Sungrow Launches Storage Compatible 1.1 MW Inverter Updated On Thu, Jan 20th, 2022 by Saurenergy Hefei, China headquartered Sungrow has launched a new “1+X” central modular inverter with an output of 1.1MW at the World Future Energy Summit in Abu Dhabi. The inverter manufacturer, which has a manufacturing plant in India also, is a leading global inverter player. The central inverter launch comes even as the demand for central inverters […] Read more
MNRE Widens ALMM Ambit To Cover Open Access, PM KUSUM. Domestic Manufacturers To Benefit Updated On Fri, Jan 14th, 2022 by Saurenergy In an office memorandum dated January 13, the Ministry of New and Renewable Energy (MNRE) has delivered on a promise made by Power and MNRE Minister R.K. Singh earlier to cover all govt. assisted projects under the ALMM scheme. The minister had contended that they have been advised that even projects availing of benefits like […] Read more
Reliance Announces Rs 5.955 lakh Crore Renewable Energy Plans For Gujarat Updated On Thu, Jan 13th, 2022 by Saurenergy Reliance Industries Limited (RIL), the $73.8 billion conglomerate with profits over $10.9 billion in 2021 has announced a massive plan to invest in its key manufacturing base and state, Gujarat. In a stock exchange filing today (Jan 13), the firm confirmed an MoU signed at the Vibrant Gujarat Summit 2022 with the Government of Gujarat, […] Read more
APTEL Reinstates Inox Subsidiary’s 50MW Wind Project Updated On Thu, Jan 13th, 2022 by Saurenergy Inox Wind on Wednesday said the Appellate Tribunal for Electricity (APTEL) has reinstated a 50 MW wind energy project in Kutch being undertaken by its arm at a tariff of Rs 3.46 per unit. “Appeal No. 292 of 2021 filed by Wind Four Renergy Private Ltd (WFRPL), a wholly owned subsidiary of Inox Green Energy […] Read more
Azure’s $250 Million Rights Offer Open, To Close On Jan 24 Updated On Mon, Jan 10th, 2022 by Saurenergy NYSE listed Azure Power Global Ltd (NYSE:AZRE) rights issue has opened on January 7, with a target to rise upto $ 249.9 million. Pursuant to the rights offering, each shareholder will get one non-transferable subscription right for every equity share held on the record date of January 6, 2022. Each right will entitle the holder […] Read more
ANIL To Lead Adani Group’s Renewable Energy Shift Updated On Mon, Jan 10th, 2022 by Saurenergy The Adani Group, which already has Adani Solar for solar manufacturing, and Adani Green Energy Limited for developing renewable energy projects, has set up a new subsidiary, Adani New industries Limited, (ANIL) to undertake the next big phase of its green energy ambitions. From green hydrogen projects, generation of low carbon electricity and manufacture of […] Read more
FM Assures Manufacturer Associations Of BCD As Promised, From April 1, 2022 Updated On Fri, Jan 7th, 2022 by Saurenergy Finance minister Nirmala Sitharaman has assured delegation of domestic solar manufacturers that the Basic Customs Duty (BCD) that was announced on modules and cells almost 9 months back, will be implemented as scheduled, from April 1, 2022. This is basis a release shared by NIMMA, or the North India Module Manufacturers Association, which was among […] Read more
Sterlite Power Commissions ₹1662 cr Transmission Project in MP Updated On Tue, Jan 4th, 2022 by Saurenergy Sterlite Power Transmission Limited has announced the successful commissioning of the Khargone Transmission Limited (KTL) project worth INR 1,662 crore in Madhya Pradesh. The company is a private sector power transmission infrastructure developer and solutions provider. The project will evacuate 1320 MW of power generated by the Khargone power plant to 765 kV Khandwa substation […] Read more
MNRE Updates Wind Manufacturer’s RLMM List, 15 Players Make The Cut Updated On Thu, Dec 30th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released its revised list of Wind Turbine Models and Manufacturers approved for use within India. The fresh Revised list of Models and Manufacturers (RLMM) comprises exclusively onshore wind turbine models, with some interesting takeaways from the list. The list comprises 15 approved firms in all, a […] Read more