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
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
Sri Lanka’s Renewable Energy Firm WindForce Signs PPA for 10 MW Solar Project Updated On Thu, Sep 7th, 2023 by Saurenergy A dominant player in the renewable energy sector of Sri Lanka, WindForce PLC, has entered into a Power Purchase Agreement (PPA) to develop a 10 MW Kebithigollewa Solar Power Project. The PPA signing ceremony witnessed the presence of N.S. Ilangakoon, Chairman of the Ceylon Electricity Board (CEB), Manjula Perera, Managing Director of WindForce PLC, and […] 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
Jakson Green Order Book Swells to INR 5000 Cr in a Year Updated On Thu, Sep 7th, 2023 by Saurenergy Jakson Green, an energy transition platform backed by infrastructure and renewables conglomerate, Jakson Group, has announced its achievement of amassing a renewable EPC order book of around INR 5000 Crores within a year of inception. This was recognized through a series of recent order victories in India, GCC, West Africa, and CIS region. The company’s […] Read more
Clients Willing To Pay A Premium For Green Data Centres- Moiz Vaswadawala, NTT Updated On Wed, Sep 6th, 2023 by Saurenergy Moiz Vaswadawala, Vice President, Risk management and Sustainability at NTT Global Data Centers & Cloud Infrastructure India Pvt Ltd, the leading data center provider in India currently, talks about the push towards greener, more sustainable data centres. Excerpts from the interview: What is a data centre’s total energy footprint like, in terms of power, water, […] Read more
AmpIn Energy Transition Powers Allana Group with 4.5 MW Solar Energy Updated On Wed, Sep 6th, 2023 by Saurenergy AmpIn Energy Transition, an energy transition platform and renewable energy Independent Power Producer (IPP) has solidified a strategic partnership with Allana Group to provide 4.5 MW of solar power to Allana Group’s plant in Aligarh, Uttar Pradesh. AmpIn has marked a strong presence as a renewable energy IPP in Uttar Pradesh (UP) with a robust […] Read more
IREDA & IIFCL Unite for Financing of Renewable Energy Projects Updated On Tue, Sep 5th, 2023 by Saurenergy A Mini Ratna (Category – I) Government of India enterprise under Ministry of New and Renewable Energy, Indian Renewable Energy Development Agency Ltd., (IREDA) has joined hands with India Infrastructure Finance Co. Ltd (IIFCL). The MoU signed between the two entities will pave the for the financing of renewable energy projects. IREDA and IIFCL will […] Read more
Govt Releases Framework For Promoting Energy Storage Updated On Mon, Sep 4th, 2023 by Saurenergy The Ministry of Power has now released a detailed framework for promoting energy storage systems (ESS) in the country. The framework includes the promotion of battery storage systems as well as pumped storage systems. The ministry guidelines advocated for a Viability Gap Funding (VGF) of up to 40 percent of the project’s capital cost to make […] Read more
