France’s Proparco Invests $10 Million in Sun King’s Solar Kit Business in Africa Updated On Thu, Dec 8th, 2022 by Saurenergy Proparco, a division of the French Development Agency (AFD) group, invested in a $10 million green bond that will be lent to Sun King, an African solar kit retailer. The Swiss impact investor Symbiotics Group, through its MSMR Bonds platform, issuing the green bond. A total of 309 bonds worth $2.67 billion have already been […] Read more
IIT Madras Installs a Wave Energy Generator Off the Coast of Tamil Nadu Updated On Thu, Dec 8th, 2022 by Saurenergy IIT Madras researchers asserted to have created an energy converter that can produce electricity from ocean waves. The second week of November saw the successful conclusion of the trials. The test was carried out in collaboration with the Motilal Nehru National Institute of Technology (MNNIT) Allahabad and the Andhra Pradesh-based firm Virya Paramita Energy (VPE). […] Read more
Chiripal Group Bets Big On Solar Manufacturing For Long Term Sustainability Updated On Wed, Dec 7th, 2022 by Saurenergy Gujarat based diversified industrial group Chiripal Group, which has existing interests in textiles, petrochemicals, education, polyfilms and financing, Chiripal Renewables recently founded Grew Energy Pvt Ltd, a company that will produce solar components. With this entry into the renewable energy industry the group has acknowledged the scale of the opportunity in renewable energy, particularly solar […] Read more
JSW Energy Commissions 27 MW Wind Energy Plant Updated On Wed, Dec 7th, 2022 by Saurenergy The commissioning of 27 MW of wind energy generation capacity was part of the first phase of JSW Energy’s 450 MW wind project at Tuticorin in Tamil Nadu, according to an announcement. In a BSE filing, the company announced that “JSW Renew Energy Two Ltd, a step-down subsidiary of JSW Energy, has started phase-wise commissioning […] Read more
BHEL Invites Bids for O&M for 2.015 MW Solar Plant at 8 Various Sites In Surat Updated On Wed, Dec 7th, 2022 by Saurenergy Bharat Heavy Electricals Limited (BHEL) has invited bids for Operations and Maintenance (O&M for 2.015 MW) work of the 2015 kWp (2.015 MW) Solar PV roof-top systems installed at 8 various sites of Surat Municipal Corporation, Surat, Gujarat. The last date for submitting the bid of this Bharat Heavy Electricals Limited (BHEL) O&M tender is […] Read more
RECPDCL Floats Tender for Setting up 1.25 GW Solar Power Projects Updated On Tue, Dec 6th, 2022 by Saurenergy REC Limited’s subsidiary company, REC Power Development, and Consultancy (RECPDCL) has floated a tender for setting up 1250 MW (1.25 GW Solar Power) of interstate transmission system (ISTS)-connected through tariff-based competitive bidding (TBCB) process (Tranche-I) on building its own operate (b-O-O) basis. By combining thermal or hydroelectric with renewable energy and storage, the projects seek […] Read more
SECI Payout of Rs 804 Cr to Solar & Wind Developers for Oct Sees 10% Slide Since Sep Updated On Tue, Dec 6th, 2022 by Saurenergy Payments totaling Rs 804 crore were made to solar and wind power producers by the Solar Energy Corporation of India (SECI) for the power it purchased in October 2022. The amount is almost 10% less than what was paid out in September. Against its power purchases, the agency had released Rs 893 crore. Nearly 88% […] Read more
Canadian Solar Bags 256 MW Contracts For South Africa Largest Solar PPAs Updated On Tue, Dec 6th, 2022 by Saurenergy Canadian Solar Inc. has announced that its majority-owned subsidiary CSI Solar Co., Ltd. (“CSI Solar”) signed a 256 MW solar module contract with SOLA Group, a Cape Town-based independent power producer. The 256 MWs will supply the first two largest utility-scale solar power projects in South Africa, which are based on private power purchase agreements (PPAs). […] Read more
TCIL Invites Bids for Selecting Partner to Install 2 MW Floating Solar in Mauritius Updated On Mon, Dec 5th, 2022 by Saurenergy To find a partner for the design, provision, installation, testing, and commissioning of a 2 MW floating solar power plant at Tamarind Falls Reservoir in Mauritius, government-owned Telecommunications Consultants India Limited (TCIL) has released an expression of interest (EoI). The deadline for submitting proposals is December 21, 2022. On the same day, bids will be […] Read more
