IIT-D Researchers Develop More Efficient Solar PV Towers Updated On Mon, Feb 7th, 2022 by Saurenergy Researchers at Indian Institute of Technology Delhi (IIT-D) have developed highly efficient, shadowless and auto rotating solar PV towers for photovoltaic power generation in a particular area throughout the day. According to the institute, the “non-mechanical” and “mechanical” tracking solar PV towers with reflection concentration are viable for all Indian seasons with high energy density. […] Read more
Ayana, Fortum bag 600 MW Solar Power Auctions for Gadag, Koppal in Karnataka Updated On Mon, Feb 7th, 2022 by Saurenergy Leading solar power companies Project Eight Renewable Power Private Limited (Ayana) and Solar One Energy Private Limited (Fortum) have won 600 MW in Solar Energy Corporation of India’s (SECI) solar power auctions. This particular bid was for the Gadag Sub-Station. Talking about individual success of both the players, Ayana has won 300 MW capacity at […] Read more
Senior Engineer – Product & Thermal Engineering Updated On Fri, Feb 4th, 2022 by Saurenergy The Engineer will support or lead simple to complex projects or phases of a project to ensure the completion of milestones against a committed timeline. Projects could be NPD, NTP, Productivity, RTS or Q&R type. This role calls for collaboration with cross-functional & multi-location teams to ensure that the projects are accomplished to high quality, adhering to […] Read more
Bounce Clocks 1 M Battery Swaps — A First in Indian EV Market Updated On Fri, Feb 4th, 2022 by Saurenergy Smart mobility firm Bounce said on Thursday it has achieved over a million battery swaps on its energy infra network, making it the first player in the domestic market to accomplish such a feat. Backed by marquee investors such as Accel, Accel US, Sequoia Capital India, Falcon Edge, Qualcomm and Omidyar Network, among others, Bounce […] Read more
Supply Chain Plus BCD Claims First Big Casualty, As Scatec, ACME Pause 900 MW Project Updated On Thu, Feb 3rd, 2022 by Saurenergy Supply chain bottlenecks and infrastructural gaps are hurting the renewables sector of the country badly. In a fresh development, Norway’s leading solar player Scatec and India’s ACME have declared that they are pausing their 900 MW solar power project in India for the moment. The project was worth $400 million and was coming up in […] Read more
With Green Bonds in Budget’22, RE Financing Grows in India: IEEFA Updated On Thu, Feb 3rd, 2022 by Saurenergy As India’s renewable energy sector growth continues to outpace all other global economies, the Budget announcement on issuing green bonds – which are among the most widely used instruments for funding green infrastructure – will massively support this trajectory, finds a new report out by the Institute for Energy Economics and Financial Analysis (IEEFA). The union […] Read more
ReNew Announces $250 Million Share Buyback and Preliminary Results for Q3 FY’22 Updated On Thu, Feb 3rd, 2022 by Saurenergy Nasdaq listed ReNew Energy Global plc has announced that its Board of Directors has authorized a new $250 million share repurchase program to buy back Class A Ordinary Shares (“Share Repurchase Program”) in the capital of the Company. In addition, the Company is providing updates on certain financial metrics for the quarter and nine months ended December 31, […] Read more
Maha Discom Invites Bids for 865MW Solar Projects Updated On Wed, Feb 2nd, 2022 by Saurenergy Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has invited bids for the procurement of 865 MW (AC) solar power from projects to be developed in Maharashtra through competitive bidding process (followed by e-reverse auction). The deadline for online bid submission is February 28, 2022, 4 pm. Other key details mentioned in the tender document are […] Read more
SBI Partners with Tata Power for Financing Solar Projects Updated On Tue, Feb 1st, 2022 by Saurenergy With an aim to strengthen the existing financing arrangement for solar power projects, India’s largest lender State Bank of India (SBI) has launched a dedicated centralized processing cell, ‘Surya Shakti Cell’, the company recently announced. SBI has entered into an agreement with Tata Power Solar Systems Ltd. for financing solar projects. Set-up in the Ballard Estate in Mumbai, the […] Read more
