Adani’s New Energy Arm In Trade Finance Facility For $394m Updated On Fri, Jul 28th, 2023 by Saurenergy Adani New Industries Limited (ANIL) ecosystem has announced the raise of a trade finance facility of USD 394mn (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG for securing working capital requirements of its integrated solar module manufacturing facility. ANIL, a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one […] Read more
Adani Green’s RE Capacities Grew 43% in Q1 on YoY Updated On Fri, Jul 14th, 2023 by Saurenergy Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, increased its renewable energy capacities by 43 percent in Q1 on a Year-On-Year (YoY) basis. While it added 5,800 MW of renewable power in Q1 of FY23, it increased its capacity to 8,316 in Q1 of FY 24, reporting a 43 percent rise […] Read more
Spinkraft Ventures & Roofsol Join Hands for 60 MW Solar Inverter Contract with Wattpower Updated On Fri, Jul 7th, 2023 by Saurenergy Spinkraft Ventures Private Limited and Roofsol Energy Pvt Ltd have joined hands for a supply contract with a capacity of 60 MW. The agreement has been forged with Wattpower Systems Pvt. Ltd. The contract will pave the path for the delivery of inverters and components that convert solar panel-generated direct current (DC) into alternating current […] Read more
Gautam Solar Contracts Jinchen to Double Solar Module Capacity to 1 GWp Updated On Mon, May 29th, 2023 by Saurenergy Solar panel manufacturer, Gautam Solar, has collaborated with Chinese high tech enterprise Jinchen with the objective of increasing its production of solar modules. An agreement has been signed at the 16th International Conference and Exhibition on Photovoltaic Power Generation and Smart Energy (SNEC) that is being held in Shanghai, China. Under the terms of the […] Read more
Adani Solar Recognised As a Top Performer in PVEL PV Module Reliability Scorecard 2023 Updated On Fri, May 26th, 2023 by Saurenergy PVEL, which delves into performance testing for solar PV and storage technology, has released its 9th edition of PV Module Reliability Scorecard, featuring top performers from 35 manufacturers. Adani Solar, the solar PV manufacturing arm of Adani Group, has clinched the Top Performer’s position in the PVEL PV Module Reliability Scorecard 2023. Adani Solar says […] Read more
Adani Green Reports 49% Increase In Renewable Energy Capacity In FY23 Updated On Fri, Apr 14th, 2023 by Saurenergy Adani Green Energy Limited (AGEL), the renewable energy arm of the Adani Group, on Friday, reported a 49 percent addition to its total renewable energy capacity in the fiscal year 2023. As a result, the total capacity of AGEL-owned renewable energy touched 8,086 Megawatt (MW) with the recorded rise. In its latest provisional annual consolidated […] Read more
Solar PLI Tranche 2 Allocations Released, 48 GW Of Domestic Manufacturing Capacity By 2025-26 Updated On Tue, Mar 28th, 2023 by Saurenergy The government of India has allocated 39600 MW of domestic Solar PV module manufacturing capacity under PLI (Tranche-II), or the Solar PLI scheme to incentivise domestic manufacturing. The PLI or Performance Linked Incentive scheme offers financial incentives to manufacturers for meeting specific milestones in sales, linked indirectly to capacity creation. The PLI (Tranche-II) is expected […] Read more
India’s Solar Self Sufficiency Dreams Move Ahead With Solar PLI II Bids Updated On Mon, Mar 6th, 2023 by Saurenergy Confirmations on the bidders for the phase 2 solar PLI (Performance Linked Incentives) scheme of the government are in, with Reliance Industries Limited (RIL), leading a host of companies that have bid for a slice of the incentives. In the guidelines for the second phase of the solar PLI scheme where Rs 19,000 crore has […] Read more
Adani Green Energy Records India’s Largest Operating Renewable Portfolio at 8,024 MW Updated On Fri, Mar 3rd, 2023 by Saurenergy Adani Green Energy (AGEL) has revealed that its 700 MW hybrid green energy project has been set into operation, following which, the firm’s cumulative operating renewable portfolio has reached 8,024 MW. This is India’s largest operating renewable portfolio. The said project is AGEL’s fourth wind-solar hybrid power plant that is fully in operation in Rajasthan’s […] Read more
