Highlights from Economic Survey for RE Sector in 2021 Updated On Tue, Feb 1st, 2022 by Saurenergy The Economic Survey, which receded the annual budget of the government, is a widely anticipated document, seen more as a sort of white paper on what the government of the day considers its key achievements, and indications of the way ahead. To that extent, the latest Economic Survey document, all 442 pages of it in […] Read more
Azure Power’s $250 million Rights Issue Subscribed 78.4%, Saved By Largest Stakeholders Updated On Fri, Jan 28th, 2022 by Saurenergy Azure Power Global Limited announced today the final results of its previously announced rights offering of $250 million. By the end of the subscription period on January 24, 5:00pm EST, 78.4% of the rights had been exercised, and, accordingly, 12,404,282 newly issued equity shares of the Company were subscribed. The remaining 3,424,635 unsubscribed shares will be […] Read more
SECI Gets Rs 1000 Cr Infusion To Expand Investments Updated On Fri, Jan 28th, 2022 by Saurenergy The Solar Energy Corporation of India (SECI) has received an infusion of Rs 1000 crores from the Government of India to strengthen its balance sheet and undertake further investments in the renewable sector. As the key nodal agency for the sector, SECI plays an instrumental role in the tendering and award of renewable contracts across […] Read more
Confirmed. Renew Power Sells Rooftop Portfolio To Fourth Partner For Rs 672 crores Updated On Thu, Jan 27th, 2022 by Saurenergy ReNew Power, has confirmed the news of the selloff of its distributed rooftop portfolio. The news had been doing the rounds since last week, including on Saur energy. The firm today announced that it has sold 117 MW/138 MWp of its distributed rooftop solar portfolio to Fourth Partner Energy, one of India’s leading rooftop solar energy […] Read more
Business Development Manager Updated On Tue, Jan 25th, 2022 by Saurenergy Expansion of solar EPC, BoS and I&C business vertical Maharashtra, Gujrat, and North India by exploring and converting leads Data assessment and trend prediction analysis based on historical data Improvement in overall business processing to ensure the transparency between customer and organization. Ability to negotiate and persuade with customers to meet the business requirements. Manage […] Read more
Sungrow Launches Storage Compatible 1.1 MW Inverter Updated On Thu, Jan 20th, 2022 by Saurenergy Hefei, China headquartered Sungrow has launched a new “1+X” central modular inverter with an output of 1.1MW at the World Future Energy Summit in Abu Dhabi. The inverter manufacturer, which has a manufacturing plant in India also, is a leading global inverter player. The central inverter launch comes even as the demand for central inverters […] Read more
Himachal Pradesh to Add 10GW RE Capacity by 2030: New Energy Policy Updated On Mon, Jan 17th, 2022 by Saurenergy With the approval of new energy policy by state cabinet on Friday, Himachal Pradesh has set the target of producing 10,000 MW additional green energy. Various provisions have also been made in the new energy policy to achieve the target of harnessing and commissioning 10,000 MW of hydro energy by 2030 to have an operational […] Read more
SECI Invites EoI to Explore Market for Domestically-produced PV Modules Updated On Tue, Dec 28th, 2021 by Saurenergy To assess the availability of domestically produced modules with respect to commercial parameters, Solar Energy Corporation of India (SECI) has invited Expression of Interest (EoI) from interested bidders for the supply of photovoltaic modules and cells manufactured in India for the delivery period of FY23-24. The deadline to respond to this EoI is January 21, 2022, […] Read more
Andhra Govt Finally Withdraws 6400 MW Tender, Sticks With Buy From SECI Updated On Fri, Dec 24th, 2021 by Saurenergy In a move that was widely expected for the past few months, the Andhra Pradesh government has dropped its 6400 MW solar tender. the state government had tried to pull off its own tender with conditions separate from central tenders, to prove a point about its claim of paying too high a price for previous […] Read more
