Budget 2024: CareEdge Ratings Bats For More Support For Renewables Updated On Fri, Jul 19th, 2024 by Saurenergy CareEdge Ratings in its latest report on Budget expectations talked about the need to reduce the Goods and Services tax (GST) on renewable energy components upto 5 percent to boost the sector. This comes days before the announcement of the Union Budget by Finance Minister Nirmala Sitharaman. CareEdge in its report talked about the need […] Read more
What The Renewable Industry Expects From Union Budget? Updated On Fri, Jul 19th, 2024 by Saurenergy Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […] Read more
July 16 News In Brief: SunCable’s 20 GW Project, TotalEnergies and SSE JV, Jinko’s 150 MW Deal Updated On Tue, Jul 16th, 2024 by Saurenergy TotalEnergies, SSE In JV For EV Charging In UK & Ireland TotalEnergies and SSE have signed a binding agreement to create a joint venture to establish a new major player in EV charging infrastructure in the UK and Ireland, under the brand “Source”. The new business will deploy in both countries up to 3000 high […] Read more
China Overcapacity ‘Overrated’, Say China Researchers Updated On Tue, Jul 16th, 2024 by Saurenergy Ju Jiandong, Director of the Center for International Finance and Economic Research at PBC School of Finance at Tsinghua University and Feng Lu, Assistant Researcher with the Center for International Finance and Economic Research at PBC School of Finance at Tsinghua University make the case that overcapacity in the green energy sector is a temporary […] Read more
Alpex Solar Appoints Gaurav Bector As Global EPC Head Updated On Fri, Jul 12th, 2024 by Saurenergy Listed Solar manufacturing and EPC firm Alpex Solar’s has plans to expand its footprint in overseas markets through its EPC business. To support this push, it has appointed Gaurav Bector as the Global Head of EPC (Engineering, Procurement, and Construction). Gaurav was previously General Manager (ME&A) of Dubai based Qlite FZC and has over 30 […] Read more
Serentica’s 180 MW PV Plant Powers Hindustan Zinc Project In Rajasthan Updated On Fri, Jul 12th, 2024 by Saurenergy Hindustan Zinc, an integrated zinc producer owned by the Vedanta Group, commenced the first phase of renewable energy integration from Serentica Renewables, the C&I-focused renewable energy firm in India. Renewable energy is being utilized for Hindustan Zinc’s operational business units in Rajasthan. This initiative aims to support the company in decarbonizing its operations. Hindustan Zinc […] Read more
REC Gets $200 Mn Loan From Deutsche Bank To Finance RE Projects Updated On Thu, Jul 11th, 2024 by Saurenergy REC recently secured a green loan of JPY 31.96 billion which is equivalent to $200 million to finance green projects in India. The green loan transaction was conducted by Deutsche Bank AG, through its GIFT City branch. For REC, the public financial institution, the facility is also positioned as one of the first JPY-denominated green […] Read more
Juniper Secures 480 MW Hybrid PPAs From GUVNL And NTPC Updated On Wed, Jul 10th, 2024 by Saurenergy Juniper Green Energy signed two Power Purchase Agreements (PPAs) for hybrid renewable energy projects with a total capacity of 480 MW. These PPAs were signed with two companies namely GUVNL and NTPC. The company said, “GUVNL Hybrid Phase 1 of the project marks the first hybrid initiative with Gujarat Urja Vikas Nigam Limited (GUVNL), featuring […] Read more
Godrej Electricals Commissions 12.5 MWp Solar Project In Madhya Pradesh Updated On Tue, Jul 9th, 2024 by Saurenergy Godrej & Boyce’s commercial unit, Godrej Electricals & Electronics, recently commissioned a 12.5 MWp (Megawatt peak) rooftop solar project for a textile mill in Madhya Pradesh. This solar installation is part of one of the three large projects, which spans 1 million square feet of massive manufacturing sheds. This project would allow the textile plant […] Read more