Avaada Closes Financing For 9 of Its Diverse RE Projects In Q3FY25 Updated On Wed, Jan 22nd, 2025 by Saurenergy Avaada Group, a company operating in India’s renewable energy landscape, has successfully completed financing/refinancing of nine of its projects across the business divisions totaling for an amount of INR 8500 Crs (~USD 1 Bn). The transactions include a mix of Utility scale IPP projects, large-scale Agri Photovoltaic projects, Merchant power generation projects, C&I projects and […] Read more
CleanMax Announces Financing For Onsite Solar Projects in UAE Updated On Wed, Jan 22nd, 2025 by Saurenergy Renewable energy company CleanMax today announced that it will obtain AED 99 Million (USD 27 Million) long-term credit facility from HSBC to develop and finance its onsite solar portfolio in the UAE. Cleanmax is a renewable energy provider for the Commercial and Industrial (C&I) sector and a Brookfield-backed company. The facility will cover 92 onsite […] Read more
NTPC Floats JV To Boost Solar Projects In Sri Lanka Updated On Tue, Jan 21st, 2025 by Saurenergy Indian power behemoth National Thermal Power Corporation (NTPC) recently formed a joint venture with the Ceylon Electricity Board (CEB) and Trincomalee Power Company Limited (TPCL). It’s a 50:50 joint venture (JV) company NTPC-CEB is registered in Sri Lanka. It aims to develop a 50 MW solar project, expandable to 120 MW, in Sampoor, Trincomalee, Sri […] Read more
Envision Energy Set to Power Egypt’s Gigawatt-Scale Wind Project Updated On Tue, Jan 21st, 2025 by Saurenergy Green technology firm Envision Energy has secured a contract for Saudi developer ACWA Power. The contract is for its 1.1GW onshore wind farm in Egypt’s Gulf of Suez region, set to become one of the largest in the Middle East and North Africa (MENA) region. This collaboration will significantly enhance Egypt’s renewable energy capacity, supporting the country and MENA’s energy […] Read more
Rajasthan: Adani Energy Wins Rs. 25,000cr Transmission Project Updated On Tue, Jan 21st, 2025 by Saurenergy Adani Energy Solutions Ltd (AESL) is a private transmission and distribution won a ₹25,000 crore order. The company is part of Adani’s diversified portfolio. It recently secured orders for Bhadla (Rajasthan)-Fatehpur (Uttar Pradesh) HVDC (High Voltage Direct Current). Adani got this order from REC Power Development & Consultancy Ltd (RECPDCL). Adani Energy Solutions stated in […] Read more
NHPC To Develop J&K Rooftop Projects Under RESCO Mode Updated On Tue, Jan 21st, 2025 by Saurenergy National Hydroelectric Power Corporation (NHPC), on behalf of NHPC Renewable Energy Limited (NHPC REL), recently released a tender for a rooftop solar project. These projects are also located for various departments, including Law, Justice and Parliamentary Affairs, Jal Shakti, Irrigation & Flood Control, Forest, Ecology & Environment, and Home, in the union territory (UT), Jammu […] Read more
NHPC REL Issues Bid For Rooftop Solar RESCO Projects In Sikkim Updated On Tue, Jan 21st, 2025 by Saurenergy NHPC recently released a tender for its subsidiary NHPC Renewable Energy Limited (NHPC REL) to build a rooftop solar project in Sikkim. The Roof Top Developer (RTD) would develop the project to create grid-connected solar rooftop plants at various government buildings on RESCO Mode. The bids are accepted until February 24. The NHPC project will […] Read more
GUVNL Issues 250 MW Wind Energy Tender With Greenshoe Option Updated On Mon, Jan 20th, 2025 by Saurenergy GUVNL recently issued a 250 MW grid-connected wind power project tender to be set up anywhere in India (Phase IX). The project also offers an additional ‘Greenshoe Option’ of up to 250 MW. It’s inviting bids up till February 11, 2025. The successful bidder under this arrangement can also consider entering into a Power Purchase […] Read more
UP To Develop 2 GW Of Solar Projects In 4 Districts, EOI Issued Updated On Mon, Jan 20th, 2025 by Saurenergy The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has announced plans to develop solar projects with a cumulative capacity of 2 GW across four districts in the state. To attract potential developers, the state nodal agency has issued an Expression of Interest (EOI), inviting participation from solar project developers. Investment Opportunities for Renewable […] Read more
