India’s Solar Sector Buoyant On New Growth Trajectory Updated On Wed, Oct 9th, 2024 by Saurenergy FY24-25 is likely to be remembered as a milestone year for India’s solar sector. Not only is capacity addition this year expected to hit a new high, but the year is also likely to see the 25 GW mark breached for the first time, with almost 15 GW added in H1 itself. Significantly, the spike […] Read more
IFC Partners, Axis Bank Partner To Provide $500 Mn Loan In India Updated On Tue, Oct 8th, 2024 by Saurenergy The International Finance Corporation (IFC), is making its first blue investment in India in partnership with Axis Bank. IFC entered this partnership with the private sector banks in India to provide a $500 million loan. This initiative also supports the company’s plan to develop a blue finance market and scale up financing of green projects […] Read more
India’s Clean Tech Capacity To Rise Significantly By 2030: S&P Report Updated On Mon, Oct 7th, 2024 by Saurenergy According to Clean Energy Technology research team at S&P Global Commodity Insights, India has introduced various initiatives to enhance domestic manufacturing, aiming to minimize reliance on imported goods and bolster local manufacturing. With these supportive strategies, India’s clean energy technology capacity is projected to rise significantly by 2030, aiming for full self-sufficiency in solar PV […] Read more
Details of Solar Tariff Moves at US, Turkey And South Africa Updated On Thu, Oct 3rd, 2024 by Saurenergy October has started on a protectionist note for the solar sector, with news of solar tariffs being imposed on imports by three key markets, with the most significant of course being the US market. Helping these moves is of course the slump in Chinese solar manufacturing prices. themselves a result of overcapacity. That has made […] Read more
550 MW Solar, 770 MW Hydro Projects Mark Reliance Group (Anil) Foray Into Bhutan Updated On Thu, Oct 3rd, 2024 by Saurenergy The Anil Ambani led Reliance Group has entered into a strategic partnership agreement with Druk Holding and Investments Ltd. (DHI), the commercial and investment arm of the Royal Government of Bhutan, to undertake various initiatives aimed at bolstering the investment in the renewable and green energy landscape of Bhutan. Bhutan, incidentally is one of the […] Read more
Vikram Solar Joins IPO Line, Files DRHP Updated On Tue, Oct 1st, 2024 by Saurenergy Kolkata-based Vikram Solar Limited, a leading, and one of the earliest solar photo-voltaic module manufacturers at scale in India, has filed its draft red herring prospectus (DRHP) with SEBI to raise funds through an initial public offering (IPO). With over 15 years of industry experience as of 31 March 2024, Gyanesh Chaudhary led Vikram Solar […] Read more
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
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
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
