SECI Closes 1.2 GW Hybrid Tender Issued in January, Lowest Bid at Rs 2.41/kWh Updated On Thu, Dec 24th, 2020 by Saurenergy SECI has finally closed its tender for setting up of a 1.2 GW hybrid projects in India with 3 firms submitting the lowest bid of Rs 2.41/kWh The Solar Energy Corporation of India (SECI) has finally closed its tender for setting up of a 1.2 GW ISTS-Connected solar-wind hybrid power projects in India under Tranche-III. […] Read more
Borosil Renewables, The Newest Renewable Star On The Stock Market Updated On Wed, Dec 23rd, 2020 by Saurenergy Borosil Renewables Limited, the Mumbai based firm manufacturing firm that specialises in solar glass, has had a dream run up in the stock markets. Luckily for investors, this is a firm that has some real numbers to back it up, although valuations remain a matter of hope over substance probably. The firm, formerly called Borosil […] Read more
Solar Tariffs Drop to a new low of Rs 1.99/kWh in Latest Gujarat Auction Updated On Mon, Dec 21st, 2020 by Saurenergy The latest round of auctions for 500 MW worth of solar projects in Gujarat has seen tariffs drop to a new low of Rs 1.99/kWh in India. The latest round of auctions conducted by the Gujarat Urja Vikas Nigam Limited’s (GUVNL), for 500 MW worth of solar projects to be developed in the state, has […] Read more
In NTPC’s 30 GW Solar Plan, A Move To Maintain Control Over India’s Solar Targets Updated On Thu, Dec 17th, 2020 by Saurenergy NTPC’s ‘audacious’ Rs 2.01/Kwh bid at an auction where Saudi Arabia’s Aljomaih Energy and Water Company and Singapore’s Sembcorp Industries bid at Rs 2 might just signal the next phase of the national power generators biggest shift yet. To Renewable Energy. When NTPC won 470 mw of solar development rights for itself at Rs 2, […] Read more
Accenture Makes Strategic Investment in Reactive Technologies Updated On Wed, Dec 16th, 2020 by Saurenergy Accenture has made a strategic investment in Reactive Technologies, a London-based provider of power and grid technology solutions. Accenture has made a strategic investment, through Accenture Ventures, and formed a strategic alliance with Reactive Technologies, a London-based provider of power and grid technology, to help utilities accelerate the transition to low-carbon energy. According to a new report from […] Read more
Discoms’ Dues to Power Gencos Rises 29% YoY to Rs 1.38 Lakh Crore in October Updated On Mon, Dec 7th, 2020 by Saurenergy Discoms total dues owed to Gencos rose by over 29 percent year-on-year (YoY) to reach Rs 1.38 lakh crore in October 2020. Power Distribution Companies (Discoms) total dues owed to power producer i.e. generation companies (Gencos) rose by over 29 percent year-on-year (YoY) to reach Rs 1,38,187 crore (Rs 1.38 lakh crore) in October 2020. […] Read more
Bengaluru’s Three Wheels United Enters Third Derivative’s Inaugural Cohort Updated On Thu, Dec 3rd, 2020 by Saurenergy A Bengaluru based, Three Wheels United (TWU) has announced their selection in the Third Derivative’s inaugural cohort of climate innovation startups, in a press release on 2nd December 2020. TWU a tech-enabled financier of light electric vehicles is one of the 50 climate innovation startups, selected from more than 600 applicants across 60+ countries. Founded […] Read more
NTPC to Install Solar Systems in SDMC Buildings in Delhi Updated On Wed, Nov 25th, 2020 by Saurenergy SDMC has approved a proposal to install rooftop solar and ground-mounted solar systems on its buildings, will sign an MoU with NTPC. The South Delhi Municipal Corporation (SDMC) has approved a proposal to install rooftop solar and ground-mounted solar systems on its buildings. The municipal corporation will now sign a memorandum of understanding (MoU) with […] Read more
Order Book The Bright Spot in Sterling and Wilson Solar Q2 Results Updated On Thu, Nov 12th, 2020 by Saurenergy Sterling and Wilson Solar Limited has declared its financial results for the quarter ended September 30, 2020, also the end of the first half of the financial year for the firm. The nature of the EPC business, along with the impact of the Corona pandemic on execution schedules, means, the firm is yet again forced […] Read more
