Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector Updated On Tue, Jan 2nd, 2024 by Saurenergy For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […] Read more
Suzlon Secures 300 MW Order For Its 3 MW Turbines From Apraava Energy Updated On Thu, Dec 28th, 2023 by Saurenergy Indian Wind Energy company Suzlon Group today announced a new order win for the development of a 300 MW wind power project for Apraava Energy Private Limited. Suzlon will install 100 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each at the client’s site in […] Read more
2023 Proved Brightest For Wind Power Generation In India: Govt Updated On Wed, Dec 27th, 2023 by Saurenergy Union Minister R.K Singh in a written reply before the parliament shared data on the contribution of wind energy in the total energy mix in the last three years. The data revealed an incremental growth in the wind generation capacity to the overall renewable energy. The data said that 2023 proved fruitful for the wind […] Read more
Powergrid Acquires Two SPVs for Evacuation Of Green Power From Rajasthan Updated On Wed, Dec 27th, 2023 by Saurenergy Power Grid Corporation of India Limited (Powergrid) – a Maharatna CPSU under the Ministry of Power has recently acquired two Project Special Purpose Vehicles (SPVs) namely- Ramgarh II Transmission Limited and Beawar Dausa Transmission Limited for the Transmission System Projects. They will be used for the evacuation of power from the Renewable Energy Zone (REZ) […] 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
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
Punjab State Power Corporation Limited Calls Developers for 100 MW Solar Project Updated On Mon, Dec 18th, 2023 by Saurenergy Punjab State Power Corporation Limited (PSPCL) has released a tender and invited bids for the development of 100 MW solar power projects as well as associated transmission system. The project will be established in Bathinda, Punjab. The last date to submit the bid is December 18, 2024. The earnest money deposit to be submitted by […] Read more