JSW Energy Initiates Commissioning of SECI-IX Wind Project of 810 MW Updated On Wed, Dec 27th, 2023 by Saurenergy JSW Renew Energy Limited, a subsidiary, of JSW Energy Limited has started phase-wise commissioning of the 810 MW ISTS-connected wind power project. This project was awarded under SECI tranche IX in Tamil Nadu with commissioning of the first phase of 51 MW. The project has a power purchase agreement with Solar Energy Corporation of India […] Read more
Promoters To Invest Rs 9,350 Crore Equity In Adani Green Updated On Tue, Dec 26th, 2023 by Saurenergy Adani Green Energy Ltd (AGEL) announced that the Board of Directors of the firm have approved a preferential issuance of warrants to the Promoters of AGEL for a quantum of Rs 9,350 crore (equivalent to USD 1,125 million) at a per share price of Rs 1,480.75/share calculated basis SEBI ICDR regulations. The issuance is subject […] Read more
Revfin Secures $14 Million in Series B Funding Round Led by Omidyar Network Updated On Tue, Dec 26th, 2023 by Saurenergy Digital lending platform Revfin announced the successful conclusion of its Series B funding round, securing $14 million (115 crore). Omidyar Network spearheaded the round with a $5 million investment, joined by the Asian Development Bank (ADB), Companion Capital Limited, and existing investors Green Frontiers Capital and LC Nueva. This funding brings Revfin’s total capital raised […] Read more
Evolve Tender Specifications To Boost Indian Floating Solar Sector: World Bank Report Updated On Tue, Dec 26th, 2023 by Saurenergy A latest report by the World Bank on the state of India’s floating solar segment said that the country needed to evolve tender specifications to boost the sector. The report mentioned that while India has a 300 GW potential for floating solar, merely 350 MW of the technology could be deployed till now. The report […] Read more
Gujarat Hosts 30% of India’s Total Rooftop Solar Capacity: Data Updated On Tue, Dec 26th, 2023 by Saurenergy Latest data on rooftop solar, shared by Union Minister for New and Renewable Energy RK Singh claimed that 30 percent of India’s total rooftop solar capacity comes from Gujarat alone. With a total capacity of 3.17 GW of rooftop solar, the state proved to be the frontrunner in India’s rooftop solar business. The data was […] Read more
Solar Faces Challenges in Procurement, Supply Chain Strategy: Rystad Updated On Tue, Dec 26th, 2023 by Saurenergy Rystad in its report lays importance on the need for development of procurement strategy for leading supply chain strategy, while prioritizing cost-effectiveness and sustainability. The report finds the supply chains system for oil and gas equipment and services to be relatively fragmented and geographically diverse. It found to be spread with suppliers coming from Europe, […] Read more
NTPC Looks for Solar Power Developers in 1500 MW Tender Updated On Tue, Dec 26th, 2023 by Saurenergy NTPC Ltd. has issued a tender inviting online bids from eligible bidders on single stage two Envelope (that is, envelope-I: technical bid and envelope-II: financial bid) with reverse auction for the selection of solar power developers in 1500 MW tender. These ISTS connected solar power projects will be established anywhere in India. The last day […] Read more
France’s CRE PPE2 Tender Allocates 104.4 MW Solar Projects to Neoen Updated On Tue, Dec 26th, 2023 by Saurenergy Neoen, a French renewable energy producer, has initiated the construction of four solar projects totaling 104.4 MWp won in PPE2 tender. This move cements Neoen’s position among the top awardees in the recent call for tenders by the French Energy Regulation Commission (CRE), known as PPE2. Among the awarded projects, three incorporate an agrivoltaic approach, […] Read more
India Allocated Rs 5.2cr To Subsidize 11.53 lakh Electric Vehicles: Govt Updated On Tue, Dec 26th, 2023 by Saurenergy Latest data from the Ministry of Heavy Industries claimed that the Union government allocated a total of Rs 5.2 crore as subsidies to incentive 11.53 lakh electric vehicles (EVs) in the country by the end of December 1, 2023. The information was recently shared by the ministry in a media statement. The ministry said that […] Read more
