MEC Intelligence Report On Wind Energy Orderbook In India Updated On Tue, Oct 1st, 2024 by Saurenergy A new report from MEX Intelligence covers the Wind Turbine Generator (WTG) orders in India . Market leader Envision leads with 41%. The company bagged 1.6 GW of new order books for its solar projects in the April to June quarter of 2024. So far, the total order book of Envision has reached 7.7 GW. […] Read more
Rajasthan: SGEL Seeks Bids For 2,000 Ac Land For 500 MW Solar Project Updated On Tue, Oct 1st, 2024 by Saurenergy SJVN Green Energy Limited (SGEL), a subsidiary of SJVN, has released a tender seeking bids for the outright purchase or leasing of 2,000 acres of land located in the vicinity of the 765/400/220 kV Bikaner-IV Pooling Station in Rajasthan. With this project, SGEL aims to set up a solar plant of up to 500 MW. […] Read more
Odisha Clears Rs.4,671 Cr Investment For 749.9 MW Renewable Projects Updated On Tue, Oct 1st, 2024 by Saurenergy Single Window Committee (SWC) of Odisha’s Energy Department granted in-principle approval for renewable energy projects worth Rs.4,671.81 crore. A major decision, the move helps to advance the state toward a green energy future. The approvals were granted in the 7th meeting of SWC. The total capacity of the renewable energy projects approved is 749.9 MW. […] Read more
Vivriti Capital Gets $25 Mn From ADB For Climate Finance Projects Updated On Tue, Oct 1st, 2024 by Saurenergy The Asian Development Bank (ADB) recently shared its plans to invest $25 million in a certified climate bond issue by Vivriti Capital Limited (VCL). This bond is being certified by the Climate Bonds Initiative to enhance access to climate finance for financially underserved enterprises, including micro, small, and medium-sized enterprises (MSMEs), mid-market corporates, and retail […] Read more
MNRE Amends Offshore Wind Lease Rules To Ease Process Updated On Tue, Oct 1st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently announced an draft amendment to the offshore wind energy lease rules, aimed at regulating the leasing of offshore areas for wind energy projects. The government can now grant leases for up to 35 years, with the possibility of extending them on a case-by-case basis, depending on […] Read more
Solex Launches India’s 1st Rectangular Cell-Based Modules Updated On Mon, Sep 30th, 2024 by Saurenergy Indian solar module manufacturer Solex Energy Limited today unveiled India’s first rectangular solar cell-based modules in TOPCon technology. The company has named this new brand as ‘Tapi-R series’. The launch happened in New Delhi today. The name Tapi-R comes from the firm’s location in Surat, itself on the banks of the Tapi river in Gujarat, […] Read more
L&T Division Gets Order For Energy Management Systems In India Updated On Mon, Sep 30th, 2024 by Saurenergy The Digital Energy Solutions (DES) arm of Larsen & Toubro’s Power Transmission and Distribution (PT&D) business has received an order to develop and implement Energy Management Systems across regional and state load dispatch centers in South India. As part of the order, L&T is expected to develop energy management and associated software systems for 12 […] Read more
NHPC, APGENCO Tie Up For 1.8 GW Renewable Energy Projects Updated On Mon, Sep 30th, 2024 by Saurenergy The National Hydroelectric Power Corporation (NHPC) and Andhra Pradesh Power Generation Corporation (APGENCO) recently entered into a Memorandum of Understanding (MoU) to form a Joint Venture Company (JVC). This collaboration aims at the implementation of a total of 1.8 GW renewable energy projects in the state. These projects include, Pumped Storage Hydro Power Projects and […] Read more
REC Raises $500 Mn Through Green Bonds Updated On Mon, Sep 30th, 2024 by Saurenergy REC Limited, a state-owned infrastructure company has raised $500 million through 5-year green bonds as part of its $10 billion Global Medium-Term Program. REC plans to use these funds to finance eligible green energy projects that qualify under its green finance framework. REC a ‘Maharatna’ company under the administrative control of the Ministry of Power, […] Read more
