Federal Bank, Ecofy Tie Up For Boosting Rooftop Solar Financing Updated On Wed, Dec 18th, 2024 by Saurenergy Federal Bank has announced partnering with green fintech company Ecofy to offer innovative financing solutions for MSMEs investing in commercial rooftop solar installations. This collaboration marks one of the first comprehensive co-lending partnerships specifically designed to address the unique solar financing needs of the MSME sector, the companies said. The program targets financing 3,600 kW […] Read more
Punjab: Gensol Secures 22 MW Solar Project From A Steel Firm Updated On Wed, Dec 18th, 2024 by Saurenergy Indian renewable energy company Gensol Engineering Limited today announced securing the first large turnkey solar project from a steel product company in Punjab. The project involves the development of a 22 MW ground-mounted solar PV power plant, with a total contract value of INR 88 Crore is set to be executed over a 6-month period. […] Read more
IMFA Invests Rs 83.26 Crores In JSW Energy Hybrid Project Updated On Wed, Dec 18th, 2024 by Saurenergy The Odisha-based Indian Metals & Ferro Alloys (IMFA), has entered into a joint venture with JSW Green Energy. Under the collaboration, the ferrochrome integrated producer would source renewable energy for its smelting operations. IMFA signed a binding term sheet with JSW Green Energy One and JSW Green Energy Seven and will invest Rs 83.26 crores […] Read more
NTPC Issues BoS Tender For 1.5 GW Of Solar Project At Bikaner Updated On Tue, Dec 17th, 2024 by Saurenergy NTPC Renewable Energy has recently released a tender to develop a 1.5 GW grid-connected solar project in Rajasthan. It issued this tender through a joint venture with NTPC Green Energy Limited (NGEL) and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL). The tender offers a ‘Balance of System Package’ to develop the project at RVUNL’s Solar […] Read more
Maharashtra: RMC Switchgears Gets Rs 90 Cr Solar Pump Order Updated On Tue, Dec 17th, 2024 by Saurenergy Rajasthan-based RMC Switchgears recently received a Letter of Acceptance (LOA) from a system integrator to supply, and commission 5,000 solar pumps in Maharashtra. The Rs 90 crores (excluding taxes) project LOA comprises 3HP, 5HP, and 7HP solar pump systems. This project is slated to be completed by FY25-26. The company recently shared its plans to […] Read more
RMC Switchgears Plans To Foray Into Solar Manufacturing Updated On Mon, Dec 16th, 2024 by Saurenergy Renewable energy company Rajasthan-based RMC Switchgears has now planned to venture into solar manufacturing. The company which recently also ventured into the solar EPC business has now plans to try hands-on manufacturing. The firm also plans to start the manufacturing of solar modules and mounting structures with a capacity of 1GWp each. The firm has […] Read more
Insolation Energy To Setup Its Solar Cell, Module Unit In MP Updated On Mon, Dec 16th, 2024 by Saurenergy The Board of Directors of Insolation Energy (INA Solar) has now approved the plan to commission its new solar cell, module and Aluminium frame manufacturing facility in Madhya Pradesh. The latest development marks its first investment in solar manufacturing outside Rajasthan. This comes after the Madhya Pradesh government offered land to the company in the […] Read more
Pune-Based EPC Firm GK Energy Limited Files DRHP for IPO Updated On Mon, Dec 16th, 2024 by Saurenergy GK Energy Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). Pune-based company now plans to raise funds through an Initial Public Offering (IPO).GK Energy is a pure-play engineering, procurement and commissioning (EPC) provider of solar-powered agricultural water pump systems. The offer comprises direct-to-beneficiary sales and sales to […] Read more
Waaree Energies Secures 398 MWp Of Solar Module Orders Updated On Mon, Dec 16th, 2024 by Saurenergy Indian solar module manufacturer Waaree Energies today announced receiving orders for two significant clean energy projects. The company will now supply 398 MWp of solar modules for these two projects. While one order is for 249 MW of modules, another one is a 149 MW of orders. Without disclosing the identity of the client, the […] Read more
