News In Brief Nov 27: Ecofy Partners With Swelect, TOYO Secures $150 Mn Contract Updated On Wed, Nov 27th, 2024 by Saurenergy Ecofy Partners With Swelect Energy To Increase Rooftop Solar Adoption Across South India Ecofy, India’s green-only NBFC backed by Eversource Capital and committed to financing India’s green transition has announced a partnership with Swelect Energy Systems Limited (formerly known as Numeric Power Systems Limited). This collaboration combines Ecofy’s digital lending expertise with SWELECT’s manufacturing and […] Read more
Cheap Solar and Expensive Power- Pakistan’s Sobering Experience So far Updated On Wed, Nov 27th, 2024 by Saurenergy Readers will be aware that we have occasionally tracked the growth of solar in Pakistan here. What has been interesting is the fact that the country, while performing poorly at an institutional level, has seen the kind of solar boom that would rival almost any country elsewhere over the past year and more. Reports claim […] Read more
RE100 Firms Added 57 GW Of Renewable Power, Says BNEF Report Updated On Tue, Nov 26th, 2024 by Saurenergy A latest report from Bloomberg New Energy Finance (BNEF) has shed light on the transition of clean energy corporations. The report said that clean energy corporations have undergone a significant transition in the Asia-Pacific (APAC). It said that the transition was more significant over the last two decades. The research agency said that these corporations […] Read more
Amid Adani Row, SECI Clarifies Its Stand On Its Role In RE Projects Updated On Tue, Nov 26th, 2024 by Saurenergy Amid ongoing controversy surrounding the renewable energy division of the Adani Group, the Solar Energy Corporation of India (SECI) has issued a statement. While not directly addressing the controversy, SECI highlighted its critical role in India’s renewable energy sector. To date, SECI has awarded approximately 70 GW of renewable energy tenders. The Renewable Energy Implementing […] Read more
SaurEnergy Explains- The Solar Tender At the Centre of Adani’s US Controversy Updated On Mon, Nov 25th, 2024 by Saurenergy By now, a lot has been written about the charges brought at a US district court against key names in the Adani group, besides Azure power. While those charges will be contested no doubt by the firms as already announced, it is a good time to understand just what tender it was where allegations of […] Read more
NTPC Green IPO Subscribed 2.4 Times In Three Days Updated On Fri, Nov 22nd, 2024 by Saurenergy NTPC Green, the renewable energy arm of NTPC witnessed a moderate response over its Initial Public Offering (IPO), compared to the highly subscribed IPOs of recently-listed solar energy companies. As per the data available, NTPC Green IPO was subscribed 2.4 times on the final day of bidding. The issue received bids of 1,42,55,97,546 shares against […] Read more
Manufacturing NPI Engineer Updated On Fri, Nov 22nd, 2024 by Saurenergy The Manufacturing NPI Engineer will be responsible for processing NPI Product / Projects through structured gated system and will engage internal and external resources to ensure product / projects are delivered on time with considering safety, quality, and cost in manufacturing Phase. Manufacturing NPI Engineer will act as a bridge between Engineering product/program team and […] Read more
Hyundai Motor, Fourth Partner Collaborate For 118 MW RE Project Updated On Thu, Nov 21st, 2024 by Saurenergy Fourth Partner Energy Private Limited (FPEL), through its Special Purpose Vehicle (SPV), FPEL Tamil Nadu (TN) Wind Farm Private Limited, recently signed Power Purchase Agreements (PPA)s with Hyundai Motors for both wind and solar power. FPEL TN Wind Farm Private Limited, an SPV created by the Telangana-based Fourth Partner Energy, aims to enhance the company’s […] Read more
The Top 5 Largest Solar Projects In South East Asia Updated On Thu, Nov 21st, 2024 by Saurenergy The Association of Southeast Asian Nations (ASEAN) stands out as a hub of economic growth, with energy demand surging to keep pace. While global energy demand rose by 16 percent between 2015 and 2021, ASEAN nations experienced a sharper 22 percent rise during the same period. The region’s renewable energy landscape is transforming, led by […] Read more