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
With 2GW Solar Power Plans, FRV Enters Germany Updated On Mon, Jan 30th, 2023 by Saurenergy Fotowatio Renewable Ventures (FRV) has said that it has entered the German market and intends to develop 2GW of PV projects, Battery Energy Storage Systems (BESS) and renewable installations in the next four years. The company is owned by of Abdul Latif Jameel Energy and Canadian pension fund and infrastructure investor OMERS. Andreas Pfeifer, Managing […] Read more
Government Extends Deadline For Pending Solar And Solar Wind Hybrid Projects Updated On Mon, Jan 30th, 2023 by Saurenergy In an official letter addressed to management at SECI, NTPC and NHPC, the Ministery of New and Renewable Energy (MNRE) has extended the deadline up to March 2024 for under implementation solar and solar wind hybrid projects. the new deadline is applicable for project bids finalized before March 9,2021. As per the announcement made by […] Read more
Australia & Germany Collaborate for Solar Powered Methanol Project Off Australia’s Port Augusta Updated On Mon, Jan 30th, 2023 by Saurenergy Australian cleantech company Vast Solar has revealed that the company along with the Solar Methanol Consortium have been selected to receive A$ 19.48 million and EUR 13.2 million from a collaboration between the Australian and German Governments for the development of a green methanol demonstration plant, SM1 in Port Augusta, South Australia. Vast Solar claims […] Read more