Solar News

Rajasthan Sees Fossil Contribution Shrink For 4 Consecutive Months

New data from global energy think tank Ember reveals that the share of fossil fuels in Rajasthan’s power generation mix has hit record-low levels at 50 percent from April to July this year. It is the first time that the lowest level was sustained for over a quarter of the year.   Fossil fuels generated 34 […]

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India’s Renewable Capacity Addition In Aug ’23 Drops 38%

The Central Electricity Authority (CEA) has now issued the monthly installed capacity report for the month of August 2023. As per the details furnished by the government entity, India added a total of 628 Megawatt (MW) of renewable capacity during the month. It was possible due to the addition of solar power, wind power and biomass/cogeneration capacities.  […]

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Odisha Issues Tender For Solar Pumps Under PM-KUSUM Scheme 

The Odisha Renewable Energy Development Agency (OREDA) has now issued a tender seeking suppliers for off-grid solar pumps under the PM-KUSUM scheme. The state agency has sought vendors to install and commission off-grid solar pumps of 1 Horsepower (HP) to 7.5 HP. The agency has asked vendors to submit hard copies of their bids by […]

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Gensol Acquires Majority Stake In Solar Tracker Firm Scorpius

Gensol Engineering has now announced acquiring a majority stake in Scorpius Trackers, a single-axis solar tracker company. In its latest self-disclosure before the Bombay Stock Exchange (BSE), the company has announced the acquisition of  54.38 percent shares of Scorpius and voting rights in the company. Gensol Engineering Limited is a part of the Gensol group of […]

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Grumblings From European Solar Manufacturers Start Over Falling Prices

At SaurEnergy, even as solar manufacturing has been incentivised, pushed and supported by every means possible, we have regularly highlighted the need to consider the sustainability of it all. Well, the first rumblings have already started, not from the manufacturers who are establishing new capacities, but from already established players in Europe. In an open […]

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REC Limited Funding Push Continues With Deals For Serentica, GreenKo

REC Limited, a Maharatna PSE and the subsidiary firm of Power Finance Corporation is among the key govt.owned NBFCs mandated for enabling national goals. The firm has been very active of late.  REC had hosted the Green Finance Summit in July 2023 on the side lines of G20, where one-on-one discussions with RE developers were […]

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Green RTC Power Possible At Rs 6/unit If Green Hydrogen Is Used For Storage: Singh

Union Minister for New & Renewable Energy RK Singh said that round-the-clock (RTC) renewable energy would cost about Rs 6 per unit if Green Hydrogen is used for storage. He was speaking at the Special Ministerial Session of the Fourth International Conference & Exhibition on Clean Energy in New Delhi today. Singh said that the […]

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SECI Issues Bid For 1260 MW Of ISTS-Connected RE Projects

The Solar Energy Corporation of India (SECI) today issued a tender seeking developers for proposed 1260 Megawatt (MW) of firm and dispatchable renewable power in India. The central authority has planned to develop this project under the Inter-State Transmission Systems (ISTS). The last day to submit the bid is November 10 whereas the hard copy […]

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Shakti Pumps Secures Order for 10,000 Pumps from UP Govt

Shakti Pumps Ltd has secured a letter of award to the tune of INR 293 crore from the Department of Agriculture, Uttar Pradesh. The order is for 10,000 pumps. “Shakti Pumps (India) Limited has received Letter of Award under PM- KUSUM III scheme under component-B from Department of Agriculture, Uttar Pradesh for 10,000 pumps,” Shakti […]

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