Inox Wind Receives LoI For 50 MW Gujarat Wind Project from NLC India Updated On Tue, Jan 9th, 2024 by Saurenergy Indian wind energy solutions company Inox Wind Limited (IWL) today announced receiving a Letter of Intent (LoI) for executing a 50 MW ISTS (Inter-State Transmission System)-connected wind power project on a turnkey basis from NLC India Limited. NLC India is a Central Public Sector Utility (CPSU). As part of the project, Inox Wind will supply, install, and […] Read more
QCells Signs 12-GW Solar Power Deal With Tech-Giant Microsoft Updated On Tue, Jan 9th, 2024 by Saurenergy Global renewable energy player Qcells will supply tech giant Microsoft with 12 – G.W. of solar modules and EPC services over an 8-year period. This is Qcells’ largest module and engineering, procurement and construction (EPC) services agreement to date. The order is equivalent to powering more than 1.8 million homes annually. The eight-year strategic alliance […] Read more
ReNew Signs Contract To Sell 300 MW Solar Project With $199mn Valuation Updated On Mon, Jan 8th, 2024 by Saurenergy Indian renewable energy company ReNew today announced that it has signed a Share Purchase Agreement with India Grid Trust to sell a 300 MW solar project in Rajasthan – ReNew Solar Urja Private Limited – for a total enterprise value of $199 million. The transaction is expected to close in accordance with PPA conditions. Approximately […] Read more
Arctech Signs Pact With Alpon Energy To Boost Presence In Turkey Updated On Mon, Jan 8th, 2024 by Saurenergy Global solar tracking and BIPV solution provider company–Arctech entered into a strategic partnership agreement with Alpon Energy in Istanbul, Turkey. This successful agreement marks the expansion of Arctech’s footprint in Turkey. Alpon Energy is a Turkish company with over eight years of expertise in solar energy EPC works and single-axis solar tracking systems. The partnership […] Read more
To Boost Renewables, Resilient Energy Systems, US Commits $70mn Updated On Mon, Jan 8th, 2024 by Saurenergy The United States (US) Department of Energy (DOE) announced up to $70 million of funding to support research into technologies designed to increase resilience in energy delivery infrastructure. The move is likely to boost the renewables into the system and boost the capabilities of the grid infrastructure in the country. The funding would support from […] Read more
Varanasi Set To Embrace 25,000 Solar Rooftops In Two Months Updated On Mon, Jan 8th, 2024 by Saurenergy The Uttar Pradesh government is set to launch an ambitious campaign to install solar rooftops on 25,000 households in Varanasi city. This gigantic initiative for the holy and world’s most ancient city, scheduled to be completed within two months, seeks to promote green and sustainable energy practices in Varanasi, the Lok Sabha constituency of Prime […] Read more
Serentica Renewables In INR 3500 Cr Debt Deal For Its 530 MW RTC Project Updated On Mon, Jan 8th, 2024 by Saurenergy Serentica Renewables, which has quickly emerged as a leading C&I focused renewable energy developer in India within 2 years, announced the signing of its first international and commercial bank foreign currency loan worth INR 3500 crores (US$425 million) for its Round-The-Clock renewable energy project in India. The transaction brings together a consortium of three international […] Read more
MNRE Increases Subsidy For New Residential Solar Rooftop Consumers Updated On Sat, Jan 6th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) announced an increase in the Central Financial Assistance (CFA) under the rooftop solar scheme (Phase-II) for different categories of residential consumers. The ministry said that the new rates will be applicable for projects undertaken either through the tender mode or through applications received through the National portal […] Read more
Emmvee Inks Pact With KPI Green To Supply 300MWp Solar Modules Updated On Fri, Jan 5th, 2024 by Saurenergy Solar module manufacturer Emmvee Photovoltaic Power today announced a landmark supply agreement to deliver 300MWp of Bifacial Mono-PERC Solar panels to KPI Green Energy Ltd. This order, destined for a 240-megawatt solar plant in Gujarat, underscores Emmvee’s robust position in the solar energy sector, it said. Currently, Emmvee boasts a module manufacturing capacity of 3 […] Read more
