SPDA Chalks Out New Brand Identity Updated On Fri, Oct 27th, 2023 by Saurenergy SPDA, or the Solar Power Developers Association, an independent industry association committed towards promoting the renewable energy space, has made a strategic decision to rebrand itself as ‘Sustainable Projects Developers Association’ (SPDA). The new brand identity reflects the association’s transition from representing pure-play renewable energy developers to that of representing end-to-end provider of solutions across […] Read more
Canada’s Brookfield Asset Management Adds $845 Mn for JV with Axis Energy Updated On Fri, Sep 29th, 2023 by Saurenergy Canadian investor in renewable energy, Brookfield Asset Management has announced a second joint venture with Telangana-headquartered clean energy firm, Axis Energy Ventures. Brookfield Asset Management will invest worth $845 million in solar and wind energy projects of the Indian firm. The investment is being made from the Brookfield Global Transition Fund II to accelerate countrywide […] Read more
Grumblings From European Solar Manufacturers Start Over Falling Prices Updated On Mon, Sep 18th, 2023 by Saurenergy At SaurEnergy, even as solar manufacturing has been incentivised, pushed and supported by every means possible, we have regularly highlighted the need to consider the sustainability of it all. Well, the first rumblings have already started, not from the manufacturers who are establishing new capacities, but from already established players in Europe. In an open […] Read more
BluPine Wins 100 MW & ACME Bags 500 MW in RUVNL Tender Updated On Thu, Aug 10th, 2023 by Saurenergy Rajasthan Urja Vikas Nigam Limited’s (RUVNL’s) tender for the development of 1200 MW of solar with storage projects has declared BluPine Energy and ACME as winners. While BluPine bagged a quantity of 100 MW at INR 6.68/Kwh, ACME won 500 MW out of the quoted 600 MW at INR 6.69/kWh. The auction was held in […] Read more
Mahindra Susten Signs PPA with GUVNL at INR 2.7250 INR / KWh for 200 MW Solar Project Updated On Wed, Aug 9th, 2023 by Saurenergy Mahindra Susten has entered into a Power Purchase Agreement (PPA) with GUVNL (Gujarat Urja Vikas Nigam Limited). The tender was issued by GUVNL for 500 MW Phase XIX ISTS project, while Mahindra Susten won project size of 100 MW with 100 MW greenshoe capacity. The total capacity won by the firm is 200 MW. The […] Read more
GUVNL Tender: ReNew To Supply Solar Power At Rs 2.71/unit Updated On Fri, Aug 4th, 2023 by Saurenergy ReNew Solar Power is now all set to sell its solar power at the rate of Rs 2.71 per unit, discovered through competitive bidding by the Gujarat Urja Vikas Nigam Limited (GUVNL). The tender on the same was on February 4, 2023, for a 500 MW grid-connected solar project to be set up anywhere in […] Read more
AIIMS-Delhi Adopts Jakson’s Solar Rooftop Solution Updated On Wed, Aug 2nd, 2023 by Saurenergy Jakson Group, an energy and infrastructure firm, headquartered at Noida, has collaborated with AIIMS, Delhi to go green with a solar rooftop solution. This 9 KW project, on the rooftop of AIIMS Director’s Bungalow, has been developed under the aegis of Jakson Welfare Trust, the CSR arm of Jakson Group. The project was inaugurated recently […] 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
KPI Green Energy, SAEL & NLC India Emerge Winners in GUVNL’s 800 MW Tender Updated On Wed, Jul 5th, 2023 by Saurenergy KPI Green Energy, SAEL and NLC India have emerged winners for Gujarat Vikas Nagar Nigam Ltd (GUVNL) 800 MW solar project via competitive bidding. GUVNL had floated the tender for solar projects at Khavda Solar Park, Gujarat in May, 2023. The project comes with a greenshoe option of 800 MW. KPI Energy won 100 MW […] Read more
