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solar energy

Torrent Power Secures 450 MW Wind-Solar Hybrid Project

Torrent Power, a Gujarat power company has announced it has secured 300 MW power from wind-solar hybrid energy projects, with a greenshoe option of up to 150 MW through an auction. Further, the company also stated that it won the auction after quoting Rs 3.65/kWh The tender for 300 MW of power supply, with a […]

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IOCL, Panasonic Energy Form JV For EV Batteries

Indian Oil Corporation Limited and Panasonic Energy, a Panasonic Group Company, have signed a binding term sheet to draw a framework for the formation of a JV for manufacturing cylindrical lithium-ion cells in India in anticipation of expanding demand for batteries for two and three-wheel vehicles and energy storage systems in the Indian market, the […]

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Austria Development Bank Invests In RE Firm AMPIN Energy

Renewable energy transition company AMPIN Energy Transition has announced an investment from OeEB, the Development Bank of Austria. OeEB will be investing EUR 25 million in long-term financing to support AMPIN Energy Transition in further expanding its renewable energy portfolio and establishing a local 1GW solar cell and module production facility in the state of […]

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Adani Green Operationalises 1 GW Of Solar Projects At Khavda Within 24 Hours

In two back to back filings at the Bombay Stock Exchange (BSE), Adani Green Energy Limited has announced the operationalisation of two traches of solar projects at Khavda Gujarat. While one involved a group of projects adding upto 775 MW, the other filing pertained to a further 212 MW of projects operationalised. The announcements follow […]

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ALMM To Rule Solar From April 1, 2024 in India

Putting to rest any doubts over the future of sourcing for key solar projects, the Ministry of New and Renewable Energy (MNRE) has confirmed the deadline of March 31 for ending all ALMM related exemptions for developers in a terse, one page office memorandum. At SaurEnergy, we had predicted this outcome early this week. That […]

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Luminous Moves Forward On Solar Panel Mfg. With 250 MW Panel Plant

Leading energy solutions firm Luminous Power Technologies inaugurated its Solar Panel Factory in Rudrapur, Uttarakhand. The company claims the facility has cutting-edge technology and infrastructure designed to ensure maximum efficiency and minimal environmental impact. The launch was graced by legendary cricketer and Luminous Brand Ambassador Sachin Tendulkar, accompanied by Preeti Bajaj, CEO & MD, Luminous Power Technologies, and Manish […]

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Australian Government Invests $1 Billion For Solar Sunshot Program

A joint media release by Anthony Albanese Member of Parliament (MP), and the Prime Minister of Australia shared the Albanese government’s $1 billion investment in the Solar Sunshot programme in Australia. The minister said, “Solar Sunshot will help Australia capture more of the global solar manufacturing supply chain through support, including production subsidies and grants. […]

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GUVNL Invokes Greenshoe Option For 880 MW Grid-Connected Solar Projects

Gujarat Urja Vikas Nigam Limited (GUVNL) has announced its plans to secure 500 MW of power from grid-connected solar photovoltaic (PV) projects. GUVNL has floated the tender for the purchase of power from 500 MW Grid Connected Solar Photovoltaic Power Projects to be set up/under construction/already commissioned projects anywhere in India with Greenshoe Option of […]

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10 MW Floating Solar on Bihar’s Durgawati Dam Reservoir-Bids Invited

Bihar State Power Generation Company Limited (BSPGCL), the state’s nodal agency has released a tender for procumbent of power through tariff based competitive bidding from grid connected 10 MW floating solar power project. BSPGCL document mentioned, “This project is to setup under RESCO mode over reservoir of Durgawati Dam located at district in Kaimur/Rohtas in […]

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