CERC Declines to Stop SECI From Encashing Bank Guarantees of Inox Green Energy Updated On Fri, Jul 1st, 2022 by Saurenergy In an order dated June 29th that was published yesterday, the Central Electricity Regulatory Commission (CERC) declined to prevent the Solar Energy Corporation of India (SECI) from encashing bank guarantees submitted by Inox Green Energy and its various subsidiaries. The Case Details The case involved Inox Green Energy Services setting up 250 MW Wind Power […] Read more
Manipur Health Centers Solarized for Uninterrupted Power Supply Updated On Tue, Jun 28th, 2022 by Saurenergy Marking the developmental application of solar power, the Manipur Government is on a spree to solarize the health facilities of the state. Chief Minister N Biren Singh had inaugurated Solar Power Systems installed in the state health facilities in Chandel, Churachandpur and Tamenglong. The solar power systems being developed in 65 health centers have been […] Read more
Gautam Solar Strengthens Distribution For Faster Response Updated On Mon, Jun 27th, 2022 by Saurenergy In its endeavor to make solar modules easily available to consumers and solar system integrators, Gautam Solar has set up a new warehouse at Greater Noida, in the National Capital Region. With the new expansion, Gautam Solar will be providing the entire national capital with solar panels in the least turnaround time. The solar panels […] Read more
GE Finance takes 49% Stake In Continuum Wind Energy Project In Gujarat Updated On Thu, Jun 16th, 2022 by Saurenergy General Electric has declared that it has acquired a 49% stake in the Morjar wind energy project in Gujarat. The official statement says that GE Energy Financial Services and Continuum Green Energy (India) closed the financial deal of GE Energy Financial Services’ acquisition in the Continuum’s developed wind project. Morjar is an onshore wind energy […] Read more
Gujarat, Goa and Chandigarh Top Climate Performers: NITI Aayog Updated On Fri, Jun 10th, 2022 by Saurenergy NITI Aayog has recently released a report called the State Energy and Climate Index (SECI) declaring Gujarat, Goa and Chandigarh as top performing states in the category of larger states, smaller states and UTs respectively on the basis of the performance by the states during 2019-20 across several parameters and measures for mitigating climate change. […] Read more
IEX Power Market Update for May – 80% Growth For Green Market Updated On Tue, Jun 7th, 2022 by Saurenergy In its May 2022 update, India’s premier energy exchange IEX (Indian Energy Exchange) informs that it 7596 MU of electricity volume in May’22 comprising 6680 MU in the conventional power market, 642 MU in the green power market, and 275 MU (2.75 lac Certificates) in the REC Market, registering 16% YoY growth across all the […] Read more
SJVN To Invest Rs 1,000 crore in Three UP Solar Projects Updated On Mon, Jun 6th, 2022 by Saurenergy Government owned power producer Satluj Jal Vidyut Nigam (SJVN) has declared that it will invest more than Rs 1,000 crore for the development of three renewable energy projects in Uttar Pradesh. This follows its efforts in other laggard states, including Odisha, Bihar in terms of supporting solar growth there. Nand Lal Sharma, Chairman and Managing […] Read more
Rural Renewables Focused OMC Power Raises Funding From Japan’s Chubu Electric Updated On Thu, Jun 2nd, 2022 by Saurenergy Indian rural renewable energy service firm, OMC Power has announced getting financial backing for their planned expansion of green energy production, storage, and distribution portfolio in rural India. Chubu Electric Power Co., Inc., which is the 3rd Largest Power Generation Firm in Japan, has made this investment through a Share Subscription Agreement with OMC Power. Chubu […] Read more
Power Min Proposal For Phasedown of Thermal To Allow for 30 GW of Renewables Could face States Roadblock Updated On Tue, May 31st, 2022 by Saurenergy In its latest initiative to support renewables growth and allow for an orderly exit from thermal power, India’s power ministry has proposed a phasedown of 58,000 million units of thermal generation across 81 thermal power stations spread across the central, state and private sectors. The idea is to allow such a phased reduction to allow […] Read more
