APDCL Issues Tender for Selection of Solar Power Developers for 10 MW Solar Projects Updated On Wed, Mar 22nd, 2023 by Saurenergy Assam Power Distribution Company Ltd (APDCL) invited bids for the selection of solar power developers for the development of a 10 MW solar project. The 10 MWAC grid-connected solar PV power projects throughout the State of Assam under CPSU Scheme (Government Producer Scheme) Phase-II, GOI. The bid submission end date is 05.04.2023 at 14:00 Hrs. […] Read more
ACWA Power to Build $7.5 bn Worth Renewable Energy Projects & BESS in Uzbekistan Updated On Tue, Mar 21st, 2023 by Saurenergy Saudi renewables developer ACWA Power has inked three PPAs and investment agreements with Joint-Stock Company (JSC) National Electric Grid of Uzbekistan (NEGU) and Ministry of Investment, Industry and Trade of Uzbekistan. Under the agreements, ACWA Power will develop three solar PV projects in Tashkent and Samarkand. It will also build three Battery Energy Storage Systems […] Read more
Electriq Power Secures $300 Million for Solar+Storage Financing Updated On Fri, Mar 17th, 2023 by Saurenergy Silicon Valley-based Electriq Power which provides intelligent energy storage and management for households and small businesses, has announced that it has entered into a multi-year agreement with a major US clean-energy company for financing purposes. The provider company provides a platform that designs, proposes and finances solar and storage projects nationwide. Electriq Power said that […] Read more
“Penetration In MSME Low, Market Untapped for Solar Rooftop Plant Developers,” Vikas Agarwal, Credit Fair Updated On Fri, Mar 17th, 2023 by Saurenergy With a transition in power consumption patterns worldwide due to climate change and the limitation of fossil fuels, the importance of green sources such as solar energy has increased significantly in the past few years. However, the initial installation cost often is a significant limitation for the widespread adoption of solar technology in residential and […] Read more
Energy-tech Startup Zendure Introduces First Plug-and-Play Energy Storage System Updated On Fri, Mar 17th, 2023 by Saurenergy Energy-tech startup Zendure has introduced SolarFlow, which is said to be the first plug-and-play solar energy storage system for balconies. The energy storage system is made up of a PV hub and boasts of upto four batteries. SolarFlow offers compatibility with the usual balcony solar panels and lets residents in apartment and condos to store […] Read more
Solar Financing Startup Aerem Raises $5 Million in Equity Plus Debt Round Updated On Thu, Mar 16th, 2023 by Saurenergy Solar financing platform Aerem has raised $5 million in Pre-Series A round led by climate-tech investor Avaana Capital. The round also saw follow-on participation from Blume Ventures and it includes debt financing of $1.5 million from financial institutions. Financing has been a key issue seen to impact uptake of solar in the MSME segment, and […] Read more
Punjab Invites Bids for 10 MW Cumulative Grid-Connected Rooftop Solar PV Systems Updated On Thu, Mar 16th, 2023 by Saurenergy Punjab Energy Development Agency has issued a tender for the implementation of a tentative 10 MW cumulative grid-connected rooftop solar PV systems under RESCO mode at various locations in the state of Punjab. The tender fee is Rs 5,000. The processing fee is Rs 2,360. The EMD amount is Rs 20,00,000 (two lacs per MW […] Read more
SJVN & Indian Oil to Form JV for Renewable Energy Projects Updated On Thu, Mar 16th, 2023 by Saurenergy CPSU SJVN and Indian Oil Corporation have inked an agreement to form a joint venture for renewable energy projects. This was revealed by SJVN Chairman & Managing Director Nand Lal Sharma while adding that both SJVN and IOCL will employ their core strength for project development. The new firm will look into the development of […] Read more
Navitas Solar Ropes in Hiten Parekh as Chief Business Officer Updated On Wed, Mar 15th, 2023 by Saurenergy In what the firm is terming a long-term strategic move, Surat-based solar module manufacturing company, Navitas Solar has onboarded Hiten Parekh as its Chief Business Officer. Parekh professional experience includes 24 years spent in both India and abroad in various industries. He has ten years of industry experience in the solar sector. He brings to […] Read more
