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
Abu Dhabi Seeks RFP For 1.5 GW Solar Project Updated On Fri, Apr 19th, 2024 by Saurenergy Abu Dhabi’s Emirates Water and Electricity Company (EWEC) has issued a request for proposals (RFPs) for a 1.5GW solar PV plant in Abu Dhabi. Abu Dhabi follows a model where RFP’s are offered to firms from a closed pool of previously accepted developers that had bid for the Khazna project in September last year. The […] Read more
NTPC Green Energy Limited Inks MoU with Indus Towers Limited Updated On Fri, Apr 19th, 2024 by Saurenergy NTPC Green Energy Limited (NGEL) and Indus Towers Limited (ITL) have signed a Memorandum of Understanding (MoU), to address the need for pacing green energy objectives and the GoI’s efforts towards carbon neutral economy. The MoU was signed by Soumya Kanti Chowdhuri, Chief General Manager, NGEL and Vikas Poddar, Chief Financial Officer (CFO), ITL in […] Read more
Inox Wind Gets Repeat Order for 210 MW WTGs From Hero Future Energies Updated On Fri, Apr 19th, 2024 by Saurenergy Inox Wind Limited (IWL), one of India’s leading wind energy solutions provider, has bagged an order for the supply of 210 MW of Wind Turbine Generators (WTGs) from Hero Future Energies (HFE), the renewable energy developer from the Hero group. The order is for IWL’s state-of-the-art 3 MW Wind Turbine Generators (WTGs), and the scope […] Read more
Stellantis To Invest $100mn in Argentina’s Solar Energy Sector Updated On Thu, Apr 18th, 2024 by Saurenergy Stellantis, the automotive giant behind brands like Citroen, Fiat, and Peugeot, is taking a significant step towards sustainability by investing $100 million in Argentina’s solar energy sector. The company announced its acquisition of 49.5% of 360 Energy Solar, a prominent player in the country’s solar power market. This move is part of Stellantis’ strategy to […] Read more
April 18 – KPI Green, Shakti Pumps Lead Strong Green Move On Another Tough Day For Markets Updated On Thu, Apr 18th, 2024 by Saurenergy On yet another down day for the markets, our green pack continued to more than hold its own, with 7 of the 11 stocks being tracked in the green. Leading the charge, besides the by now inevitable upper circuit for Waaree Renewable, is KPI Green Energy, and Shakti Pumps. While KPI Green has been adding […] Read more
Recurrent Energy Secures $70 Million Financing For 152 MW Brazil Solar Project Updated On Thu, Apr 18th, 2024 by Saurenergy Solar and energy storage assets firm Recurrent Energy has announced that it has secured $70 million of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil. The 152 MW Jaiba III project will be financed over 22 years spanning both construction and operation phases. Linked […] Read more
News Briefs, April 18- Amazon Solar, IREDA, ib Vogt, Sapience Automata Updated On Thu, Apr 18th, 2024 by Saurenergy IREDA’s Strategic Move: GIFT City Office to Boost Green Hydrogen and RE Manufacturing Projects Indian Renewable Energy Development Agency Ltd. (IREDA) has inaugurated an office in GIFT City, Gandhinagar, specializing in the provision of Foreign Currency-denominated debt options which will significantly reduce the financing costs associated with Green Hydrogen and Renewable Energy Manufacturing projects, facilitating […] Read more
