Masdar to Add 2 GW Solar & Wind, 500 MWh Storage in Uzbekistan Updated On Sun, May 21st, 2023 by Saurenergy UAE’s flagship clean energy firm Masdar has inked a joint development agreement (JDA) with Uzbekistan’s Ministry of Energy (MoE) and the Ministry of Investments, Industry and Trade (MIIT) under which it will additionally develop more than 2-GW of solar and wind projects along with 500 MWh of battery energy storage in the country. The projects […] Read more
Navitas Solar Eyes Expansion Through Partnership with Redington Solar Updated On Sat, May 20th, 2023 by Saurenergy Navitas Solar, a module manufacturing firm with a capacity of 500 MW p.a., has partnered with Redington Limited (NSE: REDINGTON), a technology solutions provider, for the distribution of solar products across India. The partnership between the two firms will help accelerate the adoption of solar power by businesses and retail segments across the country. Navitas […] Read more
NTPC Reports Highest Ever Annual Generation, 32% Surge In Income In FY23 Updated On Fri, May 19th, 2023 by Saurenergy The National Thermal Power Corporation of India (NTPC) today announced its Q4 and FY23 Financial Results. The leading power generator of the country claimed that during FY23, it reported the highest-ever annual generation of 399 Billion Units (BU) compared to 361 BU in FY22, registering a growth of around 11 percent. The audited results of […] Read more
J&K Offers Mega Subsidies On Solar Panels, Solar Pumps Updated On Fri, May 19th, 2023 by Saurenergy Jammu and Kashmir Chief Secretary Arun Kumar Mehta, in his latest announcement, said that the power consumers wishing to install rooftop solar in the state would get a 65 percent subsidy from the government. In comparison, those opting for solar-powered pumps would get up to 80 percent subsidy. With the latest move, the deployment of […] Read more
RUMSL Solicits Bids for Allotment of Pumped Hydro Storage Sites in MP Updated On Fri, May 19th, 2023 by Saurenergy Rewa Ultra Mega Solar Ltd (RUMSL) has issued an RFP for allotment of pumped hydro storage sites in Madhya Pradesh. The total cost of the bidding document is INR 295000. The technical Bid is required to be submitted in online form by July 4, 2023. The financial bid is also to be submitted by the […] Read more
Bangladesh Opens Up Small, But Profitable Opportunity Next Door For Indian Developers Updated On Fri, May 19th, 2023 by Saurenergy Of late, Bangladesh, powered mostly by thermal power and blessed with an unfavourable location for hydropower, has made a serious effort to ramp up its renewable capacity. The country, which has a deficit of power supply that forces it to import from India, hopes that by 2041, 40 per cent of its total power requirements […] Read more
UP Has The Highest Potential For Livelihoods With DRE: CEEW Study Updated On Fri, May 19th, 2023 by Saurenergy A latest report by the Council of Energy, Environment and Water (CEEW) claimed that Uttar Pradesh has the greatest impact opportunity in livelihood by deploying Distributed Renewable Energy (DRE) solutions. The report was recently released by the Minister of New and Renewable Energy RK Singh in a national event in New Delhi recently. Following Uttar […] Read more
Govt to Offer Subsidies to Build Ships that Employ Offshore Wind Projects Updated On Fri, May 19th, 2023 by Saurenergy The Indian government will now extend subsidies to build ships establishing offshore wind projects. It is a part of the shipbuilding subsidy scheme, which the government revised to include the manufacture of these vessels. The move comes even as the government finally announced a (draft) offshore wind policy and hopes to install the first projects […] Read more
Oriana Power Commissions 2.7 MW Solar Rooftop Project in Haryana Updated On Fri, May 19th, 2023 by Saurenergy Solar energy solution provider, Oriana Power, has commissioned a 2.7 MWp single rooftop solar power plant. The solar project has been established at the Indian Oil Corporation Ltd (IOCL) in Panipat, Haryana. The said project is among the largest rooftop solar projects in the state. The rooftop solar plant was set up for Synthetic Rubber […] Read more