AGEL Arm Wins Compensation Claim From CERC For Rajasthan Wind Solar Hybrid Project Updated On Fri, May 3rd, 2024 by Saurenergy In a petition brought forward as the developer of a 450 MW ISTS connected Wind-Solar Hybrid power project, entered between Adani Solar Energy Jaisalmer One Private Limited (formerly known as SBE Renewables Ten Projects Private Limited) and Solar Energy Corporation of India Limited seeking Change in Law compensation along with Carrying Cost, the CERC had […] Read more
Power Market Update- REC Market Records All-Time Low Price In April Updated On Thu, May 2nd, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s premier electricity exchange achieved 9,044 MU overall volume, in April’24, marking a 14.1% year-over-year increase. The renewable energy certificates (REC) at 618 MU, increased 211% YoY. At Rs. 204 per certificate, the REC market recorded an all-time low price in the trading session held on 24th April 2024. The REC […] Read more
GIPCL Seeks Bids For 500 MW Solar Project In Khavda, Gujarat Updated On Thu, May 2nd, 2024 by Saurenergy Gujarat Industries Power (GIPCL) invited bids from interested parties to participate in a tender for the commissioning of a 500 MW (AC) solar PV plant at Khavda. Gujarat based GIPCL was awarded a 500 MW (AC) Solar Project by GUVNL, to be developed at 2375 MW RE Park located at Great Rann of Kutch, near. […] Read more
News In Brief On May 2 – Sunsource, GCLSI, Solar Consortium, South Africa Solar Updated On Thu, May 2nd, 2024 by Saurenergy SunSource Energy commissions a Solar Power Project for CtrlS, Asia’s Largest Rated 4 Hyperscale Data Center Operator SunSource Energy, a leading distributed solar energy company has commissioned a Solar power project for CtrlS, Asia’s largest rated 4 hyperscale Data Centre operator. Under the terms of the agreement, the Noida Data Center of CtrlS is receiving […] Read more
Vikram Solar Bags 250 MW Module Order From GIPCL Updated On Thu, May 2nd, 2024 by Saurenergy Leading module manufacturing firm Vikram Solar, has announce a significant a 250 MW order win from Gujarat Industries Power Company Limited (GIPCL). The company has successfully received the Letter of Intent (LoI). The sizeable order is a welcome sign of rising demand for one the oldest firms in the solar manufacturing sector The modules to […] Read more
Avaada Energy Gets Rs 1,190 Crore SBI Loan For Gujarat Solar Project Updated On Thu, May 2nd, 2024 by Saurenergy Mumbai-based green energy company Avaada Energy has announced that it secured a Rs 1,190 crore loan for a new solar project in Gujarat from the State Bank of India (SBI). The project is located in Surendra Nagar district of Gujarat. According to a statement by the company, the loan has been sanctioned for a 20-year […] Read more
MN8 Energy Sources 457 MW Solar Modules From First Solar Updated On Thu, May 2nd, 2024 by Saurenergy Global solar module manufacturer First Solar has placed orders with MN8 Energy LLC (MN8) for 457 Megawatts (MW) of advanced thin-film solar modules. The order included 170 MW of Series 6 plus bifacial modules and 287 MW of Series 7 modules. The modules are expected to power projects in the northeastern and southern United States […] Read more
SJVN Invites Bids For 1200 MW Solar Power Projects Across India Updated On Thu, May 2nd, 2024 by Saurenergy Hydro, and now, all renewable focused PSU SJVN Limited has invited proposals for selection of solar power developers. The company released a tender for setting up of 1200 MW ISTS-connected solar power projects anywhere in India under tariff-based competitive bidding, on build-own-operate (BOO) basis. SJVN is expected to enter into a Power Purchase Agreement (PPA) […] Read more
EU’s Shift To BTM Batteries To Meet Energy Demand: EMBER Updated On Wed, May 1st, 2024 by Saurenergy EMBER in its recent report identified that installed battery capacity in the EU doubled to 16 GW in 2023, with a significant concentration in countries like France, Ireland, and Germany. Behind-the-meter (BTM) batteries constitute a substantial portion of this capacity, with countries like Spain and the Netherlands expected to follow suit due to high renewables […] Read more