Avaada Energy Secures Rs 4,471 Cr Refinancing For Rajasthan Solar Projects Updated On Fri, Apr 19th, 2024 by Saurenergy Avaada Energy, the renewable energy arm of Avaada Group, has announced the successful closure of one of the largest refinancing transactions in India’s renewable energy sector, securing about Rs 4,471 crore from the state-owned lender, the National Bank for Financing Infrastructure and Development (NaBFID). This refinancing transaction, conducted under a Restricted Group (RG) structure, encompasses […] Read more
Stellantis To Invest $100mn in Argentina’s Solar Energy Sector Updated On Thu, Apr 18th, 2024 by Saurenergy Stellantis, the automotive giant behind brands like Citroen, Fiat, and Peugeot, is taking a significant step towards sustainability by investing $100 million in Argentina’s solar energy sector. The company announced its acquisition of 49.5% of 360 Energy Solar, a prominent player in the country’s solar power market. This move is part of Stellantis’ strategy to […] Read more
April 18 – KPI Green, Shakti Pumps Lead Strong Green Move On Another Tough Day For Markets Updated On Thu, Apr 18th, 2024 by Saurenergy On yet another down day for the markets, our green pack continued to more than hold its own, with 7 of the 11 stocks being tracked in the green. Leading the charge, besides the by now inevitable upper circuit for Waaree Renewable, is KPI Green Energy, and Shakti Pumps. While KPI Green has been adding […] Read more
Recurrent Energy Secures $70 Million Financing For 152 MW Brazil Solar Project Updated On Thu, Apr 18th, 2024 by Saurenergy Solar and energy storage assets firm Recurrent Energy has announced that it has secured $70 million of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil. The 152 MW Jaiba III project will be financed over 22 years spanning both construction and operation phases. Linked […] Read more
EESL Mart To Soon Sell Solar Modules, Tender Likely In One Month Updated On Thu, Apr 18th, 2024 by Saurenergy The Energy Efficiency Services Limited (EESL), a constituent body of the Ministry of Power is now all set to sell solar modules from Indian solar manufacturers to the consumers. The central government agency plans to sell these renewable energy products through its e-marketplace platform ‘EESL Mart’. The government agency is now undertaking stakeholder consultations to […] Read more
European Commission Signs Solar Charter To Boost Manufacturing Resilience Updated On Tue, Apr 16th, 2024 by Saurenergy The European Commission has signed the European Solar Charter to support Europe’s solar manufacturing base. In the charter, the signatories commit to the support of Europe’s solar manufacturing base. The charter was signed in Brussels and was drafted by the European Commission. Last year, 56 GW of solar PV were installed in the European Union […] Read more
Greece-Based Electric Utility Firm To Develop 2GW Solar Farm In Europe Updated On Mon, Apr 15th, 2024 by Saurenergy European Electric Utility firm PPC Group and Greek metal company MYTILINEOS Energy & Metals have announced that they have signed a Cooperation Framework Agreement (CFA) for the development and construction of a portfolio of solar projects up to 2000MW in Italy, Bulgaria, Croatia, and Romania. According to a media statement by PPC Group, the value […] Read more
Insolation Energy- Soaring Market Cap Delivers Stunning Returns Updated On Fri, Apr 12th, 2024 by Saurenergy Jaipur-based Insolation Energy Limited ( INA Solar), riding on strong operating numbers and the current market fancy for green energy stocks, has raced to the first position by market capitalization on BSE SME & NSE EMERGE platform. With its existing market cap of well over Rs 3300 crores, Insolation Energy Limited (INA Solar), the noted […] Read more
News In Brief April 12- Nexamp, Chinese Solar Exports, US Solar Backlog & More… Updated On Fri, Apr 12th, 2024 by Saurenergy China Exports 43.1 GW Modules In Jan-Feb 2024, Says Infolink China exported 21.9 GW of modules in January 2024, a 35% increase from 16.2 GW in December 2023, then exported 21.2 GW in February, a 3% month-on-month decrease, accumulating 43.1 GW of total export volume in 2024, a 45% increase from 29.7 GW in the […] Read more
