Federal Bank, Ecofy Tie Up For Boosting Rooftop Solar Financing Updated On Wed, Dec 18th, 2024 by Saurenergy Federal Bank has announced partnering with green fintech company Ecofy to offer innovative financing solutions for MSMEs investing in commercial rooftop solar installations. This collaboration marks one of the first comprehensive co-lending partnerships specifically designed to address the unique solar financing needs of the MSME sector, the companies said. The program targets financing 3,600 kW […] Read more
Punjab: Gensol Secures 22 MW Solar Project From A Steel Firm Updated On Wed, Dec 18th, 2024 by Saurenergy Indian renewable energy company Gensol Engineering Limited today announced securing the first large turnkey solar project from a steel product company in Punjab. The project involves the development of a 22 MW ground-mounted solar PV power plant, with a total contract value of INR 88 Crore is set to be executed over a 6-month period. […] Read more
Solar Power Europe Terms 2024 A ‘Warning’ As Solar Growth Slumps To 4% Updated On Wed, Dec 18th, 2024 by Saurenergy After years of stellar growth, the EU solar sector has been hit by a significant deployment slowdown – tumbling from 53% growth in 2023 to 4% in 2024, amounting to a 92% slowdown in solar growth over the last year. With 65.5 GW of new solar in 2024, the sector just inched past its 2023 […] Read more
Insolation Energy To Setup Its Solar Cell, Module Unit In MP Updated On Mon, Dec 16th, 2024 by Saurenergy The Board of Directors of Insolation Energy (INA Solar) has now approved the plan to commission its new solar cell, module and Aluminium frame manufacturing facility in Madhya Pradesh. The latest development marks its first investment in solar manufacturing outside Rajasthan. This comes after the Madhya Pradesh government offered land to the company in the […] Read more
Meghalaya Govt Unveils Policy To Boost Solar, Wind Energy Capacity Updated On Mon, Dec 16th, 2024 by Saurenergy The Meghalaya government recently released its policy to execute and expand solar power generation in the state, aiming to increase its solar power capacity from the current 4.28 MW (Till Nov. 2024). The latest policy released by the state allows short-term power purchases on behalf of the State Distribution Utility, entering into Power Purchase Agreements […] Read more
Ambuja Cements Commissions 200 MW Solar Project At Khavda Updated On Fri, Dec 13th, 2024 by Saurenergy Ambuja Cements, a cement and building material company, today commissioned and began power transmission from its 200 MW solar power project in Khavda in Gujarat. The balance 806 MW capacity from this project is at various stages of commissioning and is expected to start transmitting in phases between March 2025 and June 2025. This development […] Read more
Airox Nigen Announces 2 GW Solar Module Manufacturing Facility Updated On Fri, Dec 13th, 2024 by Saurenergy Renewable energy company Airox Nigen has announced the establishment of a solar module cutting-edge manufacturing line under the brand name AHAAN SOLAR. This initiative marks the first phase of its 2 GW renewable energy facility in Haryana. The proposed plan is situated in a 17-acre Renewable Energy Park in Rohnat, Haryana. This park will also […] Read more
Adani Green Subsidiary Commissions 250 MW Solar Project At Rajasthan Updated On Thu, Dec 12th, 2024 by Saurenergy Adani Green Energy Limited (AGEL), step-down subsidiary, Adani Green Energy Twenty Five Limited, recently commissioned its 250 MW solar power project. This project is located at Badi Sid, District in Jodhpur, Rajasthan. With the commissioning of this plant, AGEL’s total operational renewable generation capacity has increased to 11,434 MW. Earlier this year, the company commissioned […] Read more
News In Brief Dec 11: CATL in Spain, Husk Power, EVLO’s First BESS Updated On Wed, Dec 11th, 2024 by Saurenergy Stellantis And CATL to Invest Up to €4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain Stellantis, the maker of the iconic JEEP, and CATL recently reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant […] Read more
