World Bank Approves $200 Mn Loan to Himachal for RE Sector Reforms Updated On Wed, Jun 28th, 2023 by Saurenergy World Bank’s Board of Executive Directors has approved a $200 million loan for the Government of Himachal Pradesh to support power sector reforms in the state and increase the share of Renewable Energy (RE) in its electricity generation. The loan aligns with Himachal Pradesh’s objective of adding 10 GW of additional RE capacity to make […] Read more
SECI Announces NIT for 800 MW RTC Power For Haryana Updated On Mon, Jun 26th, 2023 by Saurenergy SECI (Solar Energy Corporation of India) has revealed its intention for the procurement of RTC power (Round-the-Clock) from renewable energy projects for an aggregate capacity of 800 MW, meant primarily for Haryana discoms. The projects will be set up on “Build Own Operate” (B-O-O) basis. Towards this, SECI shall enter into a Power Purchase Agreement […] Read more
Govt Amends RE Bundling Norms, Allows Joint Ventures Updated On Fri, Jun 23rd, 2023 by Saurenergy The Ministry of Power has issued a notification to amend some portions of the scheme for bundling renewable energy with thermal/hydropower energy. The new changes are related to allowing joint ventures (JVs) to set up renewable energy plants for the purpose and about the location of such plants. The ministry said that the new changes […] Read more
Overcoming Climate Change Risks: India’s Quest to Expand Offshore Wind Power Updated On Fri, Jun 23rd, 2023 by Saurenergy India is banking on wind power expansion to meet close to a third of its 2030 renewables target, with solar accounting for most of the rest. Importantly, the country is finally actively pushing for offshore wind power as it aims to achieve 30 GW of offshore wind energy capacity by 2030. With one of the […] Read more
Final Rules For Indian Carbon Credit Market Within 15 Days: Govt Updated On Thu, Jun 22nd, 2023 by Saurenergy Higher officials from the Ministry of Power today claimed that the final rules to govern the Indian Carbon Credit Market are expected to be out in the next 15 days. The officials said that after exhaustive consultations with the stakeholders, the ministry is set to come out with the final rules. It comes after the […] Read more
WattPower In Agreement With Renew Power For 1.2 GW Of String Inverters By Dec 2023 Updated On Thu, Jun 22nd, 2023 by Saurenergy WattPower, a leading provider of innovative energy solutions, has announced a ground-breaking deal with ReNew Power, India’s leading renewable energy company by installed capacity. The agreement entails the supply of 1.2 Giga Watts (GW) of string inverters, making it one of the largest deals in the solar inverter industry. With a contract value of close […] Read more
SafEarth Nets Rs 35 Million Funding From Anthill Ventures, Others Updated On Thu, Jun 22nd, 2023 by Saurenergy SafEarth, a technology platform for adoption of renewable energy in India has today announced the successful completion of its recent funding round of 35 Million (Rs 3.5 crore). The funding was led by Anthill Ventures, Third Derivative and Mumbai Angels. This investment will fuel SafEarth’s product development initiatives and support its expansion into new industrial […] Read more
Lithium Market Size To Grow By 1,066.47 Thousand From 2022 To 2027: Report Updated On Thu, Jun 22nd, 2023 by Saurenergy A latest global market research report on Lithium claimed that the international lithium market size is estimated to increase by 1066.47 thousand t from 2022 to 2027. Global market research company Technavio released the report. The Global Lithium Market 2023-27 report claimed that the market’s growth momentum would progress at a Compound Annual Growth Rate […] Read more
NSEFI Receives UN ECOSOC Special Consultative Status for NGOs Updated On Tue, Jun 20th, 2023 by Saurenergy The National Solar Energy Federation of India (NSEFI) today announced getting a special consultative status with United Nations Economic and Social Council (ECOSOC). The recognition empowers NSEFI to actively engage with ECOSOC, its subsidiary bodies, the Human Rights Council, select meetings of the General Assembly and other intergovernmental bodies, and the United Nations (UN) Secretariat. […] Read more
