Zelestra Closes €132 Mn Financing For Its Gorbea Solar Plant In India Updated On Mon, Sep 23rd, 2024 by Saurenergy Spanish renewable energy firm Zelestra, has closed a €132 million (INR 1472 crores) project financing package for its Gorbea solar photovoltaic plant in India. The financing was signed with HSBC, Credit Agricole, MUFG, and Bank of America. The facility, denominated in Indian Rupees (INR), is designated as green financing under Zelestra’s Green Financing Framework, aligning […] Read more
Green Stocks Sep 23: Waaree, KPI Green Shine In Stock Market Updated On Mon, Sep 23rd, 2024 by Saurenergy After the Sensex and Nifty recorded a minor hike today, some green energy firms also seemed to maximise on the benefits. However, for some it still proved to be a challenging day. The Indian green company which witnessed the highest growth in its stock price was the solar company-Waaree Renewable, the EPC arm of the […] Read more
Kerala Plans To Use BESS At Trivandrum Hospital On Pilot Basis Updated On Mon, Sep 23rd, 2024 by Saurenergy The Kerala government has decided to use solar power and battery energy storage systems in a pilot project. As per the plan, the Agency for New and Renewable Energy Research & Technology (ANERT) will execute the project in a Trivandrum Hospital. This pilot project will be executed under the Smart City Programme for Thiruvananthapuram. The […] Read more
SCCL Plans FDRE Tender for 500MW RE Power, Seeks Consultants Updated On Mon, Sep 23rd, 2024 by Saurenergy Telangana-based Singareni Collieries Company Limited (SCCL) is now mulling to issue a tender for procurement of 500 MW of renewable power through a Firm and Dispatchable Renewable Energy (FDRE) tender. It has now issued a tender seeking consultants for preparing a Detailed Project Report (DPR) on the same. The proposal said that the works relate […] Read more
US-India Launch $1 Bn Initiative To Build Clean Supply Chains Updated On Mon, Sep 23rd, 2024 by Saurenergy The United States (US) and India elevate and expand bilateral technical, financial, and policy support to enhance the complementary manufacturing capacity of clean energy technologies and components. This policy also lays the groundwork for enhanced cooperation and partnerships in Africa. The Strategic Clean Energy Partnership, led by the US Department of Energy and Indian government […] Read more
Senvion India Announces Installation of 3.1 M130 turbine Updated On Mon, Sep 23rd, 2024 by Saurenergy Senvion India today announced commercializing its upgraded 3.1M variant of the 2XM series turbines with its prototype commissioning. The 3.1M130 turbine is expected to be ready for commercial installation in India in Q1-25 post RLMM listing. The company said that this marked a landmark in Senvion’s journey towards reliable wind energy solutions thereby reducing LCOE. […] Read more
Hybrid Inverters Allowed Under PM Surya Ghar Scheme: MNRE Updated On Mon, Sep 23rd, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently released a document clarifying operational guidelines on the implementation of the PM Surya Ghar: Muft Bijli Yojana. The new clause widened the technologies included under the CFA offered to residential consumers. The new clause as per the latest document issued by the MNRE included additional technologies […] Read more
ICRA Sees FDRE, RTC Projects As Key Drivers Of India’s RE Growth Updated On Mon, Sep 23rd, 2024 by Saurenergy A recent report by the Investment Information and Credit Rating Agency (ICRA) foresees a rise in renewable energy capacity in the next six years in India. It is estimated that the share of renewable energy (RE), plus large hydro, in all-India electricity generation, will increase to over 35% in FY2030 from 21% in FY2024. ICRA […] Read more
Maharashtra Plans Solarizing 32 Police Stations, Issues Tender Updated On Mon, Sep 23rd, 2024 by Saurenergy The Maharashtra Energy Development Agency (MEDA) has issued a tender for the installation of grid-connected solar PV power plants at police stations at Gadchiroli and Bhandara. The proposal comprises setting up 1,095 KW grid-connected solar power system at 32 police stations in Gadchiroli and 7 at Bhandara. This scope of work encompasses an integrated process […] Read more
