PFC Backs Vibrant Energy With Over INR 2,200 Cr Funding For 300 MW Hybrid Projects Updated On Thu, Apr 6th, 2023 by Saurenergy An owner and developer of corporate renewable energy solutions, Vibrant Energy, has secured more than INR 2,200 crores of project financing from Power Finance Corporation Ltd. (PFC). This funding will aid the firm in establishing 300 MW (AC) of wind-solar hybrid projects in Madhya Pradesh and Karnataka. Vibrant Energy claims this financing will be among […] Read more
WRI Develops Tool For Financial Evaluation of Public Charging Stations For Electric Vehicles Updated On Thu, Apr 6th, 2023 by Saurenergy The World Resources Institute (WRI)-India, one of India’s leading clean energy think tanks, has now developed a unique tool to undertake the financial evaluation of public charging stations (PCS) meant for electric vehicles. The organization has named it ‘Financial Analysis of Charging Station (FACt).’ The international think-tank claimed there need to be more evaluation tools in India. […] Read more
KSEB Gets Nod for KfW Funding for Green Energy Corridor Projects Updated On Thu, Apr 6th, 2023 by Saurenergy The Kerala State Electricity Board (KSEB) has received the green signal from the German development bank, KfW, for securing a loan for the Green Energy Corridor (GEC) project that it is implementing. The signatories of the pact will be the State government, KSEB and KfW. It may be recalled that the Central government and KfW […] Read more
CERC Adopts SECI’s Agreed Tariff For 1200 MW Wind-Solar Hybrid Projects Updated On Thu, Apr 6th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) on Thursday adopted the individual tariffs as decided by the Solar Energy Corporation of India Ltd (SECI) for its 1200 Megawatt (MW) of Wind-Solar Hybrid Power Projects (Tranche-IV). These projects will be connected to the Inter-State Transmission System (ISTS). SECI issued the Request for Selection (RfS) for these projects […] Read more
Europe Slips Up, Again, On Meeting Climate Goals Updated On Thu, Apr 6th, 2023 by Saurenergy Two contrasting reports have dominated the renewable energy landscape of Europe this week: One, the European Union policymakers have agreed to double the renewable use by 2030 through massive RE installations. Two, a WindEurope report finds that Europe has invested lowest in offshore wind since 2009 in 2022, a mere EUR 17 billion in new […] Read more
IndiGrid Commissions First Battery Energy Storage Project Updated On Thu, Apr 6th, 2023 by Saurenergy IndiGrid, which owns, operates, and manages power transmission networks and renewable energy assets delivering reliable power throughout India, has revealed that it has commissioned its first battery energy storage system (BESS) project. The project is integrated with its solar panels at the Dhule substation in Maharashtra. As per the statement by the company, the BESS […] Read more
SECI Invites Bids for Solar Power Projects upto 5 MW Updated On Wed, Apr 5th, 2023 by Saurenergy SECI invites bids for design, supply, installation, testing and commissioning including warranty, comprehensive operation & maintenance of solar power projects in India -rooftop and ground mounted (up to 5 MW) systems has been issued by Solar Energy Corporation of India (SECI). The tender closes on 18.05.2023 at 00:00 Hrs. The tender opens on 18.05.2023 at […] Read more
China’s Solar Supply Chain Humming With Orders As Local Manufacturers Race To Meet Demand Updated On Wed, Apr 5th, 2023 by Saurenergy China’s dominance of the solar supply chain has lifted firms across the sector, from polysilicon to modules. For now, it is firms focused on solar wafers that are grabbing attention, as cell manufacturers have run up against stronger than expected demand. Firms in Jiangsu province, a key hub for solar manufacturing have been reporting record […] 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
