Renew Power, Fourth Partner In Deal For On Site Solar Assets? Updated On Sat, Jan 22nd, 2022 by Saurenergy Business daily Economic Times has reported a deal between Sumant Sinha led Renew Power and Fourth Partner Energy for the on site solar assets across Renew Power’s renewable installations. The deal is reportedly worth Rs 650 crores, for assets with a capacity of 140 MW spread across 100 locations. For Renew, the 140 MW capacity […] Read more
PLI Battery Scheme Has 10 Bidders. Reliance, L&T, Amara Raja Bid Updated On Mon, Jan 17th, 2022 by Saurenergy Bids from 10 companies have been received for the government’s PLI Battery scheme, or ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’. Seen as a key initiative to ensure 50 GWh of ACC battery storage manufacturing capacity in the country. The Rs 18, 400 Lucas-TVS, Exide Indcrore production-linked incentive (PLI) scheme for advanced chemistry […] Read more
Pune Municipal Corp to form SPV for Erecting Solar Plant Updated On Wed, Dec 29th, 2021 by Saurenergy Pune Municipal Corporation (PMC) has given a nod to form a special purpose vehicle (SPV) to generate solar power and purchase it from the company that sets up the plant for next twenty years at a fixed rate. PMC along with the Centre’s Energy Efficiency Service Limited (EESL) plan to generate the solar power and […] Read more
SECI Signs off 2021 With 1785 MW Tender Award At Rs 2.17/unit Updated On Sat, Dec 25th, 2021 by Saurenergy In a late announcement yesterday, the Solar Energy Corporation of India announced the bid winners of its 1785 MW Solar tender (Tranche IV) for Rajasthan, whose bid deadline was May 21, with a final winning price of Rs 2.17 /unit. The final winners list has a mix of PSU, private and foreign forms in it, […] Read more
Indian Railways Seeks Bids for Solar-driven AC Plants in Kerela Updated On Fri, Dec 24th, 2021 by Saurenergy The Thiruvananthapuram railway division, one of the six administrative divisions of the Southern Railway Zone of the Indian Railways, has invited bids for the supply of solar-powered AC plants in running rooms in Thiruvananthapuram, Kerala. The deadline for bid submission is January 13, 2022, at 2 PM. Bidding will commence on December 30, 2021. The […] Read more
Andhra Govt Finally Withdraws 6400 MW Tender, Sticks With Buy From SECI Updated On Fri, Dec 24th, 2021 by Saurenergy In a move that was widely expected for the past few months, the Andhra Pradesh government has dropped its 6400 MW solar tender. the state government had tried to pull off its own tender with conditions separate from central tenders, to prove a point about its claim of paying too high a price for previous […] Read more
Danish Fund IFU To Invest $34 Million Into Cleanmax Updated On Tue, Dec 21st, 2021 by Saurenergy In yet more funding news, The Danish Investment Fund for Developing Countries (IFU) is investing USD 34 million (Rs 260 cr approx.) in CleanMax, which has an aggregated capacity of 750+ MW of installed solar and wind-solar hybrid power. Cleanmax, founded in 20211, has been an early mover in the commercial and industrial segment, and […] Read more
Koch Invests $150 million in GameChange Solar Updated On Fri, Dec 17th, 2021 by Saurenergy GameChange Solar Holdings Corp. (GameChange), a leading US provider of racking and tracker systems for utility scale solar power plants, announced today that Koch Strategic Platforms (“KSP”), a subsidiary of Koch Investments Group, has made a $150 million investment in GameChange to support the company’s strategic development goals. In India, GameChange has its office in […] Read more
ETO Motors Deploys Over 50 E-rickshaws in Gujarat Updated On Tue, Dec 14th, 2021 by Saurenergy Electric mobility solutions provider ETO Motors has deployed over 50 e-rickshaws at Kevadia in Gujarat, in partnership with The Statue of Unity Area Development and Tourism Governance Authority (SOUADTGA). The company is further considering deploying over 350 EVs in the next four to six months in a bid to make Kevadia an electric vehicle-only city. […] Read more
