Haryana Offers 75% Subsidy Support Under PM-KUSUM Updated On Mon, Jul 3rd, 2023 by Saurenergy Haryana Renewable Energy Development Agency (HREDA) has now issued notification seeking applications from farmers for solar irrigation pump connections under the Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyaan (PM-KUSUM). The notification asked the eligible farmers to apply up to July 12, 2023. Under the scheme, the Haryana government is offering a 45 percent subsidy from the state […] Read more
Hynfra Expands into Jordan with 530MW Solar-PV Green Ammonia Project Updated On Mon, Jul 3rd, 2023 by Saurenergy Hynfra, a Polish hydrogen company, has recently formed a new venture in Jordan with the aim of establishing a green ammonia plant powered by a 530MW solar PV system. The project is expected to be operational within five years. This joint venture, named Jordan Green Ammonia LLC, was created in partnership with Fidelity Group, an […] Read more
Central University of Himachal Pradesh Sets up Green Hydrogen Research Laboratory Updated On Mon, Jul 3rd, 2023 by Saurenergy A Green Hydrogen Research Laboratory has been established in the Central University of Himachal Pradesh (CUHP). Vice-Chancellor Prof Sat Prakash Bansal held that the set up of its Green Hydrogen Research Laboratory is an important step with respect to sustainable energy research. “This laboratory has been established in line with the vision set by our […] Read more
Mini-Grids And The Rockefeller Experience Updated On Fri, Jun 30th, 2023 by Saurenergy Even as India made commendable progress connecting almost all households to the grid, the larger aim of 24×7 power for all is still some distance away. With a twin challenge of rising demand and the need to transition to a cleaner grid powered by renewables, the hopes of millions for continuous, dependable power are still […] Read more
5 Millennial and GenZ Heroes Who Vote For Solar Updated On Fri, Jun 30th, 2023 by Saurenergy As a renewable source of energy, solar has been growing for the past decade. Growth rates for solar installs soared as high as 34% in 2022 and the momentum continues in 2023. And why shouldn’t it? Solar energy is clean, sustainable and nigh unlimited. Solar panels don’t require much in the way of maintenance except […] Read more
Avaada Group Successfully Pockets INR 10,700 Cr as Funding Updated On Thu, Jun 29th, 2023 by Saurenergy Avaada Group, an integrated energy platform, has announced the successful closure of INR 10,700 crore ($1.3 billion) funding round. The firm says this marks a historic moment for the green energy industry in Asia and India’s renewable energy sector as this funding round is the largest equity round ever raised by any green energy company […] Read more
Funding New Thermal Power Plants May Create Stranded Assets: IEEFA Report Updated On Wed, Jun 28th, 2023 by Saurenergy A latest report by the Institute for Energy Efficiency and Financial Analysis (IEEFA) claimed that new investments in thermal power plants could potentially lead to new stranded assets. The report said it is due to the economic benefits of renewable energy. The report titled ‘Cleaning up the last pile of India’s power sector Non-Performing Assets (NPAs)’ discusses […] Read more
World Bank Approves $200 Mn Loan to Himachal for RE Sector Reforms Updated On Wed, Jun 28th, 2023 by Saurenergy World Bank’s Board of Executive Directors has approved a $200 million loan for the Government of Himachal Pradesh to support power sector reforms in the state and increase the share of Renewable Energy (RE) in its electricity generation. The loan aligns with Himachal Pradesh’s objective of adding 10 GW of additional RE capacity to make […] Read more
Meghmani Finechem Commissions 18.34 MW Hybrid RE Plant Through SPV ReNew Green Updated On Wed, Jun 28th, 2023 by Saurenergy Meghmani Finechem Limited (MFL), which delves into agrochemical products, has successfully commissioned a wind-solar hybrid power plant of 18.34 MW in Gujarat. The hybrid plant has been commissioned through its Special Purpose Vehicle (SPV) ReNew Green (GJS Three) Private Limited. The power flow has begun, it added. The Indian government has set sights on curbing […] Read more