The Top 5: Reasons Why Public Transport Offers the Fastest Decarbonisation Solution for Transportation Updated On Mon, Apr 24th, 2023 by Saurenergy Owing to the increasing private vehicle fleet, Indian cities are suffering from the twin problems of road congestion and emissions. While the story of vehicular emissions is well known, the situation isn’t good in terms of traffic congestion either. For instance, the optimal travel time for a 10 km trip is around 16 and a […] Read more
X-ELIO Gets Financial Closing Of EUR 102mn For Spanish Solar Projects Updated On Sun, Apr 23rd, 2023 by Saurenergy Global renewable energy player X-ELIO has closed a financing deal for three solar power projects located in the Spanish region of Extremadura. The three solar projects are , Los Llanos I, II and III, that will specifically come up in Medina de las Torres municipality, Badajoz, Spain. X-ELIO has secured EUR 102 million for the […] Read more
Oriana Power Commissions 1MW Floating Solar Power Project In Rajasthan Updated On Fri, Apr 21st, 2023 by Saurenergy Oriana Power, a Noida-based solar energy company, has now announced the commissioning of its 1 Megawatt (MW) floating solar power project in the Udaipur district of Rajasthan. The renewable energy company planned this project in a water body on the premises of Dabok Mines in the district. The company said that it commissioned the project […] Read more
Sterling & Wilson Renewable Reports Rs 421 Cr Loss in March Qtr Updated On Fri, Apr 21st, 2023 by Saurenergy Renewable engineering, procurement and construction (EPC) solutions provider Sterling and Wilson Renewable Energy has released its financial results for the quarter ended March. The company clearly continues to ‘clean up’ after Reliance joined as a promoter group, with consolidated revenue having dipped 92% Y-O-Y, pegged at Rs 421.11 cr. The firm has exited businesses, contracts […] Read more
SunPower Secures $450 Million To Meet High Solar Loan Demand In US Updated On Fri, Apr 14th, 2023 by Saurenergy North American solar power giant SunPower has secured financing commitments of more than $450 million for its residential solar and storage loan program in the US from HASI and from Crédit Agricole CIB. The vehicle will acquire loans made to SunPower customers and is non-recourse to SunPower. Through this transaction, SunPower Financial will continue to […] Read more
Backed by Favourable Policies, US Welcomes Largest Community Solar Project Updated On Wed, Apr 12th, 2023 by Saurenergy The idea of solar in the USA is gathering momentum. The credit primarily goes to the Inflation Reduction Act, which has been insturmental in giving a fresh impetus to clean energy in the country. The landmark Act paves the path for provisions for tax credits for solar projects. Community Solar is also gaining traction rapidly […] Read more
WRI Develops Tool For Financial Evaluation of Public Charging Stations For Electric Vehicles Updated On Thu, Apr 6th, 2023 by Saurenergy The World Resources Institute (WRI)-India, one of India’s leading clean energy think tanks, has now developed a unique tool to undertake the financial evaluation of public charging stations (PCS) meant for electric vehicles. The organization has named it ‘Financial Analysis of Charging Station (FACt).’ The international think-tank claimed there need to be more evaluation tools in India. […] Read more
SunSource Commissions 9 MW Solar Open Access Project in UP for Varun Beverages Updated On Wed, Apr 5th, 2023 by Saurenergy A firm that provides solar-based energy and storage solutions, SunSource Energy has shared that it has commissioned a 9 MW (DC) solar open access project in Uttar Pradesh (UP) for Varun Beverages. Varun Beverages is a noted player in the beverage industry and among the largest franchisees of PepsiCo in the world. The PPA paves […] Read more
Vedanta, SRIPL Collaborate for 105 MW Renewable Power for Chhattisgarh Smelter Updated On Wed, Apr 5th, 2023 by Saurenergy Vedanta owned Bharat Aluminium Company Ltd. (BALCO) has said that it has signed an agreement with Serentica Renewables India Private Ltd (SRIPL) whereby the two firms will establish a special purpose vehicle (SPV) to source hybrid renewable energy for the aluminium operations in Chhattisgarh. Vedanta revealed in a regulatory filing “BALCO has entered into a […] Read more
