In E3W segment, customer base may be new to credit or lack strong credit score: Sameer Aggarwal, Revfin Updated On Mon, Apr 10th, 2023 by Saurenergy EV finance firm Revfin claims that it has financed over 17,118 electric vehicles in the last 51 months (as of March 2023). This translates to financing 11 electric vehicles everydayin the last 1530 days. The vehicles are plying in over 200 cities across 16 states of India. Revfin also underwrites financially excluded and underserved segments […] Read more
Asian Infrastructure Investment Bank Funds Masdar Solar Projects in Uzbekistan Updated On Mon, Apr 10th, 2023 by Saurenergy The Asian Infrastructure Investment Bank (AIIB) has signed three new project finance loan agreements in the aggregate amount of $83.6 million as part of a $396.4 million debt financing to Masdar for the construction of three greenfield solar PV power plants in Samarkand, Djizzakh and Surkhandarya regions of Uzbekistan. Masdar has said that the Asian […] Read more
Himachal Pradesh Invites Bids for 10 MW (AC) Aghlor Solar Power Project Updated On Mon, Apr 10th, 2023 by Saurenergy Himachal Pradesh Power Corporation Limited HPPCL invites bids/ tender through e-tendering process from eligible bidders for 10 MW (AC) Aghlor Solar Power Project. Open national competitive bidding will be conducted in accordance with the bidding procedure and for procurement of the Facilities as per the requirements specified in the bidding document (hereinafter also referred to as […] Read more
We offer strong after sales service and spare support: Sachidanand Upadhyay, Lord’s Mark Updated On Thu, Apr 6th, 2023 by Saurenergy Incorporated in 1998, Lord’s Mark Industries Private Ltd. (Lord’s) started manufacturing computer continuous stationary and copier paper and gradually diversified to other segments viz; LED products, solar power solutions & solar appliances, lithium batteries, electric scooters, and charging stations. With the launch of its subsidiary, Lord’s Automative Private Limited, the firm ventured into the green mobility […] Read more
EBRD, GCF Support 500 MW Wind Farm In Egypt; To Be Largest In Africa Updated On Thu, Apr 6th, 2023 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has issued a senior secured loan of up to $100 million to Red Sea Wind Energy for the development, construction and operation of a new 500 MW onshore wind farm located in the Gulf of Suez area in Egypt. The loan consists of a portion of up […] 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
EDF Renewables to Develop 425 MW Solar Power in Indiana Updated On Wed, Apr 5th, 2023 by Saurenergy EDF Renewables North America has announced that it has signed two agreements with Indiana Michigan Power (I&M), a subsidiary of American Electric Power (AEP), delivering and helping I&M to add 425 MWac (554 MWdc) of solar energy to its clean energy mix. EDF Renewables held that in the scheme of things, I&M will purchase the […] Read more
IEX achieved 9,212 MU of overall volume in March 2023, Power Prices Average Rs 5.25/Unit Updated On Tue, Apr 4th, 2023 by Saurenergy The Indian Energy Exchange (IEX) on Tuesday claimed that it achieved 9,212 Million Units (MU) of overall volume in March 2023. It included green market trade of 391 MU, 8.69 lakh Renewable Energy Certificates (REC), equivalent to 869 MU, and 22,881 ESCerts (equal to 23 MU). The power exchange claimed that its overall volume during […] Read more
Will Europe’s Mega Solar Manufacturing Plans Deliver On Promise? Updated On Tue, Apr 4th, 2023 by Saurenergy In a recent move that is helping Europe’s solar manufacturing industry gather momentum in an unprecedented way, the European Commission has announced state finance for clean tech manufacturing. This is to be achieved by way of the Green Deal Industrial Plan (GDIP) for European Union. The GDIP will speed up projects by easing up the […] Read more
