BatX Partners With LW3 TO Track History, Usage Of Used Li-Ion Batteries Updated On Wed, Oct 16th, 2024 by Saurenergy Lithium-ion battery recycling company BatX Energies today announced partnership with LW3 Pvt. Ltd to bolster its trade of battery recycling. LW3 Pvt. Ltd is a company specializing in Digital Product Passport (DPP) solutions using blockchain and IoT technologies. The collaboration seeks to boost battery lifecycle management, offering a traceable and sustainable solution for energy storage […] Read more
Capri Global, Credit Fair Partner To Offer Solar Finance For MSMEs Updated On Wed, Oct 16th, 2024 by Saurenergy Mumbai-based non-banking financial company (NBFC) Capri Global Capital Ltd (Capri Loans) launched its rooftop solar finance product under the Micro, Small and Medium Enterprises (MSME) Loans. The creditor will help individuals and businesses harness solar energy for self-use. Capri Solar Finance offers financing solution with no collateral, and minimal documentation, it said. The company claims […] Read more
PM KUSUM: Tembo Global Secures Rs. 595 Cr Solar Project From MSEDCL Updated On Wed, Oct 16th, 2024 by Saurenergy Mumbai-based TEMBO, recently secured an order from Maharashtra State Electricity Distribution Co.Ltd, (MSEDCL) for solar photovoltaic power generating stations of 124 MW(AC). The company secured this project under Mukhyamantri Saur Krushi Vahini Yojana 2.0 for Rs. 595 crores. The scheme was launched for implementation of feeder level solarization under component C of PM-KUSUM Scheme. TEMBO […] Read more
Govt Should Relax DCR Mandate Temporarily For PM Surya Ghar: IEEFA Updated On Wed, Oct 16th, 2024 by Saurenergy A latest report from the International Energy Economics and Financial Analysis (IEEFA) and JMK Research advocated for temporarily relaxing the mandate of Domestic Content Requirement (DCR) under PM Surya Ghar scheme. The suggestion was one of the key recommendations of the joint report which analysed the performance and challenges under PM Surya Ghar scheme. The […] Read more
Avaada Energy Secures Rs 597 Crore Refinancing for PV Projects Updated On Wed, Oct 16th, 2024 by Saurenergy Avaada Energy, a subsidiary of the Avaada Group, has secured Rs 597 crore ($71.1 million) in refinancing for its commercial and industrial (C&I) solar projects. These projects are located in Karnataka and Maharashtra. The refinancing was provided by NIIF Infrastructure Finance Limited (NIIF IFL), an infrastructure debt fund focused on refinancing operational infrastructure projects. Avaada’s […] Read more
Rayzon Solar Secures 216 MW PV Module Supply Orders From L&T Updated On Wed, Oct 16th, 2024 by Saurenergy Rayzon Solar announced that the company has won a contract to supply 216 MW of photovoltaic modules to L&T for three solar projects in India. One of the renowned multinationals providing EPC solutions in India, L&T will operate the solar projects out of three states. The solar projects operating out of the state of Jharkhand, […] Read more
ITC Commissions Second Offsite Solar Plant in Karnataka Updated On Tue, Oct 15th, 2024 by Saurenergy ITC Limited has recently commissioned its second offsite solar plant in Karnataka with a capacity of 9.45 MW in the Davangere district. The facility is ITC’s 4th offsite solar plant in the country, with similar units earlier built in Tamil Nadu, Uttar Pradesh and Karnataka. ITC Limited has set itself the target to meet 100% […] Read more
Green Stocks Oct 15: Sterling & Wilson Stock Price Up After Q2 Results Updated On Tue, Oct 15th, 2024 by Saurenergy The stock prices of Sterling & Wilson shot up today, a day after the renewable EPC company announced its financial results for Q2FY25. The company earlier yesterday reported an increase in its order book, revenue and net profits. The firm today reported a 4.99 percent surge in its stock price. On the other hand, Shakti […] Read more
Tata Steel Using Multiple Options To Boost Use Of RE: Probal Ghosh Updated On Tue, Oct 15th, 2024 by Saurenergy 1. What are the major works you are doing towards shifting to renewable energy for your operations? Integrated Steel plants are power intensive and require huge quantum of power. Currently, the standard BF-BOF route of making steel is in operation and the by-product gases generated in the process are utilised for meeting many heating purposes […] Read more
