Microtek Expects 20%-40% Market Share Under PM Surya Ghar Updated On Fri, Apr 5th, 2024 by Saurenergy Indian solar inverter manufacturer Microtek has now pinned high hopes from the recently launched PM Surya Ghar: Muft Bijli Yojana. The firm which manufactures grid-connected solar inverters in the range from 1 kW to 100 kW sees a vault of new opportunities with the new scheme dedicated to the residential rooftop solar segment. In a […] Read more
Recurrent Energy Secures €110 Million Green Loan Facility From International Banks Updated On Thu, Apr 4th, 2024 by Saurenergy Recurrent Energy, a subsidiary of Canadian Solar Inc. and owner of solar and energy storage assets, today announced that it has secured a multi-currency facility of up to (€110 million) $120 million from a group of international banks led by Investec Bank Plc. According to Recurrent Energy, the facility consists of a €55 million term […] Read more
US Initiative Aims To Bring Energy Efficient, RT Heat Pump By 2027 Updated On Thu, Apr 4th, 2024 by Saurenergy US Department of Energy (DOE) at a recently held annual Better Buildings, Better Plants Summit announced new ‘Better Building’ initiatives to help organisations in all sectors of the US economy save energy while reducing costs and emissions. Among the new initiatives is the ‘Better Buildings Commercial Building Heat Pump Accelerator’, through which manufacturers are expected […] Read more
Alpex Solar To Set Up Second Panel Manufacturing Facility In Mathura Updated On Thu, Apr 4th, 2024 by Saurenergy Noida-based Alpex Solar will be setting up its second solar panel manufacturing facility in Mathura, Uttar Pradesh. The company said it has got the approval from Uttar Pradesh State Industrial Development Authority (UPSIDA) to secure 7 acres of land in Mathura for which the payment will be done soon. According to Alpex Solar, the firm […] Read more
IEX FY24 and March Update- Overall Volumes Up, Green Market Volumes Slump Updated On Thu, Apr 4th, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s premier electricity exchange, achieved 110 BU in FY’24, registering an increase of 13.8% on YoY basis. Electricity volumes at 101.7BU increased 12% YoY. Additionally, 75.39 lac RECs (equivalent to 7,539 MU) were traded during FY’24. REC traded volume in FY’24 increased 26% on YoY basis. The Government undertook several measures […] Read more
NTPC- REL Seeks Bids For 110 MW Wind Energy Project At Khavda Updated On Wed, Apr 3rd, 2024 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of the NTPC Limited invited online bids from eligible bidders to supply and install wind turbines generators for ISTS-connected wind energy project with nominal capacity of 110 MW at Khavda RE Park. The document has single stage two envelope (i.e., Envelope-I: Techno-Commercial Bid and Envelope-II: […] Read more
MPERC Introduces Policy For Grid Interactive Renewable Energy System Updated On Wed, Apr 3rd, 2024 by Saurenergy Madhya Pradesh regulatory body Madhya Pradesh Electricity Regulatory Commission (MPERC) introduced general conditions for net metering, group net metering, and virtual net metering, through distributed licensees to eligible consumers on a first come first serve basis. The regulation extended to the whole of Madhya Pradesh and applied only to the Captive Power Plants (CPP) using […] Read more
PepsiCo’s Upcoming Facility In Ujjain To Run Entirely On Clean Energy Updated On Wed, Apr 3rd, 2024 by Saurenergy Beverage manufacturer PepsiCo India will establish a manufacturing facility in Ujjain, Madhya Pradesh which will entirely run on renewable energy sources. The company further claims that this will lead to a reduction in carbon footprint by an impressive 1.9 metric tons per day. Spread over 22 acres, this plant will help PepsiCo’s beverage production in […] Read more
Goldi Solar Announces Partnering With IPL Cricket Team-Mumbai Indians Updated On Tue, Apr 2nd, 2024 by Saurenergy Indian solar module manufacturer Goldi Solar announced today its partnership with the Mumbai Indians’ IPL cricket team as their official partner and official solar energy partner for the season. The firm said that this partnership aimed to raise awareness nationwide and establish Goldi Solar as a household name. “Aligned with Mumbai Indians’ passion and excitement, Goldi […] Read more
