SIDBI Secured $24.5 Mn from Green Climate Fund For Maiden Climate Project Updated On Wed, Mar 13th, 2024 by Saurenergy Small Industries Development Bank of India (SIDBI) has secured $24.5 Mn from Green Climate Fund (GCF) for its maiden anchored sustainability and climate focussed fund Avaana Sustainability Fund (ASF). The development came during the 38th meeting of the GCF Board in Kigali, Rwanda on March 6, reported the news agency PTI. The Green Climate Fund […] Read more
Shakti Pumps Receives Fourth Work Order From HAREDA Under KUSUM Updated On Wed, Mar 13th, 2024 by Saurenergy Shakti Pumps (India) Limited received its fourth work order under the KUSUM‐3 scheme from the Haryana Renewable Energy Department (HAREDA). The company received the order for 2,130 pumps for the state. Shakti Pumps an energy-efficient pumps and motors manufacturer claims to be at the forefront of providing a variety of renewable energy solutions, primarily for […] Read more
Equinor Commissions 531 MW Brazil Solar Farm Updated On Wed, Mar 13th, 2024 by Saurenergy A Norway-based international energy company Equinor has commenced the operation of the 531 MW Mendubim solar plant in Brazil. This has marked a 30% increase in Equinor’s equity power production in Brazil. Mendubim will annually produce 1.2 TWh of power. Around 60% of the power will be sold on a 20-year USD-denominated power purchase agreement […] Read more
C-DAC, Tata Power Collaborate For Technology Transfer Of Electric Technology Updated On Wed, Mar 13th, 2024 by Saurenergy Union Minister of state for electronics and IT, skill development, entrepreneurship and Jal shakti, Rajeev Chandrasekhar recently inaugurated India’s first FutureLABS center in C-DAC Thiruvananthapuram recently. This center, namely, “Centre for Semiconductor Chips and Systems for Strategic Electronics”, is expected to play a crucial role in catalyzing an ecosystem for next generation chip design, manufacturing, […] Read more
JSW Energy, Serentica, ReNew & Hero Solar Among Firms Winning 1.5 GW SECI Bid Updated On Wed, Mar 13th, 2024 by Saurenergy Four firms won the bid that was issued by Solar Energy Corporation of India’s (SECI) regarding 1.5 GW firm and dispatchable renewable energy from Inter-State Transmission System (ISTS) -connected projects. As per SECI, JSW Neo Energy, Serentica Renewables India, ReNew Solar Power and Hero Solar Energy were the winners in the auction by SECI. The […] Read more
SECI Extends Bids For 900 Domestically Manufactured PV To 26 March Updated On Wed, Mar 13th, 2024 by Saurenergy Solar Energy Corporation of India (SECI) recently extended the bid submission deadline for the manufacturing, testing, packing forwarding, supply, and transportation of 900 MWp domestically manufactured solar PV modules with domestically manufactured solar cells. SECI revised the existing date and time for bid submission from 12th March at 2 pm to 26th March 2024 at […] Read more
India’s Subsidies For Fossil Fuels 5 Times Higher Than For Clean Energy: IISD Updated On Wed, Mar 13th, 2024 by Saurenergy The 2022 global energy crisis and India’s growing energy demand have led the country to adopt a hybrid approach, expanding all forms of supply in 2023. This approach has pushed India’s total energy subsidies to a 9-year high of INR 3.2 lakh crore (USD 39.3 billion) for the fiscal year ending 2023 (FY 2023), new […] Read more
Govt Asks Coal Firms To Increase Adoption Of Solar Power Updated On Tue, Mar 12th, 2024 by Saurenergy Ministry of Coal recently issued directives to coal companies to accelerate the adoption of solar energy solutions. This initiative is undertaken to minimise the carbon footprints of mining. The Ministry of Coal has issued directives to coal companies to accelerate the adoption of solar energy solutions. This includes the installation of rooftop solar panels on […] Read more
Maharashtra Invites Bids To Procure 1 GW Solar Project Updated On Tue, Mar 12th, 2024 by Saurenergy Maharashtra State Electricity Distribution Company Limited has issued a tender inviting bids for procuring 1 GW of grid-connected solar power to meet its renewable purchase obligation and future power needs. The last date to submit bids is April 3. According to tender document by Maharashtra discom, the bids will be thrown open on the same […] Read more
