SECI Seeks Proposal To Finance 300 MW Solar Project In Andhra Updated On Thu, Dec 5th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now sought proposals from banks and financial institutions. The government entity plans to use this financing to fund its upcoming 300 MW solar project at Ramagiri in Andhra Pradesh. The Central Public Sector Enterprise (CPSE) has planned to procure a Rs 1000 crore term loan for this. […] Read more
Gujarat, Maharashtra Top In PM-KUSUM (Comp-C): Data Updated On Thu, Dec 5th, 2024 by Saurenergy The latest government data revealed that Gujarat and Maharashtra topped the list under Component C of the PM-KUSUM scheme. The scheme is aimed at solarising existing agricultural pumps and feeders. Minister of State (MoS) for New and Renewable Energy Shripad Yesso Naik recently submitted data on the scheme’s implementation in a written reply to the […] Read more
Glow Raises USD 30 Mn From Union Square Ventures To Expand Biz Updated On Wed, Dec 4th, 2024 by Saurenergy Glow, an Ethereum-based solar company secured USD 30 million in funding from venture capital firms Framework and Union Square Ventures. This funding aims to expand Glow’s operations into new markets, further develop blockchain solutions for renewable energy. Glow uses blockchain to create a Decentralized Physical Infrastructure Network (DePIN), linking solar farms and creating an efficient […] Read more
Mufin Green Finance Targets ₹500 Crore To Fund Solar Projects Updated On Wed, Dec 4th, 2024 by Saurenergy Mufin Green Finance, a climate finance solutions provider announced its entry into the solar financing sector. The firm said that it recently undertook the successful closure of its first solar financing transaction. The transaction amounted to ₹3.25 crore. This move marks the company’s expansion beyond electric vehicle (EV) financing. With the rise of need and […] Read more
Hoymiles Promises Efficiency and Extended Warranties To Back its Microinverters And Storage Solutions In India Updated On Wed, Dec 4th, 2024 by Saurenergy Solar energy is advancing on an unprecedented growth trajectory, driven by global decarbonization goals and advances in solar technology. Solar PV installations are expanding rapidly, accounting for three-quarters of the 510 GW of renewable energy added globally in 2023. In India too, the solar push is truly on, as the world’s third largest solar market […] Read more
Top 5 Reasons Why Shifting Electricity Across Continents Remains A Challenge Updated On Wed, Dec 4th, 2024 by Saurenergy From relying on oil and gas-based power to adopting renewable energy, the uneven spatial distribution and temporal variability of energy sources have historically favoured certain countries and continents over others. Transcontinental energy pools aim to address this disparity by distributing renewable energy to regions less fertile for harnessing these modern energy sources from the regions […] Read more
60 GW Of PSP Projects Under Survey, Minister Tells Parliament Updated On Tue, Dec 3rd, 2024 by Saurenergy The latest update from the Ministry of New and Renewable Energy (MNRE) indicates that major pumped storage projects (PSPs) spread across nine states have a combined installed pumped storage potential of approximately 181.4 GW in the country. Parliamentary data shared by the Minister of State for New and Renewable Energy and Power, Shripad Yesso Naik, […] Read more
GUEST COLUMN: Understanding Ground-Mount Solar Systems Updated On Tue, Dec 3rd, 2024 by Saurenergy By-Shreyas Gowda A ground-mount project is a solar system installed on land rather than a rooftop, such as a concrete floor or a metal sheet. It comprises an array of photovoltaic modules supported by a module mounting structure (MMS). The panels convert sunlight into direct current (DC), the current is transferred to the inverter through […] Read more
Jharkhand: DVC Opens Bid To Build 234 MW Floating Solar Project Updated On Tue, Dec 3rd, 2024 by Saurenergy Damodar Valley Corporation (DVC) recently released a tender to build a 234 MW grid-tied floating solar PV (FSPV) plant. This project is located on DVC’s Maithon Dam Reservoir at Maithon Jharkhand. The project included a 10-year comprehensive Operations and Maintenance (O&M). The last date for bid submission is 7th January 2025. The DVC tender said […] Read more
