H1: IREDA Loan Sanctions Rise 303%, Disbursements Grows 56% Updated On Tue, Oct 1st, 2024 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA),has reported a 303% growth in loan sanctions, rising to Rs. 17,860 crore in the first half of FY 2024-25, compared to Rs. 4,437 crore during the same period in FY 2023-24. These are provisional figures as of September 30, 2024. IREDA’s loan disbursements also showed significant growth, increasing […] 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
Vivriti Capital Gets $25 Mn From ADB For Climate Finance Projects Updated On Tue, Oct 1st, 2024 by Saurenergy The Asian Development Bank (ADB) recently shared its plans to invest $25 million in a certified climate bond issue by Vivriti Capital Limited (VCL). This bond is being certified by the Climate Bonds Initiative to enhance access to climate finance for financially underserved enterprises, including micro, small, and medium-sized enterprises (MSMEs), mid-market corporates, and retail […] Read more
Rajasthan Investor Summit 2024 Attracts High Renewable Commitments Updated On Tue, Oct 1st, 2024 by Saurenergy At the Rajasthan Investment Summit 2024 in New Delhi, 17 major companies signed MoUs (Memorandums of Understanding) to invest a massive Rs. 8 lakh crore across various sectors, focusing on renewable energy, oil and gas, logistics, and infrastructure. In the energy sector, Tata Power, NHPC, Avaada Group, and Jindal Renewable Power all committed to building […] Read more
India’s Luck With Falling RE Costs Could Run Out, And We Need to Be Prepared Updated On Tue, Oct 1st, 2024 by Saurenergy September saw some very interesting points to ponder over, as far as Renewable costs go. While we are all aware of the falling RE costs, especially in solar that have led to solar beating almost every estimate of capacity addition repeatedly, the situation has been very positive on the storage front as well. Yes, storage […] Read more
Khavda: Adani Green Signs JV Pact With TotalEnergies Updated On Mon, Sep 30th, 2024 by Saurenergy Indian renewable project developer Adani Green has now signed a Joint Venture (JV) agreement with Singapore-based energy company TotalEnergies to boost the growth of renewable energy projects at Khavda in Gujarat. The JV had been announced earlier this month. “In continuation of the Company’s earlier submission dated September 02, 2024 and subsequent to approval of […] Read more
Solex Launches India’s 1st Rectangular Cell-Based Modules Updated On Mon, Sep 30th, 2024 by Saurenergy Indian solar module manufacturer Solex Energy Limited today unveiled India’s first rectangular solar cell-based modules in TOPCon technology. The company has named this new brand as ‘Tapi-R series’. The launch happened in New Delhi today. The name Tapi-R comes from the firm’s location in Surat, itself on the banks of the Tapi river in Gujarat, […] Read more
Rays Power Infra To Build VRFB Storage For NTPC Updated On Mon, Sep 30th, 2024 by Saurenergy In a key milestone for flow batteries in India, Rays power Infra has secured an order for the 600KW / 3000KWh Vanadium Redox Flow Battery system from NTPC Limited . NTPC had issued the tender for the storage system back in June this year, to meet the power needs of NTPC Technology Research Alliance (NETRA). […] Read more
Consultant – Supply Chain Business Systems Updated On Fri, Sep 27th, 2024 by Saurenergy The Consultant – Supply Chain Business Systems role will be based in Hyderabad, NEXTracker office. In this position, you will report to the Senior Manager – Supply Chain Program Management The consultant will be leading and managing all business system related tasks for the New Product Introduction (NPI) team Work with the New Product Introduction (NPI) […] Read more