RERC Orders Compensation To Wind Firms For Bird Diverter Costs Updated On Wed, May 21st, 2025 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has ruled that wind energy companies are entitled to compensation for the mandatory installation of bird diverters to protect the endangered Great Indian Bustard, classifying the expense as a “Change in Law” under their power contracts. The Rajasthan Electricity Regulatory Commission (RERC) issued the order in response to petitions […] Read more
Acme Solar FY25 Results- Profits Up 130.7% As Margins Double Updated On Tue, May 20th, 2025 by Saurenergy Renewable energy developer and EPC firm Acme Solar has reported its Q4, and full year results for FY25. Key Highlights: 1,200 MW solar projects commissioned during the year; Additional 165 MW solar capacity commissioned in May’25, ▲ 9% from FY24 1,900 MW projects won during the year, resulting in a total portfolio of 6,970 MW […] Read more
Zelestra Energy Gets Financing for 237 MW Solar Projects In Spain Updated On Wed, May 14th, 2025 by Saurenergy Spanish EPC and Renewable energy developer Zelestra has achieved financial close for a portfolio of six solar projects in Spain. The projects, adding upto 237 MW form the Belinchón and Brazatortas clusters in Spain. A total of 21 power purchase agreements (PPAs) along with a debt package of €146.6m has been sanctioned for the construction […] Read more
Solex Energy Fy25-Revenue Up 81%, Profit Soars 390% Updated On Wed, May 14th, 2025 by Saurenergy Continuing with the trend of improving margins at Solar module makers, Gujarat-based Solex Energy Limitedhas announced its audited financial results for the fiscal year ended March 31, 2025. The company delivered a robust performance, with consolidated revenues reaching ₹ 665.82 crore, a significant 81% year-on-year growth compared to ₹ 368.02 crore in FY 2023-24. Solex Energy […] Read more
Coal India Aims To Turn Green Energy Supplier In 4.5 GW MoU With AM Green Updated On Fri, May 9th, 2025 by Saurenergy In what would be one of the largest renewable energy contracts going ahead, Coal India Limited (CIL), plans to supply 4500 MW of carbon-free energy, in phased manner, to upcoming green ammonia facilities of AM Green. It would be through a combination of solar and wind whose capacities CIL aims to set up on pan […] Read more
PM Surya Ghar: SJVN Invites Bids for 10.6 MW Rooftop Solar Project Updated On Wed, May 7th, 2025 by Saurenergy SJVN has issued three tenders seeking solar rooftop power developers to set up a total of 10.6 MW of grid-connected rooftop solar power projects (without battery storage) across several Indian states under the PM Surya Ghar: Muft Bijli Yojana. Bids are open until May 27, 2025. A 2.95 MW tender covers rooftop solar installations in […] Read more
ReNew Bags $100 Mn BII Funding For Solar Manufacturing in India Updated On Tue, May 6th, 2025 by Saurenergy Sumant Sinha led ReNew Energy Global Plc has secured an INR 8700 million (US$100 million) investment from British International Investment (“BII”), the UK’s development finance institution and impact investor, to accelerate the growth of its solar manufacturing business in India. The investment will be made in ReNew Photovoltaics Private Limited, ReNew’s dedicated solar manufacturing subsidiary […] Read more
Solar Water Heating Warms Up For A Second Innings In India Updated On Tue, May 6th, 2025 by Saurenergy From being the only visible solar application till a decade back, solar water heating (SWH) seemed to take a back seat as mainstream PV caught policy makers attention. Recently, India’s Ministry of New and Renewable Energy (MNRE) came out with a quality control order for solar water heaters. So what’s the big deal? A lot, […] Read more
RERC Denies GST Relief To Solar Firm, Cites Lack of Proof Updated On Tue, May 6th, 2025 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has dismissed a petition by Clean Solar Power (Bhainsada) Pvt. Ltd., seeking additional compensation for higher GST rates and carrying costs related to its 250 MW solar project in Rajasthan. The order, dated April 28, 2025, follows a previous 2023 ruling that recognized a GST hike on solar components […] Read more
