Daily News Wrap up: MNRE: Solar Cells Made With ‘Blue Wafers’ Won’t Qualify As DCR
Saur Energy International Magazine
Saur Energy International Is the most well read magazine on solar energy news and the energy transition in India
Exclusives
MNRE: Solar Cells Made With ‘Blue Wafers’ Won’t Qualify As DCR
In a latest move, the Ministry of New and Renewable Energy (MNRE) clarified that domestically manufactured solar cells which are produced using 'blue wafers' would not qualify under Domestic Content Requirement (DCR) norms. The ministry issued a formal notification today in this regard. Blue Wafers... Read More.
Green Stocks Mar 11: Green Stocks Fail To Benefit From Rebound
On a day when the key indices, as well as the broader mid cap index rose, most green energy stocks failed to catch the wind, so to say. NTPC Green, Borosil Renewables, Suzlon, SJVN and Premier Energies were just about able to eke out some... Read More.
RENEWABLE ENERGY NEWS
Serentica Increases Renewable Energy Capacity For Hindustan Zinc to 530 MW
Indian renewable energy company Serentica Renewables has announced strengthening its partnership with Hindustan Zinc Limited, India’s largest and the world's second-largest integrated zinc producer. This expanded power delivery agreement increases Hindustan Zinc’s round-the-clock (RTC) renewable energy capacity from 450 MW to 530 MW. This has... Read More.
Madhya Pradesh Issues PHS Policy To Add 12 GW Of 4-Hour ESS
Madhya Pradesh requires 29,956 MW of solar and 5,293 MW of wind capacity by 2034-35 to meet its energy demand. Under the CEA's resource adequacy plan for Madhya Pradesh, it projects a 5.36% compound annual growth rate (CAGR) in energy capacity from 2024-25 to 2034-35... Read More.
Rajasthan’s Cumulative Power Generation Crosses 10 GW
Rajasthan's Minister of State for Energy (Independent Charge) Hiralal Nagar said that the state's cumulative power generation has crossed 10 GW. The minister shared the data while speaking before the Rajasthan Legislative Assembly. The minister said that this capacity came through all possible sources of... Read More.
99.51 L Smart Meters Installed Under RDSS: Power Minister
The Minister of State (MoS) For Power Shripad Naik claimed that 99.51 lakh smart meters have been installed in the country under the Revamped Distribution Sector Scheme (RDSS). The scheme aims to augment the capacity of the power distribution companies in the country and reduce... Read More.
Ladakh: Group Surya Wins Solar-Hydrogen Microgrid Project
Group Surya’s subsidiary, Surya International, has secured an EPC package to develop a 200 kW Solar-Hydrogen BESS-Based Microgrid in Chushul, Ladakh. NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Ltd., awarded the project to the Odisha-based company. NTPC and the Indian Army launched... Read More.
Ajit Pratap Singh Joins Sterling & Wilson As Its New CFO
Sterling and Wilson’s Board of Directors has appointed Ajit Pratap Singh as the company’s new Chief Financial Officer (CFO) and Key Managerial Personnel. The new appointment will be effective from March 24, 2025. In a regulatory filing, Sterling and Wilson also announced that Sandeep Mathew... Read More.
Schneider Electric’s EcoStruxure Grid Solution Delivers In Bihar
Schneider Electric is partnering with South Bihar Power Distribution Company Ltd. (SBPDCL) to modernize the state’s power distribution network. This collaboration with an energy management and automation provider aims to deliver a reliable, and sustainable energy and digital solutions to the state. The increasing energy... Read More.
Macwin Solar Aims To Start New TOPCon Module Production From April
Gujarat-based solar company Macwin Solar has now planned to start the production of TOPCon-based solar modules from April of this year, the top management of the company told Saur Energy. In an interaction with Saur Energy, Parth Budheliya, Chief Operating Officer (COO) of the firm,... Read More.
EV's & Storage News
Bhilwara Energy To Raise Rs 500cr To Boost Battery Technology
Singularity AMC, a growth equity firm backed by investor Madhusudan Kela and led by Yash Kela, along with its partners, has signed definitive agreements to invest up to INR 500 crore in Bhilwara Energy Limited (BEL). The investment will support BEL in creating an integrated... Read More.
Lectrix EV Partner With Bike Bazaar To Boost E-Mobiity
Lectrix EV, the e-mobility arm of SAR Group, has announced a partnership with Bike Bazaar, a company involved in financing and renting electric two-wheelers, to drive large-scale EV adoption in the last-mile logistics segment. As part of this collaboration, Bike Bazaar will expand its fleet... Read More.