Govt Amends Electricity Rules 2020; Will Empower Consumers, Says Minister Updated On Fri, Feb 23rd, 2024 by Saurenergy The government today approved an amendment to the Electricity (Rights of Consumers) Rules, 2020 which is expected to further reduce the timeline for getting new electricity connections for consumers. Union Minister for Power and New & Renewable Energy R. K. Singh in his recent announcement stated that these amendments to the rule are expected to […] Read more
NTPC Renewable Seeks Bids For 631 MW Solar Modules In Rajasthan Updated On Tue, Feb 20th, 2024 by Saurenergy The renewable energy wing of NTPC, NTPC Renewable Energy has sought bids regarding solar modules in Rajasthan. The tender invites bidders to unload and store solar modules of a total capacity of 631.28 MW for the Bhadla Il solar park at the 320 MW Bhainsara site in Rajasthan. The last day to submit the bids […] Read more
Utility-Scale Solar Power Additions May Double In 2024: EIA Report Updated On Fri, Feb 16th, 2024 by Saurenergy A latest report from the Energy Information Agency (EIA) on the preliminary monthly electric generator inventory shared the developers’ and power plant owners’ plan to add 62.8 gigawatts (GW) of new utility-scale electric-generating capacity in 2024. The EIA report found that 55% more capacity would be added than the 40.4 GW added in 2023 (the […] Read more
NTPC Invites Bids For 1500 MW ISTS Solar Projects Updated On Wed, Feb 14th, 2024 by Saurenergy NTPC has issued a tender inviting online bids from eligible bidders on single stage two envelope with reverse auction for the selection of solar power generators for setting up of 1500 MW ISTS-connected solar power projects across India. As per the tender document by NTPC, the technical bid will open on March 5 while the […] Read more
Singapore, UK, Mauritius, UAE Biggest Solar Investors In India: R.K Singh Updated On Mon, Feb 12th, 2024 by Saurenergy The union minister of new and renewable energy, R.K Singh shared details of the solar investment received within the by India in the last three years i.e., from 2020 – September 2023. He stated, “Indian solar sector has received 3860.158 million investments through foreign direct investment (FDI) within the country till 30th September 2023.” India […] Read more
Solar Finance Startup Metafin Gets $5 Million Funding Updated On Thu, Feb 8th, 2024 by Saurenergy Metafin, a leading cleantech-focused NBFC, has successfully raised $5 million in equity funding, led by Prime Venture Partners and Varanium Capital. This investment backs Metafin’s approach to accelerating rooftop solar adoption and financing in rural India. Metafin plans to utilize funds to expand across states, grow its loan book, enhance its technology and IoT stack, […] Read more
Holtec Unveils Nuclear-Solar Hybrid Plant Design For Emission Reduction Updated On Mon, Feb 5th, 2024 by Saurenergy A United States (US) based company Holtec International which is an equipment and systems supplier for the energy industry recently developed a combined nuclear/solar plant (CNSP) power plant design. It melds the benefits of nuclear (high energy density, non-polluting, base load) with those of solar (zero fuel cost, minor regulatory barriers). It claims to be […] Read more
SJVN Issues Tender For 1500 MW Wind-Solar Hybrid ISTS Project Updated On Mon, Feb 5th, 2024 by Saurenergy SJVN Limited has issued a tender for a 1,500 MW wind-solar hybrid project. The Central PSU plans to allocate this project to the Inter-State Transmission System (ISTS). The entity plans to select hybrid project developers under tariff-based competitive bidding. The tender document said that the successful bidders will sign a 25-year Power Purchase Agreement (PPA) with […] Read more
UREDA Invites Bids for 250 MW Solar Power Projects in Uttarakhand Updated On Thu, Feb 1st, 2024 by Saurenergy In its latest tender, the Uttarakhand Renewable Energy Development Agency (UREDA) has sought bids to empanel developers for the establishment of 250 MW grid-connected solar power projects under the “Mukhyamantri Saur Swarojgar Yojana in the state. The Expression of Interest (EOI) for empanelment of the firms is regarding design, manufacture, supply, erection, testing, commissioning, and […] Read more
