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solar energy projects

Danish Fund IFU To Invest $34 Million Into Cleanmax

In yet more funding news, The Danish Investment Fund for Developing Countries (IFU) is investing USD 34 million (Rs 260 cr approx.) in CleanMax, which has an  aggregated capacity of 750+ MW of installed solar and wind-solar hybrid power. Cleanmax, founded in 20211, has been an early mover in the commercial and industrial segment, and […]

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Not Having A Central Net Metering And Subsidy Policy Is A Challenge

Corrit Energy and Infra, a Gurugram, based solar EPC company provides engineering, procurement, and construction services in and around Delhi- NCR is now gearing up for the next phase of growth. In an emailed response to Saur Energy, Corrit’s CEO and Director, Mayur Mishra, sheds further light on the solar energy industry, key requirements and […]

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UP is at a Crossroads in its Electricity Transition: IEEFA-Ember Report

Uttar Pradesh (UP) has fallen behind other power-intensive Indian states in terms of delivering on renewable capacity targets due to several delays, inducing anxiety in electricity developers. A new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember says urgent action is needed to get back on […]

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Senior Manager – Module Production

Incumbent shall be responsible for production targets of Module plant & various developmental activities in module lines, in addition to shop floor control, to increase production throughput and Yield parameters. Role & Responsibilities:- Responsible for Proper Manpower handling for Production line. Handling of Entire Production Line of GW scale Ensuring day wise & shift wise […]

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Ares Secures $2.2 B for Climate Infrastructure Capital

Los Angeles-based private equity firm Ares Management Corp said on Thursday it has raised $2.2 billion to invest in infrastructure businesses operating in the renewable energy, energy efficiency, and energy storage sectors. Ares said it raised $1.4 billion for its inaugural Ares Climate Infrastructure Partners Fund, and an additional $800 million in managed accounts that […]

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Danish JV for Green Conversion of Coal-fired Plants

Cleantech developer Aalborg CSP will supply its header-coil heat exchanger for steam generation and molten salt circulation system for the Kyoto Group project for a thermal energy storage to be established at Aalborg Forsyning’s green test center at the Danish city of Aalborg. Electricity from, say, wind turbines, will be stored in a modular storage […]

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Tata Power Gets LOA For 300 MW Hybrid Project from MSEDCL

TP Saurya Limited (TPSL), a wholly owned subsidiary of Tata Power, received the ‘Letter of Award’ (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for setting up of 300 MW hybrid power capacity. This project has been awarded through Tariff-based competitive bidding followed by e-Reverse auction. TP had won the bid along with Azure […]

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Renewables Financing Gaining At Coal’s Expense In India, Says Report

As most countries struggled to regain lost momentum in various industrial sectors during the Covid lockdowns, India’s story, too, has been no different. A new report in December 2021 on Coal Vs Renewable, a Financial Analysis, says that lockdowns to deal with the COVID-19 pandemic did slow down the pace of renewable energy installations in […]

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Carbon America Closes $30 M Series A to Scale Up its CCS Tech

Carbon America, a vertically integrated carbon capture and sequestration (CCS) developer, has secured $30 million in Series A funding to deploy commercial projects and scale up its technology. Participating investors include the Canada Pension Plan Investment Board (CPP Investments), ArcTern Ventures, Energy Impact Partners, the Grantham Environmental Trust’s Neglected Climate Opportunities Fund, and Golden Properties. […]

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