Budgetary Allocation for Solar Sees Upward Thrust, But Wind Slumps Updated On Thu, Feb 2nd, 2023 by Saurenergy Finance Minister Nirmala Sitharaman has placed eminence on green growth in Budget 2023-24. Consequently, a slew of announcements and schemes have been announced. Off-grid and grid-connecting solar projects as well as PM-KUSUM has also see a major increase in budgetary allocation. An outlay of Rs 7327 crore has been approved towards the scheme for both […] Read more
RUVNL Floats Tender for 1.5 GW Wind-Solar Hybrid Projects with Storage Updated On Wed, Feb 1st, 2023 by Saurenergy Rajasthan Urja Vikas Nigam (RUVNL), has invited bids for the establishment of 1.5 GW(AC) ISTS-connected Wind-Solar Hybrid Power Projects with Storage, to be set up anywhere in India. The projects are to have flexibility in scheduling power as required by DISCOMS. The project must have a mandatory energy storage system (ESS) of a minimum of […] Read more
Juniper & Solarcraft Win 50 MW, EDF & ACME Pokharan 100 MW Each in GUVNL 300 MW Wind Auction Updated On Tue, Jan 31st, 2023 by Saurenergy In the fresh auction by Gujarat Urja Vikas Nigam (GUVNL) for the power supply of 300-MW grid connected wind energy projects, Juniper Green Energy, WYN Renewables, EDF Renewables, ACME Pokharan Solar and Solarcraft Power India have emerged as winners. As per the results by GUVNL of the Phase-IV wind energy projects, the players also have […] Read more
Five Secrets About Solar & Wind Power You Should Know Updated On Tue, Jan 31st, 2023 by Saurenergy As Solar and wind are becoming increasingly popular sources of renewable energy, detractors love to point to limitations like intermittency, efficiency as drawbacks. However, even as these drawbacks are being covered with the drop in storage costs and ever higher efficiencies for both these options, many people may not be aware of the reason solar […] Read more
Sprng Energy With Rs 2.51 Bid Leads Winners List in GUVNL 500 MW Solar Auction Updated On Tue, Jan 31st, 2023 by Saurenergy Sprng Energy (200 MW), ib Vogt Singapore (130 MW), Hinduja Renewables (120 MW) and Blupine (Solarcraft Power India) (50 MW) have walked away with the allotments to develop solar power for GUVNL. While Sprng bid at Rs 2.51/unit, the remaining three winners bid at Rs 2.52 per unit. The tender, released in October last year, […] Read more
MSEDCL Issues RFS for Procurement of 350 MW Solar Power Updated On Tue, Jan 31st, 2023 by Saurenergy Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL), a wholly-owned subsidiary of the Maharashtra State Electricity Board has issued a Request for Selection (RfS) towards the procurement of 350 MW (AC) solar power from projects that are to be set up in Maharashtra. The competitive bidding process will be followed towards this and will also entail […] Read more
Boost to SMEs, Easy Imports, Cheaper Financing: Solar Expectations from Budget ’23 Updated On Tue, Jan 31st, 2023 by Saurenergy Budget 2022 made major announcements. Primary among them was the earmarking of Rs 19,500 crore for production linked incentives towards the manufacturing of high efficiency solar photo voltaic modules. While this has been a source of hope for the industry, a major mood dampener has been the imposition of duties on solar cells and modules. […] Read more
Solar EPC: After Strong 2022, Industry Looks Ahead To Continuity in 2023 Updated On Tue, Jan 31st, 2023 by Saurenergy The Indian Solar EPC market looked good in the year gone-by as several EPC projects, both government and private, took off in 2022. Interestingly, even as large EPC firms with a global footprint like Sterling and Wilson Renewable Energy struggled with projects where they were on the hook for fixed price contracts, bearing heavy losses, […] Read more
Rays Power Infra to Build 1800-MW Solar Park In Rajasthan Updated On Tue, Jan 31st, 2023 by Saurenergy In a key development that further strengthens its presence in the state, Rays Power Infra has announced that it has signed an agreement with the state government of Rajasthan for the construction of a 1,800 MW solar park in the state. The estimated worth of the entire project will be Rs 9,140 crore. Rays Power […] Read more
