Zelestra Closes €132 Mn Financing For Its Gorbea Solar Plant In India Updated On Mon, Sep 23rd, 2024 by Saurenergy Spanish renewable energy firm Zelestra, has closed a €132 million (INR 1472 crores) project financing package for its Gorbea solar photovoltaic plant in India. The financing was signed with HSBC, Credit Agricole, MUFG, and Bank of America. The facility, denominated in Indian Rupees (INR), is designated as green financing under Zelestra’s Green Financing Framework, aligning […] Read more
Green Stocks Sep 23: Waaree, KPI Green Shine In Stock Market Updated On Mon, Sep 23rd, 2024 by Saurenergy After the Sensex and Nifty recorded a minor hike today, some green energy firms also seemed to maximise on the benefits. However, for some it still proved to be a challenging day. The Indian green company which witnessed the highest growth in its stock price was the solar company-Waaree Renewable, the EPC arm of the […] Read more
Kerala Plans To Use BESS At Trivandrum Hospital On Pilot Basis Updated On Mon, Sep 23rd, 2024 by Saurenergy The Kerala government has decided to use solar power and battery energy storage systems in a pilot project. As per the plan, the Agency for New and Renewable Energy Research & Technology (ANERT) will execute the project in a Trivandrum Hospital. This pilot project will be executed under the Smart City Programme for Thiruvananthapuram. The […] Read more
SCCL Plans FDRE Tender for 500MW RE Power, Seeks Consultants Updated On Mon, Sep 23rd, 2024 by Saurenergy Telangana-based Singareni Collieries Company Limited (SCCL) is now mulling to issue a tender for procurement of 500 MW of renewable power through a Firm and Dispatchable Renewable Energy (FDRE) tender. It has now issued a tender seeking consultants for preparing a Detailed Project Report (DPR) on the same. The proposal said that the works relate […] Read more
US-India Launch $1 Bn Initiative To Build Clean Supply Chains Updated On Mon, Sep 23rd, 2024 by Saurenergy The United States (US) and India elevate and expand bilateral technical, financial, and policy support to enhance the complementary manufacturing capacity of clean energy technologies and components. This policy also lays the groundwork for enhanced cooperation and partnerships in Africa. The Strategic Clean Energy Partnership, led by the US Department of Energy and Indian government […] Read more
Hybrid Inverters Allowed Under PM Surya Ghar Scheme: MNRE Updated On Mon, Sep 23rd, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently released a document clarifying operational guidelines on the implementation of the PM Surya Ghar: Muft Bijli Yojana. The new clause widened the technologies included under the CFA offered to residential consumers. The new clause as per the latest document issued by the MNRE included additional technologies […] Read more
ICRA Sees FDRE, RTC Projects As Key Drivers Of India’s RE Growth Updated On Mon, Sep 23rd, 2024 by Saurenergy A recent report by the Investment Information and Credit Rating Agency (ICRA) foresees a rise in renewable energy capacity in the next six years in India. It is estimated that the share of renewable energy (RE), plus large hydro, in all-India electricity generation, will increase to over 35% in FY2030 from 21% in FY2024. ICRA […] Read more
CEA Approves 2.5 GW Of PSP Projects In Maharashtra Updated On Mon, Sep 23rd, 2024 by Saurenergy The Central Electricity Authority (CEA) has announced concurring two more Pumped Storage Projects (PSPs) in Maharashtra namely-1500 MW Bhavali PSP being developed by JSW Energy Ltd. and 1000 MW Bhivpuri PSP being developed by Tata Power Co. Ltd. These PSPs are concurred with the support of the Central Water Commission (CWC), Geological Survey of India […] Read more
Sunsure, Kirloskar Sign PPA For 13.5 MWp Solar Project Updated On Fri, Sep 20th, 2024 by Saurenergy Sunsure Energy signed a 13.5 MWp solar Open Access Power Purchase Agreement (PPA) with Kirloskar Brothers Limited (KBL), one of the global companies engaged in fluid management solutions. Under this agreement between Sunsure Energy, a renewable energy solutions provider, and Kirloskar Brothers Limited (KBL), Sunsure Energy will supply nearly 2 crore units of green power […] Read more
