Perovskite Tech Company Swift Solar Secures $8 Mn in Series Seed 2 Funding Updated On Wed, Dec 16th, 2020 by Saurenergy Swift Solar has secured more than USD 8 million in Series Seed 2 funding, with an additional USD 1.5 million expected to close soon. Swift Solar, a solar PV technology company working on perovskite technology, has announced that it has secured more than USD 8 million in Series Seed 2 funding, with an additional USD 1.5 million expected to close soon, for a […] Read more
EESL, MSEDCL Commission 8 MW Solar Agro Project at Devdaithan Updated On Tue, Dec 15th, 2020 by Saurenergy EESL and MSEDCL have commissioned an 8 MW solar-agro project at Devdaithan. The work on the project was completed in six months. Energy Efficiency Services Limited (EESL) and Maharashtra State Electricity Distribution Company Limited (MSEDCL) have commissioned a 7987 kWp (8 MW) solar-agro project at Devdaithan. The work on the project was completed in six […] Read more
RfP for Transmission System for Evacuation of Power from SEZ in Rajasthan Updated On Tue, Dec 15th, 2020 by Saurenergy REC seeking Transmission Service Provider to establish transmission system for the evacuation of power from SEZ in Rajasthan under phase II The Ministry of Power has appointed REC Transmission Projects to be the Bid Process Coordinator (BPC) for the purpose of selection of bidder as Transmission Service Provider (TSP) to establish transmission system for transmission […] Read more
RWE Sells 51% Stake in 4 Texas Wind Farms to Algonquin Subsidiary for $600 Mn Updated On Tue, Dec 15th, 2020 by Saurenergy RWE has signed an agreement with a subsidiary of Algonquin Power to sell a 51 percent stake in four of its onshore wind farms in Texas Leading renewable energy company RWE has announced that it has signed an agreement with a subsidiary of Algonquin Power & Utilities Corp to sell a 51 percent stake in […] Read more
Fitch Ratings Bumps Up IREDA Credit Ratings Updated On Mon, Dec 14th, 2020 by Saurenergy Global ratings agency, Fitch Ratings has upgraded Indian Renewable Energy Development Agency Limited ‘s (IREDA) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) and long-term senior unsecured rating to ‘BBB-‘ from ‘BB+’. The Outlook is Negative. At the same time, Fitch has upgraded the Short-Term IDR and the short-term senior unsecured rating to ‘F3’ from […] Read more
MNRE Seeks Comments on Draft Tender for Component-B of KUSUM Scheme Updated On Fri, Dec 11th, 2020 by Saurenergy MNRE has requested comments on the draft tender prepared by EESL for the installation of standalone solar pumps under component-B of KUSUM. The Ministry of New and Renewable Energy (MNRE) is implementing the PM-Kisan Urja Suraksha Evam Utthan Mahabhiyan (KUSUM) scheme under which standalone solar pumps are being installed with government financial support. During FY […] Read more
763.47 MW Added in November, India’s Total RE Capacity Surpasses 90 GW Updated On Fri, Dec 11th, 2020 by Saurenergy India’s renewable energy (RE) capacity has surpassed the 90 GW mark, with 763.47 MW of new capacity added during the penultimate month of 2020. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of November 2020, detailing all the events and development that took place […] Read more
Tender Issued for Solar Home Lighting Systems for SC Beneficiaries in Assam Updated On Thu, Dec 10th, 2020 by Saurenergy A tender has been issued for fixation of rates for a period of 1 year for solar PV home lighting systems for the SC beneficiaries of Assam. The Directorate of Welfare of Scheduled Castes, Government of Assam, has issued a tender, inviting bids from eligible manufacturers/ distributors /dealers on a rate contract basis for fixation […] Read more
SECI Extends EOI for Empanelment of Agencies for Work in E-Mobility Space Updated On Thu, Dec 10th, 2020 by Saurenergy SECI has extended its EOI for empanelment of agencies for the identification & implementation of business opportunities in the e-mobility space The Solar Energy Corporation of India (SECI) has extended its EOI for empanelment of agencies for the identification and implementation of business opportunities in the electric mobility (e-mobility) space in line with the national […] Read more
