Avaada To Develop 6 GW Hybrid Wind-Solar Projects In Gujarat Updated On Mon, Jan 15th, 2024 by Saurenergy Avaada Group recently signed a Memorandum of Understanding (MoU) with the Gujarat government. Per the agreement, the cleantech company aims to set up hybrid wind-solar projects with an aggregate 6000 MW (6 GW) capacity in the coastal state. It has also planned an investment of about Rs 40,000 crore. The agreement between Avaada and the […] Read more
Avaada, ReNew, Sprng Among Winners of 1000 MW SECI Solar Tender Updated On Fri, Dec 22nd, 2023 by Saurenergy The 1000 MW solar tender (under tranche XI) by SECI (Solar Energy Corporation of India) has announced Avaada Energy, Sprng Energy, ReNew Solar Power, and Solarcraft Power India 8 (Blupine Energy) as its winners. Avaada and ReNew bagged the highest capacities of 300 MW while Sprng Energy won a capacity of 250 MW. While these […] Read more
Avaada Bags 1 GW in NHPC 3 GW Solar Tender; Jakson, Sprng Energy, Hinduja Among Other Winners Updated On Tue, Nov 7th, 2023 by Saurenergy In NHPC’s 3 GW tender for the selection of Solar Power Developer, Avaada Energy, Jakson, Sprng Energy, Hinduja Renewable Energy, Green Infra Wind Energy, Solairdirect Energy India, Hazel Hybren have emerged winners. Solairdirect Energy India is an arm of ENGIE, Green Infra Wind Energy and Hazel Hybren are subsidiaries of Sembcorp and Mahindra respectively. Avaada […] Read more
SPDA Chalks Out New Brand Identity Updated On Fri, Oct 27th, 2023 by Saurenergy SPDA, or the Solar Power Developers Association, an independent industry association committed towards promoting the renewable energy space, has made a strategic decision to rebrand itself as ‘Sustainable Projects Developers Association’ (SPDA). The new brand identity reflects the association’s transition from representing pure-play renewable energy developers to that of representing end-to-end provider of solutions across […] Read more
GUVNL Tender: ReNew To Supply Solar Power At Rs 2.71/unit Updated On Fri, Aug 4th, 2023 by Saurenergy ReNew Solar Power is now all set to sell its solar power at the rate of Rs 2.71 per unit, discovered through competitive bidding by the Gujarat Urja Vikas Nigam Limited (GUVNL). The tender on the same was on February 4, 2023, for a 500 MW grid-connected solar project to be set up anywhere in […] Read more
As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise Updated On Mon, Jul 24th, 2023 by Saurenergy The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […] Read more
SAEL, Renew Power, Jakson, Avaada Among Winners of Big 2000 MW SECI Tender Updated On Sat, Jul 22nd, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has announced the results for its tranche XI bidding for the big tender for 2000 MW interstate transmission system (ISTS)-connected solar projects in the country. Jakson, Eden Renewables, SAEL, Shiva Corporation, ReNew Power and Avaada Energy have been declared winners through competitive bidding. While SAEL and ReNew Power […] Read more
RUVNL’s 1 GW Tender Sees Mahindra Susten, SAEL, Avaada Among Winners Updated On Fri, May 5th, 2023 by Saurenergy Rajasthan Urja Vikas Nigam (RUVNL) has declared the results for its 1 GW tender (floated in January 2023) of power from state transmission utility (STU)-connected solar power projects in the state. Mahindra Susten, Sunfree Energy (SAEL), Solarcraft Power India (Blupine Energy), Jakson, Shiva Corporation, Avaada Energy, and SJVN are the winners under competitive bidding. Mahindra Susten […] Read more
Avaada Group Formally Confirms Raising US $1 Bn Funding for Augmenting Renwables from Brookfield Updated On Wed, Apr 26th, 2023 by Saurenergy Avaada Group has formally announced that it has raised US $ 1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of its ongoing US$ 1.3bn fund raise plan. Brookfield Renewable, through its Brookfield Global Transition Fund (BGTF) will be investing up to US $ 1 billion in Avaada […] Read more
