Avaada Group Secures Rs 315 Cr Financing For Karnataka Solar Project Updated On Wed, May 29th, 2024 by Saurenergy The renewable energy arm of Avaada Group, Avaada Energy, has announced that it has closed the financing of about Rs 315 crore from Aseem Infrastructure Finance Limited (AIFL), an IFC (Infrastructure Finance Company), said the company statement. The company has secured financing for its solar PV power project being developed under a long-term captive Power […] Read more
India’s Solar Energy Sector And Opportunities for Startups and Entrepreneurs Updated On Tue, May 28th, 2024 by Saurenergy India’s solar energy sector is experiencing a remarkable transformation, creating abundant opportunities for startups and entrepreneurs. With the government’s ambitious targets and supportive policies, this sector is becoming a hotspot for innovation and investment. Growing Solar Capacity India aims to achieve 300 GW of solar capacity by 2030, a significant leap from its current capacity […] Read more
Oswal, Cosmic PV & Luminous Enter ALMM, India’s Capacity Touches 48 GW Updated On Sun, May 26th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now published its latest updated list of ALMM (Approved List of Models and Manufacturers), adding seven new entrants. With the addition of new domestic solar module manufacturing capacities, India’s total ALMM enlisted capacity has now touched 48 GW. This was an addition of around 5.4 GW […] Read more
News Brief May 24- Appalachian Power, Amresco UK Battery, Colombian Solar Project Updated On Fri, May 24th, 2024 by Saurenergy Appalachian Power Issues Tenders for 1.1 GW of Renewable Energy Supply In US Appalachian Power (APCo), headquartered in the United States, has announced the release of three Requests for Proposals (RfP) for 1.1 GW projects for securing power and Renewable Energy Certificates (RECs) from wind and solar projects, as well as from battery energy storage […] Read more
Avaada, Apraava, ReNew & JSW Bag NTPC’s 1.5 GW Solar Contract Updated On Fri, May 24th, 2024 by Saurenergy Indian power behemoth NTPC recently awarded the contracts to four developers to setup its 1,500 MW of solar project. The Indian Renewable Energy Implementing Agency recently announced the results of its tender, floated earlier. The tender was meant for Inter-State Transmission System (ISTS) through these new proposed solar projects. Based on the reverse competitive bidding, […] Read more
GERC Proposes Fixing Timelines For Rooftop Solar Connections Updated On Fri, May 24th, 2024 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) has now proposed amending its existing rooftop solar and net-metering rules of 2016 to pave the way for fixing timelines for rooftop solar installations. The new draft rules proposed that the technical feasibility report (TFR) should be submitted by the discoms within 15 days. This new provision was made […] Read more
Emmvee Group, Hero Future Energies In Agreement For 600 MWp Solar Modules Updated On Fri, May 24th, 2024 by Saurenergy Bengaluru based Emmvee Photovoltaic Power Pvt. Ltd, announces a strategic agreement with Hero Future Energies to provide solar modules. Under the agreement, Emmvee will supply up to 600 MWp of high-efficiency solar modules over a two-year period. The deal marks a noticeable pick up in long term arrangements for HFE, as it seeks to ramp […] Read more
INKEL Seeks Bids For O&M Of On-Grid RT Solar Plants In Kerala Updated On Fri, May 24th, 2024 by Saurenergy Inkel a project management consultancy in Kerala and the company involved in installation and management of solar projects in Kerala invited quotes from contractors. The company invited quotes for the operation and maintenance of grid-connected ground-mounted solar power plants installed by INKEL at various locations in Kerala. operation and maintenance of grid-connected ground-mounted solar power […] Read more
Solex Ties Up With GMEE, Wuxi Tidewinner To Expand Capacity By 800MW Updated On Thu, May 23rd, 2024 by Saurenergy Solex Energy Limited today announced signing of a Memorandum of Understanding (MoU) with GMEE Solar and Wuxi Tidewinner Industrial International Co., Ltd. This partnership will facilitate an 800 MW capacity expansion, enhancing Solex Energy’s existing 700 MW production capability to 1.5 GW by the end of the second quarter of FY 24-25. A release from […] Read more