Tata Power Adds 3.12 MW PDS for Captive Solar in Maharashtra Updated On Thu, Sep 14th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a leading renewable energy player and a subsidiary of The Tata Power Company Limited, has signed a Power Delivery Agreement (PDA) with Xpro India Limited, through a special purpose vehicle (SPV), for the development of a 3.125 MW AC group captive solar plant. The SPV shall develop, operate, and […] Read more
SOFAR Introduces Prime PV & ESS Solutions at RE+ 2023, Las Vegas Updated On Thu, Sep 14th, 2023 by Saurenergy A firm that delves into PV & Energy Storage Solutions (ESS), SOFAR has made its debut at RE+, a conference on renewables in Las Vegas, with innovations tailored for utility and residential applications. The firm has indicated its intensified focus on North American solar and storage market. Across all segments of the renewable energy industry, […] Read more
Serentica Secures INR 2600 Cr Funding from PFC for Green Projects Updated On Thu, Sep 14th, 2023 by Saurenergy Vedanta backed Serentica Renewables, a C&I focused renewable energy developer, has announced that it has achieved financial closure for its upcoming hybrid renewable energy projects in Karnataka. The firm has secured the entire debt funding of INR 2600 crores from one of India’s largest power sector lenders, Power Finance Corporation Limited (PFC Ltd.). To ensure […] Read more
Module Exports to India from China Slide from 9.8 GW H1 2022 to 2.3 GW in H1 2023 Updated On Thu, Sep 14th, 2023 by Saurenergy As per think-tank Ember, module exports to India from China have seen noteworthy slide. India is the only country to see a large fall in imports from China. The study finds that module exports to India declined by 76% (-7.5 GW) year-on-year, down from 9.8 GW in the first half of 2022 to 2.3 GW […] Read more
Credit Fair & UTL Solar Unite to Offer Solar Rooftop Installation Financing Solutions Updated On Wed, Sep 13th, 2023 by Saurenergy Credit Fair, a consumer lending fintech startup, has joined forces with solar inverter firm UTL Solar, to offer collateral-free affordable financing solutions to enable individuals, MSMEs, housing societies and trust associations in setting up solar rooftop solutions. The collaboration is a part of Credit Fair’s mission to facilitate solar energy adoption across the country without […] Read more
Jakson Solar Partners with Ariel Re to Elevate Credibility in Solar PV Modules Updated On Mon, Sep 11th, 2023 by Saurenergy Jakson Solar, a leading module manufacturer in India, and part of Jakson Group, an Indian energy and infrastructure conglomerate, has forged a strategic partnership with Ariel Re, a Lloyd’s of London Syndicate and its Clean Energy division, a provider of technology performance insurance globally. This collaboration solidifies Jakson’s commitment to delivering top-tier solar PV modules while […] Read more
Cleantech Solar Reaches Commercial Operation for Maiden VPPA Updated On Mon, Sep 11th, 2023 by Saurenergy Cleantech Solar, a firm the provides renewable energy solutions to corporations in India and Southeast Asia, has revealed that the commercial operation of its maiden Virtual Power Purchase Agreement (VPPA) has begun. This is among the first VPPA plants to be operational in India. The power generated from the operating solar power plant in India, […] Read more
Tata Power Gets DFC Backed USD 425 million For Cell and Module Plant in Tamil Nadu Updated On Mon, Sep 11th, 2023 by Saurenergy The U.S. International Development Finance Corporation’s (DFC) Board of Directors has approved the provision of up to USD 425 million in financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant at Tirunelveli district in Tamil Nadu, India. DFC […] Read more
Kailash Vaswani to Steer ReNew as Chief Financial Officer Updated On Fri, Sep 8th, 2023 by Saurenergy The Board of Directors of ReNew Energy Global plc has accepted the resignation of Kedar Upadhye as the Chief Financial Officer of ReNew Energy Global Plc, on September 6, 2023.Upadhye’s resignation will be effective on October 30, 2023. Upadhye is resigning to pursue an opportunity outside ReNew in a products-driven sector. Sumant Sinha, Founder, Chairman […] Read more
