Govt Should Relax DCR Mandate Temporarily For PM Surya Ghar: IEEFA Updated On Wed, Oct 16th, 2024 by Saurenergy A latest report from the International Energy Economics and Financial Analysis (IEEFA) and JMK Research advocated for temporarily relaxing the mandate of Domestic Content Requirement (DCR) under PM Surya Ghar scheme. The suggestion was one of the key recommendations of the joint report which analysed the performance and challenges under PM Surya Ghar scheme. The […] Read more
Avaada Energy Secures Rs 597 Crore Refinancing for PV Projects Updated On Wed, Oct 16th, 2024 by Saurenergy Avaada Energy, a subsidiary of the Avaada Group, has secured Rs 597 crore ($71.1 million) in refinancing for its commercial and industrial (C&I) solar projects. These projects are located in Karnataka and Maharashtra. The refinancing was provided by NIIF Infrastructure Finance Limited (NIIF IFL), an infrastructure debt fund focused on refinancing operational infrastructure projects. Avaada’s […] Read more
Credence, Krannich Partner To Supply MonoPERC & Topcon Modules Updated On Mon, Oct 14th, 2024 by Saurenergy Gujarat-based Credence Solar, a PV module manufacturer, and Krannich Solar, a solar products distributor, entered a partnership to accelerate solar energy solutions adoption in India and in the international markets. As part of this collaboration, Krannich Solar will distribute Credence Solar’s Mono-PERC and TOPCon PV modules to its across India, Europe, and other key solar […] Read more
Key Global Policy Trends Accelerating the Renewable Energy Revolution Updated On Fri, Oct 11th, 2024 by Saurenergy The transition to renewable energy is not just a technological shift; it’s a complex interplay of policies, market dynamics, and societal acceptance. As the world grapples with climate change, energy security, and economic resilience, governments are increasingly recognizing the need to enhance their renewable energy strategies. This blog outlines key policy trends driving renewable energy […] Read more
Green Stocks Oct 10: Shakti Pumps Lead The Chart Updated On Thu, Oct 10th, 2024 by Saurenergy Among the listed green firms, Indore-based solar pump company Shakti Pumps today led the chart with the highest growth of 5 percent in its stock price. It was followed by Sterling & Wilson which reported a total surge of 4.99% in its stock priced, compared to its stock price yesterday. The companies which reported a […] Read more
MNRE To Fund Innovative Technologies Under PM Surya Ghar Updated On Thu, Oct 10th, 2024 by Saurenergy To further support the development of innovative projects under PM Surya Ghar: Muft Bijli Yojna, the Ministry of New and Renewable Energy (MNRE) has issued latest guidelines laying down new norms under the ‘Innovative Projects’ component of the scheme. The objectives of the Innovative Projects for Rooftop Solar are: a. To identify and fund new […] Read more
Hitachi Energy Rolls Out $250Mn Plans For India Updated On Tue, Oct 8th, 2024 by Saurenergy Hitachi Energy, a firm working in the energy technology landscape announced that it will invest nearly $250 million USD (INR 2,000 crore) in the country over the next five years to help the company improve its manufacturing capacities, expanded product range in support of the fast-growing demand worldwide for sustainable energy solutions. The investment forms […] Read more
SECI Awards 600 MW Hybrid Project At Tariff Of Rs 3.25/kWh Updated On Mon, Oct 7th, 2024 by Saurenergy SECI recently allocated a 600 MW Hybrid Power Project to three companies namely: Juniper Green, ACME And Sembcorp. Among the four bidders, the Renewable Energy Implementing Agency reported the lowest tariff of Rs 3.25/kWh. According to its recent announcement, SECI awarded the project to Juniper Green Energy, ACME Solar Holdings, and Sembcorp Green Infra to […] Read more
India’s Clean Tech Capacity To Rise Significantly By 2030: S&P Report Updated On Mon, Oct 7th, 2024 by Saurenergy According to Clean Energy Technology research team at S&P Global Commodity Insights, India has introduced various initiatives to enhance domestic manufacturing, aiming to minimize reliance on imported goods and bolster local manufacturing. With these supportive strategies, India’s clean energy technology capacity is projected to rise significantly by 2030, aiming for full self-sufficiency in solar PV […] Read more