9 EV Financing Startups in India Accelerating EV adoption Updated On Fri, Jul 21st, 2023 by Saurenergy The electric vehicle (EV) revolution in India is gaining momentum, driven by technological advancements, environmental consciousness, and government initiatives. With growing awareness of its benefits, electric vehicles (EVs) are emerging as a promising choice for prospective vehicle buyers. In the first half of CY2023, the EV sales crossed the 100,000-unit mark on average each month, […] Read more
CleanMax Commissions 400 MW Wind Solar Hybrid Plant in Gujarat Updated On Fri, Jul 14th, 2023 by Saurenergy Renewable energy firm in the C&I (commercial and industrial) sector, CleanMax has commissioned a 400 MW solar-wind hybrid project in Gujarat. The project, which began last year, has completed the commissioning of the project in a period of 14 months. In the hybrid project, wind claims a slightly higher share as against solar, informs the […] Read more
GUVNL Issues Tender for 600 MW Solar Capacity with Greenshoe Option Updated On Wed, Jul 5th, 2023 by Saurenergy Gujarat Urja Vikas Nigam Ltd (GUVNL) has issued a tender for the purchase of power via competitive bidding process followed by reverse e-auction from 600 MW grid connected solar photovoltaic power projects to be set up in GIPCL’s (Gujarat Industries Power Company Ltd) solar park at Khavda, Gujarat with greenshoe option of additional capacity upto […] Read more
NHPC in MoU with GRIDCO for 2 GW Pumped Storage, 1 GW Solar in Odisha Updated On Mon, Jun 26th, 2023 by Saurenergy Hydropower developer NHPC Ltd, has entered into an MoU (Memorandum of Understanding) with Grid Corporation of Odisha (GRIDCO). The agreement will pave the way for the development of pumped storage and renewable energy projects in Odisha. As per the agreement, pumped storage projects of a minimum of 2 GW and renewable energy projects that shall […] Read more
Westbridge Gets Approval To Build 270 MWac Solar PV, 200 MWh BESS Updated On Wed, Jun 7th, 2023 by Saurenergy Westbridge Renewable Energy Corporation has announced that it has obtained Power Plant and Battery Energy Storage System approval and a Substation Permit and License for the Rose Lynn 1072S Substation from the Alberta Utilities Commission (AUC). The project is called Sunnynook Solar + Energy Storage Project. The permission has been sought by the majority owned […] Read more
Gautam Solar Contracts Jinchen to Double Solar Module Capacity to 1 GWp Updated On Mon, May 29th, 2023 by Saurenergy Solar panel manufacturer, Gautam Solar, has collaborated with Chinese high tech enterprise Jinchen with the objective of increasing its production of solar modules. An agreement has been signed at the 16th International Conference and Exhibition on Photovoltaic Power Generation and Smart Energy (SNEC) that is being held in Shanghai, China. Under the terms of the […] Read more
Spanish IPP Opdenergy Transfers All Bruc Projects for 1,101MW Cumulative Capacity Updated On Mon, May 15th, 2023 by Saurenergy Renewable energy firm Bruc has completed the acquisition of eight new solar PV power generation plants from independent renewable energy producer Opdenergy with a cumulative capacity of 444 MW. This transaction is part of the agreement reached between Bruc and Spanish Independent Power Producer (IPP) Opdenergy in August 2021 for the sale and purchase of 20 solar […] Read more
Verizon Materialises $1 Billion Bond For Renewable Energy Projects Updated On Thu, May 11th, 2023 by Saurenergy Telecom major Verizon Communications has announced to have settled its fifth green bond offering of $1 billion. The New York headquartered firm said that the net proceeds of the funds are expected to be allocated entirely toward renewable energy investments. The objective to invest in renewables is to accelerate the transition towards green electrical grids […] Read more
RERC Proposes Regulation Changes For Rajasthan’s Net-Meter Consumers Updated On Fri, May 5th, 2023 by Saurenergy The Rajasthan State Electricity Regulatory Commission (RERC) recently issued its draft Regulation for Grid Interactive Distributed Renewable Energy Generating Systems, where it has sought changes in some norms related to its net-meter consumers. The Commission has now asked the public and other stakeholders to send in their suggestions on the draft regulation by May 26, 2023. The […] Read more
