Solar Bids Below Rs 2? BCD Holds Up Solar Tariffs In India Updated On Thu, Sep 28th, 2023 by Saurenergy Even as prices of China-made solar cells and modules continue to slide to unprecedented lows, power consumers are likely to benefit only partially, thanks to the Basic Customs Duty (BCD) of 40 percent that the government has on module imports, besides the 25% on solar cell imports. While the drop in prices is welcome to […] Read more
Solar Power for EV Charging? Stop, Says German Bank Updated On Wed, Sep 27th, 2023 by Saurenergy Germany’s state owned KfW bank was caught on the wrong foot with the response to a solar subsidy plan for EVs. the plan, which sought to offer subsidies to users who opted to use solar power to charge their EVs, met with an overwhelming response on day 1, with 33,000 applications. That meant the funds […] Read more
Pexapark Infused with Funding Worth €20m in Series C Round Updated On Tue, Sep 26th, 2023 by Saurenergy Pexapark, a Switzerland-based firm that helps make PPAs for renewables, has been injected with funding worth €20m in Series C round. The fresh funding round was led by Telstra Ventures, a global investor in technology. It also saw participation from Swisscom Ventures and the A&G Energy Transition Tech Fund. “This fresh injection of capital takes […] Read more
Solar Power Costs Dipped 87% Globally In Last 10 Years: Study Updated On Tue, Sep 26th, 2023 by Saurenergy A recent report by the Mercator Research Institute on Global Commons and Climate Change claimed that the cost of electricity from solar power globally has fallen by 87 percent in the last 10 years. At the same time, the cost of battery storage plummeted by 85 percent during the same period. The recent innovation in […] Read more
WBSEDCL Invites Bids for Supply of Spare Parts for 225 MW Pumped Storage Project Updated On Mon, Sep 25th, 2023 by Saurenergy West Bengal State Electricity Distribution Company Limited (WBSEDCL) has issued a tender for the supply and delivery of spare parts of intercom system under the command area of Purulia Pumped Storage Project of 225 MW (4 x 225 MW) Site, Purulia, Bagmundi, West Bengal. The cost of the project is pegged at INR 170730. The […] Read more
What Is Delaying Commissioning of India’s 96 GW Under-Construction RE Projects? Updated On Wed, Sep 20th, 2023 by Saurenergy A quarterly report by the Central Electricity Authority (CEA) for the period ending July 31 claims that renewable energy projects of up to 96 Gigawatt (GW) are under construction in the country. These projects are related to the renewable energy projects tendered through the Solar Energy Corporation of India (SECI) and other central public sector […] Read more
GIPCL Invites Bids for Contractors to Supply Solar Modules for 600 MW PV Project Updated On Tue, Sep 19th, 2023 by Saurenergy Gujarat Industries Power Company Limited (GIPCL) has issued a tender for bidding and selection process of a contractor for manufacturing, testing, supply, packing and forwarding, handling (up to receipt at site) insurance and transportation of Solar PV Modules (bifacial technology) with minimum module capacity of 540Wp and maximum module capacity of 570Wp for 600 MW […] Read more
Green RTC Power Possible At Rs 6/unit If Green Hydrogen Is Used For Storage: Singh Updated On Fri, Sep 15th, 2023 by Saurenergy Union Minister for New & Renewable Energy RK Singh said that round-the-clock (RTC) renewable energy would cost about Rs 6 per unit if Green Hydrogen is used for storage. He was speaking at the Special Ministerial Session of the Fourth International Conference & Exhibition on Clean Energy in New Delhi today. Singh said that the […] Read more
Shakti Pumps Secures Order for 10,000 Pumps from UP Govt Updated On Fri, Sep 15th, 2023 by Saurenergy Shakti Pumps Ltd has secured a letter of award to the tune of INR 293 crore from the Department of Agriculture, Uttar Pradesh. The order is for 10,000 pumps. “Shakti Pumps (India) Limited has received Letter of Award under PM- KUSUM III scheme under component-B from Department of Agriculture, Uttar Pradesh for 10,000 pumps,” Shakti […] Read more
