BII, Symbiotics Launch Second Green Basket Bond Across Asia, Africa Updated On Wed, Jun 26th, 2024 by Saurenergy British International Investment (BII), a UK-based development finance institution (DFI) and impact investor committed $75 million to the second ‘green basket bond’ arranged by Symbiotics Investments, a financial lender. The green lending program is expected to increase financing to small-scale green projects across Africa and South and South-East Asia through MSME lenders. This project particularly […] Read more
Cleantech Solar Secures Rs 855 Cr Financing From Aseem Infrastructure Finance Updated On Tue, Jun 25th, 2024 by Saurenergy Cleantech Solar, a renewable energy solution provider with operations in India and Southeast Asia, has announced the financial close of a long-term senior secured loan of Rs. 855 crores from Aseem Infrastructure Finance Limited. This loan is to expand the company’s open-access Commercial and Industrial (C&I) portfolio in India. The Rupee Term Loan (RTL) is […] Read more
Green Stocks June 25: Shakti Pumps Pauses For Breath On a Slow Day For Green Stocks Updated On Tue, Jun 25th, 2024 by Saurenergy On a day when the Nifty rose 0.6%, our green basket of stocks endured a lacklustre day. While Shakti Pumps finally paused for breath after the sharp run up of the past week, Borosil Renewables gained 2.61%. Waaree Renewable Technologies, another stock that was flying high not too long back till it slowed down in […] Read more
THDC Issues Tender for Land Acquisition to Develop 2 GW Solar Park Updated On Tue, Jun 25th, 2024 by Saurenergy THDC India Limited, a power sector public sector enterprise under the ownership of National Thermal Power Corporation (NTPC), Ministry of Power, has issued a tender inviting bids for the appointment of a consultant. The tender seeks bids for consultation on the acquisition of land for the development of 2 GW Ultra Mega Renewable Energy Power […] Read more
Shree Cement Reneweable Power Capacity Reaches 1GW Updated On Tue, Jun 25th, 2024 by Saurenergy Shree Cement, the third-biggest cement producer in India, announced that it has achieved 1,000 MW of installed power capacity through the commissioning of a 19.5 MW solar power plant at its Andhra Pradesh operation. “The one GW (Gigawatt) capacity includes a mix of solar, wind, thermal and waste heat recovery power plants, showcasing Shree Cement’s […] Read more
Blockbuster Listing For GP Eco Solutions, EPCs Dragged Down By High Valuations Updated On Mon, Jun 24th, 2024 by Saurenergy On a day when a new green energy listing, GP Eco Solutions listed at a 318% to its issue price, the broader basket of green energy stocks could not quite replicate the same performance. While Shakti Pump continued its incredible run with another lock at the upper circuit (5%), Borosil Renewables rose 3.83% and Suzlon […] Read more
90% Solar Manufacturing Is Concentrated In 5 Developing Countries, Says Report Updated On Mon, Jun 24th, 2024 by Saurenergy A recent report by REN21 found solar manufacturing to be concentrated geographically in just five countries, which are estimated to produce more than 90% of the global capacity for producing solar modules. These countries are namely reported to be, China which leads with around 80% of overall solar PV manufacturing capacity, followed by Vietnam, India, […] Read more
L&T Wins 185MW Solar Plus 254 MWh Storage Project In Bihar Updated On Mon, Jun 24th, 2024 by Saurenergy The Power Transmission & Distribution (PT&D) vertical of Larsen & Toubro’s (L&T) recently won an order to build a grid-connected 185MW Solar PV plant. The order entails solar power plants with a 254 MWh Battery Energy Storage System (BESS) having multitudes of MWh capacity in Kajra in Lakshisarai district in Bihar. This is expected to […] Read more
JREDA Seeks Maintenance Partners For Rooftop Solar Projects On Govt Buildings Updated On Mon, Jun 24th, 2024 by Saurenergy The Jharkhand Renewable Energy Development Agency (JREDA) has issued a tender seeking Comprehensive Maintenance Contract (CMCO) partners for the rooftop solar projects installed onto the government buildings in the state. The state nodal agency has issued the tender seeking their services for five years on a rate contract basis. JREDA said that these bidders need […] Read more
