EESL Opens Bids For 1 GW of DCR-Compliant Solar Modules Updated On Wed, Oct 23rd, 2024 by Saurenergy Energy Efficiency Services Limited (EESL) , an energy saving company, in its latest tender sought bids for 1 GW solar module from bidders which have a rate contract for supply of ~1,000 MWp domestic content requirement (DCR) compliant crystalline 540 Wp and above Solar PV Modules across India. This is a rate contract for 6 […] Read more
Surged Financial Backing Spurring the Indian RE Growth: Report Updated On Wed, Oct 23rd, 2024 by Saurenergy As the country pushes toward achieving 500 GW of non-fossil fuel energy by 2030, renewable energy now comprises 43.5% of India’s total power capacity, signaling exponential growth for the industry, a latest report from Rubix Data Sciences said. The report offers key insights into the key drivers, emerging trends, and challenges shaping the renewable energy […] Read more
Avaana Capital Raises Largest Climate-tech VC Fund Of $135mn Updated On Wed, Oct 23rd, 2024 by Saurenergy Indian climate-focused venture capital company Avaana Capital has announced the final close of its Avaana Climate and Sustainability Fund with a total fund size of USD 135 million. The firm said that being India’s largest institutional climate focused venture capital fund, the Avaana Climate and Sustainability Fund is working to invest in early-stage companies that […] Read more
After Floating Solar, Bihar Issues Tender For ‘Pond Solar Systems’ Updated On Wed, Oct 23rd, 2024 by Saurenergy After successfully installing floating solar systems on several water bodies, the Bihar government has now set its sights on deploying solar projects on private ponds. The Bihar State Power Generation Company Limited (BSPGCL) plans to add approximately 20 MW of new solar capacity through pond-based solar systems and has recently issued a tender to this […] Read more
Rajasthan’s New ‘RIPS’ Scheme Aims To Expedite RE Investments Updated On Wed, Oct 23rd, 2024 by Saurenergy In a pursuit to expand its renewable energy capacity, the Rajasthan government, released its Rajasthan Investment Promotion Scheme (RIPS). It intends to capitalize on an average of 300 to 325 sunny days each year with 24.22 GW solar energy and 5.19 GW wind energy. This scheme envisions to build on the state’s strengths in renewable […] Read more
Is India Ready To Welcome Its Largest Ever Wind Turbines? Updated On Wed, Oct 23rd, 2024 by Saurenergy Dongfang Electric Corporation, a Chinese wind turbine manufacturer, made waves in the global wind market this month by launching the world’s largest wind turbine, with a capacity of 26 MW. This massive turbine was specifically designed for a wind project near Fujian in China. Chinese manufacturers are widely recognized for producing some of the largest […] Read more
NVVN’s 500MWh Storage Tender Breaks New Ground With Record Low Tariffs Updated On Wed, Oct 23rd, 2024 by Saurenergy NTPC Vidyut Vyapar Nigam’s (NVVN) first standalone energy storage tender has broken new ground with record low tariffs. While the bids come with viability gap funding, even after accounting for that, the winning bids are lower than the lowest seen so far at Rs 3.41/unit by SECI. The tender with a total capacity 500 MW/ […] Read more
Govt Calls For Proposal To Develop EV Charging Sub-systems Updated On Tue, Oct 22nd, 2024 by Saurenergy The government recently announced a Joint Call for Proposals to develop Electric Vehicle (EV) Sub-systems. At a ceremony held at Electronics Niketan, the Ministry of Electronics and Information Technology (MeitY), in collaboration with the Ministry of Heavy Industries (MHI), launched the initiative. At the event, while announcing the Joint Call for Proposals, S. Krishnan, Secretary, […] Read more
Green Stocks Oct 22: It’s All Red For Green Stocks As Correction Continues Updated On Tue, Oct 22nd, 2024 by Saurenergy On a day when the broader market witnessed weakness right from the opening bell, our green pack did no better, failing to overcome the weakness in demand from investors. EPC players were the worst hit, with both Waaree RTL and SWREL logging approximately a 5% loss, even as Shakti Pumps and KPI Green struggled equally […] Read more
