MNRE Issues Clarification On ALMM Implementation Timeline Updated On Tue, May 21st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now come out with a notification to allay apprehensions of solar project developers towards the timeline of the implementation of the ALMM scheme. Through the notification, the MNRE sought to clarify on the applicability of the scheme since the date of submissions of bids for government […] Read more
Sterling and Wilson Renewable’s Shilpa Urhekar Joins Gensol as CEO Updated On Tue, May 21st, 2024 by Saurenergy Shilpa Urhekar, previously, the Country Head (India) at Sterling and Wilson Renewable Energy has joined Gensol Engineering Limited, which specialises in solar power engineering, procurement, and construction (EPC) services, along with electric mobility solutions as its new Chief Executive Officer (CEO) for Solar EPC (India). Ms. Urhekar will succeed Ali Imran Naqvi who has been […] Read more
Tata Motors, Bajaj Finance Tie-up For Boosting EV Financing Updated On Mon, May 20th, 2024 by Saurenergy In a bid to improve options and ease of financing for the dealers, Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM) – subsidiaries of Tata Motors, have joined hands with Bajaj Finance, part of Bajaj Finserv Ltd., one of diversified financial services groups. This partnership extends supply chain finance solutions to its […] Read more
Delayed Solar Project: Gujarat Discom, GETCO Draw GERC’s Ire Updated On Mon, May 20th, 2024 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) in its latest judgement ordered the Gujarat discom-Uttar Gujarat Vij Company Limited (UGVCL) and govt entity Gujarat Energy Transmission Corporation Limited (GETCO) to refund the amount charged to solar generators on account of delays. The case was filed by Arka Energy, Aditya Energy and their clients jointly against UGVCL, […] Read more
NHPC Opens Bids For 200 MW Solar Project In Khavda, Gujarat Updated On Mon, May 20th, 2024 by Saurenergy National Hydroelectric Power Corporation (NHPC) has invited bids for the commissioning of a 200 MW grid-connected solar PV power project in Gujarat State Electricity Corporation Limited (GSECL) renewable energy (RE) solar parks at Khavda, Gujarat (Stage-3) with operation and maintenance for 5 yrs. The NHPC tender was released on 17 May 2024 at 06:30 PM […] Read more
Travancore Cochin Chemicals Issues 22 MW RE Plant Tender Updated On Mon, May 20th, 2024 by Saurenergy Travancore Cochin Chemicals Ltd has issued a tender inviting online bids from competent Power Plant developers for the setting up upto 22 MW of renewable Energy Power Plant to be implemented in a group captive SPV Model through the Kerala Govt. The bids must be submitted by June 19, 2024, at the latest. The day […] Read more
China’s World Beating Solar Manufacturers Struggle To Make Profits As Prices Continue Freefall Updated On Mon, May 20th, 2024 by Saurenergy In a situation that has gone from concern, to worrisome to almost panic level some might say, China’s solar manufacturing juggernaut faces a period of low to no profits thanks to prices that have crashed to unprecedented levels. Taiwan-based Infolink Consulting, which tracks solar supply chain prices in China and beyond, in its latest report […] Read more
Construction Of 2GW Offshore Solar Plant In China Starts Updated On Mon, May 20th, 2024 by Saurenergy China National Nuclear Power (CNNP) has kicked off the construction of the country’s largest offshore solar power plant next to the company’s nuclear power station in eastern Jiangsu province. Called the Tianwan Offshore Photovoltaic Power Station, the 2 GW solar project entails an investment of CNY9.9 billion (USD1.4 billion) and comes with a 400 MWh […] Read more
GST Rate Hike: CERC Orders Compensation To Ayana, Adani & Ostro Updated On Mon, May 20th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in three different cases ordered compensation to three different companies. The central regulator passed the order while hearing the pleas of the three firms related to ‘change of law’ events. These companies included-Ayana Renewable Power One Pvt Ltd, Adani Hybrid Energy Jaisalmer Three Limited and Ostro Kannada Power Pvt […] Read more
