Continuum Energy Raises $350 Million For C&I Renewable Market In India Updated On Thu, Jul 14th, 2022 by Saurenergy Singapore-based Continuum Green Energy Ltd, has announced that it has raised $350 million in debt by issuing senior secured floating rate notes to two international institutional investors. The notes have a tenure of 3.5 years and the proceeds will be partly used to refinance debt and finance project construction. The floating rate is linked to […] Read more
RUMSL Issues LOAs For 600 MW Omkareshwar Floating Solar Project Updated On Fri, Jul 1st, 2022 by Saurenergy Letters of Award were distributed by Principal Secretary of New and Renewable Energy Department, Madhya Pradesh, Sanjay Dubey, on June 30 to the developers selected in the first phase of 600 MW Omkareshwar Floating Solar Project on Narmada river in Khandwa district of Madhya Pradesh. The tender for Phase-I achieved minimum rates of Rs 3.22, […] Read more
Bhutan Mulling 300 MW Solar Power Addition Updated On Fri, Jun 17th, 2022 by Saurenergy The Himalayan country of Bhutan is looking bullish for solar power as it plans to diversify its energy mix. Reports cited the Economic Affairs Minister of Bhutan, Lokhnath Sharma saying that Bhutan will add 300 MW of solar power in the coming years. Bhutan currently has a mere 9 MW of renewable energy other than […] Read more
Global trailblazers offer inclusive off-grid solutions Updated On Fri, May 27th, 2022 by Saurenergy By Chhavi Sharma, International Programme Manager, Ashden The shortlists for the annual Ashden Awards highlight a new crop of grassroots renewable energy solutions – revealing key trends in the sector, and raising the profile of its breakout stars. The awards accelerate climate innovation creating fairer, better low-carbon world. The awards shortlists, announced earlier this month, […] Read more
Tanzania to add 6 GW renewable energy Updated On Tue, May 17th, 2022 by Saurenergy Samia Suluhu Hassan, the new president of Tanzania, is wooing investors to invest in the green and clean energy projects in a bid to energy security for her country and also mitigate the onslaughts of climate change. She has announced that Tanzania will be adding 6GW of renewable energy. Most of the fresh energy will […] Read more
The Top 5: Upcoming Floating Solar Power Projects in India Updated On Wed, May 4th, 2022 by Saurenergy From the founding member of International Solar Alliance in 2015 to installing over 50 GW of solar power capacity, India has come a long way in harnessing this renewable form of energy. With some of the biggest upcoming floating solar power projects, India further looks forward to add to its already surging solar capacity. The […] Read more
SECI Extends Deadline for Floating Solar At Getalsud Dam, Ranchi Updated On Fri, Apr 29th, 2022 by Saurenergy The Solar Energy Corporation of India (SECI) has extended the last date for submission of bids for the Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) Floating Solar PV Project having 10 years plant O&M at Getalsud Dam, Ranchi, Jharkhand. Like most large floating solar projects, plans for a plant at […] Read more
India, Maldives to Explore Transmission Interconnection For Renewable Power Transfer Updated On Wed, Apr 27th, 2022 by Saurenergy The Ministry of Power has informed that India and Maldives plan to set up a transmission interconnection for transfer of renewable power between the two countries. The proposal was discussed during the meeting between Power and New and Renewable Energy Minister R K Singh and Maldives’ Environment, Climate Change and Technology Minister Aminath Shauna in […] Read more
Could Priority Sector Lending Status For Electric Mobility Charge Up Adoption ? Updated On Mon, Apr 25th, 2022 by Saurenergy The electric vehicles have a long way to go to lead the mobility sector in India. One of the major points of delay is the finance for the industry. NITI Aayog, Rocky Mountain Institute (RMI), and RMI India released a report in January 2022, titled Banking on Electric Vehicles in India. The report surfaces the need […] Read more
