PM-KUSUM: Gujarat Farmers to Earn Rs 2.83/Unit for Surplus Solar Updated On Mon, May 26th, 2025 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) has approved the implementation of Component C of the PM-KUSUM scheme, setting the stage for large-scale solarization of grid-connected agricultural pumps across the state. In an order issued in response to a petition filed by the state’s four distribution companies (DGVCL, MGVCL, PGVCL, and UGVCL) along with Gujarat Urja […] Read more
Advait, H.G. Infra Sign BESS Deal With GUVNL Backed by VGF Updated On Fri, May 23rd, 2025 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has signed Battery Energy Storage Purchase Agreements (BESPAs) with Gujarat-based Advait Energy and Rajasthan-based H.G. Infra Engineering, following the Gujarat Electricity Regulatory Commission’s (GERC) approval of tariffs discovered through a competitive bidding process for 500 MW/1,000 MWh standalone Battery Energy Storage Systems (BESS) in the state. Under GUVNL’s […] Read more
Lower C&I Tariffs, Residential Support Can Boost RE Shift: CEEW Updated On Fri, May 23rd, 2025 by Saurenergy A new report by the Council on Energy, Environment, and Water (CEEW) and the Alliance for an Energy-Efficient Economy (AEEE) finds that power pricing reforms can drive equitable and scalable electrification. The report highlights that reforms promoting greater rooftop solar penetration in residential buildings and rationalised tariffs for commercial and industrial users are key to […] Read more
Maharashtra: Onix Renewable Embarks On Its 1.9 GW Solar Project Updated On Fri, May 23rd, 2025 by Saurenergy Onix Renewable Limited has launched development of a 1,959 MW solar power project under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0), a flagship decentralised solar initiative by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) aligned with the central government’s PM-KUSUM scheme. The ambitious project aims to decarbonise rural electricity supply and bolster […] Read more
Roofsol Commissions 29+MWp Solar Projects In 12 States Updated On Fri, May 23rd, 2025 by Saurenergy Roofsol Energy Pvt. Ltd., a player in India’s solar EPC sector, has announced the successful commissioning of over 29 MWp of solar capacity through 14 projects spread across 12 Indian states and more than five industrial sectors. The newly commissioned installations are expected to generate over 45.78 million units (kWh) of green electricity annually, contributing […] Read more
CATL Lists On Hong Kong Stock Exchange, Raises HKD 35.5 Bn Updated On Fri, May 23rd, 2025 by Saurenergy China’s CATL, a global leader in battery manufacturing, was recently listed on the Hong Kong Stock Exchange (HKEX) under ticker 3750, marking the first A-share company to seek a secondary listing in Hong Kong with a price cap. The company offered 135 million shares before the greenshoe option at HKD 263 each. The initial public […] Read more
CERC Issues Draft Guidelines For Boosting Virtual PPAs Updated On Fri, May 23rd, 2025 by Saurenergy The Central Electricity Regulatory Commission (CERC) has released draft guidelines for Virtual Power Purchase Agreements (VPPAs), aiming to support the country’s renewable energy push by offering a market-based tool for meeting clean energy targets. The proposed rules, issued in May, outline a framework to enable designated consumers to fulfill their Renewable Consumption Obligations (RCOs) without […] Read more
BESS Installs In Europe Grow 15% In 2024, Future Growth Expected To Jump Updated On Thu, May 22nd, 2025 by Saurenergy Europe experienced another year of record installations for battery storage, despite slower year-on-year growth, according to the European Market Outlook for Battery Storage by Solar Power Europe. Europe installed 21.9 GWh of battery energy storage systems (BESS) in 2024, marking the eleventh consecutive year of record installations, and bringing Europe’s total battery fleet to 61.1 […] Read more
SJVN Issues Tender to Restore 47.6 MW Wind Project in Maharashtra Updated On Thu, May 22nd, 2025 by Saurenergy SJVN has invited bids to restore four wind turbine generators (WTGs) at its 47.6 MW Khirvire Wind Power Station (KWPS), located in Khirvire and Kombhalne villages in Akole taluka of Maharashtra’s Ahmednagar district. SJVN tender set June 3, 2025, as the last date for bid submission. The new tender follows a tender in April for […] Read more
