MNRE Issues Revised Standards For PM-KUSUM Scheme Updated On Mon, Oct 7th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently updated its standards and specifications for solar photovoltaic (SPV) systems under the PM-KUSUM scheme. The government proposed to update the standards and specifications to include new technology and improve eqiopment used in such projects. The government has sought recommendations from the stakeholders till October 31, 2024. […] Read more
RERC Notifies Draft Green Energy Open Access Regulations 2024 Updated On Wed, Oct 2nd, 2024 by Saurenergy Rajasthan’s Electricity Regulatory Commission (RERC) recently released a draft notification for the Green Energy Open Access (GEOA) regulations for 2024. The commission is inviting suggestions on the draft until October 18th. In this draft, the RERC outlines the criteria for accessing green energy through open access, which will be available upon payment of specific charges. […] Read more
Rajasthan: SGEL Seeks Bids For 2,000 Ac Land For 500 MW Solar Project Updated On Tue, Oct 1st, 2024 by Saurenergy SJVN Green Energy Limited (SGEL), a subsidiary of SJVN, has released a tender seeking bids for the outright purchase or leasing of 2,000 acres of land located in the vicinity of the 765/400/220 kV Bikaner-IV Pooling Station in Rajasthan. With this project, SGEL aims to set up a solar plant of up to 500 MW. […] Read more
Vivriti Capital Gets $25 Mn From ADB For Climate Finance Projects Updated On Tue, Oct 1st, 2024 by Saurenergy The Asian Development Bank (ADB) recently shared its plans to invest $25 million in a certified climate bond issue by Vivriti Capital Limited (VCL). This bond is being certified by the Climate Bonds Initiative to enhance access to climate finance for financially underserved enterprises, including micro, small, and medium-sized enterprises (MSMEs), mid-market corporates, and retail […] Read more
MNRE Amends Offshore Wind Lease Rules To Ease Process Updated On Tue, Oct 1st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently announced an draft amendment to the offshore wind energy lease rules, aimed at regulating the leasing of offshore areas for wind energy projects. The government can now grant leases for up to 35 years, with the possibility of extending them on a case-by-case basis, depending on […] Read more
Green Stocks Sep 30: Shakti Pumps Pumped Up By Bonus Announcement, Stocks Slip Updated On Mon, Sep 30th, 2024 by Saurenergy Even as the broader markets slipped, Green energy stocks followed as well today. Other than Shakti Pumps, powered up by the announcement of a board proposal for a 5:1 bonus issue, and Premier Energies, which continues to enjoy the confidence of punters for a stand-out quarterly performance. Among the rest, EPC firm SWREL suffered, down […] Read more
L&T Division Gets Order For Energy Management Systems In India Updated On Mon, Sep 30th, 2024 by Saurenergy The Digital Energy Solutions (DES) arm of Larsen & Toubro’s Power Transmission and Distribution (PT&D) business has received an order to develop and implement Energy Management Systems across regional and state load dispatch centers in South India. As part of the order, L&T is expected to develop energy management and associated software systems for 12 […] Read more
NHPC, APGENCO Tie Up For 1.8 GW Renewable Energy Projects Updated On Mon, Sep 30th, 2024 by Saurenergy The National Hydroelectric Power Corporation (NHPC) and Andhra Pradesh Power Generation Corporation (APGENCO) recently entered into a Memorandum of Understanding (MoU) to form a Joint Venture Company (JVC). This collaboration aims at the implementation of a total of 1.8 GW renewable energy projects in the state. These projects include, Pumped Storage Hydro Power Projects and […] Read more
REC Raises $500 Mn Through Green Bonds Updated On Mon, Sep 30th, 2024 by Saurenergy REC Limited, a state-owned infrastructure company has raised $500 million through 5-year green bonds as part of its $10 billion Global Medium-Term Program. REC plans to use these funds to finance eligible green energy projects that qualify under its green finance framework. REC a ‘Maharatna’ company under the administrative control of the Ministry of Power, […] Read more
