ADB Invests $10 Mn For Climate Tech Innovation In Sub-Saharan Africa Updated On Thu, Dec 19th, 2024 by Saurenergy The African Development Bank (ADB) recently announced a $10 million investment from its Sustainable Energy Fund for Africa (SEFA) into the Persistent Africa Climate Venture Builder Fund (ACV Fund). This funding envisions propelling climate technology entrepreneurship across Sub-Saharan Africa. This catalytic investment aims to unlock $70 million in funding for African climate-focused ventures. The ACV […] Read more
Prozeal, Kintech & SAEL Secure GUVNL’s 500 MW Solar Auction Updated On Thu, Dec 19th, 2024 by Saurenergy GUVNL recently announced seven winners of its 500 MW grid-connected solar power projects with an additional 500 MW greenshoe option. Under its Phase XXV auction, it allocated bids to S.B.B. Mouldings, Kintech Synergy, Enertech Fuel Solutions, Prozeal Green Energy, Ausom Enterprise, Drashta Green Power, and SAEL Industries. The tender for this project was released in […] Read more
Wafer Process: Reliance-Backed NexWafe GmbH Announces Breakthrough Updated On Thu, Dec 19th, 2024 by Saurenergy NexWafe GmbH (NexWafe) has announced significant breakthroughs in its solar wafer manufacturing technology. The firm seeks to make ultra-thin, high-efficiency, monocrystalline, low-carbon footprint solar wafers with an energy footprint 40% lower than conventional wafer making. The German company achieved cell efficiencies equivalent to Czochralski (CZ) wafers in a production environment, marking a major milestone. Additionally, […] Read more
High Solar Cell Price Can Push Up Tariffs For Developers: CRISIL Updated On Wed, Dec 18th, 2024 by Saurenergy The government’s move to extend the Approved Lists of Models and Manufacturers (ALMM) to solar cells from June 1, 2026, envisions accelerating solar cell manufacturing in India. An analysis by CRISIL Market Intelligence & Analytics estimates domestic capacity can make solar cells more than quadruple to 43-47 GW by June 2026 from 10 GW in […] Read more
Module Technical Lead – Electrical Design Updated On Wed, Dec 18th, 2024 by Saurenergy You will be part of the Module Tech Lead and Integration group, responsible for delivering the complete Low voltage Electrical package, which includes design and development of LV control panels, Cables, Electronics and Sensors used on different applications/sections across the Wind Turbine. You will be deeply involved in the process of Modular Architecture development together […] Read more
Refex, LC Infra Collaborate For 150 MW MAHAGENCO Solar Project Updated On Wed, Dec 18th, 2024 by Saurenergy Tamil Nadu-based Refex Renewables & Infrastructure Limited recently incorporated LC Infra Solar LLP as its new step-down subsidiary. The new entity is designed to build a 150 MW solar power project. Maharashtra State Power Generation Co. Ltd. (MAHAGENCO) awarded this project to Refex. To develop this project, the company established the subsidiary through an initiative […] Read more
Falling Module Prices Trigger 13% Drop In EU Solar Investments: Report Updated On Wed, Dec 18th, 2024 by Saurenergy SolarPower Europe’s latest report highlights the addition of 65.5 GW of solar capacity in the region. Despite a yearly growth of 4.4%, this year’s growth marks the lowest market growth since 2017. However, the slowdown was anticipated following the exceptional surge in 2022 and 2023. The growth during that period was largely driven by soaring […] Read more
NHPC Floats 1.2 GW Wind-Solar Hybrid Tender With Greenshoe Option Updated On Wed, Dec 18th, 2024 by Saurenergy In a bid to procure hybrid power, NHPC recently floated a tender to supply 1,200 MW of power from wind-solar hybrid power projects, with a greenshoe option, The tender also said these projects could be established with or without Energy Storage Systems (ESS) anywhere in India. NHPC set 16th January 2025 as the last date […] Read more
Federal Bank, Ecofy Tie Up For Boosting Rooftop Solar Financing Updated On Wed, Dec 18th, 2024 by Saurenergy Federal Bank has announced partnering with green fintech company Ecofy to offer innovative financing solutions for MSMEs investing in commercial rooftop solar installations. This collaboration marks one of the first comprehensive co-lending partnerships specifically designed to address the unique solar financing needs of the MSME sector, the companies said. The program targets financing 3,600 kW […] Read more