MERC Approves ₹2.19 Lakh/MW Tariff for MSEDCL’s BESS Project Updated On Thu, Mar 27th, 2025 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has approved the development of the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) 1.5 GWh Battery Energy Storage System (BESS) project. MERC approved a tariff of ₹2,19,001/MW/Month for 12 years in response to Maharashtra State Electricity Distribution Co. Ltd’s (MSEDCL) petition for procuring 250 MW/500 MWh (base capacity) and […] Read more
Ayana Renewable To Raise Rs 150 Cr From IL&FS Mutual Fund Updated On Tue, Mar 18th, 2025 by Saurenergy Renewable energy company, Ayana Renewable is set to raise Rs 150 crore (approximately $17.4 million) in debt from IL&FS Mutual Fund. This funding comes just a month after the company signed a share purchase agreement with the ONGC-NTPC Joint Venture. The board at Ayana Renewable has passed a special resolution to issue 1,500 non-convertible debentures […] Read more
Tamil Nadu Issues 500 MW/1000MWH BESS Tender With VGF Updated On Mon, Mar 17th, 2025 by Saurenergy Tamil Nadu Generation and Distribution Corporation Limited (TNEGCL) has issued a tender for the development of 500 MW/1000 MWh battery energy storage projects under the Build-Own-Operate (BOO) model. The tender includes six standalone Battery Energy Storage Systems (BESS) of 1000 MWh (500 MW x 2 hours) to facilitate “on-demand” energy storage through tariff-based competitive bidding […] Read more
News In Brief March 13: JSW Neo Energy, REC-Kerala MoU, Magenta’s NorMinc Updated On Thu, Mar 13th, 2025 by Saurenergy JSW Neo Energy Acquires Virya Infrapower Signs Agreement JSW Neo Energy Limited (JSWNEL), a subsidiary of JSW Energy, has entered into a Share Purchase Agreement with Virya Infrapower. Under the agreement, JSW Neo Energy would acquire 100% shares of Virya Infrapower Private Limited, i.e., the target company. Consequently, Virya Infrapower Private Limited has become […] Read more
Fraunhofer ISE Flags ‘Overstatement’ Of Output Claims By Module Manufacturers Updated On Thu, Mar 13th, 2025 by Saurenergy A research team from the Fraunhofer Institute for Solar Energy Systems ISE has evaluated over 70,000 power measurements on photovoltaic modules that have been carried out in the institute’s calibration laboratory, CalLab PV Modules, since 2012. In the process, the researchers found that since around 2017, the negative discrepancy between the performance data of the […] Read more
MHI Invites Bids For 100 MW SJVN Solar Project Survey, Planning in Rajasthan Updated On Mon, Mar 10th, 2025 by Saurenergy The Ministry of Heavy Industries (MHI) has issued a tender to engage an agency to undertake a topographical survey, soil investigation, preparation and submission of detailed progress reports, and initial layout submissions for the EPC package. This tender invites to develop a 100 MW solar project at Nawa, Rajasthan, for SJVNL Green Energy Limited. It’s […] Read more
Adapture Secures $321Mn Debt Facility For 441 MW Solar Project In US Updated On Thu, Mar 6th, 2025 by Saurenergy Adapture Renewables, Inc., a utility-scale solar and energy storage project developer, owner, and operator, has secured $321 million in financing from Mistubishi UFJ Financial Group (MUFG). This financing would support the construction of its largest project. Adapture Renewables’ Titanium portfolio (Titanium), is a 441 MW solar project spanning three sites across Arkansas and Illinois. The […] Read more
News Briefs Feb 28: Sungrow In Sweden, Australia’s $25 M For Solar In Apts, Meta’s 396 MW Deal Updated On Fri, Feb 28th, 2025 by Saurenergy Sungrow Powers One Of The First Hybrid Solar Parks In Halmstad Sungrow was a key part of the commissioning of Sweden’s first hybrid solar parks, which have been successfully deployed in Halmstad. Sungrow is providing the inverters and the Energy Storage System (ESS). Developed by Solarwork Sverige and Powerworks Energy, the hybrid solar park is […] Read more
JSW Energy Wins 125 MW/500 MWh BESS Tender From SECI At ₹441,000/MW/Month Updated On Thu, Feb 27th, 2025 by Saurenergy JSW Energy has recently secured a 125 MW/500 MWh standalone battery energy storage system (BESS) tender from the Solar Energy Corporation of India (SECI). JSW won the tender at ₹441,000/MW/month. SECI floated this tender in December 2024 and declared it within two months. As per the tender, SECI, after receiving interest from the Kerala State […] Read more
