Hinduja Renewables & SJVN Among Winners in GUVNL’s 500 MW Solar Tender Updated On Wed, Dec 27th, 2023 by Saurenergy SJVN has secured a 100 MW solar power project through e-reverse auction conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). The firm bagged the quoted capacity of 100 MW solar project at the tariff of ₹2.63/unit on Build Own and Operate basis through a tariff based competitive bidding process of GUVNL. Hinduja Renewables has won […] Read more
Powergrid Acquires Two SPVs for Evacuation Of Green Power From Rajasthan Updated On Wed, Dec 27th, 2023 by Saurenergy Power Grid Corporation of India Limited (Powergrid) – a Maharatna CPSU under the Ministry of Power has recently acquired two Project Special Purpose Vehicles (SPVs) namely- Ramgarh II Transmission Limited and Beawar Dausa Transmission Limited for the Transmission System Projects. They will be used for the evacuation of power from the Renewable Energy Zone (REZ) […] Read more
Floating Solar Set To Add 6 GW Capacity In Europe By 2031: Report Updated On Tue, Dec 26th, 2023 by Saurenergy Solar Power Europe recently launched its report on floating PV, sharing the best practices, technical guidance on floating solar project development. The report mentions that FPV represents a nascent technology in the European Union, but it presents positive signs of rapid growth. It said that ‘FPV solar power systems on reservoirs and quarry lakes are […] Read more
Solar Faces Challenges in Procurement, Supply Chain Strategy: Rystad Updated On Tue, Dec 26th, 2023 by Saurenergy Rystad in its report lays importance on the need for development of procurement strategy for leading supply chain strategy, while prioritizing cost-effectiveness and sustainability. The report finds the supply chains system for oil and gas equipment and services to be relatively fragmented and geographically diverse. It found to be spread with suppliers coming from Europe, […] Read more
NTPC Looks for Solar Power Developers in 1500 MW Tender Updated On Tue, Dec 26th, 2023 by Saurenergy NTPC Ltd. has issued a tender inviting online bids from eligible bidders on single stage two Envelope (that is, envelope-I: technical bid and envelope-II: financial bid) with reverse auction for the selection of solar power developers in 1500 MW tender. These ISTS connected solar power projects will be established anywhere in India. The last day […] Read more
France’s CRE PPE2 Tender Allocates 104.4 MW Solar Projects to Neoen Updated On Tue, Dec 26th, 2023 by Saurenergy Neoen, a French renewable energy producer, has initiated the construction of four solar projects totaling 104.4 MWp won in PPE2 tender. This move cements Neoen’s position among the top awardees in the recent call for tenders by the French Energy Regulation Commission (CRE), known as PPE2. Among the awarded projects, three incorporate an agrivoltaic approach, […] Read more
NTPC REL Wins 900 MW in PFCCL 1250 MW Solar Tender Updated On Tue, Dec 26th, 2023 by Saurenergy PFCCL has announced the winners for its solar tender released a few months ago. NTPC Renewable Energy Limited has secured the bid for 900 MW capacity in the solar tender floated by PFCCL on behalf of NTPC Ltd. for the selection of 1250 MW ISTS-connected solar PV power projects in India under Flexibility Scheme. The […] Read more
Avaada, ReNew, Sprng Among Winners of 1000 MW SECI Solar Tender Updated On Fri, Dec 22nd, 2023 by Saurenergy The 1000 MW solar tender (under tranche XI) by SECI (Solar Energy Corporation of India) has announced Avaada Energy, Sprng Energy, ReNew Solar Power, and Solarcraft Power India 8 (Blupine Energy) as its winners. Avaada and ReNew bagged the highest capacities of 300 MW while Sprng Energy won a capacity of 250 MW. While these […] Read more
CERC Grants Compensation To Azure Power Over ‘Change of Law’ Events Updated On Fri, Dec 22nd, 2023 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) allowed Azure Power compensation for ‘change of law’ events. These events were related to the Goods and Service Tax (GST) surge on solar products. The detailed order said that the case was related to three projects of Azure. This includes two 300 MW solar plants, each situated […] Read more
