Avaada Group Closes Financing For 9 of Its Diverse RE Projects Updated On Wed, Jan 22nd, 2025 by Saurenergy Avaada Group, a company operating in India’s renewable energy landscape, has successfully completed financing/refinancing of nine of its projects across the business divisions totaling for an amount of INR 8500 Crs (~USD 1 Bn). The transactions include a mix of Utility scale IPP projects, large-scale Agri Photovoltaic projects, Merchant power generation projects, C&I projects and […] Read more
Green Stocks Jan 2: Stocks Trail Market Surge Updated On Thu, Jan 2nd, 2025 by Saurenergy On a day when the broader BSE Sensex spiked almost 1.8%, the green pack turned in a less than similar performance, with most stocks failing to keep up. Other than solar pump leader Shakti Pumps of course, which has enjoyed a stellar run these past two weeks. KPI Green, which turns ex-bonus tomorrow, was the […] Read more
The 10 Big Milestones That Will Define India’s RE Sector In 2025 Updated On Thu, Dec 26th, 2024 by Saurenergy The Indian renewable energy market witnessed several historic events in 2024. These include policy changes, diversified and copious tenders, a record pace of green project installations, bulging order books across manufacturers, EPCs and more. While the overarching focus of the year was to be self-reliant in manufacturing, with real progress finally visible, China still cast […] Read more
MP Govt Approves 442.04 Acre Land For RE Equipment Manufacturing Updated On Thu, Dec 5th, 2024 by Saurenergy The Madhya Pradesh Cabinet has now approved the expansion of the area of Industrial Area Mohasa-Babai in Narmadapuram district to promote electrical and renewable energy equipment manufacturing. At a council of ministers meeting, the Madhya Pradesh (MP) Chief Minister Mohan Yadav approved the expansion plans. The Cabinet decided to add 442.04 acres of land in Industrial […] Read more
ALMM: Saatvik, Bluebird, Novasys & ReNew Add New Capacities Updated On Tue, Dec 3rd, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now issued its latest Approved List of Models and Manufacturers (ALMM). The latest list from the MNRE revealed the addition of newly enlisted capacity from four solar companies. These four companies include Solar, Novasys, Bluebird and ReNew. These renewable companies added 2271 MW of new capacities […] Read more
NTPC, Chhattisgarh Genco To Build 2 GW Renewable Energy Projects Updated On Wed, Nov 27th, 2024 by Saurenergy NTPC recently signed a Memorandum of Understanding (MoU) with Chhattisgarh State Power Generation Co. Ltd. (CSPGCL) to develop up to 2 GW of renewable energy projects, including floating solar projects. To initiate the creation of this project, Chief Engineer (CP & BD) of CSPGCL, G. K. Gupta, and General Manager (Engineering) of NGEL, D. Joshi, […] Read more
Hyundai Motor, Fourth Partner Collaborate For 118 MW RE Project Updated On Thu, Nov 21st, 2024 by Saurenergy Fourth Partner Energy Private Limited (FPEL), through its Special Purpose Vehicle (SPV), FPEL Tamil Nadu (TN) Wind Farm Private Limited, recently signed Power Purchase Agreements (PPA)s with Hyundai Motors for both wind and solar power. FPEL TN Wind Farm Private Limited, an SPV created by the Telangana-based Fourth Partner Energy, aims to enhance the company’s […] Read more
Why The NTPC Green Energy IPO Could Be A Turning Point For Green Energy Related IPOs Updated On Thu, Nov 14th, 2024 by Saurenergy After a journey of over two years, the NTPC Green Energy IPO is finally here. It is interesting that despite the long anticipation and preparations behind this mega Initial Public Offering (IPO) of Rs 10,000 crores ($1.18 billion), the latest IPO still gives one a feeling of a rushed effort, thanks to the many exemptions […] Read more
TPREL Commissions 126 MW Floating PV Project At Omkareshwar Updated On Wed, Nov 13th, 2024 by Saurenergy Tata Power Renewable Energy Limited (TPREL), Tata Power’s renewable energy subsidiary, today announced the formal commissioning of the Omkareshwar Floating Solar Project of 126 MW capacity. The EPC contract for this project worth Rs. 596 crore was awarded by NHDC, a joint venture of NHPC Ltd and Madhya Pradesh government to TPREL. The project vaults […] Read more
