Icon Solar Aims To Touch USD 200 million sales by 2025: Shakti Dubey, Director Updated On Mon, May 8th, 2023 by Saurenergy Shakti Kumar Dubey is the Director of Icon Solar-En Power Technologies Private Limited (En-Icon), an Indian solar module manufacturing company. The company started its operations nine years ago and has expanded its base since then in the country. En-icon has also been important in supplying solar pumps under the PM-KUSUM and other solar pump schemes. In […] Read more
MNRE Allows Time Extension For Solar/Hybrid Projects Only In ‘Genuine Cases’ Updated On Wed, May 3rd, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a fresh order to act against erring renewable energy project developers who willfully delay clean energy projects and ask for relaxations on commissioning dates. In its latest Order, the ministry said it gave the renewable energy implementing agencies like SECI, NTPC, and NHPC the power […] Read more
BayWa r.e. Raises $115 Million Afresh For Solar+Storage Projects Updated On Wed, May 3rd, 2023 by Saurenergy North American solar developer BayWa r.e. has secured a $115-million credit facility with global financial services firm Nomura to support the development of utility-scale solar and solar+storage projects in the United States. BayWa r.e. said that the credit facility will initially support projects totaling 1.1 GW of solar and 188 MWh of battery storage in […] Read more
Credit Fair Partners Tata Power Solar for Solar Rooftop Installation Financing Solutions Updated On Thu, Apr 27th, 2023 by Saurenergy 27th April 2023: Credit Fair, a consumer lending fintech startup, has partnered with Tata Power Solar Systems Limited (TPSSL), a 100 per cent subsidiary of Tata Power Renewable Energy Limited (TPREL) to offer collateral-free affordable financing solutions with low cost for both individuals as well as MSMEs planning to reduce their carbon footprint and electricity […] Read more
ReNew Power Bags 200 MW of GUVNL’s 500 MW Tender; Solarcraft, Mahindra Susten, Avaada Energy Other Winners Updated On Fri, Apr 21st, 2023 by Saurenergy Gujarat Urja Vikas Nigam’s (GUVNL) tender, floated in February this year, for the supply of power from 500 MW of grid-connected solar projects (Phase XIX) has been won by ReNew Power, Solarcraft Power, Mahindra Susten, and Avaada Energy. Capacities & Tariff ReNew Solar Power bagged the highest capacity of 200 MW. It had quoted Rs 2.71 […] Read more
India Closes FY23 With 12.8 GW Of Solar Additions Updated On Thu, Apr 13th, 2023 by Saurenergy The March numbers for India’s power sector are finally out, and for solar especially, the slowdown seen since September has ensured that total capacity added during the year is less than Fy22. At 12.8 GW, that has to go as a major disappointment for the sector, considering the lack of the kind of uncontrollable disruptions […] Read more
Masdar Invests In 128 MW Solar Project Of EDF Renewables North America Updated On Wed, Apr 12th, 2023 by Saurenergy UAE renewables major Masdar has acquired 50% stake in a combined solar and battery storage project from EDF Renewables North America. The Big Beau project, located in California, comprises a 128-MW solar PV plant and a 160 MWh BESS. It is one of eight projects that Masdar and EDF Renewables have agreed to jointly partner […] Read more
Powerica Ltd Entitled To Compensation Due To Rise of GST Rates Post-Contract, Rules CERC Updated On Tue, Apr 11th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest Order, while hearing a petition filed by Powerica Limited, has ruled that the change of Goods and Service Tax (GST) rates after receiving a contract was a deemed case of ‘change of law.’ Accordingly, the regulatory body also ordered compensation to the wind energy company on […] Read more
Andhra Leads In Country With The Highest Installed Capacity of Solar Parks Updated On Mon, Apr 10th, 2023 by Saurenergy The southern Indian state of Andhra Pradesh has emerged as the leading state in India when it comes to installed solar energy capacity from solar parks. The Minister of New and Renewable Energy RK Singh, recently shared the data before Rajya Sabha. As per the minister’s written statement before the House, Andhra Pradesh has a […] Read more
