India’s Solar Capacity Crosses 85 GW, Installations Pick Pace Updated On Thu, Jul 11th, 2024 by Saurenergy India’s total solar energy capacity has now surpassed 85 Gigawatt (GW), latest data from the Ministry of New and Renewable Energy (MNRE) said. The ministry said that with the addition of the new solar capacities in June this year, India’s total renewable capacity (excluding large hydro) touched 148 GW. The ministry’s monthly progress report said […] Read more
REC Gets $200 Mn Loan From Deutsche Bank To Finance RE Projects Updated On Thu, Jul 11th, 2024 by Saurenergy REC recently secured a green loan of JPY 31.96 billion which is equivalent to $200 million to finance green projects in India. The green loan transaction was conducted by Deutsche Bank AG, through its GIFT City branch. For REC, the public financial institution, the facility is also positioned as one of the first JPY-denominated green […] Read more
News In Brief July 11: Solar At Chamunda Devi, Enfinity, ‘Copperstring’ Project Updated On Thu, Jul 11th, 2024 by Saurenergy KLK Ventures Illuminates Chamunda Mata Mandir With Solar-Powered Safety And Sustainability KLK Ventures Pvt. Ltd., a renewable energy solutions provider has completed a solar lighting installation project at Chamunda Mata Mandir in Himachal Pradesh. This project was undertaken in collaboration with HIMURJA, the state agency responsible for promoting renewable energy in Himachal Pradesh. US IPP […] Read more
Amazon On Course To Meet RE Goal Seven Years Before Schedule Updated On Thu, Jul 11th, 2024 by Saurenergy Amazon has invested in 50 wind and solar projects in India to date. It claims to be one of the first corporations to enable utility-scale renewable energy projects in India, Greece, South Africa, Japan, and Indonesia, among other countries. In 2019, the company set the goal to match all of the electricity consumed across Amazon’s […] Read more
Green Stock July 10: Stock Prices Of Shakti Pumps Surges By 5% Updated On Wed, Jul 10th, 2024 by Saurenergy In the stock market today, Shakti Pump’s stock price went up by 5%. Stock prices of JSW and Gensol Engineering also increased by 0.21% and 0.58% respectively. Whereas, other companies saw a drop in stock prices, Waaree Renewable Technologies’ stock faced a 2.64% dip. Company name Closing Price On July 9 Closing Price on July […] Read more
EESL To Sell Solar Inverters Online, Issues Tenders For Suppliers Updated On Wed, Jul 10th, 2024 by Saurenergy Energy Efficiency Services Limited (EESL) has planned to offer solar inverters online for their ESSL mart online marketplace where consumers can directly order solar inverters. To undertake the work, EESL, a joint venture (JV) of PSUs under the Ministry of Power, invited bids for the supply through this tender, offering solar inverters online through the […] Read more
RAYS Power Announces Subsidiary for GW-Scale Solar PV Manufacturing Updated On Wed, Jul 10th, 2024 by Saurenergy RAYS Power Infra, a leading name in the renewable energy sector announced the establishment of a wholly owned subsidiary dedicated to the manufacturing of solar modules, solar cells, and Battery Energy Storage Systems (BESS) at a gigawatt scale. The new subsidiary will focus on setting up large-scale manufacturing facilities, and the company is currently evaluating […] Read more
Juniper Secures 480 MW Hybrid PPAs From GUVNL And NTPC Updated On Wed, Jul 10th, 2024 by Saurenergy Juniper Green Energy signed two Power Purchase Agreements (PPAs) for hybrid renewable energy projects with a total capacity of 480 MW. These PPAs were signed with two companies namely GUVNL and NTPC. The company said, “GUVNL Hybrid Phase 1 of the project marks the first hybrid initiative with Gujarat Urja Vikas Nigam Limited (GUVNL), featuring […] Read more
Canadian Solar Delivers 498 MWH DC BESS For AYPA Power Project Updated On Wed, Jul 10th, 2024 by Saurenergy Canadian Solar secured a contract from Aypa Power (Aypa) to deliver a 498 MWh DC standalone battery energy storage system to the company. The Bypass Project is scheduled for completion in the third quarter of 2025, with e-STORAGE, being a part of its majority-owned subsidiary CSI Solar Co., Ltd. (CSI Solar). Located in Fort Bend […] Read more
