India’s Rooftop Solar Picks Pace, Capacity Touches 17 GW Updated On Fri, Apr 11th, 2025 by Saurenergy The latest data released by the Ministry of New and Renewable Energy (MNRE) claimed that India’s rooftop solar capacity is now touched 17 GW, hinting at an expeditation in the sector. This comes almost one year after the launch of the PM Surya Ghar scheme. While India’s cumulative rooftop solar capacity stood at around 11 […] Read more
Govt Proposes Mandating RE for Open Access, Captive Users Updated On Fri, Mar 28th, 2025 by Saurenergy The Indian government has recently amended the renewable Energy Consumption Obligation (RCO) rules to facilitate open access consumers and captive power users, ensuring a smoother regulatory framework for renewable energy obligations. The Ministry of Power (MoP) issued a notification detailing these changes, aiming to enhance compliance with renewable energy consumption mandates. The government has sought […] Read more
IREDA Secures JPY 26 Billion ECB Facility from SBI Tokyo Updated On Fri, Mar 28th, 2025 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA) has signed a Facility Agreement today for raising External Commercial Borrowing (ECB) from SBI, Tokyo Branch for JPY 26 billion, including a Green Shoe Option of JPY 10 billion. This five-year unsecured facility, with bullet payment at maturity, is set to strengthen IREDA’s global market presence. The landed […] Read more
CleanMax, Osaka Gas Sign Pact For Accelerating Energy Transition Updated On Mon, Mar 10th, 2025 by Saurenergy Renewable energy company CleanMax and Osaka Gas Group have signed an agreement to accelerate India’s green energy transition. CleanMax is Asia’s renewable energy provider having expertise in the Commercial and Industrial (C&I) sector. It is a Brookfield-backed company. The firm has now announced a long-term strategic joint venture with Osaka Gas Co. Ltd., a prominent […] Read more
Brookfield Announces Sale of 1.6 GW of RE Assets To Gentari Updated On Wed, Mar 5th, 2025 by Saurenergy Brookfield Asset Management, an alternative asset manager headquartered in New York, and its affiliates (“Brookfield”) today announced the sale of 1.6 GW portfolio of solar and wind assets in India to Gentari Renewables India (“Gentari”). These will be structured in two phases. The first phase, comprising the sale of 1 GW of operating assets, is […] Read more
Karnataka Clean Mobility Policy 2025-30 Aims To Attract ₹50,000 Cr Updated On Tue, Feb 18th, 2025 by Saurenergy Karnataka’s Commerce and Industries Department has released the Karnataka Clean Mobility Policy 2025-30 to attract ₹50,000 crore in investments across the entire clean mobility vehicle value chain. The policy aims to generate approximately 100,000 new jobs during the policy period. It further states that Karnataka’s policy and the package of incentives and concessions will come […] Read more
Juniper Green Energy Raises $1bn In Debt Financing Updated On Mon, Feb 10th, 2025 by Saurenergy Renewable energy developer Juniper Green Energy has successfully secured US$1 billion in phased debt financing over the past few months from leading financial institutions, including Power Finance Corporation Limited (PFC), DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency Limited (IREDA). This funding will support the growth and development of Juniper Green Energy […] Read more
Tata Power Eyes 25.6 GW Clean Energy Milestone With Mega Projects Updated On Fri, Feb 7th, 2025 by Saurenergy Indian power solutions company Tata Power is optimistic about increasing its clean energy portfolio to 25,620 MW soon. This growth comes from a wide range of green projects currently under construction. The company, which was primarily a thermal power-based firm in 2015, has since transitioned towards cleaner solutions. Tata Power currently has a total operational […] Read more
Budget 2025: Experts Expect Spur In India’s Renewable Growth Updated On Mon, Feb 3rd, 2025 by Saurenergy The 2025 Budget brought forward by Union Finance Minister Nirmala Sitharaman raised new hopes for the Indian solar sector. With an increase in the budgetary allocations for the overall solar sector and higher budgets for key schemes like PM Surya Ghar, PM-KUSUM and solar power transmission infrastructure, the industry is looking at a healthy growth […] Read more
