Avaada Slips Up As CERC Upholds Cancellation Of Connectivity in MP Wind Projects Updated On Thu, Apr 3rd, 2025 by Saurenergy The Central Electricity Regulatory Commission (CERC), in an order dated March 30 involving Avaada Energy and Central Transmission utility (CTUIL), passed an order that censures both the parties involved. For Avaada, the blow is heavier because the CERC eventually upheld the decision of the CTUIL to cancel the connectivity license accorded to Avaada for its […] Read more
ACME Solar Secures ₹2,491 Cr Refinancing for 490 MW RE Projects Updated On Thu, Apr 3rd, 2025 by Saurenergy ACME Solar Holdings, a unit of the diversified ACME Group, has secured a Rs 2,491 crore long-term project finance facility for 18-20 years. The refinancing will help the company restructure its existing debt and lower financing costs for its 490 MW operational renewable energy projects across Andhra Pradesh, Rajasthan, and Punjab. The refinancing, secured from […] Read more
SPML Infra In Tie-Up With Energy Vault To Make, Deploy Batteries In India Updated On Wed, Apr 2nd, 2025 by Saurenergy New Delhi based SPML Infra Limited has signed a licensing and royalty agreement with leading storage solutions firm Energy Vault. For SPML Infra, with its hitherto specific focus on India’s water and energy infrastructure, the tie-up marks a significant push into the energy infrastructure space, where it has had a small but significant presence until […] Read more
Green Stocks April 2: Stocks Sway To Analyst Views Updated On Wed, Apr 2nd, 2025 by Saurenergy The markets stood up to the threat of US tariffs today, as the details of potential impact will slip in through the evening. However, some of our green stocks, notably two key solar manufacturing firms in the form of Waaree Energies and Premier Energies were tripped up by a report from Bernstein, which predicted margin […] Read more
CEA Clarifies On New Energy Storage Rule Updated On Wed, Apr 2nd, 2025 by Saurenergy The Ministry of Power (MoP) has amended its provisions to clarify that ongoing government schemes, such as the PM Surya Ghar Muft Bijli Yojana, will continue under their existing rules without new energy storage mandates. It further specified that the energy storage system (ESS) co-location requirement applies only to future solar tenders and not to […] Read more
Debmalya Sen takes Over As President, IESA Updated On Wed, Apr 2nd, 2025 by Saurenergy The India Energy Storage Alliance (IESA), a leading industry alliance focused on accelerating energy storage, green hydrogen, and e-mobility adoption in India has announced the appointment of Debmalya Sen as its new President. He will resume the charge immediately. Founded in 2012, by Customized Energy Solutions (CES), IESA’s vision is to make India a global […] Read more
SECI Invites Bids For Rooftop Solar RESCO Project For Universities Updated On Wed, Apr 2nd, 2025 by Saurenergy SECI is set to power central universities with its 4.5 MW grid-connected rooftop solar projects under the RESCO mode. It has sought bids until May 2, 2025. In its tender, SECI clarified that the Solar Power Developer (SPD) would be required to set up a grid-connected rooftop solar PV (RTSPV) project, with the primary objective […] Read more
Swaraj Tractors, Mahindra To Build Punjab’s Largest Solar Captive Project Updated On Wed, Apr 2nd, 2025 by Saurenergy Swaraj Tractors, a division of Mahindra Group, has partnered with Mahindra Susten, the Group’s clean-tech arm, to develop Punjab’s largest solar group captive project—a 26-megawatt (MW) solar installation in Bathinda district. The project, developed by Mahindra Susten, will supply renewable energy to four Swaraj Tractors manufacturing facilities in Mohali and Dera Bassi. It is expected […] Read more
SJVN Green’s 1 GW Bikaner Project Starts With First 241 MW Start Updated On Wed, Apr 2nd, 2025 by Saurenergy SJVN Green Energy Limited (SGEL) has completed the trial run of a 241.77 MW capacity solar project in Bikaner, Rajasthan. The company stated in a regulatory filing that this constitutes Phase I of the 1,000 MW Bikaner Solar Power Project, completed on March 31, 2025. The capacity is currently operational and is set to achieve […] Read more
