Federal Bank, Ecofy Tie Up For Boosting Rooftop Solar Financing Updated On Wed, Dec 18th, 2024 by Saurenergy Federal Bank has announced partnering with green fintech company Ecofy to offer innovative financing solutions for MSMEs investing in commercial rooftop solar installations. This collaboration marks one of the first comprehensive co-lending partnerships specifically designed to address the unique solar financing needs of the MSME sector, the companies said. The program targets financing 3,600 kW […] Read more
Gujarat To Soon Host Highest No. Of Waste-To-Energy Plants Updated On Wed, Dec 18th, 2024 by Saurenergy The latest data from the Ministry of New and Renewable Energy (MNRE) indicates that Gujarat is poised to host the highest number of Waste-to-Energy (WTE) plants in India. This development comes as several states across the country increasingly adopt waste-to-energy solutions. MNRE classifies WTE plants as sources of renewable energy. At the national level, Delhi […] Read more
Sembcorp Enters BESS Market In India, RE Capacity Touches 6 GW Updated On Wed, Dec 18th, 2024 by Saurenergy Sembcorp Industries (Sembcorp) today announced receiving a Letter of Award (LoA) for a 150 MW solar photovoltaic project coupled with a Battery Energy Storage System (BESS) of 300MWh. The Singapore-based company secured this award from the Solar Energy Corporation of India Ltd (SECI) through its subsidiary Sembcorp Green Infra Private Limited (SGIPL). The Build-Own-Operate (BOO) […] Read more
Solar Power Europe Terms 2024 A ‘Warning’ As Solar Growth Slumps To 4% Updated On Wed, Dec 18th, 2024 by Saurenergy After years of stellar growth, the EU solar sector has been hit by a significant deployment slowdown – tumbling from 53% growth in 2023 to 4% in 2024, amounting to a 92% slowdown in solar growth over the last year. With 65.5 GW of new solar in 2024, the sector just inched past its 2023 […] Read more
Renewable Cost Analyst Updated On Tue, Dec 17th, 2024 by Saurenergy The Renewable Systems and Technology team is responsible for developing and managing cutting-edge market intelligence solutions, delivered through our comprehensive suite of software-as-a-service (SaaS) products, including price benchmarking, cost escalation, forecasting, renewable asset cost estimating, commodity exposure, supply chain risks, carbon (GHG) emissions, and much more. Our clients primarily leverage these insights for strategic planning, […] Read more
EMBER Report Says Transatlantic Interconnection Could Be Cheaper Than Nuclear, Hydrogen Updated On Tue, Dec 17th, 2024 by Saurenergy Transatlantic interconnection could be a valuable tool for achieving cheaper energy prices, improving supply security, and advancing decarbonization. Despite the high capital costs, it may prove more cost-effective than other options such as nuclear and hydrogen. According to EMBER research, transatlantic interconnection could help both North America and Europe achieve a more secure and efficient […] Read more
Maharashtra Discom Issues Tender For 1 GW RTC Power Supply Updated On Tue, Dec 17th, 2024 by Saurenergy Maharashtra State Electricity Distribution Company (MSEDCL) recently released a tender to procure 1 GW of electricity from a power generating station, irrespective of the fuel type. This is applicable for renewable projects too. The Maharashtra discom now wants to procure the power under a Round-The-Clock (RTC) arrangement. The firm has planned to procure power for […] Read more
Will India’s Lithium Battery Makers Be Next In Line For Protection From China? Updated On Tue, Dec 17th, 2024 by Saurenergy Following the extended trend of protective measures for solar PV manufacturing, and more recently, solar glass, Li-Ion (or LFP ) battery manufacturing could emerge as the next sector to receive similar support from the Indian government. State policies are increasingly being used as a tool to shield domestic industries from the challenges posed by inexpensive […] Read more
Prakash Chand Garg Joins NSEFI As Its New Principal Advisor Updated On Mon, Dec 16th, 2024 by Saurenergy The National Solar Energy Federation of India (NSEFI), an industry body representing India’s renewable energy sector, has appointed Prakash Chand Garg as NSEFI’s new Honorary Principal Advisor. PC Garg’s illustrious career spans over 37 years in the power sector, during which he has held diverse and impactful roles. In his long career, he has contributed […] Read more
