Glow Raises USD 30 Mn From Union Square Ventures To Expand Biz Updated On Wed, Dec 4th, 2024 by Saurenergy Glow, an Ethereum-based solar company secured USD 30 million in funding from venture capital firms Framework and Union Square Ventures. This funding aims to expand Glow’s operations into new markets, further develop blockchain solutions for renewable energy. Glow uses blockchain to create a Decentralized Physical Infrastructure Network (DePIN), linking solar farms and creating an efficient […] Read more
Govt Released Rs 1,325 crore Till Now For PM-KUSUM Updated On Wed, Dec 4th, 2024 by Saurenergy Latest data from the government furnished before the Parliament revealed that the government has infused around Rs 1,325 crore for promoting solar irrigation. This was done with the central funding for the PM-KUSUM scheme, dedicated to boosting solar irrigation across the country. The latest data said that the government invested a total of Rs 1,325.77 […] Read more
Mufin Green Finance Targets ₹500 Crore To Fund Solar Projects Updated On Wed, Dec 4th, 2024 by Saurenergy Mufin Green Finance, a climate finance solutions provider announced its entry into the solar financing sector. The firm said that it recently undertook the successful closure of its first solar financing transaction. The transaction amounted to ₹3.25 crore. This move marks the company’s expansion beyond electric vehicle (EV) financing. With the rise of need and […] Read more
127 GW Of Renewable Projects Under Tendering Process: Govt Updated On Wed, Dec 4th, 2024 by Saurenergy Minister of State (MoS) for Power Shripad Naik in a statement before the Parliament said that around 127 GW of renewable projects are under the tendering process in the country. The MoS in his statement talked about the strides the country is taking to boost its green energy portfolio. He said India currently has a […] Read more
Fraud Row: SECI Withdraws Curbs Against Reliance Power Updated On Wed, Dec 4th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now backtracked on its plan to impose restrictions on Anil Ambani-led Reliance Power. The central utility had issued a notice around a month back to blacklist the company and its subsidiary to take part in SECI for three years. The original action came against allegations of allegedly […] Read more
Green Stocks Nov 3: NTPC Green Stock Price Shines With 10% Rise Updated On Tue, Dec 3rd, 2024 by Saurenergy The stocks of NTPC Green today shone among the green stocks in the stock market. It registered a 10 percent increase in its price compared to its value yesterday. It was followed by the growth of other EPC companies and solar glass manufacturer-Borosil Renewable. Borosil Renewable stocks today witnessed a rise in its price by […] Read more
GAIL Issues Tender To Build Rooftop Solar Project In Bangalore Updated On Tue, Dec 3rd, 2024 by Saurenergy GAIL, a natural gas company, recently released a tender to design a solar-integrated rooftop system (SITC) and an on-grid rooftop solar project with a net-metering system in Bangalore. The bidder would undertake net metering for the project in the preceding seven years from the bid due date. The last date for bid submission is 16th […] Read more
SECI’s 9.29 GW Of Renewable Projects Still Await Buyers Updated On Tue, Dec 3rd, 2024 by Saurenergy The growth in tendering for utility-scale projects marks the progress within the renewable energy sector. Recent data shared by the Solar Energy Corporation of India (SECI) indicated a list of renewable projects that are yet to see buyers. As per the prescribed practice, the renewable project developers who win tenders through SECI tie up with […] Read more
Khavda: CIL Awards KPI Green Contract For 300 MW Solar Project Updated On Mon, Dec 2nd, 2024 by Saurenergy Coal India Limited (CIL) has now awarded KPI Green a contract to set up 300 MW of its solar project at Khavda. CIL had earlier bagged this project from Gujarat Urja Vikash Nigam’s (GUVNL). The tender for this project was released in October this year. The tender result was released within a month. Coal India, […] Read more
