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GUVNL Awards 250 MW Solar Tender With Greenshoe Option At ₹2.60/kWh

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, […]

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Adapture Secures $321Mn Debt Facility For 441 MW Solar Project In US

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 […]

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SECI Issues 2.7 MW Floating Solar Tender With BESS In Lakshadweep

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 […]

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Energy Storage Lead

The role shall focuses on developing cost models and designing solutions for BESS and PSP projects, particularly for renewable energy tenders (FDRE, RTC) and C&I consumers. Responsibilities include bottom-up costing, technology evaluation and LCOE/LCOS analysis for various storage durations and applications. The role involves structuring storage solutions for C&I clients under different models (Open Access, […]

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Lead Sourcing, Strategy, Costing & Contract Management (Solar & eBoP)

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, […]

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Saurenergy Explains: AC Block vs DC Block – Battle of BESS

Renewable energy sources struggled to become a reliable alternative to fossil-based power for long. The Utility-scale battery energy storage systems (BESS) emerged as a panacea to renewable woes, with new renewable projects now even accommodating BESS as a part of the project. The landscape of utility-scale BESS is also now witnessing a dynamic evolution, with […]

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Vikram Solar To Manufacture Solid-State Cell Batteries

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 […]

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SMA Solar Rocked By Losses In 2024

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 […]

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India’s Solar Cell Supplies To Trail Demand Till FY27, Finds Study

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, […]

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