MNRE Widens ALMM Ambit To Cover Open Access, PM KUSUM. Domestic Manufacturers To Benefit Updated On Fri, Jan 14th, 2022 by Saurenergy In an office memorandum dated January 13, the Ministry of New and Renewable Energy (MNRE) has delivered on a promise made by Power and MNRE Minister R.K. Singh earlier to cover all govt. assisted projects under the ALMM scheme. The minister had contended that they have been advised that even projects availing of benefits like […] Read more
ICRA Predicts 16 GW Capacity Addition For RE In FY23 Updated On Tue, Jan 11th, 2022 by Saurenergy The outlook for the capacity addition in the renewable energy (RE) sector remains strong with a large project pipeline of over 55 GW and the highly competitive tariffs offered by these projects. The commitment to climate change goals announced by the Prime Minister at the recent COP26 summit, including increasing the non-fossil power capacity to […] Read more
Waaree Energies Gets SEBI Nod For Rs.1500 Cr IPO Updated On Tue, Jan 11th, 2022 by Saurenergy Waaree Energies Ltd, one of the country’s largest solar module manufacturers has received approval from markets regulator SEBI to launch its initial public offering (IPO). In September, the company had filed draft papers with SEBI. The IPO comprises fresh issue of shares worth Rs 1350 crore, and an offer for sale up to 4,007,500 equity […] Read more
FM Assures Manufacturer Associations Of BCD As Promised, From April 1, 2022 Updated On Fri, Jan 7th, 2022 by Saurenergy Finance minister Nirmala Sitharaman has assured delegation of domestic solar manufacturers that the Basic Customs Duty (BCD) that was announced on modules and cells almost 9 months back, will be implemented as scheduled, from April 1, 2022. This is basis a release shared by NIMMA, or the North India Module Manufacturers Association, which was among […] Read more
NTPC’s 3 GW Renewable Plus Storage Tender Plan Signals Major Hybrid Push Updated On Tue, Jan 4th, 2022 by Saurenergy Agency reports have quoted a senior official at NTPC Renewable Energy Ltd. (NREL) as saying that the firm will float tenders for a 3 GW renewable project by February 2022. The news follows a flurry of announcements regarding the power majors renewable arm, from plans to hive it off to the search for a strategic […] Read more
SECI Signs off 2021 With 1785 MW Tender Award At Rs 2.17/unit Updated On Sat, Dec 25th, 2021 by Saurenergy In a late announcement yesterday, the Solar Energy Corporation of India announced the bid winners of its 1785 MW Solar tender (Tranche IV) for Rajasthan, whose bid deadline was May 21, with a final winning price of Rs 2.17 /unit. The final winners list has a mix of PSU, private and foreign forms in it, […] Read more
Axitec Launches 540W Module For India, Focus on Large Projects Updated On Fri, Dec 24th, 2021 by Saurenergy AXITEC, one of the few German Solar PV brands that has survived the competition from China has an interesting approach to manage operations. With its headquarters and core engineering team in Stuttgart in Germany supporting the manufacturing capacity of 1 GW, which itself is spread across key markets including EU, China, Vietnam, Cambodia and India. […] Read more
Belgian Company Develops ‘World’s 1st Offshore H2 Storage Concept’ Updated On Thu, Dec 23rd, 2021 by Saurenergy Tractebel and its partner companies have developed the world’s first offshore infrastructure and processing facilities concept for the storage of hydrogen in offshore caverns, said the Belgium-headquartered consultancy and engineering services provider. The design study, unveiled by Tractebel Overdick GmbH’s offshore experts, seeks to present an innovative solution for large-scale hydrogen storage on the high […] Read more
Top 3 Things You Need to Know About PV Plant Safety Updated On Mon, Dec 20th, 2021 by Saurenergy Introduction Solar energy has become one of the most popular forms of renewable Energy and the numbers of PV systems in use have rapidly grown in recent years. Like any energy generating option, Safety is always a key focus of attention. A solar system is normally composed of PV array, inverter, combiner box and […] Read more
