FDRE Projects Prone To Several Financial Risks, Says EMBER Updated On Tue, Feb 25th, 2025 by Saurenergy A new report from Ember maps various financial risks associated with renewable projects. Based on the assessment of these risks, the report estimates the premiums associated with them and the overall impact of the risks on the cost of capital. The report moves beyond traditional “thumb rules” for calculating risk premiums by adopting a data—and […] Read more
MNRE Sets Norms For Solar Cold Storage With Thermal Energy Backup Updated On Wed, Feb 12th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has established design, performance, and testing standards for Solar Cold Storage systems equipped with Thermal Energy Storage (TES) backup. These systems primarily operate on solar photovoltaic (PV) energy, providing a sustainable solution for preserving agricultural, fishery, dairy, and pharmaceutical products. The new regulations set performance requirements by […] Read more
Budget 2025: Green Firms Seek Support For Wafer, Ingot Production Updated On Mon, Jan 27th, 2025 by Saurenergy As the Union government is gearing up to announce the Union Budget, India’s renewable energy sector is expecting more hand-holding support from the government. The industry is now also keen to have more stability in policies and attention to some of the lesser support areas of the industry. In the last interim and extended budget […] Read more
ACME’s Subsidiary Secures Rs. 1,988 Cr Financing From PFC Updated On Thu, Dec 26th, 2024 by Saurenergy ACME Renewtech Private Limited, a subsidiary of Haryana-based ACME Solar Holdings (ACME Solar) recently secured Rs. 1,988 crore term loan financing from Power Finance Corporation (PFC). This financing will fund the development and construction of a 300 MW Solar-Wind Hybrid Renewable Energy Project. The project will be located in high-resource potential areas, with solar capacity […] Read more
NTPC-REL Floats 1.4 GW Tender To Build UP Solar Parks Project Updated On Tue, Dec 24th, 2024 by Saurenergy NTPC Renewable Energy, a subsidiary of NTPC Green Energy, has issued a tender to develop a 1,400 MW grid-connected solar project in two solar parks, namely Lalitpur (2×300 MW) and Chitrakoot (2×400 MW), in Uttar Pradesh (UP). The tender invites bids until January 13, 2025. The tender offers a Balance of System (BoS) package for […] Read more
NTPC REL Issues Tender With BoS Package For 1.2 GW Solar Project At Khavda RE Park Updated On Mon, Dec 9th, 2024 by Saurenergy NTPC Renewable Energy Limited (NTPC-REL), a subsidiary of NTPC issued a tender for a 1.2 GW solar project comprising four blocks of 300 MW at its Khavda Renewable Energy Park in the South Block of the Rann of Kutch, Gujarat. The tender seeks bids for a Balance of System (BoS) package to develop the project, […] Read more
SECI Seeks Solar Developers For Solarising Four Campus Projects Updated On Fri, Nov 29th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) recently released a tender to select solar project developers for setting up 2,112 kW grid-rooftop solar projects under RESCO mode. These projects are located across university campuses in Delhi, Tirupati, Kerala, and Chhattisgarh. The last date for bid submission is 2nd January 2025. The bidders will be expected […] Read more
IIT-Kharagpur Plans To Solarise Its Campus Through RESCO Mode Updated On Fri, Nov 29th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now issued a tender to solarise the campus of IIT-Kharagpur. The central tendering agency issued the tender on behalf of the institutions. The agency plans to develop the project under RESCO mode. SECI has issued a tender in this regard too. The last date to apply for […] Read more
ACME Sun Power Secures Rs.3,753 Crore Loan From REC For FDRE Projects Updated On Mon, Nov 18th, 2024 by Saurenergy ACME Solar Holdings’ subsidiary, ACME Sun Power Private Limited, has secured a Rs. 3,753 crore term loan from REC Limited. This financing is extended to support the development and construction of a 320 MW Firm and Dispatchable Renewable Energy (FDRE) project in collaboration with SJVN. The Gurugram-based company’s recent project are planned to be located […] Read more
