Rays Power Infra Prepares For The Next Growth Phase With Sale Of Assets At Rs 700 crores Updated On Fri, May 13th, 2022 by Saurenergy Rays Power Infra has formally announced its debt free status to the world. This has been achieved with the sale of solar assets in Tamil Nadu, Karnataka and Telangana to global investors for Rs 700 crores. The announcement was made by Pawan Sharma, Co-Founder, Director, Rays Power Infra. The assets sold had total debt of […] Read more
MNRE Minister Bhagwant Khuba At Intersolar Europe Updated On Fri, May 13th, 2022 by Saurenergy Union Minister of State for Ministry of New and Renewable Energy, Bhagwant Khuba attended the Intersolar Europe 2022 held at Munich, Germany. The Minister delivered key note address at the investment promotion event on “India’s Solar Energy Market”. Bhagwant Khuba in his key note address said that ‘As Hon’ble PM Modiji’s ambitious Panchamrit targets set […] Read more
Aquila Capital and FNSF collaborate for 1GW Solar Farm in New Zealand Updated On Fri, May 13th, 2022 by Saurenergy New Zealand will soon have a large-scale solar farm begin to produce 1GW. That is a big deal, because TOTAL solar capaciy in NEw Zealand has barely crossed 200 MW till date. German investment outfit Aquila Capital and local PV project developer Far North Solar Farm have joined their hands to collaborate to make this […] Read more
Ather Closes Series E Fund Raise With $128 Million Round From NIIFL, SOF, Hero Moto Updated On Fri, May 13th, 2022 by Saurenergy Bengaluru based Ather Energy, a leading electric two-wheeler company in India, has confirmed the completion of its Series E round of funding with signing of investment agreements amounting to $128 million with National Investment and Infrastructure Fund Limited’s (NIIFL) Strategic Opportunities Fund (SOF), and Hero MotoCorp, a significant shareholder of Ather, and additional investors. Details […] Read more
India needs $7.2 billion to promote integrated solar module manufacturing: CEEW-CEF Report Updated On Fri, May 13th, 2022 by Saurenergy The CEEW Centre for Energy Finance (CEEW-CEF) said in a report on May 12 that India needs USD 7.2 billion in investments in the next three to four years to boost integrated solar module production. Released yesterday, the report added further that the push to improve local manufacturing could help domestic module manufacturers clock $30 […] Read more
Soluna Raises $35M from Spring Lane Capital to Build Green Data Centers Updated On Fri, May 13th, 2022 by Saurenergy Soluna Holdings, Inc. (“SHI”) the parent company of Soluna Computing, Inc. (“SCI”), secured $35 million in project financing to develop green data centers co-located with renewable energy assets. Spring Lane Capital, a private equity firm, invested private funds in Soluna as a part of their strategy focused on hybrid project capital for sustainability solutions in […] Read more
Jakson Group Adds O&M Wins worth 255 MW From NTPC To Kitty Updated On Fri, May 13th, 2022 by Saurenergy Following on from the award of O&M for NTPC’s 260 MW solar plant at Bhadla in Rajasthan, the Jakson Group has won bids for comprehensive Operation and Maintenance (O&M) for a 250 MWp Solar PV Project in Ananthapuram, Andhra Pradesh and a 5 MWp Solar PV Plant in Andaman & Nicobar Islands. NTPC invited these […] Read more
NHPC Awards Contracts For CPSU 1000 MW Solar Projects Updated On Fri, May 13th, 2022 by Saurenergy Hydro energy major NHPC (National Hydroelectric Power Corporation), which had been allotted a 1000 MW Capacity Solar Power Project in the Phase II, Tranche III auction back in September 2021, has finally completed the award of contracts for the project. NHPC had won with a Viability Gap Funding (VGF) of Rs. 44.90 Lakh/MW in the […] Read more
Indian Gas Exchange Receives PNGRB Permission To Commence Domestic Gas Trading Updated On Thu, May 12th, 2022 by Saurenergy The Indian Gas Exchange (IGX), India’s first authorised Gas Exchange, has received approval from Petroleum and Natural Gas Regulatory Board (PNGRB) to trade domestic gas on its platform. IGX will launch the domestic gas trading starting 16th May 2022. This approval is in line with MoPNG’s notification dated 19 August’21 where domestic gas producers were […] Read more
