SECI Seeks Proposal To Finance 300 MW Solar Project In Andhra Updated On Thu, Dec 5th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now sought proposals from banks and financial institutions. The government entity plans to use this financing to fund its upcoming 300 MW solar project at Ramagiri in Andhra Pradesh. The Central Public Sector Enterprise (CPSE) has planned to procure a Rs 1000 crore term loan for this. […] Read more
5 Reasons Why Lower Renewable Energy Prices Are Unlikely To Lead to Lower Electricity Bills Updated On Thu, Dec 5th, 2024 by Saurenergy For the lay reader, it has been a mystery how despite headline news of renewable bids being awarded at figures like Rs 2.50/kW to Rs 3.00, their final power bill seems to be on an inexorable climb upwards. This is despite the fact the RE power itself was priced at a huge premium as recently […] Read more
Mufin Green Finance Targets ₹500 Crore To Fund Solar Projects Updated On Wed, Dec 4th, 2024 by Saurenergy Mufin Green Finance, a climate finance solutions provider announced its entry into the solar financing sector. The firm said that it recently undertook the successful closure of its first solar financing transaction. The transaction amounted to ₹3.25 crore. This move marks the company’s expansion beyond electric vehicle (EV) financing. With the rise of need and […] Read more
GUEST COLUMN: Understanding Ground-Mount Solar Systems Updated On Tue, Dec 3rd, 2024 by Saurenergy By-Shreyas Gowda A ground-mount project is a solar system installed on land rather than a rooftop, such as a concrete floor or a metal sheet. It comprises an array of photovoltaic modules supported by a module mounting structure (MMS). The panels convert sunlight into direct current (DC), the current is transferred to the inverter through […] Read more
[VIDEO]: How Solar Boom Can Lead To Power Blackout In Pakistan? Updated On Tue, Dec 3rd, 2024 by Saurenergy In January 2023, Pakistan experienced a nationwide power outage that left over 200 million people without power for almost a day. By 2024, the ‘energy crisis’ hit Pakistan, and is now the world’s sixth-largest solar market. So, what’s behind Pakistan’s solar boom? Is it really wide adoption of solar or expensive power bills? A recent […] Read more
GAIL Issues Tender To Build Rooftop Solar Project In Bangalore Updated On Tue, Dec 3rd, 2024 by Saurenergy GAIL, a natural gas company, recently released a tender to design a solar-integrated rooftop system (SITC) and an on-grid rooftop solar project with a net-metering system in Bangalore. The bidder would undertake net metering for the project in the preceding seven years from the bid due date. The last date for bid submission is 16th […] Read more
Jharkhand: DVC Opens Bid To Build 234 MW Floating Solar Project Updated On Tue, Dec 3rd, 2024 by Saurenergy Damodar Valley Corporation (DVC) recently released a tender to build a 234 MW grid-tied floating solar PV (FSPV) plant. This project is located on DVC’s Maithon Dam Reservoir at Maithon Jharkhand. The project included a 10-year comprehensive Operations and Maintenance (O&M). The last date for bid submission is 7th January 2025. The DVC tender said […] Read more
Equinix, Sembcorp Sign PPA To Develop 58.5 MWp Solar Project Updated On Tue, Dec 3rd, 2024 by Saurenergy Equinix, Inc., a digital infrastructure company, today signed its second renewable energy Power Purchase Agreement (PPA) with Sembcorp Power Pte. This project in Singapore with Sembcorp’s subsidiary is the second PPA. This collaboration provides Equinix solar project 58.5 MWp maximum capacity from JTC’s properties on Jurong Island. The project will start in 2029. This accounts […] Read more
TPREL Commissions 431 MW Solar Project At Neemuch In MP Updated On Tue, Dec 3rd, 2024 by Saurenergy Indian renewable energy company Tata Power Renewable Energy Limited (TPREL) today announced the commissioning of a 431 MW DC solar project at Neemuch in Madhya Pradesh. The solar project is spread across 1,635.63 acres of land. TPREL said this is India’s first solar project site to incorporate a combination of single-axis trackers and bi-facial modules. […] Read more
