Premier Energies To Seek Rs 1500 Crore In IPO Soon Updated On Mon, Apr 22nd, 2024 by Saurenergy Premier Energies Limited, India’s second largest integrated solar cell and solar module manufacturer (in terms of annual installed capacity of 2 GW and 3.36 GW, respectively as per a Frost & Sullivan Report), as of March 31, 2024, has filed the draft red herring prospectus (DRHP) with capital markets regulator, SEBI to raise more than […] Read more
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
India To Have 122GW Installed Wind Capacity By 2032: GWEC Report Updated On Thu, Apr 18th, 2024 by Saurenergy India is expected to more than double its onshore wind and solar PV capacity by 2028 and achieve its milestone of 50% non-fossil fuel generation before 2030, according to the Global Wind Report by the Global Wind Energy Council. As far as wind energy is concerned, the GWEC report shed light on the country’s wind […] Read more
Hartek Group Secures Rs 474 Crore Solar Project In Rajasthan Updated On Wed, Apr 10th, 2024 by Saurenergy Hartek Group has announced it has bagged the EPC contract bagged at a value of Rs 474 Crore. The large turnkey order, awarded by a prominent global renewables IPP underscores Hartek Group’s leading position in the industry encompassing the entire project lifecycle. The project entails the development of a sprawling 300MW ground-mount solar PV power […] Read more
FIMER’s Made In India Inverters Shine In Key Indian PV Projects: KN Sreevatsa, MD Updated On Tue, Apr 9th, 2024 by Saurenergy 1.How was the year 2023 for FIMER in India In 2023, FIMER achieved a groundbreaking feat by securing its first major order of the year — a substantial 2.45 GW contract from a single client at a specific location in India. This was particularly significant as it involved the successful conclusion of the NTPC Phase […] Read more
News In Brief- Schneider World Tour, IG Drones, Vianode, StoreDot Updated On Thu, Apr 4th, 2024 by Saurenergy Schneider Electric Begins Innovation Summit World Tour, Unveiling New Collaborations Energy management and automation company Schneider Electric has kicked off its Innovation Summit World Tour, regarding the need for immediate action and ongoing collaboration to accelerate the energy transition and tackle the climate crisis. “In the wake of record-breaking global warming reported in 2023, we’re […] Read more
Torrent Power Secures 450 MW Wind-Solar Hybrid Project Updated On Mon, Apr 1st, 2024 by Saurenergy Torrent Power, a Gujarat power company has announced it has secured 300 MW power from wind-solar hybrid energy projects, with a greenshoe option of up to 150 MW through an auction. Further, the company also stated that it won the auction after quoting Rs 3.65/kWh The tender for 300 MW of power supply, with a […] Read more
HPPCL Issues Tender For 13 MW Solar Project In Solan Updated On Fri, Mar 22nd, 2024 by Saurenergy HPPCL has issued a tender inviting online bids from eligible and qualified bidders on Single Stage Two Envelope (i.e. Envelope-I: Technical Bid and Envelope-II: Price Bid for the work with e-Reverse Auction for “ Design, Supply, Construction & Erection, Testing, Commissioning and Operation & Maintenance For 08 (Eight) Years of Solar Power Projects, of 13 […] Read more