SECI Issues Bids For 4 GW Offshore Wind Projects Near Tamil Nadu Updated On Fri, Feb 2nd, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has invited bids for the development of offshore wind energy of a total capacity of 4 GW. The bids invited are for four blocks of 1 GW each on an open access basis, for the development of offshore wind power projects off the coast of Tamil Nadu, through […] Read more
BUDGET: FM Announces Support For RTS, Offshore Wind and EV Manufacturing Updated On Thu, Feb 1st, 2024 by Saurenergy Union Finance Minister Nirmala Sitharaman announced the Union Budget 2024 today. Speaking in Lok Sabha, the finance minister discussed the recently announced Pradhan Mantri (PM) Suryodaya Scheme. On January 22, PM Narendra Modi announced the connection of one crore households with rooftop solar. In her budget speech, the finance minister talked about the savings of […] Read more
BUDGET: Solar Industry Wants Funds For RTS, Lower GST On Equipment Updated On Thu, Feb 1st, 2024 by Saurenergy As Union Finance Minister Nirmala Sitharaman is all set to announce the Union Budget today in Lok Sabha, the solar industry is anticipating several announcements for the sector. Several industry experts anticipate announcements that could support the industry. However, most of the solar industry experts who spoke on the issue talked about reduced taxes for […] Read more
India Awards More Than 8GW Of Energy Storage Tenders: IEEFA Report Updated On Thu, Dec 21st, 2023 by Saurenergy Indian policymakers have recognised the importance of energy storage systems (ESS) to the country’s evolving power landscape and have already awarded more than 8 gigawatts (GW) of such tenders, allocating 60% of these in 2023 alone, according to a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research […] Read more
India Joins Battery Storage Consortium To Boost BESS Deployment Updated On Mon, Dec 4th, 2023 by Saurenergy India has now joined the Battery Energy Storage Systems (BESS) Consortium, at the ongoing Conference of Parties (COP28) Summit at Dubai. The consortium is an initiative of the Global Leadership Council (GLC) of the Global Energy Alliance for People and Planet (GEAPP). Through the BESS Consortium, India is among the first-mover countries as a part […] Read more
Winning Bid In 1.5 GW SJVN Tender with Storage At INR 4.38 per Kwh Updated On Wed, Nov 8th, 2023 by Saurenergy In the 1500 MW SJVN solar tender for ISTS connected renewable energy project that comes with storage pan India, Juniper Green Energy, Tata Power Renewable Energy, ACME Cleantech Solutions, Solarcraft Power India, Hero Solar Energy, TEQ Green Power XVI, ReNew Solar Power have emerged as winners. SJVN is a public sector undertaking. ACME bagged the […] Read more
UPCL to Procure 200 MW Solar Energy from SJVN Green Energy Ltd Updated On Wed, Nov 8th, 2023 by Saurenergy SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN in Rajasthan under CPSU Scheme, has been awarded a Letter of Intent towards the procurement of 200 MW of solar power from Uttarakhand Power Corporation Limited (UPCL). The purchase will be made at a tariff of INR 2.57 per unit from the Bikaner Solar […] Read more
India & US Shore Up Partnership to Anchor $500 Mn RE Infrastructure Investment Fund Updated On Mon, Sep 11th, 2023 by Saurenergy A joint investment fund of up to $1 billion to aid India’s initiatives aimed at the adoption of green technology has got the nod from US President Joe Biden and Narendra Modi. In an initiative that will strengthen India-US bilateral relationship in the renewable energy space, India’s National Investment and Infrastructure Fund and the US […] Read more
Cabinet Approves Rs 3,760cr For VGF Scheme On Battery Storage Updated On Wed, Sep 6th, 2023 by Saurenergy Union Minister Anurag Thakur said that the Union Cabinet today approved a special scheme of Viability Gap Funding (VGF) for the battery energy storage system manufacturers in India. After the Cabinet meeting, he briefed the media on the issue today in New Delhi. Prime Minister Narendra Modi chaired the meeting. The announcement came days before […] Read more
