ReNew Signs Contract To Sell 300 MW Solar Project With $199mn Valuation Updated On Mon, Jan 8th, 2024 by Saurenergy Indian renewable energy company ReNew today announced that it has signed a Share Purchase Agreement with India Grid Trust to sell a 300 MW solar project in Rajasthan – ReNew Solar Urja Private Limited – for a total enterprise value of $199 million. The transaction is expected to close in accordance with PPA conditions. Approximately […] Read more
CIP Commences Construction Of 300 MW Wind Project With Envision Updated On Mon, Jan 8th, 2024 by Saurenergy Copenhagen Infrastructure Partners (CIP) through its Growth Markets Fund I (CI GMF I) have taken final investment decision (FID) on a 300 MW onshore wind project in India together with Viviid Renewables (Viviid), an Indian developer and balance-of-plant service provider. The project is located at Karnataka with favorable wind conditions, good site accessibility, and an […] Read more
Aker Plans First Subsea Power System For Floating Offshore Wind Power Updated On Mon, Jan 8th, 2024 by Saurenergy Aker Solutions has signed a front-end engineering and design (FEED) contract with the Marine Energy Test Centre (METCentre) in Norway to pilot new subsea power system technology which has the potential to significantly reduce costs and complexity of offshore wind farms. The project will see Aker Solutions provide new power transmission technology, Subsea Collector, for […] Read more
Varanasi Set To Embrace 25,000 Solar Rooftops In Two Months Updated On Mon, Jan 8th, 2024 by Saurenergy The Uttar Pradesh government is set to launch an ambitious campaign to install solar rooftops on 25,000 households in Varanasi city. This gigantic initiative for the holy and world’s most ancient city, scheduled to be completed within two months, seeks to promote green and sustainable energy practices in Varanasi, the Lok Sabha constituency of Prime […] Read more
Snap-E-Cabs Plans To Train, Engage 100 Women Drivers In West Bengal Updated On Sat, Jan 6th, 2024 by Saurenergy Snap-E Cabs, an on-demand, app-based fleet of 100% Electric Vehicles (EV), has planned to increase the number of female cab drivers in its fleet. The company is set to train and engage the first batch with 30 female drivers and 50-60 in the subsequent two batches and take the overall count to about 100 in the next […] Read more
MNRE Increases Subsidy For New Residential Solar Rooftop Consumers Updated On Sat, Jan 6th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) announced an increase in the Central Financial Assistance (CFA) under the rooftop solar scheme (Phase-II) for different categories of residential consumers. The ministry said that the new rates will be applicable for projects undertaken either through the tender mode or through applications received through the National portal […] Read more
Emmvee Inks Pact With KPI Green To Supply 300MWp Solar Modules Updated On Fri, Jan 5th, 2024 by Saurenergy Solar module manufacturer Emmvee Photovoltaic Power today announced a landmark supply agreement to deliver 300MWp of Bifacial Mono-PERC Solar panels to KPI Green Energy Ltd. This order, destined for a 240-megawatt solar plant in Gujarat, underscores Emmvee’s robust position in the solar energy sector, it said. Currently, Emmvee boasts a module manufacturing capacity of 3 […] Read more
Govt To Electrify 1L Unelectrified Tribal Households With Off-Grid Solar Updated On Fri, Jan 5th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) is now all set to roll out a dedicated scheme to electrify the unelectrified households of Particularly Vulnerable Tribal Groups (PVTGs) under the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM JANMAN). The MNRE recently issued a notification in this regard. The order said that the ministry […] Read more
Ayodhya To Be Adorned With Solar Trees As Ram Temple Consecration Approaches Updated On Fri, Jan 5th, 2024 by Saurenergy What could better the illumination of Ayodhya with solar power as the consecration of ‘Suryavanshi’ Lord Ram is just weeks from here? Advancing the initiative to incorporate renewable energy sources extensively in the sacred city of Ayodhya, 42 parks will be illuminated using solar power. The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) […] Read more
