Solar’s Next Big Challenge- Sustainable Growth Updated On Mon, Jun 2nd, 2025 by Saurenergy It has been an abiding mystery how many business journalists, for all the knowledge they collect on their preferred sectors, usually ignore the financials of the firms they track. Relationships with firms, especially if they are not publicly traded, tend to be at an arm’s length, with information supplied on a need-to-know basis. The solar […] Read more
IMFA Inks Deal To Source 40 MW RE From AMPIN Hybrid Project Updated On Thu, May 29th, 2025 by Saurenergy Indian Metals & Ferro Alloys Limited (IMFA), a fully integrated ferro-alloys producer signed a long-term Power Purchase Agreement (PPA) with AMPIN Energy Utility One Private Limited. Under the terms of the PPA, IMFA will source 40 MW of contracted demand through a hybrid renewable energy solution, comprising 58 MW AC of solar and 58 MW […] Read more
GST Rate Change: APTEL Upholds Rights Of Solar Firms For Relief Updated On Thu, May 29th, 2025 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has reaffirmed solar developers’ right to compensation for additional expenses under the Goods and Services Tax (GST), including outsourced operation and maintenance (O&M) costs. In a key judgment that aligns with its earlier Parampujya ruling, the apex agency gave the ruling. However, the tribunal remanded the matter to the […] Read more
Green Stocks May 28: Stocks In Consolidation Mode Updated On Wed, May 28th, 2025 by Saurenergy Consolidation mode for what, you may ask? A breakout, or a collapse? We believe past performance has pretty much ruled out the possibility of the latter, leaving investors hopeful of solid returns from the green pack at some stage this year. Today, it was the green energy developers that had a good day, with all […] Read more
Engie Gets Financial Closure For 200 MW Khavda Solar Project Updated On Wed, May 28th, 2025 by Saurenergy French energy company ENGIE has achieved financial closure for its upcoming 200 MW solar project in Khavda, Gujarat, in partnership with MUFG Bank Ltd. and Crédit Agricole CIB. The project is being developed through ENGIE’s subsidiary, Enren-II Energy Private Limited. It is expected to generate approximately 550 GWh of electricity annually and avoid over 1,650 […] Read more
Gujarat: ACME Solar Commissions Its Maiden Wind Power Project Updated On Wed, May 28th, 2025 by Saurenergy ACME Solar Holdings Ltd has commissioned the first phase of its maiden wind power project at Shapar, in Gujarat, adding 26.4 MW to its operational capacity as part of the planned 50 MW ACME Pokhran wind project. With the latest addition, ACME’s total operational capacity has increased from 2,705 MW to 2,731.4 MW. The project […] Read more
KREDL Floats 250MW/1100 MWh Solar-BESS Tender At Pavagada Updated On Tue, May 27th, 2025 by Saurenergy The Karnataka Renewable Energy Development Limited (KREDL) has floated its Tranche I Solar + Battery Energy Storage System (BESS) tender to develop a 250 MW solar project integrated with a 250MW/1,100 MWh BESS. The project, located in Ryapte, will supply peak power and optimize grid utilization at the Pavagada Solar Park under a Build-Own-Operate (BOO) […] Read more
GUVNL Floats 500 MW Solar Tender With Greenshoe Option Updated On Mon, May 26th, 2025 by Saurenergy Gujarat Urja Vikas Nigam Ltd (GUVNL) has issued a tender to procure power from 500 MW of grid-connected solar photovoltaic (PV) projects without energy storage. The projects can be new, under construction, or already commissioned anywhere in India, and the tender includes a greenshoe option for an additional capacity of up to 500 MW. The […] 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
