Maharashtra Discom To Get Solar Energy At Rs 3.30/Unit Under Rural Solar Scheme Updated On Mon, May 15th, 2023 by Saurenergy The Maharashtra State Electricity Distribution Company Limited (MSEDCL) is now all set to procure 150 Megawatt (MW) of solar power on a long-term basis under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) at the rate of Rs 3.30 per unit. The Maharashtra Electricity Regulatory Commission (MERC) also approved these rates recently. The scheme allows farmers or […] Read more
MNRE To Hold Talks On Financing New Technologies At G20 WG Meet Today Updated On Mon, May 15th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) will conduct a brainstorming session on low-cost finance for new and emerging technologies in Mumbai today. The event will be organized on the sidelines of the third Energy Transition Working Group (ETWG) meeting at the Jio World Convention in Mumbai. The event will likely discuss ways to […] Read more
Mufin Has Disbursed Highest Loans in Uttar Pradesh: Pankaj Gupta, Mufin Green Finance Updated On Mon, May 15th, 2023 by Saurenergy Mufin Green Finance, which claims to be India’s first listed NBFC dedicated to green financing, began its journey in 2016 with E-rickshaws way back. The firm claims a market share of 5% in e-rickshaw financing and says it has been able to keep the NPAs as low as 1.92%. With a portfolio dominated by borrowers […] Read more
EPU Manager Updated On Fri, May 12th, 2023 by Saurenergy Capacity /workload management – People Utilization, Productivity improvement, tools management, Internal & External Demerits, Cost of Non Quality from Rework time and material, First Yield Pass at testing & final quality control, Customer Service Level – Delivery Performance, MPS Accuracy (%) RESPONSIBILITIES:- Ensure safety, respect of work equipment and environment: enforce company safety rules, improve […] Read more
RWE Invests €8 Billion In Green Energy In Q1, 2023 Updated On Fri, May 12th, 2023 by Saurenergy German energy company–RWE is making swift progress in green energy as it expanded its green portfolio by 4.9 Gigawatt (GW) in the first quarter of 2023 alone. It was done through a massive investment of EUR 8 billion. The EUR 6.3 billion acquisition of Con Edison Clean Energy Businesses in the US represented the largest […] Read more
Verizon Materialises $1 Billion Bond For Renewable Energy Projects Updated On Thu, May 11th, 2023 by Saurenergy Telecom major Verizon Communications has announced to have settled its fifth green bond offering of $1 billion. The New York headquartered firm said that the net proceeds of the funds are expected to be allocated entirely toward renewable energy investments. The objective to invest in renewables is to accelerate the transition towards green electrical grids […] Read more
The Promise Of Solar Energy From Space Updated On Thu, May 11th, 2023 by Saurenergy Solar space farms? One of the most fascinating developments in the renewable energy sector has been the possibility of putting solar technology in space. NASA, in 1977, claimed that in the coming years space solar could completely replace fossil fuels. The study and investments were stopped citing a lack of understanding of the technology required […] Read more
Corporate PPA Contracts Added 148 GW of RE From 2015 to 2022: WBSCD Updated On Thu, May 11th, 2023 by Saurenergy As per a recent report shared by World Business Council for Sustainable Development (WBSCD), 23% of the firms that aimed for 100% renewable energy have achieved their goal of 100% renewable energy. Furthermore, by 2021, companies committing to procure 100% renewable power through RE100 were procuring 49% from renewable sources, equating to 184 TWh of […] Read more
Vattenfall Issues £250 Million Hybrid Bond To Finance Green Energy Projects Updated On Thu, May 11th, 2023 by Saurenergy Swedish energy conglomerate Vattenfall has announced that it has successfully issued a £250 million green fixed-rate hybrid bond with an objective of financing eligible green projects that meet the requirements of green financing framework of Vattenfall. The company held that the bond issue was almost three times oversubscribed. This is Vattenfall’s first hybrid bond issued […] Read more