Five Reasons That Make Agrisolar Significant To The World Updated On Mon, Jul 17th, 2023 by Saurenergy Agrivoltaics refers to the simultaneous use of land for agriculture and photovoltaic (PV) power generation. It is great idea for a country like India, where over 60% of land is employed for agriculture, and the scarcity of land is a persistent problem thanks to an expanding population and urbanisation. Agrivoltaics offer a promising prospect in […] Read more
CERC Grants Additional Time To HPX To Meet Min Net Worth Norm Updated On Mon, Jul 17th, 2023 by Saurenergy The Central Electricity Regulatory Authority (CERC), in its latest order, granted the Hindustan Power Exchange Limited (HPX) additional time to meet the minimum net worth norm. HPX is one of the few operational power exchanges in India. As per the CERC (Power Market) Regulations 2021, these power exchanges are bound to meet the minimum net worth […] Read more
Japan’s Orix Bank to Extend $2.89 Billion Funding For Renewables Portfolio Updated On Mon, Jul 17th, 2023 by Saurenergy Japanese digital lender Orix Bank will extend roughly 400 billion yen ($2.89 billion) of financing this fiscal year to renewable energy and logistics projects in a bid to diversify its portfolio away from real estate. The lending, which is to be directed toward project financing, will account for nearly a fifth of outstanding loans projected […] Read more
EIB Delegation to India to Focus on RE Intiatives, Green Hydrogen Ecosystem Updated On Fri, Jul 14th, 2023 by Saurenergy A European Investment Bank (EIB) delegation is embarking on a four-day business visit to India this week to strengthen collaboration with Indian public and private sector partners. The visit of the delegation, which includes EIB Vice-President Kris Peeters, will primarily focus on discussing EIB’s support for clean energy investments and transportation initiatives in the country. […] Read more
CleanMax Commissions 400 MW Wind Solar Hybrid Plant in Gujarat Updated On Fri, Jul 14th, 2023 by Saurenergy Renewable energy firm in the C&I (commercial and industrial) sector, CleanMax has commissioned a 400 MW solar-wind hybrid project in Gujarat. The project, which began last year, has completed the commissioning of the project in a period of 14 months. In the hybrid project, wind claims a slightly higher share as against solar, informs the […] Read more
India Likely To Add 45 GW Of New Renewable Capacities By 2025: Report Updated On Fri, Jul 14th, 2023 by Saurenergy A latest report by CareEdge ratings claimed that India is likely to add 45 Gigawatt (GW) of new renewable energy capacities in the next two fiscals. The rating agency said the estimates were based on the healthy project pipeline and a strong bidding roadmap laid by the government. The report also sheds light on the […] Read more
Eku Energy Secures Exclusive Rights for 1 GW Battery Storage Projects in Italy Updated On Thu, Jul 13th, 2023 by Saurenergy The energy storage developer Eku Energy has signed a Framework Agreement with Renera Energy, a European consulting, trading and development group, securing the former exclusivity over 1 GW of battery storage projects in Italy. As part of the agreement, Eku Energy is already funding projects with a combined capacity of over 100 MW in the […] Read more
From Potential to Progress: What Does Africa Renewable Energy Journey Look Like? Updated On Thu, Jul 13th, 2023 by Saurenergy With 33 out of the world’s 47 least-developed countries nestled within its borders, and with more than half of the population in Africa having no access to electricity, the African continent stands as a veritable gold mine for those with a vision for progress in renewable energy. This article focuses on the progress made against […] Read more
EV Smart Battery Manufacturer Neuron Energy Secures INR 200 Mn Funding Updated On Wed, Jul 12th, 2023 by Saurenergy EV smart battery manufacturer Neuron Energy has successfully raised INR 200 million in its Pre-Series A Round. The investment was led by Equanimity Investments and the Rajiv Dadlani Group and also saw participation from Chona Family Office (Havmor Group) and Kayenne Ventures, along with family offices and HNI investors. Neuron Energy says that this funding […] Read more
