SECI Issues Tender For 1500 MW of Firm and Dispatchable RE Power Updated On Tue, Aug 1st, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has now issued a tender seeking bids from renewable energy developers to add 1500 MW of new firm and dispatchable renewable power. This project has been planned for Inter-State Transmission System (ISTS)-connected renewable projects that could be situated anywhere in India. The central agency has sought this tender in a […] Read more
China Surpasses Coal with 1.32 Billion Kw of Renewable Capacities Updated On Tue, Aug 1st, 2023 by Saurenergy China achieved a significant milestone in its renewable energy sector by the end of June this year. Its installed capacity reached an impressive 1.32 billion kilowatts (Kw), surpassing coal-fired thermal power generation. This record-breaking capacity accounted for 48.8 percent of the country’s total installed power generation capacity. According to data from the National Energy Administration […] Read more
Ready, Set, Go: India’s Solar Manufacturing Ambitions Are Flying Updated On Mon, Jul 31st, 2023 by Saurenergy For India’s solar sector and its many entrepreneurs, all signals are finally green. Or so it would seem. Be it progress on manufacturing plans, including the all important backward integration, exports, and of course, a strong domestic market for their output. Everything has come together for the many firms and entrepreneurs who will hope for […] Read more
First Solar Secures 2.1 GW Order from Matrix for Advanced Thin Film Modules Updated On Fri, Jul 28th, 2023 by Saurenergy First Solar, Inc. and Matrix Renewables have announced a significant collaboration in the renewable energy sector. Matrix, the TPG Rise-backed global renewable energy platform, has entered into a framework agreement to procure approximately 2.1 gigawatts (GWDC) of advanced thin film modules from First Solar. These modules are scheduled to be delivered between 2024 and 2027, […] Read more
Top 5 Takeaways From Global Q2 Renewables Report Updated On Wed, Jul 26th, 2023 by Saurenergy The latest Global Renewable Market Update for Q2 by Edison Energy has shed light on the changing dynamics of the renewable energy market in the United States (US) and European Union (EU). The report discussed the price transition of renewable energy Power Purchase Agreements (PPAs) in these two regions. Following are the five top takeaways […] Read more
Amending Bidding Rules To Expedite RE Capacity Additions: RK Singh Updated On Tue, Jul 25th, 2023 by Saurenergy Union Minister for New and Renewable Energy RK Singh said that the MNRE ministry amended the rules relating to bidding for renewable projects. He also said that some other provisions of the bidding documents are being overhauled to give an impetus to adding more renewables to India’s energy mix. His statement came to the fore […] Read more
As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise Updated On Mon, Jul 24th, 2023 by Saurenergy The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […] Read more
Philippines Grants 1.97 GW Solar Capacity in Second Green Energy Auction Round Updated On Wed, Jul 19th, 2023 by Saurenergy The Philippines Department of Energy (DOE) has shared a list of bidders who have won the Second Green Energy Auction Round (GEA-2). The Green Energy Auction Bids Evaluation and Awards Committee has awarded capacity worth 1,870.8 MW for ground-mounted projects and another 90 MW of capacity for floating solar power. 10 MW of capacity has […] Read more
MAHAPREIT Issues Tender for 100 MW Distributed Solar Park Updated On Wed, Jul 19th, 2023 by Saurenergy Mahatma Phule Renewable Energy And Infrastructure Technology Limited (MAHAPREIT) has invited bids to obtain offers from solar power developers for design, engineering, supply, erection, testing, and commissioning of distributed solar project (2 MW to 10 MW capacity). The tender is for the solar park project in Maharashtra with a cumulative capacity of 100 MW on […] Read more
