Avaada Energy Secures Rs 4,471 Cr Refinancing For Rajasthan Solar Projects Updated On Fri, Apr 19th, 2024 by Saurenergy Avaada Energy, the renewable energy arm of Avaada Group, has announced the successful closure of one of the largest refinancing transactions in India’s renewable energy sector, securing about Rs 4,471 crore from the state-owned lender, the National Bank for Financing Infrastructure and Development (NaBFID). This refinancing transaction, conducted under a Restricted Group (RG) structure, encompasses […] Read more
POWERGRID To Evacuate 18 GW Power From Gujarat, Rajasthan Plants Updated On Fri, Apr 19th, 2024 by Saurenergy Power Grid Corporation of India, POWERGRID, has announced that it has won the contracts to establish three inter-state transmission systems (ISTS) projects on a build, own, operate, and transfer (BOOT) basis to evacuate 18 GW of power from several plants based in Rajasthan & Gujarat. These projects include a Transmission System for the evacuation of […] Read more
Recurrent Energy Secures $70 Million Financing For 152 MW Brazil Solar Project Updated On Thu, Apr 18th, 2024 by Saurenergy Solar and energy storage assets firm Recurrent Energy has announced that it has secured $70 million of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil. The 152 MW Jaiba III project will be financed over 22 years spanning both construction and operation phases. Linked […] Read more
News Briefs, April 18- Amazon Solar, IREDA, ib Vogt, Sapience Automata Updated On Thu, Apr 18th, 2024 by Saurenergy IREDA’s Strategic Move: GIFT City Office to Boost Green Hydrogen and RE Manufacturing Projects Indian Renewable Energy Development Agency Ltd. (IREDA) has inaugurated an office in GIFT City, Gandhinagar, specializing in the provision of Foreign Currency-denominated debt options which will significantly reduce the financing costs associated with Green Hydrogen and Renewable Energy Manufacturing projects, facilitating […] Read more
EESL Mart To Soon Sell Solar Modules, Tender Likely In One Month Updated On Thu, Apr 18th, 2024 by Saurenergy The Energy Efficiency Services Limited (EESL), a constituent body of the Ministry of Power is now all set to sell solar modules from Indian solar manufacturers to the consumers. The central government agency plans to sell these renewable energy products through its e-marketplace platform ‘EESL Mart’. The government agency is now undertaking stakeholder consultations to […] Read more
IEA’s PVPS Report 2024- Five Key Highlights Updated On Thu, Apr 18th, 2024 by Saurenergy The International Energy Agency’s PVPS program or Photovoltaic Power Systems Programme is promoting and facilitating the exchange and dissemination of information on the technical, economic, environmental and social aspects of PV power systems. it currently has 31 members, with India, and even the India backed International Solar Alliance (ISA), notable absentees. However, their 2024 report […] Read more
CleanMax, Apple Partner To Accelerate Renewable Adoption In India Updated On Thu, Apr 18th, 2024 by Saurenergy Renewable energy company–CleanMax (Clean Max Enviro Energy Solutions) today announced a joint venture with Apple. As part of the partnership, Clean Max has successfully installed 14.4 MW of rooftop solar installations across six industrial sites in India. These installations are expected to mitigate around 207,000 tons of carbon dioxide (CO2) emissions throughout their operational life. By […] Read more
Juniper Commission’s 70 MW Maiden Wind Project In Gujarat Updated On Wed, Apr 17th, 2024 by Saurenergy Juniper Green Energy has commissioned its maiden wind power project, which can contribute 70 MW to Gujarat’s renewable energy capacity. Currently, Gujarat has 25.2 MW operational capacity as part of the project’s progressive rollout. Juniper’s project was commissioned in almost 9 months before the scheduled commercial operations date (COD) of the project. This project is […] Read more
Elin Energy Begins Solar Manufacturing Facility In US Updated On Tue, Apr 16th, 2024 by Saurenergy Elin Energy, the European PV panel maker, has announced the commissioning of its first manufacturing facility in the United States. Elin is currently leasing the site in Twinwood Business Park from Welcome Group, a Houston-based leader in single-tenant real estate development and property management. Production began on March 5. The facility will produce only modules. […] Read more
