COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip Updated On Tue, Feb 13th, 2024 by Saurenergy Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar. Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […] Read more
Jakson Solar, Credit Fair Tie Up To Boost Rooftop Solar Financing Updated On Tue, Feb 13th, 2024 by Saurenergy Credit Fair, a consumer lending fintech startup, has established a partnership with Jakson Solar, a part of the Jakson Group, a leading energy and infrastructure solutions company headquartered in Noida. The partnership has been planned to offer affordable solar equipment financing options to individuals, MSMEs, trust institutions and housing societies to install clean energy systems. […] Read more
Puducherry Invites Bids For 225 MW Rooftop Solar Projects Updated On Mon, Feb 12th, 2024 by Saurenergy The electricity department of Puducherry has invited bids for supplying material for the 225 MW solar project. The bid is regarding establishing fixed rates for the design, supply, erection, testing, and commissioning of grid-connected rooftop solar power projects across various capacities for residential buildings. According to the tender notice, the due date for submission of […] Read more
Singapore, UK, Mauritius, UAE Biggest Solar Investors In India: R.K Singh Updated On Mon, Feb 12th, 2024 by Saurenergy The union minister of new and renewable energy, R.K Singh shared details of the solar investment received within the by India in the last three years i.e., from 2020 – September 2023. He stated, “Indian solar sector has received 3860.158 million investments through foreign direct investment (FDI) within the country till 30th September 2023.” India […] Read more
Top 5 Challenges for Solar Financing in India Updated On Mon, Feb 12th, 2024 by Saurenergy While the tide has clearly turned in favour of more and better financing for solar, it’s instructive to understand just why it was not happening till now. We listed down all the top reason cited by financiers, to build this list of top 5. Understanding Solar. A key issue is the limited understanding of solar […] Read more
More Than 2.95 Lakh Off-Grid Solar Water Pumps Installed Under PM-KUSUM, Parliament Told Updated On Fri, Feb 9th, 2024 by Saurenergy Centre today apprised the Parliament that over 2.95 lakh standalone off-grid solar water pumps have been successfully installed as part of the PM-KUSUM scheme. Union Minister for New & Renewable Energy and Power, RK Singh, in a written reply to a question in the Lok Sabha said that 2.95 lakh water pumps functioning on a […] Read more
IEEFA Cites Jharkhand Solar Policy To Support Blended Finance For DRE Updated On Fri, Feb 9th, 2024 by Saurenergy A recent report by Institute for Energy Economics and Finance (IEEFA) has put the spotlight on the role of blended finance as a medium to support transition to renewable energy in developing countries. The report defines blended finance as a medium to support scaling up financing for assets such as mini grids that have the […] Read more
Germany’s RWE To Build 1GW Solar Farm in Greece, Battery Storage Project in Netherlands Updated On Fri, Feb 9th, 2024 by Saurenergy Germany based renewable energy company RWE and Greek public firm PPC have announced their final investment decision for the construction of an additional photovoltaic project in the country. The plant will be built through their joint venture company Meton Energy. This solar farm is the last project of the 940 MWp (870 MWac) Amynteo portfolio, […] Read more
Trina Storage To Deliver 190MWh Storage To UK Solar Sites Updated On Thu, Feb 8th, 2024 by Saurenergy Trina Storage, a business unit of Trina Solar, has secured a deal to provide battery energy storage systems (BESS) for four UK solar power project sites operated by global Independent Power Producer Low Carbon. Trina Solar said that the systems will deliver approximately 190 MWh of total storage capacity. This would bring new arbitrage and […] Read more
