GUVNL Looks to Procure 500 MW Solar Energy with 500 MW Greenshoe Option Updated On Thu, Nov 16th, 2023 by Saurenergy Gujarat Urja Vikas Nigam Ltd., (GUVNL) has issued a tender and invited bids for the purchase of power through competitive bidding process (followed by reverse e-auction) from 500 MW grid connected solar PV power projects without energy storage to be set up/ under construction/ already commissioned projects anywhere in India. The GUVNL tender comes with […] Read more
Solar Energy In US Can Surpass Hydropower By 2024: EIA Estimates Updated On Tue, Nov 14th, 2023 by Saurenergy A latest Energy International Agency (EIA) report on solar growth in the United States (US) suggested that the country witnessed an increase in installed capacity by an average rate of by 44% annually from 2009 to 2022. It forecasted that the US would generate 14% more electricity from solar energy than from hydroelectric facilities in […] Read more
UPCL to Procure 200 MW Solar Energy from SJVN Green Energy Ltd Updated On Wed, Nov 8th, 2023 by Saurenergy SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN in Rajasthan under CPSU Scheme, has been awarded a Letter of Intent towards the procurement of 200 MW of solar power from Uttarakhand Power Corporation Limited (UPCL). The purchase will be made at a tariff of INR 2.57 per unit from the Bikaner Solar […] 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
Solar Energy-generated Electricity Costs only 3−6 Cents Per kWh: CDRI Report Updated On Wed, Oct 11th, 2023 by Saurenergy UNDP (United Nations Development Program) has released a report published by Coalition for Disaster Risk Infrastructure (CDRI), on ‘Capturing the Resilience Dividend’. Capital Cost in Solar The report suggests that the cost of capital offers a critical benchmark to assess the risks and return preferences of investors and the pricing of money in different geographies. […] Read more
EIB’s €200 Million Loan To CTP To Finance Its Ambitious Solar Energy Roll-Out Updated On Thu, Sep 21st, 2023 by Saurenergy European renewable energy conglomerate CTP has announced that it has secured €200 million in financing from the European Investment Bank (EIB) for the roll-out of its large-scale programme of solar panel installation across its European business park portfolio. CTP is Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable […] Read more
Joshit Ranjan Sikidar to Steer Solar Energy Corporation of India Limited as Director (Finance) Updated On Wed, Sep 13th, 2023 by Saurenergy Joshit Ranjan Sikidar has joined Solar Energy Corporation of India Limited (SECI) as Director (Finance) on September 12, 2023. Sikidar is a Chartered Accountant, Company Secretary, Cost Accountant and MBA (Finance), with total post-qualification experience of more than 30 years. Before his appointment as Director (Finance), Sikidar was working as Group General Manager (Finance) and […] Read more
AmpIn Energy Transition Powers Allana Group with 4.5 MW Solar Energy Updated On Wed, Sep 6th, 2023 by Saurenergy AmpIn Energy Transition, an energy transition platform and renewable energy Independent Power Producer (IPP) has solidified a strategic partnership with Allana Group to provide 4.5 MW of solar power to Allana Group’s plant in Aligarh, Uttar Pradesh. AmpIn has marked a strong presence as a renewable energy IPP in Uttar Pradesh (UP) with a robust […] Read more
Solar Energy Aided In Soft Landing Of Chandrayaan-3 Updated On Thu, Aug 24th, 2023 by Saurenergy India has scripted history by launching its third moon mission, called ‘Chandrayaan-3’. This mission as per the Indian Space Research Organisation (ISRO), was undertaken to explore the lunar surface. As per the ISRO report, the electronic subsystems of the satellite are powered by solar energy, generated by solar panels, and stored in batteries, as per details shared by ISRO. […] Read more