REC Limited Funding Push Continues With Deals For Serentica, GreenKo Updated On Mon, Sep 18th, 2023 by Saurenergy REC Limited, a Maharatna PSE and the subsidiary firm of Power Finance Corporation is among the key govt.owned NBFCs mandated for enabling national goals. The firm has been very active of late. REC had hosted the Green Finance Summit in July 2023 on the side lines of G20, where one-on-one discussions with RE developers were […] Read more
SECI Issues Bid For 1260 MW Of ISTS-Connected RE Projects Updated On Fri, Sep 15th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) today issued a tender seeking developers for proposed 1260 Megawatt (MW) of firm and dispatchable renewable power in India. The central authority has planned to develop this project under the Inter-State Transmission Systems (ISTS). The last day to submit the bid is November 10 whereas the hard copy […] Read more
EDF Renewables Sets Sights on Three Grid-Scale Battery Sites in UK Updated On Fri, Sep 15th, 2023 by Saurenergy EDF Renewables UK is in the process of establishing three grid-scale battery sites in Kent, Norwich and Essex. The firm has set sights on the deployment of battery storage units in 40 strategic locations across the UK. The three sites for battery storage entail the 50 MW / 100 MWh lithium-ion battery storage unit in […] Read more
Sunpure & AMP Energy India in Agreement for Robotic Cleaning Systems for 300 MW Updated On Fri, Sep 15th, 2023 by Saurenergy SUNPURE, which specializes in PV intelligent cleaning robot business, has joined hands with AMP Energy India to supply water-free robotic cleaning systems for 300 MW of capacity. The contract paves the path for the supply of fully automatic and semi-automatic advanced versions of SUNPURE robotic cleaning systems. These will see installations of 1 P single […] Read more
RPO Non-Compliance Penalty Should Be Higher: Prayas Energy Group Updated On Fri, Sep 15th, 2023 by Saurenergy Pune-based energy think tank Prayas Energy Group has urged the Maharashtra Electricity Regulatory Commission (MERC) to consider keeping the penalty for non-compliance of Renewable Purchase Obligation (RPO) higher. The think tank expressed its views in connection with the MERC draft (RPO, Its Compliance and Implementation of Renewable Energy Certificate Framework (First Amendment) Regulations 2023. RPO […] Read more
Large RE Market A Boon For India: Anadi Iyer, India Director, Fraunhofer Updated On Fri, Sep 15th, 2023 by Saurenergy How is Fraunhofer’s helping the renewable energy sector in India? Fraunhofer works around science and engineering, whether it is renewable energy, production technologies, material science, smart cities, smart manufacturing, and artificial intelligence, etc. We can make solar cell battery storage systems of high quality. We are also working on several technologies simultaneously, like thins cells. […] Read more
Serentica Secures INR 2600 Cr Funding from PFC for Green Projects Updated On Thu, Sep 14th, 2023 by Saurenergy Vedanta backed Serentica Renewables, a C&I focused renewable energy developer, has announced that it has achieved financial closure for its upcoming hybrid renewable energy projects in Karnataka. The firm has secured the entire debt funding of INR 2600 crores from one of India’s largest power sector lenders, Power Finance Corporation Limited (PFC Ltd.). To ensure […] Read more
Battery Swapping Can Reduce EV Costs Drastically: Kavinder Khurana, MD, TeslaPower Updated On Mon, Sep 11th, 2023 by Saurenergy Why Tesla Power USA invested in India. How much potential do you see here? Tesla Power USA is a United States (US)-based entity. It has invested heavily in battery rejuvenation technology. The company was launched in India in September 2021. Globally, it operates in 18 countries. It includes four countries in Latin America, seven in […] Read more
India & US Shore Up Partnership to Anchor $500 Mn RE Infrastructure Investment Fund Updated On Mon, Sep 11th, 2023 by Saurenergy A joint investment fund of up to $1 billion to aid India’s initiatives aimed at the adoption of green technology has got the nod from US President Joe Biden and Narendra Modi. In an initiative that will strengthen India-US bilateral relationship in the renewable energy space, India’s National Investment and Infrastructure Fund and the US […] Read more
