COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip Updated On Tue, Feb 13th, 2024 by Saurenergy Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar. Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […] Read more
US Households With Heat Pumps Witness 62% Drop Energy Bills: NREL Updated On Tue, Feb 13th, 2024 by Saurenergy NREL is a national laboratory of the US Department of Energy (DOE) for renewable energy and energy efficiency research development, operated for DOE and funded by the Department of energy’s Building Technologies Office. In its latest research, NREL shared research on the benefit of heat pumps for households. The research was co-authored by Prateek Munankarmi, […] Read more
India Sees Registration Of 36.68L Electric Vehicles, Says Govt Updated On Tue, Feb 13th, 2024 by Saurenergy Union Minister of Road, Transport and Highway Nitin Gadkari recently shared data on the plans to substitute fossil fuel vehicles with Electric Vehicles (EVs) and also shared the number of EV two-wheelers, four-wheelers, goods transport vehicles and passenger vehicles plying on the roads, as on till date. In a written reply to the parliament, the […] Read more
Jakson Solar, Credit Fair Tie Up To Boost Rooftop Solar Financing Updated On Tue, Feb 13th, 2024 by Saurenergy Credit Fair, a consumer lending fintech startup, has established a partnership with Jakson Solar, a part of the Jakson Group, a leading energy and infrastructure solutions company headquartered in Noida. The partnership has been planned to offer affordable solar equipment financing options to individuals, MSMEs, trust institutions and housing societies to install clean energy systems. […] Read more
JSW Energy Crosses 10 GW Locked-In Capacity With 500 MW LOA From SECI Updated On Tue, Feb 13th, 2024 by Saurenergy JSW Neo Energy Limited or JSW Neo, a wholly owned subsidiary of JSW Energy Limited, recently announced that it received a Letter of Award (LoA) for 500 MW wind capacity from Solar Energy Corporation of India Limited (SECI) JSW received this award against tariff based competitive bid invited for setting up of 1,350 MW ISTS-connected […] Read more
Singapore, UK, Mauritius, UAE Biggest Solar Investors In India: R.K Singh Updated On Mon, Feb 12th, 2024 by Saurenergy The union minister of new and renewable energy, R.K Singh shared details of the solar investment received within the by India in the last three years i.e., from 2020 – September 2023. He stated, “Indian solar sector has received 3860.158 million investments through foreign direct investment (FDI) within the country till 30th September 2023.” India […] Read more
Apraava Energy Bags New Energy Transmission Project In Madhya Pradesh Updated On Mon, Feb 12th, 2024 by Saurenergy Apraava Energy, a leading integrated energy solutions provider, announced today that it has secured a new greenfield interstate transmission project in Madhya Pradesh through the Government of India’s Tariff-Based Competitive Bidding (TBCB) process. The project involves setting up of ~ 40 kms of 765 kV double-circuit transmission lines and a 3,000 MVA substation. This is Apraava’s […] Read more
Nextracker, Sterling and Wilson In 2 GW Pact For Trackers In India Updated On Mon, Feb 12th, 2024 by Saurenergy US based global tracker leader Nextracker has announced it has won a repeat order from Sterling and Wilson Renewable Energy for Phase 2 and Phase 3 solar projects of NTPC at Khavda, Gujarat. The projects, for an aggregate size of 1.5GWdc (Phase 2) and 375MWdc (Phase 3) will be using Nextracker’s NX Horizon Solar Trackers. […] Read more
Sterlite Announces Fin Closure For Beawar Project From REC Updated On Mon, Feb 12th, 2024 by Saurenergy In yet another indicator of the improved funding environment for larger power projects, especially in the renewables sector, Sterlite Power, has announced a financial closure for its Beawar Transmission Limited (BTL) project. Sterlite project has secured funds totaling INR 2400 Cr. from REC Power Development and Consultancy Limited, a wholly owned subsidiary of Rural Electricity […] Read more
