IEX Power Market Update for November 2023 Updated On Tue, Dec 5th, 2023 by Saurenergy Indian Energy Exchange (IEX), India’s largest power trading exchange, had a strong November, achieving 9,136 MU overall volume, including 7.55 Lac Renewable Energy Certificates (RECs) (equivalent to 755 MU), marking a 17.5% increase on YoY basis. IEX achieved 8,371 MU total electricity volume in November 2023, registering an increase of 13% on YoY basis. However, […] Read more
Solar Capital Cost 11 Times Higher In Developing Countries: IEA Report Updated On Mon, Dec 4th, 2023 by Saurenergy A recent report by the International Energy Agency (IEA) finds that the cost of capital, required to make investment in solar energy in developing economies to be high. The report attributed this to the challenges such as, cost of capital in developing economies, less developed capital markets, fewer projects, and a lack of transparency around […] Read more
Tata Power Acquires Bikaner-III Neemrana-II Transmission Renewable Energy Project Updated On Mon, Dec 4th, 2023 by Saurenergy Tata Power Co Ltd has won a bid for the acquisition of the Bikaner-III Neemrana-II Transmission renewable energy project valued at about INR 1,544 crore. The renewable energy project is of a special purpose vehicle (SPV) established by PFC Consulting Limited, an arm of Power Finance Corporation. The transmission project is be undertaken on a […] Read more
SGEL Looks to Buy Land for 200 MW Solar Project Updated On Mon, Dec 4th, 2023 by Saurenergy SJVN Green Energy Limited (SGEL), a subsidiary of SJVN, has issued a tender to buy or lease 1,000 acres of land in Punjab for the construction of a 200 MW solar power project. This is for a period of 28 years. The last date to submit bids for the tender for land for the 200 […] Read more
European New Trade Defense Measure To Impact Solar Jobs: Report Updated On Fri, Dec 1st, 2023 by Saurenergy Solar Power Europe recently released a joint statement and warned that 433 European solar companies and associations may undertake trade measures. They add that, these measures could negatively affect solar jobs in EU, and cause detriment to EU’s green energy transition, which is currently at a critical moment in time. The report mentions that the […] Read more
TOPCOn Makes Inroads In India’s Solar Manufacturing Sector Updated On Fri, Dec 1st, 2023 by Saurenergy Around 2019, mono-PERC (Passivated Emitter Rear Contact) was well on its way to dominate the solar market in India, in a market that was ruled by polycrystalline modules until then. Researchers and developers had already estimated its dominance five years ago in 2014, but it took a wholesale shift to mono-PERC by leading Chinese manufacturers […] Read more
Bihar State Power Generation Company Ltd to Procure Power for 10 MW Floating PV Updated On Fri, Dec 1st, 2023 by Saurenergy Bihar State Power Generation Company Ltd (BSPGCL) has issued a tender for the procurement of power through tariff-based competitive bidding from grid-connected 10 MW (AC) floating solar PV power project to be set up under RESCO mode over the Reservoir of Phulwaria Dam at Rajauli, Nawada in the state of Bihar. The Earnest Money Deposit […] Read more
SECI Seeks Wind Power Developers for 1350 MW Wind Power Projects Updated On Fri, Dec 1st, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has floated a tender seeking Wind Power Developers for setting up of 1350 MW ISTS-connected wind power projects in India under tariff-based Competitive Bidding (SECI-Tranche-XVI). The last date to submit the bid in soft copy format is January 10, 2024. The last date to submit the bid in […] Read more
India’s Renewable Energy Generation Dips With Slump In Wind Power Updated On Fri, Dec 1st, 2023 by Saurenergy A comparison of monthly renewable energy generation data released by the Central Electricity Authority (CEA) claimed that India’s monthly renewable generation (including hydro) dipped in October this year. As per the latest available report of the CEA, India’s total renewable energy generation stood at 17.9 percent. During the month, the country generated a total of […] Read more
