Global Fashion Retailer H&M Signs PPA To Build 3 Solar Parks In Sweden Updated On Tue, Jan 30th, 2024 by Saurenergy Global fashion retailer and fast fashion brand H&M Group has signed long-term power purchase agreements (PPAs) with European solar developer and independent power producer Alight regarding the construction of three new solar parks in Sweden. The ground-mounted solar parks will be located in Blekinge, Södermanland, and Halland, with a capacity of 13 MW, 6 MW […] Read more
SJVN Green, Coal India, SAEL Win 600 MW GUVNL Solar Project Updated On Tue, Jan 30th, 2024 by Saurenergy SJVN Green, Coal India, and SAEL Industries have been awarded the 600 MW solar power project which will be set up at Gujarat Industries Power Company in Khavda. These companies were declared winners by Gujarat Urja Vikas Nigam Ltd (GUVNL) in the auction related to the project. Further, the project will also have a greenshoe […] Read more
COVER STORY: Rooftop Solar Enters Mission Mode In India Updated On Mon, Jan 29th, 2024 by Saurenergy The signs were already there. In the first week of 2024, the Ministry of New and Renewable Energy (MNRE) created ripples in the Indian solar market when it announced a 23 percent increase in subsidies for residential rooftop solar. As per the government notification, the ministry increased subsidies from Rs 14,588/kWh to Rs 18,000/kWh for […] Read more
REC Ltd, NIIFL collaborate on funding solutions for renewable energy, other infra projects Updated On Mon, Jan 29th, 2024 by Saurenergy REC Limited has signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund Limited (NIIFL) to collaborate on a suite of funding solutions for “Renewable Energy Projects” as well as large-scale infrastructure projects in India. REC Ltd is a Maharatna CPSE and also a leading NBFC that comes under the ambit of […] Read more
SJVN Secures 100MW Solar Project In e-Reverse Auction In Gujarat Updated On Mon, Jan 29th, 2024 by Saurenergy SJVN Ltd has announced that it has successfully secured a 100 MW solar project in Gujarat through an e-reverse auction conducted by Gujarat Urja Vikas Nigam Ltd (GUVNL). SJVNL said that its bid was secured at a rate of Rs 2.54 per unit, following a competitive bidding process as part of GUVNL Phase XXI. The […] Read more
BHEL Haridwar Issues Tender for 5 MW Solar Project Updated On Thu, Jan 25th, 2024 by Saurenergy Bharat Heavy Electricals Ltd (BHEL) has issued a tender notification seeking developers for its 5MW solar project at Ranipur facility in Haridwar, Uttarakhand. The project will be developed under BOOM mode comprising design and construction responsibilities of design-build procurements with operations and maintenance of the project. The bids will have to be submitted by February […] Read more
SJVNL, Solar World Energy Sign Contract For 360 MW Solar Project Updated On Thu, Jan 25th, 2024 by Saurenergy Satluj Jal Vidyut Nigam, (SJVN) Limited recently announced the signing of a contract agreement for the Balance of System (BoS) of a 360 MW Solar Project with Solar World Energy Solutions. This announcement was made by Nand Lal Sharma, Chief Managing Director (CMD) of SJVN Limited on social media platform X. In the announcement he […] Read more
Cleantech Solar Inducts Ritesh Singhi As Country Manager, India Updated On Thu, Jan 25th, 2024 by Saurenergy – Cleantech Solar, a leading provider of renewable energy solutions to corporations in India and Southeast Asia, proudly announces the appointment of Ritesh Singhi as their Vice President and Country Manager – India. With an extensive background spanning nearly three decades of experience in business operations and management, Singhi brings comprehensive expertise in operations management, […] Read more
PV Module Manufacturer Alpex Solar Seeks Rs. 75 Crore Through IPO At NSE Emerge Updated On Thu, Jan 25th, 2024 by Saurenergy The solar boom continues to make itself felt more publicly, with yet another firm, Alpex Solar, planning an IPO in February this year. Alpex solar has filed its Draft Red Herring Prospectus (DRHP) with NSE Emerge, for an IPO it hopes to complete during the month. The issue size comprises a fresh issue of 64,80,000 […] Read more
