Redington Forges Partnership with Credence Solar for Solar Solutions Adoption Updated On Thu, Mar 2nd, 2023 by Saurenergy Redington Limited (NSE: REDINGTON), a technology solutions provider, has announced its partnership with Credence Solar, a Gujarat-based module manufacturing firm with a capacity of 500 MW PA. The partnership will pave the way for the distribution of solar panels pan India. As a part of the partnership, Redington will enable the seamless distribution of Credence […] Read more
Community Solar: An Explainer Updated On Thu, Mar 2nd, 2023 by Saurenergy Rooftop solar has established itself as an attractive option for green transition enthusiasts who are also looking to bring down their energy costs. The last decade saw solar prices come down considerably, which made the technology even more attractive. However, Rooftop solar becomes unappealing to most lower-income households because of the higher cost per kilowatt […] Read more
Lightsource bp Secures Approval to Build 1.6 GW Solar Project in Spain Updated On Thu, Mar 2nd, 2023 by Saurenergy Global renewable energy conglomerate Lightsource bp – a joint venture between Lightsource and British Petroleum – has held that its route for the development of solar energy projects of multi-GW stands cleared in Spain. In a key development, Lightsource bp has received the environmental go-ahead for 19 solar power projects having total cumulative capacity of […] Read more
Tata Power RE Ltd (TPREL) Gets Second Slice of INR 2,000 Cr Infusion from GreenForest Updated On Thu, Mar 2nd, 2023 by Saurenergy Tata Power Renewable Energy Limited ((TPREL) is set to lead in the renewable business as it has received the second and final round of investment of INR 2,000 crore from GreenForest New Energies Bidco Limited (GreenForest). Tata Power has successfully allotted 20 crores compulsorily convertible preference shares (CCPS) at face value of ₹100 each at […] Read more
Germany’s Consul General Says Germany Looking to Partner with K’taka on Renewable Energy Updated On Thu, Mar 2nd, 2023 by Saurenergy Achim Burkart, Consul General, German Consulate, Bengaluru, has said that Germany is looking for partnership with Karnataka. The country is eager to work with the Indian state on green and renewable energy projects. Burkart established that Karnataka boasts of the highest share of renewable energy mix. This fact makes it an ideal destination for exploring […] Read more
West Central Railway Invites Bids for Implementation of 12 MW Solar Rooftop Projects Updated On Thu, Mar 2nd, 2023 by Saurenergy West Central Railway has issued a tender soliciting bids for the implementation of rooftop/cop, solar PV system at 3 division of West Central Railway. The projects are located at Kota division and have an aggregated capacity of 12 MW through public-private partnership (PPP) on desitransfer (the “DBFOT”) basis. The supply of electricity to railways will […] Read more
OYA Renewables Secures $216 Million For New York Community Solar Pipeline Updated On Thu, Mar 2nd, 2023 by Saurenergy US based energy transition solutions platform OYA Renewables has announced that it has secured a total of $216 million in financial backing for the construction of as many as 15 community solar development projects throughout the state of New York. This is expected to give a fresh push to community based solar power in the […] Read more
EDF Renewables Acquires 529 MWp Solar Portfolio from MEC Energy in Germany Updated On Wed, Mar 1st, 2023 by Saurenergy Global renewable energy player EDF Renewables has acquired 17 greenfield solar photovoltaic projects with a total capacity of 529 MWp from MEC Energy, a renewable project developer based in Germany. In the transaction, Capcora, a German consulting company, acted as the exclusive sell-side M&A advisor MEC Energy which is a German project developer and part […] Read more
UP Power Corporation Joins Hands With NEDA to Promote Solar-Powered Tube Wells Updated On Wed, Mar 1st, 2023 by Saurenergy The Non-Conventional Energy Development Agency (NEDA) and the UP Power Corporation have joined hands to provide solar equipment to farmers for grid-connected agricultural tube wells, that will make irrigation cost-effective by cutting down electricity expenses. The collaboration is under the scheme called PM-KUSUM (Pradhan Mantri-Kisan Urja Suraksha evam Utthan Mahabhiyan) by the Indian government that […] Read more
