IREDA Signs MoU with IOB For Co-lending For Renewable Energy Projects Updated On Thu, Jan 18th, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA), a non-banking financial institution under the Ministry of New and Renewable Energy (MNRE), has signed a Memorandum of Understanding (MoU) with Indian Overseas Bank (IOB) pertaining to co-lending and loan syndication for a diverse spectrum of renewable energy projects across the country. The MoU includes provisions for co-lending […] Read more
20% Growth In EVs Registered In June to December YoY: Minister Updated On Wed, Dec 20th, 2023 by Saurenergy Minister of State for Heavy Industries, Krishan Pal Gurjar, mention in a written reply to the parliament that ‘There has been no slowdown in the sale of electric vehicles in the country during the previous two months.’ The statement comes even as talk of removing the FAME 2 subsidy for electric vehicles in the near […] Read more
Sr. Design Engineer NPD-VTBA Updated On Tue, Nov 28th, 2023 by Saurenergy Roles and Responsibilities:- Customer Focus:- Understand the scope of work for New Product Development. Selection/computation of the main machine components and materials in cooperation with the project team. Design Subsystems/Commodities of the generator and light towers. Work independently and support the project leader for on-time in full project deliverables. Look for innovative techniques other than […] Read more
SECI’s Aggregate Capacity of PSA Agreements Exceeds 50 GW Updated On Sun, Oct 22nd, 2023 by Saurenergy Solar Energy Corporation of India (SECI), a Miniratna Central Public Sector Enterprise under the Ministry of New & Renewable Energy has surpassed the milestone of 50 GW aggregate capacity of agreements signed under Power Sale Agreements (PSAs). The latest quantum of PSAs signed stands at 50,292.64 MW now, where SECI is the trader as an […] Read more
German Inverter Major SMA Brings String Inverter For C&I Segment To India Updated On Wed, Sep 13th, 2023 by Saurenergy SMA India has unveiled the Sunny Tripower Core2 110KW to the Indian market as an advanced solution for medium to large-sized commercial PV systems. While already available in global markets, the string inverter with AFCI in India is seen as a premium option for the market. The company release says that the SMA Sunny Tripower […] Read more
SECI Projects Account For 18% of India’s Solar Capacity: Govt Updated On Fri, Aug 11th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) claimed that 18.3 percent of India’s total solar energy capacity was contributed by the Solar Energy Corporation of India (SECI). The information was given by the Union New and Renewable Energy Minister RK Singh in his written reply before the Lok Sabha. The minister said that in […] Read more
France Becomes Top Net Power Exporter of Europe Updated On Wed, Aug 9th, 2023 by Saurenergy A recent report by EnAppSys, an energy data consultancy provider, indicates that France became the largest net power exporter of Europe, surpassing Sweden. On the other hand, Germany became a net importer from a net exporter of power during the first half of this year. The report showcases the recent progress in France’s position in […] 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
Govt Owned Firms Install Just 1,632 MW of RE Capacity In India As On April ’23 Updated On Fri, May 12th, 2023 by Saurenergy The National Power Portal has released its latest report for the renewable capacity that India installed at the close of April 2023. The cumulative installed capacity stood at 125692 MW as on April 30, 2023. Not surprisingly, of this, solar power claims a large chunk of 67077.88 MW, while wind stands at 42868.08 MW. Notably, […] Read more
