IREDA Partners with Bank of Maharashtra for Renewable Energy Updated On Tue, Sep 19th, 2023 by Saurenergy Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise, has joined hands with Bank of Maharashtra (BoM). The partnership is to facilitate co-lending and loan syndication for various renewable energy projects across India. The MoU entails services encompassing co-lending and co-origination support for all renewable energy projects. It […] Read more
Green RTC Power Possible At Rs 6/unit If Green Hydrogen Is Used For Storage: Singh Updated On Fri, Sep 15th, 2023 by Saurenergy Union Minister for New & Renewable Energy RK Singh said that round-the-clock (RTC) renewable energy would cost about Rs 6 per unit if Green Hydrogen is used for storage. He was speaking at the Special Ministerial Session of the Fourth International Conference & Exhibition on Clean Energy in New Delhi today. Singh said that the […] Read more
SECI’s Hybrid Projects Set To Offer Green Power At Rs 2.53/Unit Updated On Thu, Sep 14th, 2023 by Saurenergy India is all set to get renewable power from upcoming 1,170 MW solar-hybrid projects at Rs 2.53 per unit. These Inter-State Transmission System (ISTS) projects are situated in states like Rajasthan, Karnataka and Gujarat. These projects are set to be commissioned by next year. These projects were part of the Solar Energy Corporation of India […] 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
KPI Green Energy Commissions 7.80 MW Hybrid Renewable Energy Project Updated On Thu, Sep 14th, 2023 by Saurenergy Independent Power Producer KPI Green Energy has announced that it has commissioned a hybrid power project at Surat. The firm has successfully commissioned a 7.80 MW wind-solar hybrid power project. Of this, the wind capacity is at 4.2 MW while the rest 3.60 MWdc is for solar provided by its wholly owned subsidiary, KPIG Energia […] Read more
Adani Wind Receives Certification For India’s Largest Turbine Updated On Thu, Sep 14th, 2023 by Saurenergy Adani Wind, the wind energy solutions division of Adani New Industries Limited (ANIL), announced that its 5.2 MW Wind Turbine Generator (WTG), which is India’s largest, has received type certification from WindGuard GmbH. The certification enables Adani Wind to start series production for global markets. The certification under IEC System for Certification to Standards Relating […] Read more
Avaada Group Inks Pact for Renewable Energy With Saudi Arabia Updated On Tue, Sep 12th, 2023 by Saurenergy Avaada Group has joined hands with Al Jomaih Energy and Water for the development of renewable energy in Saudi Arabia and a select few regions in the Middle East. “Avaada Energy (group) announces a strategic partnership with AEW to pioneer renewable power generation in the Kingdom of Saudi Arabia and selected Middle Eastern regions,” the […] Read more
India & US Shore Up Partnership to Anchor $500 Mn RE Infrastructure Investment Fund Updated On Mon, Sep 11th, 2023 by Saurenergy A joint investment fund of up to $1 billion to aid India’s initiatives aimed at the adoption of green technology has got the nod from US President Joe Biden and Narendra Modi. In an initiative that will strengthen India-US bilateral relationship in the renewable energy space, India’s National Investment and Infrastructure Fund and the US […] Read more
TPREL, Juniper Green Emerge as Successful Bidders in 225 MW Renewable Hybrid Auction Updated On Thu, Sep 7th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL) and Juniper Green Energy have emerged as winners in Tata Power’s auction. The tender was issued for the development and procurement of 225 MW of grid-connected intrastate and interstate wind-solar hybrid power projects. It also entails a greenshoe option of 225 MW on a long-term basis. Juniper Green Energy […] Read more