Real Estate Developer Gaurs Group Sets Up First 15 MW Solar Project Updated On Tue, Jun 6th, 2023 by Saurenergy Real estate developer Gaurs Group has entered into the energy sector and marked the foray with the establishment of a 15 MW solar project at Mahoba, Uttar Pradesh. An investment worth INR 70 cr has been made into the said project, which spreads to an area of 50 acres. As per the company statement, the […] Read more
Traded Power Prices Drop 30% YOY At IEX To Rs 4.74/unit In May Updated On Tue, Jun 6th, 2023 by Saurenergy In a good sign for India’s summer months, power trading prices at the largest power exchange in the country, IEX, dropped 30% YOY to Rs 4.74/unit in May. During the month, the exchange enabled 8,251 MU (million units) of power trades. The green market trades at 358 MU, 1.42 lac Renewable energy certificates (RECs equivalent […] Read more
HPPCL Issues Tender for Supply of 5 MW Solar Project Updated On Tue, Jun 6th, 2023 by Saurenergy Himachal Pradesh Power Corporation Limited (HPPCL) has invited bids for the design, supply, construction & erection, testing, commissioning and operation and maintenance for eights years for 5 MW solar power project at Bhanjal, Una, Himachal Pradesh. The last date and time of submission is June 21, 2023. The technical bid opens on June 21, 2023. […] Read more
Electronics Engineer for Solar Services Updated On Mon, Jun 5th, 2023 by Saurenergy We are currently seeking an Electronics Engineer experienced in the whole process of product lifecycle management of Utility scale central photovoltaic inverters for solar farms to support our sustaining activities on both the existing installed base and future expansions. The ideal candidate has acquired a profound insight into the PV field design constraints and grid […] Read more
CERC Asks SECI to Compensate Developer For BCD On Solar Cells Updated On Mon, Jun 5th, 2023 by Saurenergy The CERC has maintained that ReNew Solar Energy (Jharkhand Three) Private Limited is entitled to compensation on a PPA signed with the Solar Energy Corporation of India Limited (SECI) following the imposition of safeguard duty on solar cells/modules. The firm said that the imposition has resulted in an increase in the rate of Basic Customs […] Read more
Mcdonald’s Operator Westlife To Power A Third Of New Stores With Solar By FY24 Updated On Mon, Jun 5th, 2023 by Saurenergy To mark World Environment Day 2023, Westlife Foodworld Ltd. (formerly Westlife Development Ltd.) – owner and operator of McDonald’s restaurants in West and South India will progressively install rooftop solar panels on one-third of its new restaurants in FY24. This move is part of the company’s goal to increase the use of renewable energy. In […] Read more
NTPC Likely To Add 5,000 MW Of Renewable Energy Capacities Annually Updated On Mon, Jun 5th, 2023 by Saurenergy India’s largest power sector PSU (Public Sector Utility)-NTPC Limited, is likely to add around 4,000 MW to 5,000 MW of renewable energy annually to achieve its ambitious clean energy target. The PSU has targeted adding up to 60 Gigawatt (GW) of installed renewable power capacity by 2032. However, in the short term, the power behemoth has planned […] Read more
IEA Says Solar PV Capacity Additions Will Slowdown In India In 2023 Updated On Mon, Jun 5th, 2023 by Saurenergy The new report by International Energy Agency (IEA) – Renewable Energy Market Update, June 2023 – has said that the utility-scale solar PV projects are expected to slow briefly in 2023 due to supply chain challenges, lower auction volumes and trade policies. The IEA report has shown concern as solar power is India’s largest renewable […] Read more
Ørsted, ESB To Deliver Upto 5 GW Renewable Energy in Ireland Updated On Sun, Jun 4th, 2023 by Saurenergy ESB, Ireland’s energy company and Danish clean energy major Ørsted have signed an agreement to jointly develop an Irish offshore wind portfolio. With the agreement, which marks the most ambitious partnership in Ireland to date, Ørsted becomes a 50/50 partner in a pipeline of offshore wind development projects off the Irish coast. The partnership is […] Read more
