IFC, SIMA Invest $150 mn In Green Bonds For Solar Projects In Africa Updated On Thu, Feb 8th, 2024 by Saurenergy International Financial Corporation (IFC), a member of the World Bank Group (WBG), in partnership with Social Investment Managers and Advisors LLC (SIMA Funds or SIMA) and other financiers, has reached the first close of a $150 million solar green bond, which expected to finance productive-use solar projects throughout Africa. The bond is expected to finance […] Read more
Nextracker Accelerates Distributed Solar Generation, Delivers 600 Projects Updated On Thu, Feb 8th, 2024 by Saurenergy Nextracker, an integrated solar tracker and software solution provider, announced it has surpassed 600 projects delivered in its distributed generation (DG) portfolio. Driven by customers realizing significant energy gains using its NX Horizon™ solar tracker systems, Nextracker’s DG projects are deployed worldwide in commercial and industrial applications, including data centers, farming, retail, education, and manufacturing […] Read more
Jharkhand Invites Bids for Solar Plants in Tribal Villages Under PM-JANMAN Updated On Wed, Feb 7th, 2024 by Saurenergy Jharkhand Renewable Energy Development Agency (JREDA) has invited bids regarding designing, manufacturing, testing, supply, installation & commissioning of Solar Photo voltaic Mini/Micro Grid and Solar Standalone Systems of different capacities with distribution network including control room & connection to households along with five-year comprehensive maintenance contract (CMC) on Turnkey basis in different PVTG villages anywhere […] Read more
Aether Industries To Add 15 MW Solar To Captive Capacity Updated On Wed, Feb 7th, 2024 by Saurenergy Gujarat based speciality chemicals firm Aether Industries is adding to its existing captive solar capacity of 16 MW. With the initiation of a 15 MW Solar Power Project (Auto-Tracker Modules) under the Captive Power Producer (CPP) segment, the firm will move further towards powering operations using renewable energy. The newest order has been entrusted to […] Read more
Citizen Solar In Tie-up With Jinchen To Expand Module Capacity to 1.2GWp Updated On Fri, Feb 2nd, 2024 by Saurenergy Gujarat based Citizen Solar has signed an MoU with Chinese solar equipment manufacturer Jinchen Corp to expand its solar module manufacturing capacity to 1.2 GWp in a phased manner. Citizen solar is an approved manufacturer that is already on MNRE’s Approved List of Module Manufacturers (ALMM) list on date. It’s approved manufacturing capacity in ALMM […] Read more
BUDGET: FM Announces Support For RTS, Offshore Wind and EV Manufacturing Updated On Thu, Feb 1st, 2024 by Saurenergy Union Finance Minister Nirmala Sitharaman announced the Union Budget 2024 today. Speaking in Lok Sabha, the finance minister discussed the recently announced Pradhan Mantri (PM) Suryodaya Scheme. On January 22, PM Narendra Modi announced the connection of one crore households with rooftop solar. In her budget speech, the finance minister talked about the savings of […] Read more
Cleantech Solar Raises Rs 6.25 Billion From Tata Capital for Indian RE Projects Updated On Thu, Feb 1st, 2024 by Saurenergy Singapore headquartered Cleantech Solar has successfully secured a substantial long-term senior secured loan facility of Rs 6.25 billion from Tata Capital Limited. This funding is earmarked for bolstering its open access portfolio within India. Cleantech Solar stands as a prominent provider of renewable energy solutions catering to corporate entities across India and Southeast Asia. It […] Read more
BUDGET: Solar Industry Wants Funds For RTS, Lower GST On Equipment Updated On Thu, Feb 1st, 2024 by Saurenergy As Union Finance Minister Nirmala Sitharaman is all set to announce the Union Budget today in Lok Sabha, the solar industry is anticipating several announcements for the sector. Several industry experts anticipate announcements that could support the industry. However, most of the solar industry experts who spoke on the issue talked about reduced taxes for […] Read more
Oxford PV Achieves 25% Solar Cell Efficiency; Claims World Record Updated On Wed, Jan 31st, 2024 by Saurenergy Oxford PV, a British firm pioneering advanced photovoltaic cell technology, has claimed to have achieved a remarkable 25% conversion efficiency, surpassing the typical 24% efficiency of commercially available silicon-based solar cells. Oxford PV says that this is now a new world record in solar panel efficiency. Solar modules employing these higher efficiency cells yield greater […] Read more
