Serentica Renewables Gets Capital Infusion of INR 3000 Cr from REC Updated On Mon, Sep 25th, 2023 by Saurenergy Serentica Renewables, a C&I focused renewable energy developer in India, has announced the completion of INR 3000 crores of debt funding from REC Limited – one of India’s largest power sector lenders. REC’s support is expected to assist Serentica in developing its hybrid renewable energy projects coming up in Karnataka. The company is setting up […] Read more
KPI Green Energy Bags 145.20 MW Wind-Solar Project from Ayana Renewable Power Updated On Mon, Sep 25th, 2023 by Saurenergy Independent Power Producer (IPP) KPI Green Energy Limited has been awarded a Letter of Intent (LOI) for a 145.20 MW wind-solar hybrid power project (comprising 145.20 MW wind and 50 MW solar) by Ayana Renewable Power Four Private Limited, based in Bangalore. The project is scheduled to be completed in the financial year 2024-25. The […] Read more
Ørsted Signs Semco Maritime, KK Wind Solutions for German North Sea Wind Projects Updated On Fri, Sep 22nd, 2023 by Saurenergy Semco Maritime and KK Wind Solutions have formed a strategic partnership for a fresh offshore wind service agreement covering High Voltage (HV) Services at Ørsted’s wind farm projects in the German North Sea. These wind projects encompass Borkum Riffgrund 1 & 2 as well as Gode Wind 1 & 2 wind farms. Both Semco Maritime […] Read more
PFC Issues Tender for Solar Power Developers for 1250 MW Solar Projects Updated On Fri, Sep 22nd, 2023 by Saurenergy PFC Consulting Limited, a wholly owned subsidiary of PFC Limited, a Maharatna company, under Ministry of Power, has issued a tender for the selection of solar power developers for setting up of 1250 MW ISTS-connected solar PV power projects in India under tariff-based competitive bidding under the scheme for flexibility in generation and scheduling of […] Read more
Gujarat Releases Draft Renewable Energy Policy-2023 with Focus on Wind-Solar Hybrid Technologies Updated On Thu, Sep 21st, 2023 by Saurenergy The Government of Gujarat has notified the Renewable Energy Policy-2023 for further encouraging setting up of renewable generation projects based on wind, solar and wind-solar hybrid technologies. The policy will come into effect from the date of notification and shall remain in operation up to June 2028 or till notification of the new policy, whichever […] Read more
Tata Power Renewable Energy Ltd & Dugar Power Partner for Nepal’s Renewable Energy Updated On Thu, Sep 21st, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a subsidiary of the Tata Power Company Limited and a leading renewable energy player in India, has signed an agreement with Dugar Power Private Limited (Dugar Power), a subsidiary of Dugar Group- a prominent business house in Nepal. The agreement is designed to cater to Nepal’s diverse energy requirements, […] Read more
TotalEnergies to Invest $300 Mn in JV with Adani Group for Green Energy Updated On Thu, Sep 21st, 2023 by Saurenergy French multi-energy firm, TotalEnergies, will make an investment to the tune of $300 million in a 50-50 joint venture with Adani Green Energy. This initiative is towards the generation of solar and wind energy in India. The joint venture between the two firms sets sights on 1,050 MW of power. The investment by TotalEnergies will […] Read more
What Is Delaying Commissioning of India’s 96 GW Under-Construction RE Projects? Updated On Wed, Sep 20th, 2023 by Saurenergy A quarterly report by the Central Electricity Authority (CEA) for the period ending July 31 claims that renewable energy projects of up to 96 Gigawatt (GW) are under construction in the country. These projects are related to the renewable energy projects tendered through the Solar Energy Corporation of India (SECI) and other central public sector […] Read more
IREDA Partners with Bank of Maharashtra for Renewable Energy Updated On Tue, Sep 19th, 2023 by Saurenergy Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise, has joined hands with Bank of Maharashtra (BoM). The partnership is to facilitate co-lending and loan syndication for various renewable energy projects across India. The MoU entails services encompassing co-lending and co-origination support for all renewable energy projects. It […] Read more
