Home » Daily Newsletter » Germany’s Kfw, India’s SBI Ink EUR 150 million Pact for Solar Projects
A financing arrangement for 150 million EUROS (EUR) has been reached by Kreditanstalt für Wiederaufbau (KfW) and the State Bank of India (SBI) to fund solar projects in India. Germany-based KfW finances investments and reform initiatives in a wide variety of sectors, including water supply,...
Adani Green Energy Limited, the renewable development arm of the Adani group that has set a 45 GW capacity target for 2030, has announced its Q2 FY23 results. Operational capacity has grown to 6724 MW during the quarter. Revenues from power supply jumped 33% over...
State-run SJVN Ltd announced that it has been awarded a contract worth Rs 585 crore to construct, own, and manage an 83 MW floating solar plant in Madhya Pradesh. According to a release by REWA Ultra Mega Solar Ltd. (RUMSL), the project has been secured...
On Nov 7, at the ongoing World Leaders’ Summit at COP27, UN Secretary-General Antonio Guterres unveiled the “Early Warnings for All” Action Plan, in a bid to ensure early warning systems to the communities - least developed countries and small island developing states - still...
Indian Oil has invited bids for a 2 MW of on-grid captive solar power project at Indian Oil’s Bottling Plant, Tikri Kalan, Delhi. The last date for submitting the online bid is December 05, 2022, till 03:00 pm. Bids will be opened on December 06,...
IndiGrid [BSE: 540565 | NSE: INDIGRID], which claims to be the first Infrastructure Investment Trust (“InvIT”) in the Indian power sector has announced its results for the quarter ended September 30, 2022. The consolidated revenue for the quarter was up 6% YoY in Q2 FY23...
Waaree Renewable Technologies Limited (WRTL) the listed EPC focused arm of India's largest module manufacturing group, Waaree Energies, has released its results for Q2 FY23. The company has reported total income of Rs. 120.99 crores during the period ended September 30, 2022 as compared to...
Greece's green additions have witnessed a major leap, especially when compared against those made in last year. Reports confirm that there were 91 MW capacity wind installations from January through June, taking up the total to 4,294 MW. Further, 10 MW in new small hydropower...
A leading indigenous solar manufacturer, Gautam Solar has increased its G2X series with the introduction of high-efficiency and high-performance 450 Wp solar modules with larger M10 cells to improve the quality of solar products and accelerate the adoption of solar energy in the nation. [caption...
Havells India Limited and J. S. Solartech India Pvt Ltd., its key distributor for solar equipment invited the leading over 50 EPC companies from Delhi and neighboring parts of Haryana for a partners' meet held last evening at Hotel Radisson Blu Plaza, New Delhi. The...
Global investment management firm Brookfield's $11.8 billion bid that is also supported by the target firm's board is a clear indication of the volume and direction of money chasing renewable energy assets and growth. Origin energy, which has 4.5 million customrs in Australia, has comitted...
The policy of giving free commercial EV permits will be reinstated by the government two years after it was done away with. Over the previous two years, the Center had abandoned the practice to promote the use of green automobiles. However, it has now decided...
To produce traction motors and controllers for Electric Vehicles (EVs) in India, Pune-based FLASH, a maker of electronic and electrical components, has formed a technical partnership with Poland's Elimen Group, a renowned designer and developer of electromobility solutions. Beyond electric two- and three-wheelers, FLASH will...
AT REI 2022 in Greater Noida's Expo Centre, India's renewable energy majors were present in strength this year. SaurEnergy caught up with (Deepak Pandey, CEO of iNVERGY) to know more about their plans and expectations.
Hyundai Motors India, the second largest auto seller in India, continues to firm up its EV plans for the country. With the release of its future model, the Ioniq 5, which is scheduled to make its world debut at the Auto Expo in January of...
Electric vehicle (EV) startup MTA E-Mobility Pvt Ltd was established by MT Autocraft, a provider of machined components and assemblies, with an investment of Rs 100 crore to develop EVs and essential electrical systems. The business constructed a facility of three acres in Palwal, in...
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