Mitsui Chemicals India Backsheet Durability Test Sequence (BDTS) Updated On Tue, Sep 26th, 2023 by Saurenergy Why is BDTS testing required? Solar PV modules require the Backsheet Durability Test Sequence (BDTS) to ensure the long-term performance, safety, and reliability of the photovoltaic (PV) panels. The back sheet is a critical & vulnerable component of a solar module, located on the rear side of the PV cells. It serves as a protective […] Read more
Tata Power Adds 3.12 MW PDS for Captive Solar in Maharashtra Updated On Thu, Sep 14th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a leading renewable energy player and a subsidiary of The Tata Power Company Limited, has signed a Power Delivery Agreement (PDA) with Xpro India Limited, through a special purpose vehicle (SPV), for the development of a 3.125 MW AC group captive solar plant. The SPV shall develop, operate, and […] Read more
Solar Grade Nitric Acid Exemplifies Innovation & Progress in India’s Solar Sector Updated On Wed, Sep 13th, 2023 by Saurenergy In recent years, India has become a major player in the global solar energy scenario. By February 2023, the country had an impressive total renewable energy capacity of 168.96 gigawatts (GW), including 64.38 GW from solar power. However, to meet the 2030 goal of reaching 280 GW in solar capacity, India needs to add about […] Read more
Norfund Pumps Repeat Investment into Fourth Partner Energy for ₹350 Cr Updated On Fri, Aug 11th, 2023 by Saurenergy Norwegian Investment Fund for developing countries – Norfund today announced a fresh investment of ₹350 Cr into renewable energy solutions platform, Fourth Partner Energy (4PEL). This is the second round of equity infusion by Norfund into 4PEL, following its $100 Mn investment in June 2021. Speaking about this development, Anders Blom, Vice President at Norfund […] Read more
Tomorrow Water to Provide Wastewater Treatment System for US’ Largest Solar Production Unit Updated On Wed, Aug 9th, 2023 by Saurenergy California-based Tomorrow Water, a global environmental solutions provider, has been selected to design and deliver a wastewater treatment solution. The solution keeps compliance with the regions’ Publicly Owned Treatment Works pretreatment permit limits. Tomorrow Water met the requirements with its capability to provide a cost-effective solution promising a very aggressive turnaround schedule. The contract entails […] Read more
C&I Segment: Group Captive Mode to Drive Installations in FY24-FY25-CareEdge Ratings Updated On Mon, Aug 7th, 2023 by Saurenergy A new report from CARE Ratings predicts sunny times for solar power through Group captive mode in India’s C&I segment. Commercial & Industrial (C&I) consumers in India have the option to purchase power either through a third-party power plant or through a captive/group captive power plant besides procuring power from the designated utility in their region. […] 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
Masdar Raises US$750 Million Green Bond Updated On Thu, Jul 20th, 2023 by Saurenergy Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […] Read more
Japan’s Orix Bank to Extend $2.89 Billion Funding For Renewables Portfolio Updated On Mon, Jul 17th, 2023 by Saurenergy Japanese digital lender Orix Bank will extend roughly 400 billion yen ($2.89 billion) of financing this fiscal year to renewable energy and logistics projects in a bid to diversify its portfolio away from real estate. The lending, which is to be directed toward project financing, will account for nearly a fifth of outstanding loans projected […] Read more
