State Bank of India Floats Fund for Solar Power Projects Updated On Tue, Oct 31st, 2017 by Saurenergy SBI has funded 43 rooftop solar power projects with the capacity of 475MW by availing line of credit from World Bank. State Bank of India has signed an agreement with seven companies for funding rooftop solar power projects. The seven companies include Adani Group, JSW Energy, Hinduja Renewables, Tata Renewables Energy, Azure Power, Cleantech Solar […] Read more
POWER TO P E O P L E Updated On Mon, Oct 9th, 2017 by Saurenergy Uttar Pradesh(UP) isn’t just known to be a political game changer in the Indian history, but the state with a hefty population of 204.2 million on a vast land area of 243,286 km², is the most potentially budding yet the least exploitative solar hotspot in the country. It has a brilliant solar radiation of an […] Read more
Govt Awards Reliance 10GWh ACC Battery Capacity Under PLI Updated On Thu, Sep 5th, 2024 by Saurenergy The Ministry of Heavy Industries (MHI) has now announced the selection of successful bidder under the Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC) Battery Storage. Reliance Industries Limited has been awarded 10 GWh ACC capacity under Production Linked Incentive (PLI) scheme based on QCBS mechanism. This initiative is another step towards enhancing […] Read more
Corporate India Lagging Behind In RE Adoption: Report Updated On Tue, Jul 30th, 2024 by Saurenergy India’s leading companies are dragging their feet when it comes to meeting the country’s ambitious renewable energy and decarbonisation goals, according to analysis by think tank Climate Risk Horizons (CRH). The industrial sector accounts for more than half of India’s energy consumption, making corporate action essential to the government’s decarbonisation efforts. In a report titled […] Read more
SECI’s FDRE Tender Breaks New Ground With sub 5 Tariff at Rs 4.98/unit Updated On Fri, Jul 26th, 2024 by Saurenergy In a historic moment, the country has witnessed awarding of Firm and Dispatchable Renewable Energy (FRDE) contracts at tariffs as low as Rs 4.98 per unit. This came in response to a tender issued by the Solar Energy Corporation of India (SECI) for a 630 MW of FDRE power. The move is likely to boost […] Read more
GUVNL Awards Gensol 250 MW/500 MWh BESS Project Updated On Wed, Jun 12th, 2024 by Saurenergy Gujarat-based, state electricity regulation board Gujarat Urja Vikas Nigam Limited (GUVNL) declared Gensol Engineering as the lowest bidder for the project in a energy storage tender issued by them. The EPC company emerged as the lowest bidder for its 250 MW/500 MWh standalone battery energy storage systems (BESS) project. GUVNL released the tender for this […] Read more
Avaada Group Secures Rs 315 Cr Financing For Karnataka Solar Project Updated On Wed, May 29th, 2024 by Saurenergy The renewable energy arm of Avaada Group, Avaada Energy, has announced that it has closed the financing of about Rs 315 crore from Aseem Infrastructure Finance Limited (AIFL), an IFC (Infrastructure Finance Company), said the company statement. The company has secured financing for its solar PV power project being developed under a long-term captive Power […] Read more
Solar Decathlon India 2023-24 Challenge Winners Announced Updated On Mon, May 20th, 2024 by Saurenergy Solar Decathlon India (SDI), aimed at building the next generation of leaders to combat climate change in India, is an annual student competition for undergraduate and postgraduate students from Indian academic institutions to develop innovative, net-zero energy-water and climate-resilient solutions for the building sector in India. The final event was held at Infosys’ campus in […] Read more
Chitradurga, Bellary Emerge As New RE Hotspots In Karnataka Updated On Thu, May 16th, 2024 by Saurenergy Karnataka is among the leading renewable-rich states in India. It is also touted as one of the earliest adopters of green energy. As per the latest data from the Ministry of New and Renewable Energy (MNRE), Karnataka ranks third in India when it comes to total solar capacities. Till April 2024, the southern Indian state […] Read more
