NHPC Collaborates With Norwegian Firm To Develop Floating Solar Updated On Tue, Apr 30th, 2024 by Saurenergy NHPC recently signed a Memorandum of Understanding (MoU) with a Norway-based company Ocean Sun. Through this collaboration, the Norwegian technology provider would support India in building floating solar projects. In a social media post, the company announced it would explore key areas of cooperation for the demonstration of Ocean Sun’s floating solar energy technology. The […] Read more
India Sees Steepest Rise Of Solar, Coal Follows The Race Updated On Mon, Apr 29th, 2024 by Saurenergy Renewable energy capacities in India especially solar seem to have received an impetus in the first quarter of 2024 (January-March). As per the analysis of the International Energy Economics and Financial Analysis (IEEFA) the highest additions of new capacities of fuels in India were seen from the solar sector, followed by coal projects. IEEFA in […] Read more
NHPTL Signs JV Agreement To Infuse Funds To Six Parties Updated On Wed, Apr 24th, 2024 by Saurenergy A recent joint venture (JV) agreement was signed between National High Power Test Laboratory Pvt. Ltd., (NHPTL) viz. National Thermal Power Corporation (NTPC), National Hydroelectric Power Corporation (NHPC), POWERGRID, Damodar Valley Corporation (DVC) and Central Power Research Institute (CPRI) as a revival plan which comprised of equity transactions between shareholders. This agreement was based on […] Read more
SECI Issues Bid For 20 MW Solar Plant With BESS In Leh Updated On Tue, Apr 23rd, 2024 by Saurenergy Solar Energy Corporation of India (SECI) has issued a tender inviting bids for design, engineering, supply, construction, erection, testing, commissioning, and operation and maintenance (O&M) of a 25 MW solar power project with a 20 MW/50Mh battery energy storage system at Taru, Leh in Ladakh. According to the tender document issued by SECI, the scope […] Read more
Premier Energies To Seek Rs 1500 Crore In IPO Soon Updated On Mon, Apr 22nd, 2024 by Saurenergy Premier Energies Limited, India’s second largest integrated solar cell and solar module manufacturer (in terms of annual installed capacity of 2 GW and 3.36 GW, respectively as per a Frost & Sullivan Report), as of March 31, 2024, has filed the draft red herring prospectus (DRHP) with capital markets regulator, SEBI to raise more than […] Read more
Avaada Energy Secures Rs 4,471 Cr Refinancing For Rajasthan Solar Projects Updated On Fri, Apr 19th, 2024 by Saurenergy Avaada Energy, the renewable energy arm of Avaada Group, has announced the successful closure of one of the largest refinancing transactions in India’s renewable energy sector, securing about Rs 4,471 crore from the state-owned lender, the National Bank for Financing Infrastructure and Development (NaBFID). This refinancing transaction, conducted under a Restricted Group (RG) structure, encompasses […] Read more
POWERGRID To Evacuate 18 GW Power From Gujarat, Rajasthan Plants Updated On Fri, Apr 19th, 2024 by Saurenergy Power Grid Corporation of India, POWERGRID, has announced that it has won the contracts to establish three inter-state transmission systems (ISTS) projects on a build, own, operate, and transfer (BOOT) basis to evacuate 18 GW of power from several plants based in Rajasthan & Gujarat. These projects include a Transmission System for the evacuation of […] Read more
India To Have 122GW Installed Wind Capacity By 2032: GWEC Report Updated On Thu, Apr 18th, 2024 by Saurenergy India is expected to more than double its onshore wind and solar PV capacity by 2028 and achieve its milestone of 50% non-fossil fuel generation before 2030, according to the Global Wind Report by the Global Wind Energy Council. As far as wind energy is concerned, the GWEC report shed light on the country’s wind […] Read more
Hartek Group Secures Rs 474 Crore Solar Project In Rajasthan Updated On Wed, Apr 10th, 2024 by Saurenergy Hartek Group has announced it has bagged the EPC contract bagged at a value of Rs 474 Crore. The large turnkey order, awarded by a prominent global renewables IPP underscores Hartek Group’s leading position in the industry encompassing the entire project lifecycle. The project entails the development of a sprawling 300MW ground-mount solar PV power […] Read more
