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
J&K Discom Issues Tender To Expand Rooftop Solar Projects Updated On Wed, Nov 20th, 2024 by Saurenergy The Kashmir Power Distribution Corporation Limited (KPDCL) has released a tender seeking vendors to boost rooftop solar. KPDCL has issued the tender to expedite the growth of rooftop solar in the state. The bid seeks end-to-end solutions to develop rooftop solar projects in the state. The last date for tender submission is December 15, 2024. […] 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
GoodWe Inaugurates Global Partner Summit at New Headquarters Updated On Tue, Nov 19th, 2024 by Saurenergy GoodWe, a global company offering solar inverter and energy solutions, inaugurated its first Global Partner Summit at its new global headquarters in Suzhou, China. Themed Empowering Future of Energy Together: Opportunities, Challenges, and Collaborations, the event gathered 500 industry players worldwide to foster collaboration, exchange insights on industry dynamics, and showcase GoodWe’s latest innovations accelerating […] Read more
CEA Approves Uniform Protection Protocol For BESS, Substations Updated On Tue, Nov 19th, 2024 by Saurenergy The Central Electricity Authority (CEA) recently introduced uniform protection protocol to ensure grid stability, reliability, security and to supports the greater integration of 450 GW renewable energy into the national grid by 2030 and ambitious target of 2100 GW of Renewable energy by 2047. The protection schemes protocol addresses the protection requirements for thermal and […] Read more
SECI’s Plea For Extra Trading Margin In BESS Deal Fails To Cut Ice With CERC Updated On Tue, Nov 19th, 2024 by Saurenergy In an interesting take on what constitutes fair margins, the Central Electricity Regulatory Commission (CERC) considered a plea by SECI on an additional margin of Rs. 0.07/kWh for facilitating the sale/ purchase, scheduling, accounting, charging, and discharging of BESS for Grid Ancillary Services (150 MW) portion through IDAM/ RTM/TAM/Bilateral mode on behalf of the National […] Read more
Waaree Energies Q2 Results-Numbers Up, Growth Rate Moderates Updated On Tue, Nov 19th, 2024 by Saurenergy Waaree Energies Limited India’s largest module maker and now a publicly listed firm, has delivered its first set of numbers after its listing. The company in its Q2 numbers for FY25 has delivered a profit after tax growth of 17% year on year(YoY) over Fy24, even as total income rose under 3% to Rs 3663 […] 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