IREDA Signs MoUs With Union Bank, Bank of Baroda To Finance RE Projects Updated On Wed, Sep 6th, 2023 by Saurenergy The Indian Renewable Energy Development Agency Ltd. (IREDA) has signed Memorandums of Understanding (MoUs) with Union Bank of India (UBI) and Bank of Baroda (BoB) on September 5, 2023. The central government utility said these agreements would empower IREDA to collaborate with UBI and BoB in co-lending and loan syndication for a wide range of […] Read more
India On A Right Track Towards Net-Zero But Need Finances: Report Updated On Wed, Sep 6th, 2023 by Saurenergy A new report by Brusels-based think tank Strategic Perspectives compared the performance of five major economies- US, China, EU, India and Japan on zero carbon technologies. The report compared the performance of these five major economies on manufacturing, deployment and investment in key decarbonization technologies like renewable energy, and electric vehicles (EVs), as well as the […] Read more
IREDA & IIFCL Unite for Financing of Renewable Energy Projects Updated On Tue, Sep 5th, 2023 by Saurenergy A Mini Ratna (Category – I) Government of India enterprise under Ministry of New and Renewable Energy, Indian Renewable Energy Development Agency Ltd., (IREDA) has joined hands with India Infrastructure Finance Co. Ltd (IIFCL). The MoU signed between the two entities will pave the for the financing of renewable energy projects. IREDA and IIFCL will […] Read more
Solar Startup Ellipsol Raises Rs 2.5 cr Seed Funding Updated On Tue, Sep 5th, 2023 by Saurenergy Ellipsol, a next-generation solar company developing path-breaking solar energy solutions, has raised rupees 2.5 crore in a seed funding round led by Capital A. The funding round also saw the participation of the Grand Anicut Fund. Other individuals also contributed to the funding round. Ellipsol’s site, that is yet to open formally, promises 2X the […] Read more
RERC Approves Amended Norms On RE Tariff Determination Updated On Tue, Sep 5th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), in its latest suo motu order, notified the first amendment to the tariff determination regulations for renewable energy. It came after the Commission received responses from the stakeholders over its draft regulation on the issue. The new regulation has been named RERC (Terms and Conditions for Tariff Determination from Renewable […] Read more
GUVNL Gets Nod For Short-Term Power Procurement For Winters Updated On Tue, Sep 5th, 2023 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has now got approval for short-term procurement from conventional energy sources to counter the peak demands between September to December this year. The Gujarat Electricity Regulatory Commission (GERC) recently approved the plan of the GUVL. GUVNL, in its petition before the GERC, told the Commission that anticipated peak demand for […] Read more
NLCIL Solicits Bids for 70.5 MW Solar Modules Updated On Tue, Sep 5th, 2023 by Saurenergy Lignite mining firm NLC India (NLCIL) has solicited bids for the acquisition of 70.5 MW of solar modules for a project established on rehabilitated land within the Mine-II region in Neyveli, Tamil Nadu. The scope of work entails module production, delivery, packaging, forwarding, and transportation to the designated site. The solar photovoltaic modules must meet […] Read more
GoodWe’s Customer Outreach Series Gets Strong Response in Hyderabad Updated On Tue, Sep 5th, 2023 by Saurenergy GoodWe has announced the successful culmination of its fourth customer meet in Hyderabad. As part of an ongoing series of events across various cities in India, this customer-centric initiative reinforces GoodWe’s commitment to fostering strong relationships with its valued customers and stakeholders. The event was supported by Evervolt Green Energy Pvt Ltd, a key distribution […] Read more
NTPC Invites Bids for Supply of Solar PV Modules for 1.255 GW Khavda Solar Project Updated On Tue, Sep 5th, 2023 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), the renewable energy firm of India’s largest energy conglomerate, NTPC Limited, has issued a tender for the supply of solar PV modules for the 1.255 GW Khavda Solar Project in Gujarat. Manufacturers who are interested will be responsible for transporting 1,584.6 MW of crystalline solar PV bifacial modules with […] Read more
