Powering India’s Net-Zero: Navigating Challenges in Renewable Integration Updated On Mon, Nov 4th, 2024 by Saurenergy India’s journey to a net-zero energy future demands an extensive transformation in its power market. As the country intensifies efforts to increase renewable energy (RE) capacity and to realise its 2030 and later net zero goals, numerous challenges—structural, financial, and operational—are emerging, presenting formidable obstacles to integrating a growing share of RE into the national […] Read more
Juniper, Jakson Green & RIH Bag GUVNL’s 200 MW Wind Project Updated On Wed, Oct 30th, 2024 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL) has now declared Juniper Green Energy, Jakson Green, and RIH Renewables (EDF Renewables) as winners of its (Phase VIII) 200 MW wind energy project in Gujarat. The tender for this project was released in July this year, and the results were released within four months. Gujarat Urja Vikas Nigam […] Read more
Indian Solar Cell Production Set To Expand But Challenges Galore Updated On Wed, Oct 30th, 2024 by Saurenergy Indian solar manufacturing industry is now under transition. While currently, a handful of solar cell makers are into the production of solar cells, the numbers are set to expand. A number of existing solar module manufacturing companies have now planned to add new solar cell production lines in the next two to three years. This […] Read more
JSW Renewable, China’s SANY Seal Licensing Deal Formally Updated On Wed, Oct 30th, 2024 by Saurenergy JSW Renewable Technologies Two, a subsidiary of JSW Renewable energy, has entered into a technology licensing agreement with Chinese Wind turbine maker SANY Renewable Energy to manufacture wind turbine blades in India for its captive use. The company entered the formal agreement after eight months with the initial announcement made in March 9 this year. […] Read more
IFC Partners With ACWA Power to Support Uzbekistan’s Energy Transition Updated On Wed, Oct 30th, 2024 by Saurenergy IFC announced today a $240 million Islamic Equity Bridge Loan (EBL) financing for ACWA Power to support the development of Uzbekistan’s renewable energy sector on the sidelines of the 8th Future Investment Institute conference at Riyadh in Saudi Arabia. IFC’s financing will support the construction and operation of two projects, with a cumulative capacity of […] Read more
Partial Relief For Amplus At APTEL For 50 MW Haryana Solar Plant Updated On Wed, Oct 30th, 2024 by Saurenergy In an order that tackled cross appeals filed by Amplus Solar and Haryana Power Purchase Centre for the same project, the Appellate tribunal for Electricity (APTEL) saw it fit to send the parties back to the state regulator to sort out the issue. Case Overview: Amplus had set up a 50 MW solar project in […] Read more
MoP New Rule Aims To Bring Transparency In Electricity Distribution Updated On Tue, Oct 29th, 2024 by Saurenergy The Ministry of Power (MoP) recently introduced reforms to electricity and distribution regulations aimed at enhancing system transparency through the new Electricity Distribution (Accounts and Additional Disclosure) Rules, 2024. MoP through its latest provision aims to bring claims or sums recovered through tariff order as recoverable, thereby to be included as revenue in the financial […] Read more
Powerica Wins 50 MW Wind Energy Project From SECI Updated On Tue, Oct 29th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) recently announced power generation company Powerica as the winner of its 50 MW auction out of the total 500 MW wind project. The company secured the project at a tariff rate of ₹3.81 per unit. The initial tender was intended for a 500 MW project. However, SECI has […] Read more
PPA of 15 years Among Key Changes Proposed in TBCB Norms By India’s Power Ministry Updated On Tue, Oct 29th, 2024 by Saurenergy In Draft guidelines for Tariff based competitive bidding involving solar, wind, Hybrid, FDRE and Energy storage projects, India’s Ministry of Power has come out with a slew of proposed changes. The draft document has been released for feedback and suggestions, with a last day of submissions being 15 days from publishing of the guidelines, ie, […] Read more
