Apraava Energy Secures 300 MW Solar Project From NTPC In Rajasthan Updated On Thu, Sep 12th, 2024 by Saurenergy Apraava Energy, today signed a Power Purchase Agreement (PPA) for a 300 MW interstate transmission system (ISTS) connected solar energy project with NTPC Limited in Rajasthan. The Mumbai-based integrated energy solutions provider project in Rajasthan is expected to be completed within 24 months. Apraava secured this project through an e-reverse auction mechanism at a tariff […] Read more
Global RTS Achieves 15% Growth In 10Yrs, Hits 105 GW: CEEW Updated On Thu, Sep 12th, 2024 by Saurenergy The global transition to solar photovoltaic (PV) technologies, particularly distributed solar or rooftop solar (RTS), is playing a pivotal role in helping economies like India, China, the US, Japan, and Australia meet their net-zero targets. A recent study by CEEW, “Global Perspectives on Rooftop Solar Energy A Deep Dive on How Leading Economies Advance Rooftop […] Read more
GUVNL Deserves Carbon Credit Share From RE Project: GERC Updated On Thu, Sep 12th, 2024 by Saurenergy In an interesting case, the Gujarat Electricity Regulatory Commission (GERC) has ruled that wind energy generators must share the benefits of carbon credits with power distribution companies, regardless of the platform used. The order was passed in a case where the Power Purchase Agreement (PPA) was executed under a generic tariff arrangement. The case emerged […] Read more
APTEL Refuses To Provide Relief To ReNew In 300 MW Wind Project Updated On Wed, Sep 11th, 2024 by Saurenergy The Appellate Tribunal for Electricity, in an order dated September 10, has ruled on a case involving ReNew (through ReNew Naveen Urja Private Limited) and SECI , and by extension, CERC. Case Overview: Renew Naveen Urja Private Limited (Appellant) vs. Central Electricity Regulatory Commission (CERC) & Solar Energy Corporation of India Limited (SECI). ReNew sought […] Read more
Q2: US Residential Solar Adds 1.1 GW, Lowest Growth in Three Years Updated On Wed, Sep 11th, 2024 by Saurenergy United States (US) solar module manufacturing capacity now exceeds 31 gigawatts (GW). Solar manufacturing received nearly a four-fold increase since the Inflation Reduction Act (IRA) became law in 2022. According to the US Solar Market Insight Q3 2024 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, federal clean energy policies […] Read more
MNRE Proposes RESCO, Aggregation Model To Boost Rooftop Solar Updated On Wed, Sep 11th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released draft guidelines aimed at boosting the growth of the residential rooftop solar segment. According to the draft plan, rooftop solar systems can be installed on consumers’ rooftops without requiring any initial capital investment. The ministry has asked the public and the stakeholders concerned to send […] Read more
NVVN Seeks Bids to Set Up 250 MW/500 MWh Standalone BESS Updated On Tue, Sep 10th, 2024 by Saurenergy NTPC subsidiary, Vidyut Vyapar Nigam Limited (NVVN), recently released a tender for setting up 250 MW/500 MWh standalone battery energy storage systems with viability gap funding support. NTPC released this tender under a tariff-based global competitive bidding request. The last date for bid submission is 17th September 2024. As per the NTPC Vidyut Vyapar Nigam […] Read more
candi solar Aims To Touch 200 MW Capacity In India By FY25: Nishant Sood Updated On Mon, Sep 9th, 2024 by Saurenergy How a solar company from Switzerland planned to invest in India? The main purpose of candi solar our company was to provide access to solar energy to industries, commercial entities, and any business entity that otherwise couldn’t access it. When we began our operations in India, around six years ago, PPA contracts were complex—70 pages […] Read more
ALMM Of PV Cell Manufacturers In 18 Months, Proposes MNRE Updated On Sun, Sep 8th, 2024 by Saurenergy The Ministry of New and Renewable Energy, in an office memorandum issued on September 7, has proposed extending the ALMM (Approved list of module manufacturers) conditions to solar PV cell manufacturing as well. Thus, it proposes that from April 1, 2026, much like the requirement to source modules only from manufacturers enlisted in ALMM, solar […] Read more