COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip Updated On Tue, Feb 13th, 2024 by Saurenergy Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar. Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […] Read more
Jakson Solar, Credit Fair Tie Up To Boost Rooftop Solar Financing Updated On Tue, Feb 13th, 2024 by Saurenergy Credit Fair, a consumer lending fintech startup, has established a partnership with Jakson Solar, a part of the Jakson Group, a leading energy and infrastructure solutions company headquartered in Noida. The partnership has been planned to offer affordable solar equipment financing options to individuals, MSMEs, trust institutions and housing societies to install clean energy systems. […] Read more
Singapore, UK, Mauritius, UAE Biggest Solar Investors In India: R.K Singh Updated On Mon, Feb 12th, 2024 by Saurenergy The union minister of new and renewable energy, R.K Singh shared details of the solar investment received within the by India in the last three years i.e., from 2020 – September 2023. He stated, “Indian solar sector has received 3860.158 million investments through foreign direct investment (FDI) within the country till 30th September 2023.” India […] Read more
Apraava Energy Bags New Energy Transmission Project In Madhya Pradesh Updated On Mon, Feb 12th, 2024 by Saurenergy Apraava Energy, a leading integrated energy solutions provider, announced today that it has secured a new greenfield interstate transmission project in Madhya Pradesh through the Government of India’s Tariff-Based Competitive Bidding (TBCB) process. The project involves setting up of ~ 40 kms of 765 kV double-circuit transmission lines and a 3,000 MVA substation. This is Apraava’s […] Read more
Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore Updated On Mon, Feb 12th, 2024 by Saurenergy Tata Power, one of the largest integrated utilities in the country, reporting its 17th consecutive quarter of PAT growth in its Q3 results. Better realisation in the core business segments consisting of Generation, Transmission & Distribution and Renewables, helped the Company grow its Q3FY24 reported PAT to Rs. 1,076 crore as compared to Rs. 1,052 […] Read more
Sunsure Energy Inducts Veterans Manoj Kohli And Mahesh Makhija to its Board of Directors Updated On Fri, Feb 9th, 2024 by Saurenergy Sunsure Energy, C&I-focused independent renewable energy power producers, inducts Manoj Kohli and Mahesh Makhija to its Board of Directors, stated a press release by Sunsure Energy. The recent appointments of Kohli and Makhija represent a strategic enhancement to the company’s Board of Directors. With Manoj Kohli’s extensive experience spanning 45 years in diverse global markets, […] Read more
Germany’s RWE To Build 1GW Solar Farm in Greece, Battery Storage Project in Netherlands Updated On Fri, Feb 9th, 2024 by Saurenergy Germany based renewable energy company RWE and Greek public firm PPC have announced their final investment decision for the construction of an additional photovoltaic project in the country. The plant will be built through their joint venture company Meton Energy. This solar farm is the last project of the 940 MWp (870 MWac) Amynteo portfolio, […] Read more
USFR To Invest $700 Million In OffShore Wind Projects On US East Coast Updated On Thu, Feb 8th, 2024 by Saurenergy US-based manufacturer of steel components US Forged Rings Inc. (USFR) today announced a $700M investment in the US offshore wind industry to construct a tower fabrication facility and a steel forging plant. The company will use these two facilities to service the growing domestic offshore wind market, filling a critical supply chain gap for offshore […] Read more
North America Witnesses Rise in 2023 Solar PPA Prices, Europe Registers Downfall: Report Updated On Thu, Feb 8th, 2024 by Saurenergy LevelTen, an analyst in the energy market sector, has noted that prices of Power Purchase Agreements (PPAs) in North America have risen over the course of time while that in Europe has decreased with time. The analyst, LevelTen also added in its report that the increase in price across North America has varied as per […] Read more
