SECI’s 630 MW FDRE Project Moves Ahead With Adoption of Tariff Updated On Fri, Mar 7th, 2025 by Saurenergy A journey that started in September 2023 through the issue of a tender for Renewable energy with energy storage for 1260 MW of Firm and Dispatchable Power (FDRE) has moved a step closer to fruition with the adoption of Tariffs by the CERC. The five winning firms in the tender had finally been awarded capacities […] Read more
GUVNL Awards 250 MW Solar Tender With Greenshoe Option At ₹2.60/kWh Updated On Thu, Mar 6th, 2025 by Saurenergy GUVNL has recently concluded its 250 MW solar auction with a greenshoe option. These projects were awarded to three winners: Welspun Renewable Energy, Avaada Energy, and SAEL Industries. GUVNL issued the tender for this project in January 2025, and the results were announced within a record time of two months. As per the tender announcements, […] Read more
SECI Issues 2.7 MW Floating Solar Tender With BESS In Lakshadweep Updated On Thu, Mar 6th, 2025 by Saurenergy Soon after announcing plans to develop grid-connected Floating Solar PV (FSPV) projects at the beginning of 2025, SECI has now released a tender to build such projects in Lakshadweep. These projects will be located in two locations within the union territory —Agatti and Kavaratti—and include an optional Battery Energy Storage System (BESS). SECI has set […] Read more
Lead Sourcing, Strategy, Costing & Contract Management (Solar & eBoP) Updated On Thu, Mar 6th, 2025 by Saurenergy KEY ACCOUNTABILITIES:- KRA:- Costing & Price Benchmarking (Solar & e-BoP):- Provide component wise (Solar Module, inverter, mounting structure, cables, transformers, trackers, BOS etc. ) costing & updated industry benchmarks to bidding and BD teams to ensure optimal IRRs while bidding Develop bottom-up cost models for key solar components: Modules, inverters, mounting structures, cables, transformers, trackers, […] Read more
India’s Surge In Tendered Capacity Of RE Projects faces Multiple Risks Updated On Thu, Mar 6th, 2025 by Saurenergy India’s two consecutive years of record renewable energy tendering capacity has placed the country on a record capacity addition trajectory. With tenders equaling 73 GW in 2024 versus 58 GW in 2023, the numbers have surpassed even the central government’s own targets of 50 GW per year. These are among some of the findings of […] Read more
Vikram Solar To Manufacture Solid-State Cell Batteries Updated On Thu, Mar 6th, 2025 by Saurenergy Indian solar module manufacturer Vikram Solar has now planned to set up a 1GWh fully integrated Solid-state Cell and Battery manufacturing facility with proprietary Battery Management System (BMS) technology. This facility, initially designed to scale up to 5 GWh, is expected to cater to the growing energy demands of a rapidly evolving global market. “This […] Read more
SMA Solar Rocked By Losses In 2024 Updated On Thu, Mar 6th, 2025 by Saurenergy German solar inverter maker SMA Solar managed to meet 2024 sales projections, but at a high cost that saw it slip into losses for the Fy2024. Both sales and income in 2024 fell over 2023 as a result of what the company termed weakening demand in Europe besides inventory losses. That meant that on sales […] Read more
India’s Solar Cell Supplies To Trail Demand Till FY27, Finds Study Updated On Thu, Mar 6th, 2025 by Saurenergy India has recently witnessed a surge in solar capacity additions, which is estimated to double to 30 GW in FY25, according to an SBI Caps report. This increase in capacity additions is expected to continue improving in FY26 and FY27, further accelerating module demand. The rooftop solar sector is also anticipated to see significant growth, […] Read more
ONGC Acquires PTC Energy With Its 288.8 MW Wind Projects Updated On Wed, Mar 5th, 2025 by Saurenergy ONGC has announced its investment in ONGC Green Limited (OGL) and the recent acquisition of PTC Energy Limited (PEL). In a regulatory filing regarding the acquisition of PTC Energy Limited (PEL), it stated, “PTC Energy Limited (PEL) was established in August 2008 as a wholly owned subsidiary of PTC India Limited. It has an aggregate […] Read more
