PM-KUSUM (Comp A): Centre Allocates 5 GW Capacity To Rajasthan Updated On Fri, Jan 10th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now ordered allocating an additional 5,000 MW capacity to Rajasthan under the PM Kusum (Component A) Scheme. Union Minister for New and Renewable Energy Prahlad Joshi allocated the additional quota to the state after receiving a representation from Rajasthan Chief Minister Bhajan Lal Sharma and a […] Read more
IREDA Q3 Results- PAT Up 26.7% on 25% Rise In Disbursements Updated On Fri, Jan 10th, 2025 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has announced its financial results for the third quarter of FY 2024-25, showcasing significant growth across key financial metrics. As the nation’s largest pure-play Green Financing NBFC, IREDA has been focusing on publishing its Quarterly Audited Financial Results quickly, in this case within just 9-days. Key Highlights of […] Read more
Gridlock Ahead? Transformer Shortage and the Renewable Energy Challenge Updated On Thu, Jan 9th, 2025 by Saurenergy Transformers play a vital role in energy distribution systems by converting high-voltage electricity from transmission lines into low-voltage electricity for consumer use. Thus any supply disruptions in the supply of this essential component, coupled with resultant rising prices in the global transformer market, can significantly affecting utilities. Over the past three years, this situation has […] Read more
ib vogt Sells 780 MWp Greek Renewables Portfolio To Faria Renewables Updated On Thu, Jan 9th, 2025 by Saurenergy International renewable energy development platform ib vogt has entered into an agreement with Faria Renewables, a Greek renewables IPP. Under this agreement, ib vogt would sell its Greek project portfolio to Faria Renewables, a developer backed by Omnes Capital’s Capenergie 5 fund and the Faria Group. The portfolio comprised around 780 MWp of solar PV […] Read more
1 GW Module Order For Saatvik Green Valued At Rs 1500 Cr. Updated On Thu, Jan 9th, 2025 by Saurenergy Saatvik Green Energy Limited announces its historic win of a 1 GW solar PV module supply contract from a leading energy producer. The deal, valued at over ₹1,500 crore, represents a significant milestone in the company’s expansion. Saatvik, as per customized specifications, will supply advanced technology N-TOPCon solar PV modules & commence the entire delivery […] Read more
Karnataka HC Orders Puts Green Energy Open Access In Limbo Updated On Thu, Jan 9th, 2025 by Saurenergy A recent order from the Karnataka High Court has created ripples in the state’s renewable energy market. The court struck down the Central government regulations on Green Energy Open Access and the state regulations floated by the Karnataka Electricity Regulatory Commission (KERC). However, it directed the KERC to frame appropriate regulations for granting open access […] Read more
CY 2024: India Adds Record 28.5 GW Of Renewable Energy Capacity Updated On Wed, Jan 8th, 2025 by Saurenergy India added a total of 28.59 GW of new renewable energy capacity in the calendar year 2024, according to the Ministry of New and Renewable Energy (MNRE). The ministry’s latest report provides a detailed breakdown of fuel-wise capacity additions up to December 2024, revealing that solar power played a dominant role in driving this growth. […] Read more
Teerth Gopicon, Reliance Win SJVN’s 5.8 MW Rooftop Solar Bid Updated On Wed, Jan 8th, 2025 by Saurenergy SJVN has declared Teerth Gopicon and Reliance Industries as the winners of its 5,830 kW grid-connected solar project tender. The tender was floated under the PM Surya Ghar scheme. The tender for this project was released in September, and the results were declared within four months. According to the tender results, Teerth Gopicon secured 5,705 […] Read more
CERC Grants Relief To Wind Energy Firm Against GST Rate Hike Updated On Tue, Jan 7th, 2025 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest order granted partial relief to Morjar Windfarm Development. The order from CERC came to the fore when the petitioner moved the central agency for its intervention. The Wind Energy, in its petition, asked the CERC to consider the change in GST rates as a ‘change of […] Read more
