Amara Raja Infra Wins Greenko’s 700MWp Solar Project Updated On Mon, Apr 22nd, 2024 by Saurenergy Amara Raja Infra Private Limited (ARIPL), part of the $1.75 billion Amara Raja Group, has achieved a significant milestone in its journey in the renewable energy sector by securing a solar BoS project of 500MW/700MWp from Greenko. The project, spanning across a 2,200-acre site near Uyyalavada Town, Kurnool District, Andhra Pradesh, marks ARIPL’s largest capacity […] Read more
Hyundai Motor, Matrix Sign PPA To Power 174-MW EV Plant In US Updated On Mon, Apr 22nd, 2024 by Saurenergy Hyundai Motor Group recently signed a 174-Megawatt Power Purchase Agreement (PPA) with Spain’s Matrix Renewables. With their solar energy project, they can power their electric vehicle (EV) plant in the United States (US) with renewable energy. The South Korean car manufacturer Hyundai Motor signed a 15-year PPA with Matrix Renewables-led stillhouse solar project which is […] Read more
Bihar Set To Expand Its Network Of Floating Solar Plants Updated On Mon, Apr 22nd, 2024 by Saurenergy Bihar, one of the renewable deficit regions in India is now working on alternative plans to boost its renewable energy mix. The state has now pinned hopes on the potential of its water bodies to generate electricity. The eastern Indian state which already has worked to develop floating solar plants in Darbhanga and Supaul high […] Read more
PM Surya Ghar: Elections Defer Timely Disbursement Of Rooftop Solar Subsidies Updated On Mon, Apr 22nd, 2024 by Saurenergy The ongoing elections in the state country seem to have deferred the timely disbursement of central subsidies under the PM Surya Ghar scheme. Prime Minister Narendra Modi earlier this year announced PM Surya Ghar Muft Bijli Yojana with a target to reach out to 1 crore households. The revamped scheme, dedicated to the residential rooftop […] Read more
Sterling & Wilson Marks Complete Turnaround In Q3 Fy24 With Profits Updated On Sun, Apr 21st, 2024 by Saurenergy Publicly listed renewable energy company Sterling & Wilson has released its financial results for the Fourth Quarter (Q4) and FY24. The annual and quarterly results were shared by the firm with the Bombay Stock Exchange (BSE) in its public disclosure. The company reported a net profit of Rs 1.40 crore in Q4 of FY24. The […] Read more
Statkraft To Provide Wind, Hydro Energy To German Railway Company Updated On Fri, Apr 19th, 2024 by Saurenergy Statkraft will supply green electricity from hydropower directly to Deutsche Bahn from its two run-of-river power plants in Langwedel and Landesbergen in Lower Saxony, Germany from 2027 to the end of 2034. Over the 8-year contract term, the Norwegian energy company will supply a total of just over 350,000 MWh of green electricity as a […] Read more
Everything You Wanted To Know About India’s Biggest Rooftop Solar Scheme Updated On Fri, Apr 19th, 2024 by Saurenergy Made For, Of and By India One of the biggest aspects of the PM Surya Ghar Scheme is the focus on mass markets, by limiting subsidies to systems upto 3kW in size. It is also meant to be a catalyst for India’s domestic manufacturing base for solar equipment, which has struggled to counter Chinese imports […] Read more
Growatt Brings Tailored Products For SAARC Nations Updated On Fri, Apr 19th, 2024 by Saurenergy Growatt has been offering a comprehensive range of products tailored to the specific needs of SAARC countries. The portfolio covers PV inverters, energy storage products, EV chargers, and smart energy management systems, suitable for residential, commercial and industrial (C&I), and utility-scale applications. Growatt’s inverters are certified with an IP65 protection level or higher, ensuring their […] Read more
Avaada Energy Secures Rs 4,471 Cr Refinancing For Rajasthan Solar Projects Updated On Fri, Apr 19th, 2024 by Saurenergy Avaada Energy, the renewable energy arm of Avaada Group, has announced the successful closure of one of the largest refinancing transactions in India’s renewable energy sector, securing about Rs 4,471 crore from the state-owned lender, the National Bank for Financing Infrastructure and Development (NaBFID). This refinancing transaction, conducted under a Restricted Group (RG) structure, encompasses […] Read more
