Solar Tech Startup Zunroof Raises $3 Mn in Second Round of Funding from Godrej Updated On Mon, Mar 16th, 2020 by Saurenergy After USD 1.2 million investment from Godrej family office in a pre-series A round in April last year, Gurgaon-based startup ZunRoof Tech Private Limited (Zunroof) on Monday now received a follow on Series A funding of about USD 3 million in the second round of investment by the family office. The company aims to use […] Read more
‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees Updated On Mon, Mar 16th, 2020 by Saurenergy The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […] Read more
Radite Energy’s Pawan Pandey Starts Fresh Entrepreneurial Journey Updated On Fri, Mar 13th, 2020 by Saurenergy Pawan Pandey, one of the three co-founders at Radite Energy, an EPC player that has worked with established developers like Azure Power and others, has decided to start afresh with his own startup in the space. The firm was started in 2015 by Pawan and his co-founders. Pandey, who played an instrumental role in the […] Read more
Green Energy Projects Received Rs 1.34 lakh Crore in Investments Over last 3 years Updated On Thu, Mar 12th, 2020 by Saurenergy Green energy projects have attracted investments of about Rs 1.34 lakh crore between April 2017 and January 2020, the Parliament was informed by RK Singh. Green energy projects have attracted investments of about Rs 1.34 lakh crore between April 2017 and January 2020, Parliament was informed on Thursday. “Based on standard capital cost per MW, an […] Read more
Railway’s Petition Regarding 14 MW Rooftop PV Projects Dismissed Updated On Thu, Mar 12th, 2020 by Saurenergy GERC has dismissed the petition filed by the Western Railway requesting relaxation in Gujarat’s net metering regulations. The Gujarat Electricity Regulatory Commission (GERC) has in its latest order has dismissed the petition filed by the Western Railway requesting the commissions’ involvement in granting relaxation in the state’s net metering regulations. The petition was filed against […] Read more
REIL Tenders for 3.6 MW Rooftop Solar Projects in Bhopal Updated On Wed, Mar 11th, 2020 by Saurenergy REIL has issued a tender for setting up 3.6 MW grid-connected rooftop solar PV projects in Mandideep, Bhopal Rajasthan Electronics & Instruments Limited (REIL) has issued a tender, inviting bids from interested bidders for setting up 3.6 MW grid-connected rooftop solar PV projects in Mandideep, Bhopal (Madhya Pradesh). The scope of work for the selected […] Read more
REIL Tenders for 3.5 MW Solar Power Plants in Maharashtra Updated On Mon, Mar 9th, 2020 by Saurenergy REIL has issued a tender for setting up of solar PV based power plants with capacities ranging from 500 kWp to 2 MWp in the state of Maharashtra. Rajasthan Electronics & Instruments Limited (REIL) has issued a tender, inviting sealed bids from interested bidders for setting up of solar PV based power plants with […] Read more
Solar Cells in Focus as DGTR Initiates Review of Safeguard Duty Updated On Fri, Mar 6th, 2020 by Saurenergy Following a representation by Indian manufacturers of solar cells, the Directorate General of of Trade Remedies(DGTR) has started a review of the Safeguard Duty(SGD) that was put into place in 2018, on imports of solar cells, mostly targeting China. A review in this case would typically cover the effectiveness of the SGD that was imposed […] Read more
Record Amount of Wind Turbine Capacity Ordered Globally in 2019 Updated On Fri, Mar 6th, 2020 by Saurenergy 2019 saw nearly 100 GW of global wind turbine order capacity, shattering the previous record set in 2018, according to a new analysis. 2019 saw nearly 100 GW of global wind turbine order capacity, shattering the previous record set in 2018, according to a new analysis from Wood Mackenzie. As noted in the report, ‘Global […] Read more
