France’s CRE PPE2 Tender Allocates 104.4 MW Solar Projects to Neoen Updated On Tue, Dec 26th, 2023 by Saurenergy Neoen, a French renewable energy producer, has initiated the construction of four solar projects totaling 104.4 MWp won in PPE2 tender. This move cements Neoen’s position among the top awardees in the recent call for tenders by the French Energy Regulation Commission (CRE), known as PPE2. Among the awarded projects, three incorporate an agrivoltaic approach, […] Read more
NTPC REL Wins 900 MW in PFCCL 1250 MW Solar Tender Updated On Tue, Dec 26th, 2023 by Saurenergy PFCCL has announced the winners for its solar tender released a few months ago. NTPC Renewable Energy Limited has secured the bid for 900 MW capacity in the solar tender floated by PFCCL on behalf of NTPC Ltd. for the selection of 1250 MW ISTS-connected solar PV power projects in India under Flexibility Scheme. The […] Read more
Avaada, ReNew, Sprng Among Winners of 1000 MW SECI Solar Tender Updated On Fri, Dec 22nd, 2023 by Saurenergy The 1000 MW solar tender (under tranche XI) by SECI (Solar Energy Corporation of India) has announced Avaada Energy, Sprng Energy, ReNew Solar Power, and Solarcraft Power India 8 (Blupine Energy) as its winners. Avaada and ReNew bagged the highest capacities of 300 MW while Sprng Energy won a capacity of 250 MW. While these […] Read more
CERC Grants Compensation To Azure Power Over ‘Change of Law’ Events Updated On Fri, Dec 22nd, 2023 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) allowed Azure Power compensation for ‘change of law’ events. These events were related to the Goods and Service Tax (GST) surge on solar products. The detailed order said that the case was related to three projects of Azure. This includes two 300 MW solar plants, each situated […] Read more
UK-EU New Trade Rule To Support, EV Manufacturers And Consumers Updated On Fri, Dec 22nd, 2023 by Saurenergy The United Kingdom government (UK) and European Union (EU) have recently announced their agreement to extended trade rules on electric vehicles (EVs). The move is set to help the manufacturers and consumers save up to £4.3 billion in additional costs. This agreement can provide long term certainty for automotive industry and boost electric vehicle sales […] Read more
Suzlon Secures Repeat Order Of 193.2 MW From Gujarat Hybrid Project Updated On Thu, Dec 21st, 2023 by Saurenergy Suzlon today announced bagging a new order for the development of a 193.2 MW wind power project for The KP Group. This will be part of Wind-Solar Hybrid and STU’s (State Transmission Utility) tariff-based project for increasing Renewable Energy contribution in the state of Gujarat. Suzlon will supply 92 units of their S120 – 2.1 […] Read more
India Awards More Than 8GW Of Energy Storage Tenders: IEEFA Report Updated On Thu, Dec 21st, 2023 by Saurenergy Indian policymakers have recognised the importance of energy storage systems (ESS) to the country’s evolving power landscape and have already awarded more than 8 gigawatts (GW) of such tenders, allocating 60% of these in 2023 alone, according to a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research […] Read more
Maharashtra Leads In Providing Incentive Under The Rooftop Solar Program In 2023 Updated On Wed, Dec 20th, 2023 by Saurenergy The Union Minister for New & Renewable Energy and Power (MNRE) informed the parliament in a written reply to the renewable energy capacity in the country has increased by about 2.35 times in the last decade. Among other details, the minister gives a state-wise detail of subsidies provided under various schemes to encourage new and […] Read more
India’s RE Sector Saw FDI Equity Investment of USD 6,137.39 Mn in Last 3 Financial Years Updated On Wed, Dec 20th, 2023 by Saurenergy The Minister for New & Renewable Energy and Power, R.K. Singh, disclosed measures taken to entice Foreign Direct Investment (FDI) into India’s renewable energy sector. Currently, India’s FDI policy permits up to 100% investment in the renewable energy sector through the automatic route. According to the Department for Promotion of Industry and Internal Trade (DPIIT), […] Read more
