Poor Policy Shackling Pakistan’s Solar Potential: IEEFA Updated On Fri, Jun 16th, 2023 by Saurenergy Innovating Pakistan’s power purchase agreements (PPA) for renewable projects, and offering price stability to de-risk the market, are crucial to restore investor confidence, according to a new report authored by Haneea Isaad, an Energy Finance Analyst at the Institute for Energy Economics and Financial Analysis (IEEFA). The new report analysed the efficacy of incentives available […] Read more
Avaada Energy Gets LoI for 400 MW Solar Project from GUVNL Updated On Thu, Jun 15th, 2023 by Saurenergy Avaada Energy, an arm of Avaada Group, an integrated energy group with business interests in renewable power generation, solar module manufacturing, electrolyser manufacturing and green ammonia production, has received the Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) to set up 400 MW (DC) solar project. The company has won 200 MW […] Read more
Southeast Asian Power Market On A Liberalisation Spree: Report Updated On Thu, Jun 15th, 2023 by Saurenergy The recent Global Market Outlook report on solar power by Intersolar Europe and Global Solar Council claimed that several countries in the Southeast Asian market are on a liberalization spree to reform their power sector. These reforms aimed to boost the production of renewable energy and its use to cater to the power needs of […] Read more
India Will Surpass 100 GW of Solar Installed Capacity By Early 2024: Report Updated On Thu, Jun 15th, 2023 by Saurenergy A study entitled ‘Global Market Outlook For Solar Power 2023-2027’ (With a Focus on South East Asia) has been released. The major findings of the insightful report are as follows- Top Five Countries in Installations The top five countries that added solar installations in 2022: 1. China: 100 GW (Approx) 2. US: 21.9 GW 3. […] Read more
SJVN, Dhaani Renewables, Apraava Energy Among Winners of 1.2 GW SECI Tender Updated On Mon, Jun 12th, 2023 by Saurenergy State-owned entity SJVN Ltd arm SJVN Green Energy has won a 200 MW wind power project won through competitive bidding in a tender floated by Solar Energy Corporation of India (SECI). SJVN Green Energy won the full quoted capacity of a 200 MW wind power project at the rate of Rs 3.24 per unit. Apraava […] Read more
Punjab State Power Corporation Issues Tender To Procure 200 MW Solar Power Updated On Fri, Jun 9th, 2023 by Saurenergy Punjab State Power Corporation Limited (PSPCL) has invited bids for the procurement of 200 MW solar power from grid connected solar photovoltaic power projects to be set up anywhere in Punjab. PSPCL has invited prospective bidders for the e-bidding under Swiss Challenge Method, based on an existing offer in hand of PSPCL from a bidder, […] Read more
Five Reasons EVs Will Deliver On Their Clean Promise Updated On Thu, Jun 8th, 2023 by Saurenergy In Part 1 of this two-part series yesterday, we covered the various challenges to Electric Vehicles (EVs), especially regarding their green credentials. However, the EV juggernaut has only picked up speed in India, with the market leader, Tata Motors, which leads in the four-wheeler EV segment with their EV models-Tiago and Nexon is now all set to launch its […] Read more
ReNew Reports 47% Growth In Total Income In Q4 On YoY-Basis Updated On Wed, Jun 7th, 2023 by Saurenergy Renewable energy company Renew announced its Q4 and FY23 results today, indicating its growth in renewable capacities and total incomes. A release from the cleantech company said by the end of March 31 this year, the company’s portfolio stood at 13.7 Gigawatt (GW). It reported a total of 28.2 percent increase year-on-year (YoY). It claimed […] Read more
CERC Asks SECI to Compensate Developer For BCD On Solar Cells Updated On Mon, Jun 5th, 2023 by Saurenergy The CERC has maintained that ReNew Solar Energy (Jharkhand Three) Private Limited is entitled to compensation on a PPA signed with the Solar Energy Corporation of India Limited (SECI) following the imposition of safeguard duty on solar cells/modules. The firm said that the imposition has resulted in an increase in the rate of Basic Customs […] Read more
