NHPC Floats 1.2 GW Wind-Solar Hybrid Tender With Greenshoe Option Updated On Wed, Dec 18th, 2024 by Saurenergy In a bid to procure hybrid power, NHPC recently floated a tender to supply 1,200 MW of power from wind-solar hybrid power projects, with a greenshoe option, The tender also said these projects could be established with or without Energy Storage Systems (ESS) anywhere in India. NHPC set 16th January 2025 as the last date […] Read more
Federal Bank, Ecofy Tie Up For Boosting Rooftop Solar Financing Updated On Wed, Dec 18th, 2024 by Saurenergy Federal Bank has announced partnering with green fintech company Ecofy to offer innovative financing solutions for MSMEs investing in commercial rooftop solar installations. This collaboration marks one of the first comprehensive co-lending partnerships specifically designed to address the unique solar financing needs of the MSME sector, the companies said. The program targets financing 3,600 kW […] Read more
Punjab: Gensol Secures 22 MW Solar Project From A Steel Firm Updated On Wed, Dec 18th, 2024 by Saurenergy Indian renewable energy company Gensol Engineering Limited today announced securing the first large turnkey solar project from a steel product company in Punjab. The project involves the development of a 22 MW ground-mounted solar PV power plant, with a total contract value of INR 88 Crore is set to be executed over a 6-month period. […] Read more
Solar Power Europe Terms 2024 A ‘Warning’ As Solar Growth Slumps To 4% Updated On Wed, Dec 18th, 2024 by Saurenergy After years of stellar growth, the EU solar sector has been hit by a significant deployment slowdown – tumbling from 53% growth in 2023 to 4% in 2024, amounting to a 92% slowdown in solar growth over the last year. With 65.5 GW of new solar in 2024, the sector just inched past its 2023 […] Read more
IMFA Invests Rs 83.26 Crores In JSW Energy Hybrid Project Updated On Wed, Dec 18th, 2024 by Saurenergy The Odisha-based Indian Metals & Ferro Alloys (IMFA), has entered into a joint venture with JSW Green Energy. Under the collaboration, the ferrochrome integrated producer would source renewable energy for its smelting operations. IMFA signed a binding term sheet with JSW Green Energy One and JSW Green Energy Seven and will invest Rs 83.26 crores […] Read more
Railways Setup 3.7 MW Of Solar Plants Along Track, Says MNRE Updated On Tue, Dec 17th, 2024 by Saurenergy Indian Railways has set up 3.7 MW of solar power plants along railway tracks till now, data from MNRE revealed. Minister of State (MoS) for New and Renewable Energy Shripad Yesso Naik in his latest statement before Lok Sabha shed light on the solarisation of Indian railways. This comes at a time when the Indian […] Read more
Insolation Energy To Setup Its Solar Cell, Module Unit In MP Updated On Mon, Dec 16th, 2024 by Saurenergy The Board of Directors of Insolation Energy (INA Solar) has now approved the plan to commission its new solar cell, module and Aluminium frame manufacturing facility in Madhya Pradesh. The latest development marks its first investment in solar manufacturing outside Rajasthan. This comes after the Madhya Pradesh government offered land to the company in the […] Read more
Oriana Power Vows Rs 10,000cr Investments In Rajasthan’s RE Sector Updated On Mon, Dec 16th, 2024 by Saurenergy Renewable energy company Oriana Power today announced its plans to invest around Rs 10,000 crore for renewable projects in Rajasthan. The green firm signed a Memorandum of Understanding (MoU) with the state in this regard. The investment has been planned for the development of multiple clean energy projects encompassing solar, floating solar, Green Hydrogen, and […] Read more
Pune-Based EPC Firm GK Energy Limited Files DRHP for IPO Updated On Mon, Dec 16th, 2024 by Saurenergy GK Energy Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). Pune-based company now plans to raise funds through an Initial Public Offering (IPO).GK Energy is a pure-play engineering, procurement and commissioning (EPC) provider of solar-powered agricultural water pump systems. The offer comprises direct-to-beneficiary sales and sales to […] Read more
