IREDA Launches First-Ever Perpetual Bonds To Raise ₹1,247 Cr Updated On Thu, Mar 20th, 2025 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA) has launched its first-ever issue of Perpetual Bonds for an amount of ₹1,247 crores at an annual coupon rate of 8.40%. This development comes soon after IREDA’s board decided to hike the borrowing limit for FY25 to Rs 29,200 crore from Rs 24,200 crore. IREDA, the Navratna company […] Read more
Budget: Himachal Announces Interest Subsidies For Solar Projects Updated On Thu, Mar 20th, 2025 by Saurenergy The Himachal Pradesh government has now envisioned to become the first green state of India. In its latest budget presented by Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu, the CM announced several measures to bolster the growth of solar energy in the state. This included interest subsidies for solar projects up to 1 MW in […] Read more
Graduate MEP BIM Engineer Updated On Wed, Mar 19th, 2025 by Saurenergy We are looking for a motivated Graduate MEP BIM Engineer to join our dynamic team. The successful candidate will play a key role in the Building Information Modelling (BIM) for Mechanical, Electrical, and Plumbing (MEP) systems in Revit software. Responsibilities:- Create detailed 3D MEP models using BIM software such as Revit, AutoCAD and Navisworks. Collaborate […] Read more
Trina Storage Unveils Latest Energy Storage Solutions Updated On Wed, Mar 19th, 2025 by Saurenergy Trina Storage, a global firm offering energy storage solutions and a business unit of Trinasolar, has unveiled its next-generation Elementa 2 Pro 5MWh energy storage system for the first time in Australia at the 2025 Energy Storage Summit held in Sydney. As one of the most influential events within the global energy storage industry, the […] Read more
News In Brief March 19: US Solar Cell Plant, Tripura Solar Subsidy, Prysmian-Edison Deal, Updated On Wed, Mar 19th, 2025 by Saurenergy Tripura Has Installed 12,800 Solar Plants: Power Minister Tripura has already completed the installation of about 12,800 solar plants, according to state power minister, Ratan Lal Nath. He added that the state will receive a subsidy of up to Rs 85,800 for 3-kilowatt solar plants. Under the scheme, Tripura offers residential electricity consumers will receive […] Read more
Battery Storage Era: 5 Reasons BESS Is Supercharging the RE Revolution Updated On Wed, Mar 19th, 2025 by Saurenergy Among many things, 2024 will probably remain a marker for the momentum it built up for Battery Energy Storage Systems (BESS). So sharp has been the pick up here that even countries like the UK which had special focus on Pumped Hydro Storage (PSP) have changed rules in recent weeks to allow BESS projects to […] Read more
Ayana Renewable To Raise Rs 150 Cr From IL&FS Mutual Fund Updated On Tue, Mar 18th, 2025 by Saurenergy Renewable energy company, Ayana Renewable is set to raise Rs 150 crore (approximately $17.4 million) in debt from IL&FS Mutual Fund. This funding comes just a month after the company signed a share purchase agreement with the ONGC-NTPC Joint Venture. The board at Ayana Renewable has passed a special resolution to issue 1,500 non-convertible debentures […] Read more
RMC Switchgears Gets 50 MW Rooftop Project For Solar Initiatives Updated On Mon, Mar 17th, 2025 by Saurenergy Rajasthan-based RMC Switchgears has received a Letter of Acceptance (LoA) from the Rajasthan Government for a 50 MW rooftop solar project. The installations will be spread across state government buildings in Jaipur and Dausa. Project Scope and Financials Under the contract, RMC Switchgears will be responsible for the design, supply, erection, and commissioning of rooftop […] Read more
Over $900M Mobilized For Clean Energy At 2025 SEforALL Forum Updated On Mon, Mar 17th, 2025 by Saurenergy The SEforALL Global Forum committed over USD 900 million to scale energy access and drive the clean energy transition. Moreover, key global partners announced initiatives aimed at accelerating clean energy investments and promoting sustainable development worldwide. The SEforALL Global Forum held from 12-13 March in Bridgetown was co-hosted by SEforALL and the Government of Barbados […] Read more
