Serentica Renewables In INR 3500 Cr Debt Deal For Its 530 MW RTC Project Updated On Mon, Jan 8th, 2024 by Saurenergy Serentica Renewables, which has quickly emerged as a leading C&I focused renewable energy developer in India within 2 years, announced the signing of its first international and commercial bank foreign currency loan worth INR 3500 crores (US$425 million) for its Round-The-Clock renewable energy project in India. The transaction brings together a consortium of three international […] Read more
BrightNight Announces $375 million Corporate Credit Line For RE portfolio Updated On Fri, Jan 5th, 2024 by Saurenergy BrightNight, a global renewable power producer has announced the closing of a $375 million corporate credit facility. It said that this would help it accelerate development of its 31 GW U.S. Renewable Power Portfolio. This significant financial milestone underscores the company’s commitment to advancing renewable energy solutions that are safe, reliable, affordable, and clean. The […] Read more
BESS BOP Estimator Updated On Thu, Jan 4th, 2024 by Saurenergy Responsibilities:- Prepare, schedule, coordinate and monitor the Electrical Design activities. Prepare specification document and RFQ’s for sub-contractor and vendors for the products and solutions including civil constructions of sites. Prepare and co-ordinate Division of responsibilities with Civil and construction partners. Equipment design, Selection of equipment’s and work with Sub vendors to meet business Targets. Communicate […] Read more
Vietnam’s VinFast looks to open EV battery plant in Tamil Nadu Updated On Thu, Jan 4th, 2024 by Saurenergy VinFast, a leading Vietnamese electric vehicle manufacturer, has identified Thoothukudi as the location for its upcoming battery manufacturing plant. The company is poised to make a significant investment, amounting to hundreds of millions of US dollars, in a spacious 400-acre area. Moreover, this will be VinFast’s inaugural investment venture in India. Originally, VinFast was looking […] Read more
Torrent Power Invests Rs 47,000 cr In RE Distribution Within Gujarat Updated On Thu, Jan 4th, 2024 by Saurenergy Torrent Power has inked four agreements with the Gujarat government to invest around Rs. 47,350 crores in the renewable energy sector, Green Hydrogen, and in the electricity distribution business. Torrent Power, an integrated power utility, has diversified the Torrent Group investment with the signing of four non-binding Memorandum of Understanding (MoU) with the government of Gujarat […] Read more
Nextracker Completes Separation from Flex, Now An Independent Firm Updated On Thu, Jan 4th, 2024 by Saurenergy Nextracker Inc. (Nasdaq: NXT), a leading global provider of intelligent solar tracker and software solutions, has announced the completion of Flex Ltd.’s spin-off of all of its remaining interests in Nextracker to Flex shareholders. This, together with certain other transactions relating to the spin-off also announced by Flex , resulted in a Nextracker ownership separation […] Read more
IEX December Market Update- Green Market Slide Continues with 60% Drop Updated On Thu, Jan 4th, 2024 by Saurenergy Indian Energy Exchange,(IEX) India’s premier energy exchange, achieved 9,707 MU overall volume in December’23, including 10.52 Lac Renewable Energy Certificates (RECs) (equivalent to 1052 MU), marking a 14.9% increase on YoY basis. IEX achieved 8,655 MU total electricity volume in December 2023, registering an increase of 8.7% on YoY basis. For the third quarter of […] Read more
Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector Updated On Tue, Jan 2nd, 2024 by Saurenergy For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […] Read more
Adani Green Announces Completing 1050MW JV With TotalEnergies Updated On Tue, Jan 2nd, 2024 by Saurenergy Adani Green Energy Limited (AGEL) has announced completing the 1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies invested USD 300 million in the AGEL subsidiary to acquire a 50% stake in the projects. This follows the binding agreement about the JV announced between AGEL and TotalEnergies in September 2023. The […] Read more
