Azure Power Secures Letter of Award for 2 GW Greenshoe Option From SECI Updated On Fri, Jul 24th, 2020 by Saurenergy Azure Power has received the LOA for a 2 GW ISTS solar project with SECI pursuant to the exercise of a greenshoe option as part of an earlier 2 GW win. Azure Power, a leading solar power producer in India, has announced that it has received the letter of award (LOA) for a 2 GW […] Read more
Kahramaa Closes Financing for World’s 2nd Cheapest Solar Power Project Updated On Fri, Jul 24th, 2020 by Saurenergy Kahramaa has announced the successful financial closure for the Siraj-1 solar power plant project, the first of its kind project in Qatar Qatar General Electricity and Water Corporation (Kahramaa) has announced the successful financial closure and completion of all needed financial arrangements with its international financiers for the Siraj-1 solar power plant project, the first […] Read more
Soon 20% of all C&I Solar Systems in India Will be Grid-Tied: Report Updated On Fri, Jul 24th, 2020 by Saurenergy Increasing electricity demand and rising grid tariffs for commercial and industrial (C&I) customers are driving business users to rooftop solar, which is not only cleaner and cheaper but also gives them tariff certainty for 25 years. In ‘Powering up Sunshine – Untapped Opportunities in India’s Rooftop Solar Market’, a new report from JMK Research & Analytics […] Read more
Microsoft, Nike, Wipro and More Launch ‘Transform to Net Zero’ Initiative Updated On Thu, Jul 23rd, 2020 by Saurenergy Nine companies have announced the establishment of a new initiative ‘Transform to Net Zero’ to accelerate the transition to a net-zero global economy. The heads of nine companies have announced the establishment of a new initiative to accelerate the transition to a net-zero global economy. The initiative, known as Transform to Net Zero, intends to […] Read more
Apple Commits to 100% Carbon Neutral for Supply Chain and Products Updated On Thu, Jul 23rd, 2020 by Saurenergy Apple has unveiled its plan to become carbon neutral across its entire business, manufacturing supply chain, and product life cycle by 2030. Apple has unveiled its plan to become carbon neutral across its entire business, manufacturing supply chain, and product life cycle by 2030. The company is already carbon neutral for its global corporate operations, […] Read more
Fourth Partner Energy Raises Rs 112 Cr From Zurich-Based responsAbility Updated On Thu, Jul 23rd, 2020 by Saurenergy Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore in debt funding from Zurich-based asset manager responsAbility. Hyderbad-based clean energy firm Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore (USD 15 million) in debt funding from Zurich-based asset manager responsAbility. The latest infusion is […] Read more
Vikram Solar Signs MoU to set up 3 GW Manufacturing Facility in Tamil Nadu Updated On Wed, Jul 22nd, 2020 by Saurenergy Vikram Solar intends to set up a 3 GW solar manufacturing facility in Tamil Nadu, after it signed a Memorandum of Understanding with the state government. Kolkata-based solar energy module manufacturer and solutions provider – Vikram Solar has announced that it is planning to set up a 3-gigawatt (GW) solar manufacturing facility in Tamil Nadu, after it […] Read more
Electricity Demand in India to Shrink by 5-6% in FY21 due to COVID: ICRA Updated On Tue, Jul 21st, 2020 by Saurenergy With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 to 6% in FY2021 With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 percent to 6 percent in […] Read more
Electric Scooter Firm Okinawa Planning to Expand Dealership Network Updated On Tue, Jul 21st, 2020 by Saurenergy Electric scooter manufacturer Okinawa has announced that it is planning to aggressively expand its dealership network in the current and next fiscal years. Electric scooter manufacturer Okinawa has announced that it is planning to aggressively expand its dealership network in the current and next fiscal years. The company is working towards the goal of reaching […] Read more