RK Singh Urges States To Form Steering Committees On Clean Energy Transition Updated On Wed, May 25th, 2022 by Saurenergy Union Power Minister RK Singh has asked all chief ministers, and lieutenant governors of Union Territories to set up state-level steering committees for energy transition to reduce carbon emissions. A statement from power ministry reads, “Singh stressed on the role of the state governments for successful implementation of reduction in emission intensity by 45 percent […] Read more
IEX March’22 Update-Green Trading Contracts, High Avg. Solar Prices Of Rs 5.64/unit Updated On Wed, Apr 6th, 2022 by Saurenergy The Indian Energy Exchange (IEX) achieved 9,605 MU volume in March’22 comprising 8,702 MU in the conventional power market, 392 MU in the Green Power Market and 511 MU (5.11 lac Certificates) in the REC Market registering 16% YoY volume growth across all market segments. The volumes in the Green Power market as well as […] Read more
Supply Chain Issues Likely To Linger All Through 2021 And Beyond For Manufacturers Updated On Mon, Sep 13th, 2021 by Saurenergy The news from inverter manufacturer SMA Solar Technology of a miss on its guidance for 2021 on the back of undersupply of electronic components has not surprised anyone. The news is especially worrying for an industry that has otherwise been remarkably resilient in the wake of disruptions ever since Covid hit in early 2020. SMA’s […] Read more
MNRE Issues Benchmark Costs for Rooftop Solar PV Systems for FY22 Updated On Fri, Aug 20th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a notification with the latest benchmark costs for the installation of new grid-connected rooftop solar PV systems for the present financial year i.e. 2021-22 (FY22). Benchmark costs for FY22 for general category states/UTs are as follows: Benchmark costs for Special Category States/UTs (i.e. North-Eastern States including Sikkim, Himachal […] Read more
CERC Permits SolarArise Subsidiary to get GST Compensation Updated On Sat, Aug 14th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has ruled in favour of Talettutayi Solar Projects One Pvt. Limited (TSPPL), a subsidiary of Gurugram-based SolarArise, directing Solar Energy Corporation of India Limited (SECI) to pay the solar developer compensation for the increased cost of a project, excluding carrying cost, due to the implementation of the GST laws […] Read more
Auto Major Mahindra & Mahindra Sets Up 58 MWp Captive Solar Plant Updated On Thu, Jul 29th, 2021 by Saurenergy Mumbai-headquartered auto major Mahindra & Mahindra Ltd. is adopting a 58 MWp captive solar plant that is expected to generate about 100 million units of power annually beginning 2022. Located in Parbhani district in the Marathwada region of Maharashtra, the solar plant will be built, owned, and operated for a period of 25 years by […] Read more
RUMSL Shajapur Auction- NTPC, Solar Arise Emerge Winners Updated On Tue, Jul 20th, 2021 by Saurenergy The 450 MW RUMSL (Rewa Ultra Mega Solar Limited) solar auction finally culminated with NTPC Renewables (NTPC) and Talettutayi Solar Projects Nine (SolarArise) emerging winners. The solar projects, to be located in the Shajapur Solar Park in Madhya Pradesh had received a strong bidder response earlier, thanks mainly to the strong reputation of RUMSL, and […] Read more
Egypt Gets Sterling & Wilson’s First Data Centre Project Updated On Thu, Jul 8th, 2021 by Saurenergy Sterling and Wilson Pvt Ltd (SWPL), a Shapoorji Pallonji group company and one of India’s leading engineering, procurement, and construction (EPC) company and also the promoters of Sterling and Wilson Solar, today announced that it has successfully delivered its first prefabricated data centre project in Egypt. Project The project was executed for Faisal Islamic Bank […] Read more
Saatvik Green Energy Wins BHEL’s 141.76 MW Solar Modules Order Updated On Wed, Jun 30th, 2021 by Saurenergy Indian module manufacturers, Saatvik Green Energy Pvt. Ltd. has won a 141.76 MW Solar modules tender from Bharat Heavy Electricals Limited (BHEL). BHEL floated the tender for their 100 MWac Gujarat State Electricity Corporation Ltd (GSECL) Raghanesda Ultra Mega solar park in Gujarat. Saatvik Green Energy secured the bid in a reverse bidding auction while […] Read more
