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EG Solwin, Welspun, NLC, & Adani Bag NTPC’s 1.2 GW Hybrid Projects

NTPC has awarded 1.2 GW of wind-solar hybrid power projects to EG Solwin Renewable for 300 MW, Welspun Renewable Energy 250 MW project, NLC India 450 MW hybrid project, and Adani Renewable Energy secured 600 MW project. The tender allocated the project to EG Solwin, Welspun Renewable Energy, and NLC India at the lowest tariff […]

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Fraunhofer ISE Flags ‘Overstatement’ Of Output Claims By Module Manufacturers

A research team from the Fraunhofer Institute for Solar Energy Systems ISE has evaluated over 70,000 power measurements on photovoltaic modules that have been carried out in the institute’s calibration laboratory, CalLab PV Modules, since 2012. In the process, the researchers found that since around 2017, the negative discrepancy between the performance data of the […]

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AmpereHour Energy Secures $5mn In Series A Funding

Pune-based energy storage solutions company AmpereHour has now bagged a fresh funding of $ 5 million USD in a series A funding. The funding round was led by Avaana Capital. UC Impower and some existing angel investors also participated in the round. AmpereHour Energy is a provider of full-stack energy storage solutions, which is seeking […]

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India’s EV Sector Is Looking For Its Maruti Moment

India’s automobile industry has witnessed transformative moments, but none as impactful as the Maruti Suzuki revolution of the 1980s. The Maruti 800 democratized car ownership, making vehicles accessible to the formidable ‘middle class’ and revolutionizing the Indian car market. Today, as the country stands on the cusp of an EV revolution thanks to the Indian […]

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NHPC Discovers A Tariff Of Rs 3.41/kwh For 1.2 GW Hybrid Project

Adani Green, Sprng Vayu Vidyut (Sprng Energy), Illuminate Hybrid (Mahindra Susten), and Avaada Energy have secured NHPC’s 1.2 GW wind-solar hybrid tender. NHPC had initiated the tender process to identify renewable energy developers for hybrid projects, strengthening its green portfolio. The tender was issued in January, and results were announced within two months. NHPC awarded […]

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Will Gensol Be Able To Drive Out of Latest Crisis?

A downgrade by ratings agency ICRA has sent the Gensol Engineering stock on a tailspin, with the stock falling over 40% in the past four days. What’s behind Gensol Engineering’s massive stock crash? ICRA rating downgrade, governance concerns, and more Gensol Engineering, an Ahmedabad-based company engaged in solar EPC and EV leasing, had been a well […]

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Inox Wind Bags 153 MW Supply Order For Tamil Nadu Project

Inox Wind Limited (IWL) has secured a 153 MW order from a leading renewable energy developer, which is part of a large global clean energy company. This order is for the supply of IWL’s 3 MW-class turbines for a project developed by a Tamil Nadu-based company. Additionally, IWL will provide limited-scope EPC services for the […]

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Saurenergy Explains: AC Block vs DC Block – Battle of BESS

Renewable energy sources struggled to become a reliable alternative to fossil-based power for long. The Utility-scale battery energy storage systems (BESS) emerged as a panacea to renewable woes, with new renewable projects now even accommodating BESS as a part of the project. The landscape of utility-scale BESS is also now witnessing a dynamic evolution, with […]

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India’s Surge In Tendered Capacity Of RE Projects faces Multiple Risks

India’s two consecutive years of record renewable energy tendering capacity has placed the country on a record capacity addition trajectory. With tenders equaling 73 GW  in 2024 versus 58 GW in 2023, the numbers have surpassed even the central government’s own targets of 50 GW per year. These are among some of the findings of […]

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