MERC Rejects MEDA’s Plea For 50% Local RE Procurement By Discoms Updated On Tue, Dec 19th, 2023 by Saurenergy The Maharashtra Energy Development Agency had filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) asking it to issue appropriate directions to distribution licensees (discoms) to meet 50% of total Renewable Purchase Obligation (RPO) requirement by purchase of energy from Renewable Sources within the State. Maharashtra has achieved installed capacity of 10,799 MW as […] Read more
CERC Allows Compensation To RE Firm For Higher Duties On Solar Cells Updated On Mon, Dec 18th, 2023 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) allowed compensation to a renewable energy company against the imposition of increased import duties on solar cells. The case was related to a Rajasthan-based solar project. On July 30, 2018, the Indian government imposed higher duties against the import of solar cells into India. On […] Read more
Tata Power Solar Systems in Contract with NTPC for 152 MWp Domestic Content Requirement PV Modules Updated On Mon, Dec 18th, 2023 by Saurenergy Tata Power Solar Systems Limited (TPSSL), a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL) has signed a contract to supply 152 MWp DCR (Domestic Content Requirement) solar PV modules for NTPC Limited (NTPC’s) Nokh Solar PV Project in Rajasthan. The project holds a significant order value of approximately INR 418 crore. NTPC […] Read more
EU New Electricity Market Design To Speed-Up Renewable Deployment Updated On Fri, Dec 15th, 2023 by Saurenergy A latest report shared by the European Council and the Parliament has revealed that they have reached a provisional agreement to reform the EU’s electricity market design (EMD). “This deal is great news, as it will help us reduce even more the EU’s dependence on Russian gas and boost fossil-free energy to cut greenhouse gas […] Read more
BluPine Energy Achieves Financial Closure for 120 MW Solar Project in Gujarat Updated On Thu, Dec 14th, 2023 by Saurenergy Renewable Energy Company BluPine Energy, established in India by global infrastructure investor Actis, announced financial closure for its 120 MW solar project situated in Gujarat, secured under the GUVNL 16 tender. The electricity generated from this plant will be supplied to Gujarat Urja Vikas Nigam Limited (GUVNL) under a Power Purchase Agreement (PPA) for 25 […] Read more
Battery Swapping Firm RACE Energy Sets Foot into Sri Lanka Market Updated On Thu, Dec 14th, 2023 by Saurenergy Hyderabad’s RACE Energy, a deep-tech electric vehicle infrastructure firm for battery swapping, has marked its entry into international markets by stepping foot into the Sri Lankan market. RACE Energy has joined hands with Lanka E-Mobility Solutions (LeMS) towards piloting its battery swapping technology. This announcement comes under the ‘e-wheel’ brand for electric three-wheelers in Colombo. […] Read more
Tata Power Renewable Energy Ltd Inks PDA for 13.2 MW Group Captive Solar Plant Updated On Wed, Dec 13th, 2023 by Saurenergy Renewable energy player Tata Power Renewable Energy Limited (TPREL) has entered into a Power Delivery Agreement (PDA) with Dr. Abhay Firodia Group of Companies – Force Motors Limited and Jaya Hind Industries Private Limited, for supplying green power for 25 years under the Group Captive Solar scheme. Under the agreement, Force Motors Limited, a fully […] Read more
RECPDCL Looks for Solar Developer to Set up 250 MW Solar Projects Updated On Wed, Dec 13th, 2023 by Saurenergy REC Power Development & Consultancy Limited has issued a tender for the selection of Solar Power Developer for setting up of 250 MW ISTS-connected solar PV power projects anywhere in India under Tariff-based competitive bidding with greenshoe option of additional capacity of 250 MW under scheme for flexibility in generation and scheduling of thermal/ hydro […] Read more
MNRE Issues Policy To Repower Wind Turbines Below 2MW Capacity Updated On Fri, Dec 8th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued its Wind Repowering and Life Extension Policy for wind projects. The ministry said that the initiative will likely boost the potential of wind energy generation from old and inefficient wind power projects by modifying the wind turbine structures (repowering). As per the National Institute of […] Read more
