Reliance Set To Launch Its First Solar Gigafactory By FY25 Updated On Thu, Aug 8th, 2024 by Saurenergy Reliance Industries, in its Integrated Annual Report 2023-24, shared its plans to commission its first solar Gigafactory in FY25, with most of the company’s renewable energy development and manufacturing operations at Jamnagar. In its business review, Reliance highlighted the growth the company has achieved from 2023 to 2024. Regarding its renewable energy (RE) plans, Reliance […] Read more
ECoR Plans To Save Rs 14 Core On Energy Bills By Using Solar Updated On Thu, Aug 8th, 2024 by Saurenergy To promote the use of green energy and reduce the carbon emissions of Indian railways, the East Coast Railway (ECoR) plans to install 21,826 KWp capacity Solar Plants. These plants will be installed at various Station Buildings, Service Buildings, Residential Buildings, and LC Gates, said the Indian railways in a recent statement. The said installation […] Read more
10 Rules To Remember For Peer-To-Peer Solar Trading In Karnataka Updated On Thu, Aug 8th, 2024 by Saurenergy Months after releasing the draft regulations to regulate the peer-to-peer solar energy transactions in Karnataka, the Karnataka Electricity Regulatory Commission (KERC) has approved the final regulation. The new KERC (Implementation of Peer-to-Peer Solar Energy Transaction) Regulations, 2024 is now all set to come into force with its notification in the official gazette. The new regulations […] Read more
Servotech Bags 1.2 MW UPNEDA Order To Develop Solar Plus Storage Systems Updated On Wed, Aug 7th, 2024 by Saurenergy Servotech Power Systems Ltd., a manufacturer of solar solutions and EV chargers has secured a total of 1.2 MW order worth approximately Rs. 10.20 crores for the deployment of grid-connected solar energy storage systems (ESS). The order has been secured from the Rural Development Department of Uttar Pradesh and the Uttar Pradesh New and Renewable […] Read more
Blueleaf Energy Gets Funding For 200 MW Madhya Pradesh project Updated On Wed, Aug 7th, 2024 by Saurenergy Blueleaf Energy, a pan-Asian renewable energy platform owned by a Macquarie Asset Management managed fund, today announced the financial close of its 200-megawatt (MW) wind-solar hybrid power plant under development in Madhya Pradesh, India. Blueleaf has secured project financing of approximately USD 170 million from Axis Bank for the project, which has secured grid access […] Read more
The Top 5 Advancements in Technology Propelling the Solar Revolution Updated On Wed, Aug 7th, 2024 by Saurenergy The solar industry is shining brighter than ever in 2024, thanks to advancements in solar technology in recent times. The past year has seen an incredible surge in solar power installations, taking the world’s total installed capacity to an impressive 1.6 TWdc. China is responsible for about 60 percent of these new installations, leading the […] Read more
Fourth Partner Energy Secures $275 Mn Investment From IFC Consortium Updated On Tue, Aug 6th, 2024 by Saurenergy International Finance Corporation (IFC), Asian Development Bank (ADB) and DEG today made a $275 Mn investment into Fourth Partner Energy (FPEL). IFC is a global impact investor and DEG is a German investment and development company. The consortium’s investment will infuse capital to fund FPEL’s business expansion plans which include a target portfolio of 3.5 […] Read more
TPEML, Tata Renewable Tie Up For Boosting Solar Adoption Updated On Tue, Aug 6th, 2024 by Saurenergy Tata Passenger Electric Mobility Ltd. (TPEML) and Tata Power Renewable Energy Ltd. (TPREL), have joined hands to drive zero-emissions mobility in India through a combined solution of Electric Vehicles and Solar Rooftop Systems. Through this collaboration, TPEML will enable customers to get a solar rooftop system installed. Both the companies will promote EVs / EV […] Read more
UPNEDA Issues Tender For Solar Energy-Based Drinking Water Kiosks Updated On Tue, Aug 6th, 2024 by Saurenergy The Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) has issued a tender for the installation of 20 solar-powered kiosks. This tender covers the supply, erection, testing, and commissioning of solar-based drinking water kiosks across various solar cities in Uttar Pradesh. The contract includes comprehensive warranty maintenance for a period of 5 years. The […] Read more