Avaada Energy Gets Rs 1,190 Crore SBI Loan For Gujarat Solar Project Updated On Thu, May 2nd, 2024 by Saurenergy Mumbai-based green energy company Avaada Energy has announced that it secured a Rs 1,190 crore loan for a new solar project in Gujarat from the State Bank of India (SBI). The project is located in Surendra Nagar district of Gujarat. According to a statement by the company, the loan has been sanctioned for a 20-year […] Read more
KPI Green Energy Receives New Order For 74.30 MW Solar Project Updated On Tue, Apr 30th, 2024 by Saurenergy Gujarat-based renewable energy company KPI Green Energy recently received a new order for a 74.30 MW solar power project under the captive power producer (CPP) segment. Within this allocation KPI Green has undertaken 27 MW capacity. It included a 20 MW capacity for the development of a solar power project forming part of the wind-solar hybrid […] Read more
BluPine Energy Secures Financial Closure for 120 MW Solar Project Updated On Mon, Apr 29th, 2024 by Saurenergy BluPine Energy, a leading renewable energy services company established in India by global infrastructure investor Actis has announced the successful financial closure for its 120 MW Solar Project in Sadla, Gujarat under GUVNL 18. BluPine Energy has secured the debt financing for its project from HDFC Bank, India’s largest private sector bank. The total debt […] Read more
SaurEnergy Explains- AC & DC Capacity of Solar Projects Updated On Fri, Apr 26th, 2024 by Saurenergy As Solar PV penetration hits new highs each year, the numbers are just adding up. 2023 saw at least 29 countries installing more than 1 GW, up from 25 countries in 2022. Nineteen countries (not including the EU) now have more than 10 GW of total cumulative capacity and five have more than 40 GW. […] Read more
Avaada Energy Secures Rs 4,471 Cr Refinancing For Rajasthan Solar Projects Updated On Fri, Apr 19th, 2024 by Saurenergy Avaada Energy, the renewable energy arm of Avaada Group, has announced the successful closure of one of the largest refinancing transactions in India’s renewable energy sector, securing about Rs 4,471 crore from the state-owned lender, the National Bank for Financing Infrastructure and Development (NaBFID). This refinancing transaction, conducted under a Restricted Group (RG) structure, encompasses […] Read more
Recurrent Energy Secures $70 Million Financing For 152 MW Brazil Solar Project Updated On Thu, Apr 18th, 2024 by Saurenergy Solar and energy storage assets firm Recurrent Energy has announced that it has secured $70 million of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil. The 152 MW Jaiba III project will be financed over 22 years spanning both construction and operation phases. Linked […] Read more
Avaada Energy Wins 250 MW Solar-Wind Hybrid Project From NTPC Updated On Thu, Apr 18th, 2024 by Saurenergy Indian renewable energy company Avaada Energy recently announced winning a 250 MW solar-wind hybrid power project in a tender issued by the National Thermal Power Corporation (NTPC). Earlier, NTPC had issued a tender for the selection of hybrid power generators to supply 1000 MW of power through ISTS-connected wind-solar hybrid projects. Avaada Energy secured a 50 […] Read more
Atlas Renewable Energy, Hydro Rein Commissions 438 MW Solar Project In Brazil Updated On Fri, Apr 5th, 2024 by Saurenergy Renewable Energy firm, Atlas Renewable Energy and Norwegian-based Hydro Rein have announced the commissioning of a 438 MW solar PV project in Brazil. The project is located in the south-eastern Brazilian state of Minas Gerais, the Boa Sorte PV, and consists of several projects that will provide power to aluminum smelter Albras, a joint venture […] Read more
Roofsol Energy Receives 10.5 MWp Solar Project From Shree Cement Updated On Mon, Apr 1st, 2024 by Saurenergy Mumbai-based EPC company Roofsol Energy Pvt Ltd has been awarded a solar project by Shree Cement Limited of 10.5 MWp capacity. The ground-mounted “Behind the Meter” project is to be implemented in Uttarakhand and Jharkhand. The company mentioned about its project stating, “Shree Cement owns and operates cement grinding units in 9 locations across India […] Read more