Vivriti Capital Gets $25 Mn From ADB For Climate Finance Projects Updated On Tue, Oct 1st, 2024 by Saurenergy The Asian Development Bank (ADB) recently shared its plans to invest $25 million in a certified climate bond issue by Vivriti Capital Limited (VCL). This bond is being certified by the Climate Bonds Initiative to enhance access to climate finance for financially underserved enterprises, including micro, small, and medium-sized enterprises (MSMEs), mid-market corporates, and retail […] Read more
MNRE Amends Offshore Wind Lease Rules To Ease Process Updated On Tue, Oct 1st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently announced an draft amendment to the offshore wind energy lease rules, aimed at regulating the leasing of offshore areas for wind energy projects. The government can now grant leases for up to 35 years, with the possibility of extending them on a case-by-case basis, depending on […] Read more
Green Stocks Sep 30: Shakti Pumps Pumped Up By Bonus Announcement, Stocks Slip Updated On Mon, Sep 30th, 2024 by Saurenergy Even as the broader markets slipped, Green energy stocks followed as well today. Other than Shakti Pumps, powered up by the announcement of a board proposal for a 5:1 bonus issue, and Premier Energies, which continues to enjoy the confidence of punters for a stand-out quarterly performance. Among the rest, EPC firm SWREL suffered, down […] Read more
Khavda: Adani Green Signs JV Pact With TotalEnergies Updated On Mon, Sep 30th, 2024 by Saurenergy Indian renewable project developer Adani Green has now signed a Joint Venture (JV) agreement with Singapore-based energy company TotalEnergies to boost the growth of renewable energy projects at Khavda in Gujarat. The JV had been announced earlier this month. “In continuation of the Company’s earlier submission dated September 02, 2024 and subsequent to approval of […] Read more
Green Stocks Sep 27: Mixed Day For Green Stocks, As Waaree RTL, Tata Power, SJVN Shine Updated On Fri, Sep 27th, 2024 by Saurenergy For Green stocks, on an otherwise weak day for the broader markets, it was a mixed day, as stocks like KPI Green, Suzlon, and Inox Wind failed to retain gains made during the week. Even as Waaree RTL delivered another circuit-breaker day with a 5% jump, and Tata Power continued to jump among the heavyweights […] Read more
Volue Set To Build Trading Platform For RE Operators Updated On Fri, Sep 27th, 2024 by Saurenergy Volue, a Norwegian technology company headquartered in Oslo, recently launched its new Position Closer solution’s SaaS model for the energy market. Volue Position Closer is a software module launched, as part of the new ‘Volue Green Empower Ecosystem’. Over the next 18 months and beyond, Volue plans to expand this ecosystem with several new modules, […] Read more
Senvion Gets 210 MW Order For Its 4 MW Wind Turbines Updated On Fri, Sep 27th, 2024 by Saurenergy Wind turbine maker Senvion India today announced a new order (conditional) from Continuum Green Energy for 50 of its recently launched 4.2M160 wind turbine generators (WTGs), totalling 210 MW. The project is scheduled for deployment in Gujarat or Karnataka, with deliveries beginning in April 2026. In addition to the initial 50 WTGs, the agreement allows […] Read more
SJVN, Maharashtra Partner To Develop PSPs, Floating Solar Projects Updated On Fri, Sep 27th, 2024 by Saurenergy SJVN, a Navratna Central Public Sector Enterprise (CPSE), has signed two Memorandums of Understanding (MoUs) with the Maharashtra government to build Pumped Storage Projects (PSPs) and Floating Solar Projects in the state. The total estimated investment for these projects is approximately Rs. 48,000 crores. It is expected to create around 8,400 direct and indirect employment […] Read more
First Solar Opens New Module Manufacturing Unit In US Updated On Fri, Sep 27th, 2024 by Saurenergy American solar module maker First Solar opened its $1.1 billion solar manufacturing facility in Lawrence County, Alabama. The new manufacturing plant adds 3.5 gigawatts (GW) of solar production capacity and is expected to create over 800 high-tech jobs in the region. First Solar has been a key beneficiary of the move to reduce dependence on […] Read more
