IFC Partners, Axis Bank Partner To Provide $500 Mn Loan In India Updated On Tue, Oct 8th, 2024 by Saurenergy The International Finance Corporation (IFC), is making its first blue investment in India in partnership with Axis Bank. IFC entered this partnership with the private sector banks in India to provide a $500 million loan. This initiative also supports the company’s plan to develop a blue finance market and scale up financing of green projects […] Read more
TruBoard Partners Unveils TruGreen For Renewable Energy Management Updated On Tue, Oct 8th, 2024 by Saurenergy Mumbai-based TruBoard Partners, recently launched TruGreen, a managing renewable energy assets solution, at the Renewable Energy India (REI) Expo 2024. The tech-based asset management company TruGreen specializes in solar and wind assets, and is designed as a one-stop platform for renewable energy stakeholders, featuring five modules: TruAnalytica is for real-time performance management analytics, TruBuyer for […] Read more
Gujarat: Zodiac Energy Secures 30 MW Solar Project From AMC Updated On Tue, Oct 8th, 2024 by Saurenergy Gujarat-based Zodiac Energy recently secured an order from the Ahmedabad Municipal Corporation (AMC) to build a 30 MW ground-mounted solar project in its home state. The company is responsible for designing, supplying, installing, testing, and commissioning a grid-tied solar project. The contract also includes the erection, operation, and maintenance of the project for five years, […] Read more
SECI Awards 600 MW Hybrid Project At Tariff Of Rs 3.25/kWh Updated On Mon, Oct 7th, 2024 by Saurenergy SECI recently allocated a 600 MW Hybrid Power Project to three companies namely: Juniper Green, ACME And Sembcorp. Among the four bidders, the Renewable Energy Implementing Agency reported the lowest tariff of Rs 3.25/kWh. According to its recent announcement, SECI awarded the project to Juniper Green Energy, ACME Solar Holdings, and Sembcorp Green Infra to […] Read more
Govt Extends EV Charging Norms For Battery Swapping Centers Updated On Mon, Oct 7th, 2024 by Saurenergy The Ministry of Power (MoP) in its latest notification extended several norms, meant for Electric Vehicle (EV) Charging Stations for Battery Swapping Stations (BSS) and Battery Swapping Charging Stations (BCS). This notification comes at a time when the government and several battery swapping companies are working to boost this alternative means of refueling EVs. The […] Read more
MNRE Issues Revised Standards For PM-KUSUM Scheme Updated On Mon, Oct 7th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently updated its standards and specifications for solar photovoltaic (SPV) systems under the PM-KUSUM scheme. The government proposed to update the standards and specifications to include new technology and improve eqiopment used in such projects. The government has sought recommendations from the stakeholders till October 31, 2024. […] Read more
RERC Notifies Draft Green Energy Open Access Regulations 2024 Updated On Wed, Oct 2nd, 2024 by Saurenergy Rajasthan’s Electricity Regulatory Commission (RERC) recently released a draft notification for the Green Energy Open Access (GEOA) regulations for 2024. The commission is inviting suggestions on the draft until October 18th. In this draft, the RERC outlines the criteria for accessing green energy through open access, which will be available upon payment of specific charges. […] Read more
Rajasthan: SGEL Seeks Bids For 2,000 Ac Land For 500 MW Solar Project Updated On Tue, Oct 1st, 2024 by Saurenergy SJVN Green Energy Limited (SGEL), a subsidiary of SJVN, has released a tender seeking bids for the outright purchase or leasing of 2,000 acres of land located in the vicinity of the 765/400/220 kV Bikaner-IV Pooling Station in Rajasthan. With this project, SGEL aims to set up a solar plant of up to 500 MW. […] Read more
Vivriti Capital Gets $25 Mn From ADB For Climate Finance Projects Updated On Tue, Oct 1st, 2024 by Saurenergy The Asian Development Bank (ADB) recently shared its plans to invest $25 million in a certified climate bond issue by Vivriti Capital Limited (VCL). This bond is being certified by the Climate Bonds Initiative to enhance access to climate finance for financially underserved enterprises, including micro, small, and medium-sized enterprises (MSMEs), mid-market corporates, and retail […] Read more
