Mahendra Lodha Joins PTC as Director (Finance) & CFO Updated On Thu, Jun 15th, 2023 by Saurenergy PTC India Financial Services Limited (PFS), a financial institution in sustainable green infrastructure finance, has announced the joining of Mahendra Lodha as Director (Finance) and CFO of the company. Lodha brings to the table a experience and expertise in finance and investment management, which will further strengthen PFS’s financial strategies and operations. As Director (Finance) […] Read more
HPX crosses 5 Billion Units Of Trade In 11 Months Post Launch Updated On Thu, Jun 15th, 2023 by Saurenergy India’s third power exchange, Hindustan Power Exchange Ltd. (HPX), has successfully crossed the milestone of 5 Billion Units of power traded within 11 months of its launch. HPX was able to cross this landmark with a rapid increase in trade volume across Contingency and Long Duration Contracts (LDC) segments. The strong growth in members/client base […] Read more
‘Balcony Solar’ Seeks To Spread Solar Availability To New Segments Updated On Thu, Jun 15th, 2023 by Saurenergy An abiding issue with higher solar adoption is the need for space. In urban areas, which are already space challanged, it becomes an even bigger issue with the minimum requirement for a rooftop. Many aware and conscientous prospects who live in apartments or have a single floor regret not being able to contribute to the […] Read more
NTPC Issues Tender for 1.46 GW for Solar Projects Updated On Fri, Jun 9th, 2023 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has issued a tender for the supply of solar modules for a cumulative capacity of 1.46 GW. These projects are located in Madhya Pradesh, Gujarat and Rajasthan. NTPC REL is the renewable energy arm of state-owned Indian utility NTPC Limited. The said 1.46 GW capacity entails the Shajapur Solar […] Read more
RE Projects With No PPAs, Made For Power Exchanges- CFD could Make It Possible Updated On Fri, Jun 9th, 2023 by Saurenergy In an announcement that could potentially change the landscape of renewable energy projects, the way they are procured and the flexibility, freedom enjoyed by developers and generators in the industry, new renewable energy projects can now be sold on power exchanges exclusively. Traders and project developers will interact directly for contracting supplies from these projects. […] Read more
Revfin Rings In $5 Mn From US International Development Finance Corporation Updated On Fri, Jun 9th, 2023 by Saurenergy Revfin Services Private Limited, which delves into the Indian EV financing space, has secured $5 million from the United States International Development Finance Corporation (DFC). The investment is part of DFC’s portfolio for ‘Impact and Innovation’ and seeks to promote inclusive financing for EV adoption in India. The funds raised from DFC will enable Revfin […] Read more
Tata Steel Goes With Tata Power For 966 MW RTC Renewable Supply Updated On Fri, Jun 9th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), through its subsidiary TP Vardhaman Surya Limited, has received a Letter of Award to set up 966 MW RTC (Round-the-clock) hybrid renewable power for Tata Steel. This is one of the biggest industrial RTC power PPAs under the group captive segment in the country. The project has the hybrid […] Read more
Charge+Zone Expects to Raise $125mn in Ongoing Series A2 Funding Round Updated On Thu, Jun 8th, 2023 by Saurenergy EV charging firm Charge+Zone, has reached completion on the first phase for the installation of more than 1,600 charging stations. These have been established across over 450 locations. At the same time, the firm has now set sights on raising $125mn crore in equity in an ongoing round of fundraising. The Founders of the firm […] Read more
Inox Wind Wins 100 MW Project from ABEnergia Renewables Updated On Thu, Jun 8th, 2023 by Saurenergy Wind energy solutions provider, Inox Wind has won an order for a 100 MW wind power project from ABEnergia Renewables Pvt Ltd (ABEnergia), an IPP (Independent Power Producer). Inox Wind will be responsible for the supply and installation of state-of-the-art, new generation 3.3 MW wind turbine generators with 145 m rotor diameter and 120 m […] Read more
