COVER STORY: Rooftop Solar Enters Mission Mode In India Updated On Mon, Jan 29th, 2024 by Saurenergy The signs were already there. In the first week of 2024, the Ministry of New and Renewable Energy (MNRE) created ripples in the Indian solar market when it announced a 23 percent increase in subsidies for residential rooftop solar. As per the government notification, the ministry increased subsidies from Rs 14,588/kWh to Rs 18,000/kWh for […] Read more
BHEL Haridwar Issues Tender for 5 MW Solar Project Updated On Thu, Jan 25th, 2024 by Saurenergy Bharat Heavy Electricals Ltd (BHEL) has issued a tender notification seeking developers for its 5MW solar project at Ranipur facility in Haridwar, Uttarakhand. The project will be developed under BOOM mode comprising design and construction responsibilities of design-build procurements with operations and maintenance of the project. The bids will have to be submitted by February […] Read more
₹650 cr Morbe Dam Solar Project Tender To Be Issued Soon by NMMC Updated On Thu, Jan 25th, 2024 by Saurenergy The Navi Mumbai Municipal Corporation (NMMC) will be issuing tender for a 100 MW solar PV project at the Morbe Dam that lies in Raigad, Maharashtra. The solar power project was initially conceived in 2012 but didn’t fructify due to several reasons. It is now finally progressing after a 12-year delay. NMMC also has plans […] Read more
PV Module Manufacturer Alpex Solar Seeks Rs. 75 Crore Through IPO At NSE Emerge Updated On Thu, Jan 25th, 2024 by Saurenergy The solar boom continues to make itself felt more publicly, with yet another firm, Alpex Solar, planning an IPO in February this year. Alpex solar has filed its Draft Red Herring Prospectus (DRHP) with NSE Emerge, for an IPO it hopes to complete during the month. The issue size comprises a fresh issue of 64,80,000 […] Read more
SunSource Commissions 75 MW Open Access Solar project iIn Karnataka. Updated On Wed, Jan 24th, 2024 by Saurenergy Noida-based solar & storage solution provider company SunSource Energy recently announced the commissioning of the first phase of their 75 MW Open Access Solar project in Karnataka. They shared the news on their social media platform. In the post they mentioned, ‘SunSource Energy team is pleased to share that we have successfully commissioned and inaugurated […] Read more
Neoen Starts Building 24.7 MWp Three Solar Farms in Italy Updated On Wed, Jan 24th, 2024 by Saurenergy Neoen, a renewable energy production company, launched the construction of its first three assets in Italy in December 2023. These three solar farms, with a combined capacity of 24.7 MWp, are located in Lombardy (8 MWp and 7.6 MWp), and Marche (9.1 MWp). The contract for their construction has been awarded to solar EPC system […] Read more
Solar Power Europe Revises Battery Regulation For PV Manufacturers Updated On Wed, Jan 24th, 2024 by Saurenergy ‘Solar Power Europe‘, a European industry body for solar, released a report, ‘Solar Power Europe End-Of Life Guidelines”. The report shared an outlook to modernize the EU legislative framework for batteries and accumulators. This ‘Battery Regulation’ is estimated to repeal ‘Battery Directive’, which was proposed for discussion and published for consultation in December 2020. It […] Read more
SAEL Secures $1 Billion For Solar, Other Renewables Updated On Wed, Jan 24th, 2024 by Saurenergy SAEL Industries, an Indian renewable energy firm, has successfully secured $1 billion in funding from various financial institutions, including Norfund, DFC, Asian Development Bank (ADB), and Tata Cleantech. The funds will be utilized to support SAEL’s renewable energy portfolio, with a focus on expanding its solar and biomass projects. The company, which specializes in solar […] Read more
SJVN Looks To Invest Rs 1300 Cr On Floating Solar In Goa Updated On Tue, Jan 23rd, 2024 by Saurenergy Government owned SJVN Green Energy Ltd (SGEL) has submitted a proposal to the state government of Goa under which it seeks to invest more than Rs 1,300 crore for the establishment of four floating solar projects in the western coastal state. The proposal holds that the total power generation capacity of the four floating solar […] Read more
