Pace Digitek Files ₹900 Cr IPO For Setting Up BESS Project Updated On Thu, Apr 3rd, 2025 by Saurenergy Renewable energy and telecom service provider Pace Digitek Ltd has filed for an initial public offering (IPO) worth ₹900 crore and is considering a pre-IPO placement of up to ₹1,800 million, according to its draft red herring prospectus. The IPO plans follow a string of wins for the firm in recent BESS tenders due from […] Read more
Indian Railways Speeds Up Solar Installs, Lags Broader Targets Updated On Thu, Apr 3rd, 2025 by Saurenergy Indian Railways has so far installed about 209 MW of solar plants on 2,249 Railway stations and service buildings across the country . The Indian Railways Solar Power expansion reached 2,249 installations units with 1489 added in the last five years, 2.3 times more than 628 in the previous five years. Rajasthan Leads in Solar […] Read more
Green Stocks April 2: Stocks Sway To Analyst Views Updated On Wed, Apr 2nd, 2025 by Saurenergy The markets stood up to the threat of US tariffs today, as the details of potential impact will slip in through the evening. However, some of our green stocks, notably two key solar manufacturing firms in the form of Waaree Energies and Premier Energies were tripped up by a report from Bernstein, which predicted margin […] Read more
CEA Clarifies On New Energy Storage Rule Updated On Wed, Apr 2nd, 2025 by Saurenergy The Ministry of Power (MoP) has amended its provisions to clarify that ongoing government schemes, such as the PM Surya Ghar Muft Bijli Yojana, will continue under their existing rules without new energy storage mandates. It further specified that the energy storage system (ESS) co-location requirement applies only to future solar tenders and not to […] Read more
SECI Invites Bids For Rooftop Solar RESCO Project For Universities Updated On Wed, Apr 2nd, 2025 by Saurenergy SECI is set to power central universities with its 4.5 MW grid-connected rooftop solar projects under the RESCO mode. It has sought bids until May 2, 2025. In its tender, SECI clarified that the Solar Power Developer (SPD) would be required to set up a grid-connected rooftop solar PV (RTSPV) project, with the primary objective […] Read more
5 Ways Battery Storage Is Transforming Solar Energy Deployments Updated On Tue, Apr 1st, 2025 by Saurenergy Solar power’s biggest ally, the battery energy storage systems (BESS), has arrived in force in 2024. The pairing of batteries with solar photovoltaic (PV) farms is rapidly reshaping how and when solar energy is used, turning daylight-only generation into flexible, round-the-clock power. BESS has meant the momentum does not flag for solar deployments, even in […] Read more
UPPCL Discovers A Tariff Of Rs 2.56/kwh For 2 GW Solar Project Updated On Fri, Mar 28th, 2025 by Saurenergy Uttar Pradesh Power Corporation Limited (UPPCL) has concluded its 2 GW solar auction, awarding projects to four bidders: ReNew Solar Power, Fastnote Biofuels (Hindustan Power), and Adani Renewable Energy Holding Twelve. UPPCL released the tender for this project in February 2024 and declared the results after a year. According to the tender results, the lowest […] Read more
Adani Green Secures 400 MW UPPCL Solar Project At ₹2.57/kWh Updated On Fri, Mar 28th, 2025 by Saurenergy Adani Green’s subsidiary–Adani Renewable Energy Holding Twelve Limited (AREH12L), recently secured a 400 MW solar project from Uttar Pradesh Power Corporation Limited (UPPCL) at a tariff of ₹2.57/kWh. The company informed its investors in its regulatory filing before the exchanges. It said, “Adani Renewable Energy Holding Twelve Limited (AREH12L), a subsidiary of Adani Green, received […] Read more
Bridge & Roof Invites Bids For 100 MW Solar Project In Rajasthan Updated On Thu, Mar 27th, 2025 by Saurenergy Bridge and Roof, a conglomerate that provides EPC services through various modes of contract has recently issued a tender inviting bids to develop a 100 MW (AC) solar project. This project belongs to SJVN Green Energy at Nawa, Didwana Kuchaman, in Rajasthan. The developer of this project is expected to undertake EPC activities, including three […] Read more
