Avaada Energy Secures Rs 597 Crore Refinancing for PV Projects Updated On Wed, Oct 16th, 2024 by Saurenergy Avaada Energy, a subsidiary of the Avaada Group, has secured Rs 597 crore ($71.1 million) in refinancing for its commercial and industrial (C&I) solar projects. These projects are located in Karnataka and Maharashtra. The refinancing was provided by NIIF Infrastructure Finance Limited (NIIF IFL), an infrastructure debt fund focused on refinancing operational infrastructure projects. Avaada’s […] Read more
International Sales Manager Updated On Tue, Oct 15th, 2024 by Saurenergy Build Export Vertical- International Business (USA-AFRICA) Develop distribution network of channel partners Exhibition of Loom Solar Products in USA/African Market What we need ? Ability to identify buyers, negotiate and finalize business contracts Identify and secure partnerships with qualified distributors in key markets globally. Expert in proposal/quotations preparation and identify deviation Oversee international marketing activities, […] Read more
Tata Steel Using Multiple Options To Boost Use Of RE: Probal Ghosh Updated On Tue, Oct 15th, 2024 by Saurenergy 1. What are the major works you are doing towards shifting to renewable energy for your operations? Integrated Steel plants are power intensive and require huge quantum of power. Currently, the standard BF-BOF route of making steel is in operation and the by-product gases generated in the process are utilised for meeting many heating purposes […] Read more
Q2 Results: IREDA Reports 36% Jump In Net Profits Updated On Fri, Oct 11th, 2024 by Saurenergy The Indian Renewable Energy Development Agency Limited (IREDA) has announced its financial results for the second quarter (Q2) of FY25, showing growth in both revenue and net profits on a quarterly and annual basis. The company reported total revenue of Rs 1,629.54 crore in Q2 FY25, compared to Rs 1,510.27 crore in Q1 FY25 and […] Read more
MNRE To Fund Innovative Technologies Under PM Surya Ghar Updated On Thu, Oct 10th, 2024 by Saurenergy To further support the development of innovative projects under PM Surya Ghar: Muft Bijli Yojna, the Ministry of New and Renewable Energy (MNRE) has issued latest guidelines laying down new norms under the ‘Innovative Projects’ component of the scheme. The objectives of the Innovative Projects for Rooftop Solar are: a. To identify and fund new […] Read more
West Bengal Proposes Allowing Net-Metering Only Upto 500 Kw Updated On Wed, Oct 9th, 2024 by Saurenergy Unlike several state power regulators which allowed net-metering for higher capacities, the West Bengal Electricity Regulatory Commission (WBERC) has proposed allowing net-meter for rooftop solar only upto 500 MW of capacities. This is in contrast to states like Rajasthan, Gujarat and others which have allowed net-metering for rooftop solar consumers upto 1 MW capacities. The […] Read more
Odisha Clears Rs.4,671 Cr Investment For 749.9 MW Renewable Projects Updated On Tue, Oct 1st, 2024 by Saurenergy Single Window Committee (SWC) of Odisha’s Energy Department granted in-principle approval for renewable energy projects worth Rs.4,671.81 crore. A major decision, the move helps to advance the state toward a green energy future. The approvals were granted in the 7th meeting of SWC. The total capacity of the renewable energy projects approved is 749.9 MW. […] Read more
The Australia Experience: How Energy Storage is Transforming National Grids Updated On Mon, Sep 30th, 2024 by Saurenergy Energy storage has undeniably emerged as a critical component in the growth of solar energy. For much of the last decade, high installation costs and the intermittent nature of renewable energy sources were major barriers to wider adoption. However, advancements in technology and government subsidies have significantly reduced these costs, with increased competition and production […] Read more
MAHAPREIT and NTPC Sign RE Projects Worth 10 GW Updated On Fri, Sep 27th, 2024 by Saurenergy NTPC Green Energy Ltd (NGEL) is a wholly owned subsidiary of NTPC Ltd, under which a joint venture agreement was signed with Mahatma Phule Renewable Energy and Infrastructure Technology, MAHAPREIT. Together, the two firms are set to develop 10 GW of renewable energy parks and projects in the state of Maharashtra or other states in […] Read more
