TPREL Arm to Build 12.5 MW Captive Solar Plant in Maharashtra Updated On Tue, Oct 17th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a renewable energy player and a subsidiary of The Tata Power Company Limited, has signed a Power Delivery Agreement (PDA) with Endurance Technologies Limited, an auto component manufacturer, through a special purpose vehicle (SPV) TP Green Nature Limited. The firm will develop a 12.5 MW AC captive solar plant. […] Read more
SECI Invites RFS For 1000 MW Solar Projects Under Tranche XII Updated On Tue, Oct 17th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has issued an RfS (Request for selection) for selection of Solar Power Developers for setting up 1000 MW ISTS-connected solar PV power projects in India under Tariff-Based Competitive Bidding (SECI-ISTS-XII). The last date for submission of bids is November 20, 2023. Bid opening date is November 23, with […] Read more
Solar Rooftop Developer Freyr Energy Secures INR 54 Crore Equity Investment Updated On Mon, Oct 16th, 2023 by Saurenergy Freyr Energy, a leading tech-enabled rooftop solar company in India, has secured an equity investment of INR 58 Crores. Freyr Energy is focused on taking solar energy for the retail customers (Homeowners and Micro, Small, and Medium Enterprises) in India. The round was led by EDFI ElectriFI, an EU-funded impact investment facility managed by EDFI […] Read more
Home Energy Consumption In India to Triple By 2050, Says EIA Report Updated On Mon, Oct 16th, 2023 by Saurenergy The US Energy Information Administration (EIA), in its energy outlook report for 2023, has come out with a number of projections and scenarios that might surprise people. Not least of which is the attention to India, which the report projects, will become the world’s largest solar market by capacity additions, overtaking China and the US, […] Read more
Space-Based Solar Power Expects Growth At a CAGR of 8.0%: Report Updated On Mon, Oct 16th, 2023 by Saurenergy Polaris, a research organisation, released a market report on the solar space-based solar power. The report expects market growth to grow at a Compound annual growth rate (CAGR) of 8.0 percent. This is expected to be achieved during the forecast period, 2023 – 2032. This research places importance on the use of solar-powered satellites to […] Read more
Critical To bring Quality Standards Within The Solar Energy National Ecosystem Updated On Mon, Oct 16th, 2023 by Saurenergy India’s commitment to achieving net-zero status by 2070, along with its pursuit of a greener transition, underscores the critical significance of solar power within portfolio of renewable energy. In a nation where approximately 5 billion GWh of energy is incident per year, with many regions receiving between 4 to 7 kWh per square meter daily, […] Read more
Four Areas Where Solar Power Can, Is, and Ought To Make a Bigger Impact Updated On Fri, Oct 13th, 2023 by Saurenergy “The real wealth of a nation is its people. The purpose of development is to create an enabling environment for people to enjoy long, healthy and creative lives,” said noted economist and Noble Prize winner Mahbub-ul-Haq. I was reminded of this profound universal concept that underpins today’s ‘Human Development Index,’ which serves as the defining […] Read more
Australia Set for Renewable Energy Hub with 1,200MW/2.4GWh BESS Updated On Fri, Oct 13th, 2023 by Saurenergy A new renewable energy centre is set to be established in Australia following the governmental approvals to the ‘Melbourne Renewable Energy Hub’ (MREH), the owner and developer of which is Singapore based renewables investor Equis. With the approval being received, a 1,200MW/2.4GWh two-hour duration battery energy storage system (BESS) will come up in Victoria. This […] Read more
SJVN Subsidiary Wins 100 MW RUVNL Project Updated On Fri, Oct 13th, 2023 by Saurenergy SJVN, through its wholly-owned subsidiary, SGEL has received a Letter of Award for a solar power project of 100 MW from Rajasthan Urja Vikas Nigam Limited (RUVNL). The project, to be developed in Rajasthan, has been bagged at a tariff of INR 2.62 per unit. To be developed on a B-O-O basis (Build Own and […] Read more