India May Add 30 GW Of Renewable Capacities In 2024-25 Updated On Wed, Aug 14th, 2024 by Saurenergy India seems to be racing towards achieving a record-breaking renewable capacity addition number in 2024-25. The rise in pace of solar and wind energy installations in the first seven months of calendar year 2024 indicates every probability of record capacity additions. This will follow a strong show in 2023, when 18.5 GW of renewable energy […] Read more
India’s RE Storage On Course For 6 GW By Fiscal 2028: CRISIL Updated On Wed, Aug 14th, 2024 by Saurenergy CRISIL Ratings estimates that India’s renewable energy (RE) storage capacity could surge to 6 GW by fiscal 2028, up from less than 1 GW operational as of March 2024. It attributes this prospective growth to the increase in the pipeline of projects under implementation and an expected healthy pace of auctions. It also noted that […] Read more
SECI Issued 8.4 GW Green Project Tenders In 2023-24: Data Updated On Tue, Aug 6th, 2024 by Saurenergy The Solar Energy Corporation of India Limited (SECI) in its recent statement said that it has been able to issue renewable energy tenders of upto 8440 MW in 2023-24. The central tendering authority recently talked about its annual performance in the last fiscal year. It also declared financial results of the company. “In FY24, SECI […] Read more
CEA Expedites PSP Approvals, Sets To Develop Two New Projects Updated On Fri, Aug 2nd, 2024 by Saurenergy To ensure the rapid commissioning of Hydro Pumped Storage Projects (PSP), the Central Electricity Authority (CEA) has granted concurrence to two projects: the 600 MW Upper Indravati project in Odisha, developed by OHPC Ltd (a Government of Odisha Undertaking), and the 2000 MW Sharavathy project in Karnataka, developed by KPCL (a Government of Karnataka Undertaking). […] Read more
NTPC Achieves 76 GW Capacity, Adds 4 GW In FY24 Updated On Tue, Jul 30th, 2024 by Saurenergy NTPC, at its annual investor’s meeting, announced it has attained a 76 GW installed capacity by June end, of 2024. The company added 4 GW of capacity in FY24, with 21 GW currently under construction and 26 GW under planning. The latest addition was the completion of a small but prestigious 40 MW project at […] Read more
Offshore Wind Power Emerges Out of Shadows Updated On Tue, Jul 30th, 2024 by Saurenergy The world of renewable energy is diverse, including solar, hydroelectric, geothermal, and biomass. Among these, wind power is among the most efficient and scalable clean energy sources. Offshore wind energy farms promise higher energy yields and are far from residential areas, reducing noise and visual impact. As technology advances and costs drop, offshore wind power […] Read more
JSW Neo Secures 192 MW Hybrid Power Project From GUVNL Updated On Mon, Jul 29th, 2024 by Saurenergy JSW Neo Energy Limited (JSW Neo), received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL), for a 192 MW grid-connected hybrid power project, including an additional 96 MW under the green shoe option. JSW Neo Energy, a subsidiary of JSW Energy was awarded this project against a tariff-based competitive bid invited […] Read more
Budget: Provision For Critical Minerals, Lithium To Boost EV Growth Updated On Tue, Jul 23rd, 2024 by Saurenergy The latest budget announced by Union Finance Nirmala Sitharaman announced several interventions that can fuel the growth of Electric Vehicles (EVs) and battery industries across the country. In the recent budget released by the minister in the Parliament, she announced to reduction the Basic Customs Duty (BCD) to zero on critical minerals and numerous components. […] Read more
What The Green Industries Said About Budget 2024? Updated On Tue, Jul 23rd, 2024 by Saurenergy Hours after Finance Minister Nirmala Sitharaman announced the Union Budget 2024, the industry leaders also reacted to the budget announcements. Many of them talked about the benefits and challenges of the industry in the light of the announcements. The minister, in her budget speech talked about imposing Customs Duty on solar glass imports and include […] Read more