India’s Rooftop Solar Capacity Crossed 14 GW, Guj Remains Leader Updated On Wed, Nov 20th, 2024 by Saurenergy India’s rooftop solar capacity has touched 14.44 GW by the end of October 2024. The latest data from the Ministry of New and Renewable Energy (MNRE) indicate the growth of the sector. This comes after MNRE’s flagship scheme-PM Surya Ghar was launched, earlier this year. The new scheme aims at boosting the growth of residential […] Read more
India’s RE Installations To Surpass 35 GW/Year By FY27: CareEdge Updated On Wed, Nov 20th, 2024 by Saurenergy The annual renewable energy (RE) installations in India are likely to surpass 35 gigawatts (GW) over the next two years, the latest report from CareEdge Ratings said. The agency said that it was primarily supported by a healthy pipeline of more than 100 gigawatts (GW), CareEdge Ratings says that the accelerated growth in the RE […] Read more
Tata Power, DGPC Forge Partnership For Clean Energy in Bhutan Updated On Wed, Nov 20th, 2024 by Saurenergy In a move towards regional energy cooperation, India’s integrated power company Tata Power has partnered with Bhutan’s Druk Green Power Corporation Ltd. (DGPC) to develop 5,000 MW of clean energy capacity. This collaboration aims to bolster energy security and accelerate the transition to sustainable energy across South Asia. Key Highlights of the Collaboration Strengthening Bhutan’s […] Read more
India Likely To Add More Than 26 GW Of Renewables In FY25: ICRA Updated On Tue, Nov 19th, 2024 by Saurenergy ICRA expects the installed renewable energy capacity (including large hydro) in India to increase to about 250 GW by March 2026 from the level of 201 GW as of September 2024. The capacity addition will be driven by the large project pipeline of over 80 GW, following the significant improvement in tendering activity in FY2024. […] Read more
ONGC, NTPC Green Enter JV To Build Offshore Wind Project In India Updated On Mon, Nov 18th, 2024 by Saurenergy ONGC NTPC Green Private Limited (ONGPL) was recently incorporated as a 50:50 joint venture between NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, and ONGC Green Limited (OGL), a wholly-owned subsidiary of Oil and Natural Gas Corporation Limited. The authorized share capital of ₹10 lakh has been subscribed to explore and set up […] Read more
CY24: India Adds 18.8 GW Of Solar Capacity In 10 Months Updated On Mon, Nov 18th, 2024 by Saurenergy India’s total installed solar energy capacity has now surpassed 92 GW, according to the latest data from the Central Electricity Authority (CEA). The CEA’s most recent monthly installed capacity report revealed that the country added 1,717.36 MW of new renewable energy capacity (excluding large hydro) in October 2024. The report further indicated that India’s total […] Read more
Can Anti-Dumping Duties Change The Fate Of Borosil Renewables? Updated On Mon, Nov 18th, 2024 by Saurenergy A recent investigation report by the Directorate General of Trade Remedies (DGTR) has recommended the imposition of anti-dumping duties on solar glass. This seemingly opened up a small window of relief for Indian solar glass makers like Borosil Renewables. The company was earlier going all out to halt the alleged dumping of solar glass at […] 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
NLC India Plans To Go For IPO For Its Renewable Arm In FY26 Updated On Thu, Nov 14th, 2024 by Saurenergy Power Generation PSU NLC India Limited (NLCIL) is gearing up to launch the Initial Public Offering (IPO) of its green energy arm in the next financial year. In its latest investor call, the top management revealed that the company plans to proceed with the IPO of its renewable energy division within a specific time period. […] Read more