PM Surya Ghar: National Roofop Solar Vendors To Submit BGs Worth Rs 25L Updated On Wed, May 8th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) in its latest memorandum has proposed a bank guarantee worth Rs 25 lakh for rooftop solar vendors. This is meant to be for the vendors who want to get registered with the National Rooftop Portal as a ‘National Vendor’. This comes at a time when the installation […] Read more
India Overtakes Japan To Become World’s 3rd Largest Solar Power Generator Updated On Wed, May 8th, 2024 by Saurenergy India’s growth in solar generation in 2023 pushed the country past Japan to become the world’s third-largest solar power generator, according to a report by global energy think tank Ember. It has climbed from ranking ninth in 2015. The Global Electricity Review provides the first comprehensive overview of the global power system in 2023 based […] Read more
German, French Investment Groups Form JV for 500MW Projects in Germany Updated On Wed, May 8th, 2024 by Saurenergy The German renewables investor and asset manager Aream Group and Eiffel Investment Group, represented by the Eiffel Transition Infrastructure Fund have formed a joint venture with an aim to develop clean energy projects in Germany. The joint venture will develop numerous projects in the fields of photovoltaics and batteries in the coming years. Eiffel will […] Read more
Ecofy Partners With Waaree Energies For Low-Cost Solar Finance Updated On Wed, May 8th, 2024 by Saurenergy Solar PV module maker Waaree Energies Limited has signed an agreement with rooftop solar financing firm Ecofy, an NBFC backed by Eversource Capital, committed to providing green finance for solar projects from Waaree. According to a statement by Waaree Energies, Ecofy has committed Rs 100 crore to partnering with Waaree Energies for boosting solar finance. […] Read more
L&T Bags Orders For Two Floating Solar Project Worth 150 MWac, 120 MW Ground Mounted Project Updated On Wed, May 8th, 2024 by Saurenergy Larsen & Toubro’s (L&T) power transmission and distribution (PT&D) business has won multiple orders in India and abroad. The business has bagged orders to establish two floating solar plants in India. The orders secured by L&T comprise a cumulative floating solar capacity of more than 150 MWac, in addition to a ground-mounted solar PV of […] Read more
Delhi Gets First Commercial Utility-Scale BESS Project After DERC Approval, Backed By GEAPP Updated On Wed, May 8th, 2024 by Saurenergy In a significant step, the Delhi Electricity Regulatory Commission (DERC) has granted regulatory approval of India’s first commercial standalone Battery Energy Storage System (BESS) project. This groundbreaking initiative is supported by The Global Energy Alliance for People and Planet (GEAPP’s) concessional loan amounting to 70% of the total project cost and is in partnership with IndiGrid and BSES Rajdhani […] Read more
With Legislations In Hand, Virginia Set To See A Rise Of Community Solar Updated On Wed, May 8th, 2024 by Saurenergy Since 2022, efforts to kickstart a shared solar programme in southwest Virginia in the United States (US) have been stalled. But this year, a renewed push brought it to life. The General Assembly at the Senate and the House of Delegates passed separate legislations, SB 253 and HB 106, to enlarge Dominion Energy’s existing community […] Read more
News In Brief May 8- GEAPP, Battery Smart, AEROCOMPACT, ESRI Updated On Wed, May 8th, 2024 by Saurenergy GEAPP Launches Climate Africa Warsha to Advance Renewable Energy Reporting The Global Energy Alliance for People and Planet (GEAPP) and its alliance partners hosted the inaugural Climate Africa Warsha on World Press Freedom Day. The “Warsha” which means ‘workshop’ in Swahili creates a platform where journalists can connect with key renewable energy stakeholders, equipping them […] Read more
Green Stocks: KPI Energy, Waaree Buck Market Trend To See Prices Jump Updated On Tue, May 7th, 2024 by Saurenergy In the last one day four out of nine green energy stocks witnessed a jump while the majority of them reported a slump. Borosil Renewable, Waaree Renewable Technologies, KPI Green Energy and Shakti Pumps remained the only green firms in the list which reported a positive growth in their share prices. KPI Green Energy reported […] Read more
