Assam Issues Draft Net Metering Guidelines For Solar Projects Updated On Wed, Sep 18th, 2024 by Saurenergy The Assam Electricity Regulatory Commission (AERC) has released a draft notification, outlining the guidelines for group net metering and virtual net metering for renewable energy. The northeastern state, in its guidelines, stated, “The distribution licensees will be required to facilitate and bear the capital expenditure for Service Line cum Development (SLD). This aims to facilitate […] Read more
Tata Power Renewable Energy Secures 400 MW Hybrid Project from MSEDCL Updated On Wed, Sep 18th, 2024 by Saurenergy Tata Power Renewable Energy Limited (TPREL), the green arm of the Tata Power Company Limited, has successfully secured a Letter of Award (LoA) from the Maharashtra State Electricity Distribution Company Limited (MSEDCL), a wholly owned entity under the Maharashtra Government, for the development of a 400 MW Wind-Solar Hybrid project in Maharashtra. The LoA includes […] Read more
Torrent Power Wins 1,500 MW/12,000 Energy Storage Bid From MSEDCL Updated On Wed, Sep 18th, 2024 by Saurenergy Torrent Power Limited recently secured a 1,500 MW pumped hydro storage project from the Maharashtra State Electricity Distribution Co. Limited (MSEDCL). Under this mutually agreement provisions, Torrent Power will procure 1,500 MW/12,000 MWh of energy storage capacity from the pumped hydro storage (PSP) project. MSEDCL will provide a detailed Letter of Award (LOI) after obtaining […] Read more
Jakson Green Signs MoU With REC For Solar IPP Projects Updated On Tue, Sep 17th, 2024 by Saurenergy Renewable energy project developer Jakson Green today announced taking another step towards accelerating India’s clean energy transition with the signing of a ₹1,420 Crore Memorandum of Understanding (MoU) with REC Limited for our solar IPP projects. “This investment will significantly boost renewable energy capacity, directly reducing reliance on fossil fuels and cutting carbon emissions. Beyond […] Read more
Cosmic PV Showcases Its Solar Products At RE+ In US Updated On Tue, Sep 17th, 2024 by Saurenergy Surat-based solar module OEM company Cosmic PV Power recently made its first appearance on the global stage at RE+ Anaheim, California, USA, North America’s largest and most comprehensive clean energy event. The company said that this debut at RE+ USA was significant for Cosmic PV Power’s journey towards global expansion. By stepping into the international […] Read more
eBikeGo Group Venture GreenPioneer Appoints Iftekhar Ahmed As CEO Updated On Tue, Sep 17th, 2024 by Saurenergy eBikeGo, India’s electric vehicle rental platform, has entered into a partnership with GreenPioneer Mobility, a company working on personal mobility. The group has now announced appointing Iftekhar Ahmed as the CEO of the new venture to lead the expansion of this firm. As part of its growth strategy, GreenPioneer plans to establish large flagship multi-brand […] Read more
H1: Global Wind Turbine Orders Hit 91.2 GW, India Orders Rise 69% YoY Updated On Tue, Sep 17th, 2024 by Saurenergy Globally, the wind turbine order intake reached a new high in H1, with the addition of 91.2 GW. This is a 23 percent increase year-over-year (YOY). According to a new analysis from Wood Mackenzie, this took the global investment by developers in H1 to US$ 42 billion, a 3% increase YOY. Whereas, the developers in […] Read more
COP29 Presidency Proposes 1,500 GW Energy Storage Target By 2030 Updated On Tue, Sep 17th, 2024 by Saurenergy The Conference of Parties (COP29) Presidency today announced its Initiatives as part of its “Action Agenda” to give an impetus to climate action and to supplement the formal negotiated COP agenda. In a letter addressed to all Parties and non-party stakeholders, COP29 President-Designate Mukhtar Babayev outlined the details of the package and how global stakeholders […] Read more
Mahindra Plans To Expand Its EV Portfolio With ‘Veero’ Updated On Tue, Sep 17th, 2024 by Saurenergy Mahindra & Mahindra Ltd. has unveiled its new model-Veero, a new light commercial vehicle (LCV) that aims to transform the segment. Priced from Rs 7.99 lakh, the Mahindra Veero is built on India’s pioneering Multi-Energy Commercial Vehicle (CV) platform, supporting diesel, CNG, and future electric powertrains. The company has now planned to launch the electric […] Read more
