SECI signs PPA with Five utilities in Karnataka for 1GW solar power project, issues NIT for 5MW project in Telangana Updated On Fri, Jul 1st, 2016 by Saurenergy Five utilities Karnataka have signed power purchase agreements (PPA) with Solar Energy Corporation of India (SECI) for 1GW of solar power project. According to recent reports Karnataka is facing one of the worst power crises in the last two decades. Solar Energy Corporation of India has also issued a notice of interest (NIT) for Design, […] Read more
MNRE invites comments/suggestions/views on Draft National Wind-Solar Hybrid Policy by June 30 Updated On Tue, Jun 14th, 2016 by Saurenergy The Government of India has set an ambitious target of generating 175 GW of renewable energy including 100 GW from solar and 60 GW from wind by the year 2022. So far various policy initiatives have been taken by the government to achieve this target. Studies reveal that solar and winds are nearly complementary to […] Read more
JinkoSolar supplies 122 MW of Solar Modules to Pattern Energy for Conejo solar project in Chile Updated On Thu, May 26th, 2016 by Saurenergy JinkoSolar has announced that it has supplied 122 MW of solar modules to Pattern Energy Group for its Conejo solar project in Chile. Pattern Development, a US-based independent power producer, will also be the owner of this project. The Conejo project is one of the largest solar power projects in Chile and is expected to […] Read more
Piyush Goyal Releases Report of Technical Committee on Large Scale Integration of Renewable Energy Updated On Mon, Apr 18th, 2016 by Saurenergy Power, Coal and New and Renewable Energy minister Piyush Goyal has released Report of the Technical Committee on Large Scale Integration of Renewable Energy, Need for Balancing, Deviation Settlement Mechanism (DSM) and associated issues. He also launched Ancillary Services Operations in India. Speaking on the occasion, Goyal said that this is going to be a […] Read more
SECI extends cooperation on utility-scale energy storage project, invites tenders to combine Solar & Wind Hybrid Project Updated On Wed, Mar 9th, 2016 by Saurenergy The Solar Energy Corporation of India (SECI) has extended interest on India’s first utility-scale energy storage project. The ambitious project is projected to be combined with a solar and wind hybrid project at Rangreek (Himachal Pradesh). The invited tender is for the design, procurement, construction, commissioning and associated transmission system for 2MW of grid-connected solar […] Read more
MoP Advises REIAs To Co-Locate ESS With Solar Plants In Upcoming Tenders Updated On Wed, Feb 19th, 2025 by Saurenergy The Ministry of Power (MoP) has released an advisory on the co-location of energy storage systems (ESS) with solar plants. Its latest advisory aims to incorporate a minimum of a 2-hour co-located Energy Storage System (ESS) equivalent to 10% of installed solar capacity in future tenders. The notification stated, “This requirement will help mitigate intermittency […] Read more
Q3FY25: 10 Major Takeaways From SJVN Investors Call Updated On Tue, Feb 18th, 2025 by Saurenergy SJVN Limited, an Indian Public Sector Enterprise, which was earlier confined to hydroelectric power has now diversified its energy portfolio. The company is now foraying into several new renewable energy projects ranging from floating solar, vanilla solar and other projects. In its latest investors call, the company talked about its performance, challenges and current pace […] Read more
MoP Sets New Bidding Guidelines for Pumped Storage Projects Updated On Wed, Feb 12th, 2025 by Saurenergy The Ministry of Power (MoP) has introduced a new set of rules to promote the development of Pumped Storage Plants (PSPs). The government’s latest norms aim to provide a standardized procurement framework based on open competitive bidding. They also establish clear risk-sharing mechanisms among various stakeholders. The government’s latest notification applies to developers and procurers […] Read more
Clean Energy Financing: Are We Investing Enough? Updated On Wed, Feb 12th, 2025 by Saurenergy Finance plays a vital role in the global push for renewable energy. Over the past decade, clean energy investments have grown significantly, driving gigawatt-scale renewable capacity additions and supporting related sectors, particularly in Asia, the Middle East, Europe, and North America. However, much more needs to be done for countries to meet their renewable energy […] Read more
