SECI Seeks Bids To Combine 5 MW Solar With Saffron Farming In J&K Updated On Fri, Oct 18th, 2024 by Saurenergy Soon after allotment of the 25 MW/50 MW solar plus storage project to Gujarat-based solar EPC Prozeal, Solar Energy corporation of India (SECI) has now sought bids to develop 5 MW(AC) grid connected saffron based Agro-Solar PV Power Plant with 10 years. The project is located at Pampore, Pulwama, J&K. SECI has set 7th November […] Read more
NVVN Plans To Boost Solar At NTPC Ramagundam, Simhadri Updated On Thu, Oct 17th, 2024 by Saurenergy NTPC Vidyut Vyapar Nigam LImited (NVVN) has now issued a tender with an aim to boost the growth of solar on the premises of NTPC Ramagundam and NTPC Simhadri. The subsidiary of the NTPC Group plans to boost the growth of rooftop solar and ground-mounted solar projects at these sites. As per the NVVN plan, […] Read more
Coal Generation To Remain 30% Higher Than Solar Generation: IEA Updated On Thu, Oct 17th, 2024 by Saurenergy Despite continuous effort to add more renewable energy capacity, International Energy Agency’s (IEA) latest report found that coal dependence continues to persist. IEA world energy outlook report found, “Generation from coal remains over 30% higher than that from solar PV, even in a decade in which solar PV accounts for twice as much capacity, owing […] Read more
AMPIN Achieves Financial Closure For 200MWp Hybrid Project Updated On Thu, Oct 17th, 2024 by Saurenergy Renewable energy company AMPIN Energy Transition has announced financial closure for its 200MWp Solar-Wind Hybrid project situated in the state of Rajasthan. The green loan financing for the project has been secured from Standard Chartered. The total investment for this project is valued at Rs 944 crores (~USD113 Million). Upon completion, the solar-wind hybrid plant is expected […] Read more
Alpex Solar Bags Rs 277cr Order For Solar Modules From PSU Updated On Thu, Oct 17th, 2024 by Saurenergy Alpex Solar Limited has bagged an additional order to the tune of Rs 277.19 crore from a leading PSU for the supply of solar panels. The company had, earlier this month, bagged an order worth Rs 247.96 crore from the same PSU thereby taking the total quantum to Rs 525.15 crore. The solar module manufacturing […] Read more
INA Solar Raises Rs. 402 Crore Via Preferential Allotment Of Equity Shares Updated On Wed, Oct 16th, 2024 by Saurenergy Rajasthan-based Insolation Energy Limited (INA Solar), a solar panel manufacturer raised Rs 402 Crores from investors in response for its preferential allotment of equity shares. Chairman Manish Gupta and Managing Director Vikas Jain expressed their gratitude, highlighting that since its inception in 2017, Insolation Energy Limited has established Rajasthan’s one of the largest solar panel […] Read more
Capri Global, Credit Fair Partner To Offer Solar Finance For MSMEs Updated On Wed, Oct 16th, 2024 by Saurenergy Mumbai-based non-banking financial company (NBFC) Capri Global Capital Ltd (Capri Loans) launched its rooftop solar finance product under the Micro, Small and Medium Enterprises (MSME) Loans. The creditor will help individuals and businesses harness solar energy for self-use. Capri Solar Finance offers financing solution with no collateral, and minimal documentation, it said. The company claims […] Read more
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
Rayzon Solar Secures 216 MW PV Module Supply Orders From L&T Updated On Wed, Oct 16th, 2024 by Saurenergy Rayzon Solar announced that the company has won a contract to supply 216 MW of photovoltaic modules to L&T for three solar projects in India. One of the renowned multinationals providing EPC solutions in India, L&T will operate the solar projects out of three states. The solar projects operating out of the state of Jharkhand, […] Read more
