RVUNL Storage Tender Attracts Bids At Rs 2.21/kWh, A New Low Updated On Fri, Jan 24th, 2025 by Saurenergy Energy storage tenders continued their steep decline from last year, as RVUNL’s 500 MW/ 1000 MWh standalone BESS tender, which comes with a 30% VGF support, attracting bids at Rs 2.21 lakhs /MWh. Solar World Energy led with the lowest bid and an award of 125 MW/250 MWh, while Oriana Power won 50MW/100 MWh with […] Read more
Manager- Legal Updated On Fri, Jan 24th, 2025 by Saurenergy Responsibilities:- Should have good knowledge of applicable land laws, rules and regulations applicable across and shall have understanding of various land records; Advising company in land matters to mitigate the risks, disputes and issues involved while purchasing lands; Coordinating with land team, acquisition vendors and assisting Panel Advocate in the preparation and finalization of Title […] Read more
NHPC, AP Genco Form JV To Develop 5 GW PSP Projects Updated On Fri, Jan 24th, 2025 by Saurenergy The National Hydroelectric Power Corporation (NHPC) partnered with Andhra Pradesh Power Generation Corporation Limited (APGENCO) to develop a 5.07 GW pumped storage project (PSPs) across five locations in Andhra Pradesh. The NHPC told about its plans for the joint venture in Andhra Pradesh in a regulatory filing. NHPC said, “The Joint Venture Company envisions planning, […] Read more
Indus Towers Plans To Foray Into EV Charging Infrastructure Space Updated On Fri, Jan 24th, 2025 by Saurenergy Indus Towers, a telecom tower infrastructure provider, has decided to explore business opportunities in the Electric Vehicle (EV) charging infrastructure sector. The company received approval from its Board of Directors to proceed, subject to a prudential framework. This comes after the firm already tried its hands on the same through some pilot projects. Indus Towers […] Read more
Adani Green Q3 Results- PAT Rises 85% To Rs 474 crore Updated On Fri, Jan 24th, 2025 by Saurenergy Adani Green Energy Ltd (AGEL), the green energy developer arm of the Adani Group declared its financial results for Q3 FY25 on Thursday evening. The firm has posted a strong set of results, posting an over 85 percent rise in consolidated net profit to Rs 474 crore for the December quarter on the back of […] Read more
News In Brief Jan 23: Nextracker, Saatvik bags EPC Contracts From HPPCL, Jindal Group Updated On Thu, Jan 23rd, 2025 by Saurenergy Saatvik Green Bags Solar EPC Contracts From HPPCL Saatvik Green Energy Limited, a solar EPC solutions provider has been awarded two solar EPC contracts by Himachal Pradesh Power Corporation Limited (HPPCL). The contracts, totaling 23 MW, include an 11 MW solar project in Lamlehri Upperli UNA and a 12 MW solar project in Gondpur Bulla […] Read more
Avaada Closes Financing For 9 of Its Diverse RE Projects In Q3FY25 Updated On Wed, Jan 22nd, 2025 by Saurenergy Avaada Group, a company operating in India’s renewable energy landscape, has successfully completed financing/refinancing of nine of its projects across the business divisions totaling for an amount of INR 8500 Crs (~USD 1 Bn). The transactions include a mix of Utility scale IPP projects, large-scale Agri Photovoltaic projects, Merchant power generation projects, C&I projects and […] Read more
Solis launches First Hybrid Inverter In India Updated On Wed, Jan 22nd, 2025 by Saurenergy Leading global inverter brand and the No.1 rooftop inverter brand in India, Solis has announced the launch of its groundbreaking Hybrid Inverter series, the Solarator Series. With the launch, Solis completes the missing link in its India portfolio, where a hybrid offering was the only missing element so far. The name Solarator is a blend […] Read more
H2, Inc. Secures $16mn Funding to Expand Flow Battery Manufacturing Updated On Wed, Jan 22nd, 2025 by Saurenergy H2, Inc., a Vanadium Flow Battery (VFB) developer and manufacturer headquartered in South Korea, successfully raised $16 million in recent bridge funding, finalized in the second half of 2024. This brings the company’s total accumulated funding to $77 million. The round was led by STIC Investments, one of the largest and leading private equity firms in Korea, with […] Read more