Germany’s Kfw, India’s SBI Ink EUR 150 million Pact for Solar Projects Updated On Fri, Nov 11th, 2022 by Saurenergy A financing arrangement for 150 million EUROS (EUR) has been reached by Kreditanstalt für Wiederaufbau (KfW) and the State Bank of India (SBI) to fund solar projects in India. Germany-based KfW finances investments and reform initiatives in a wide variety of sectors, including water supply, energy, and financial systems development. For the German Federal Ministry […] Read more
SJVN Secures 83 MW Floating Solar Project in Madhya Pradesh Updated On Fri, Nov 11th, 2022 by Saurenergy State-run SJVN Ltd announced that it has been awarded a contract worth Rs 585 crore to construct, own, and manage an 83 MW floating solar plant in Madhya Pradesh. According to a release by REWA Ultra Mega Solar Ltd. (RUMSL), the project has been secured at a tariff of Rs 3.70 per unit on a […] Read more
Indian Oil Floats 2 MW of On-Grid Solar Power Tender at Delhi Updated On Fri, Nov 11th, 2022 by Saurenergy Indian Oil has invited bids for a 2 MW of on-grid captive solar power project at Indian Oil’s Bottling Plant, Tikri Kalan, Delhi. The last date for submitting the online bid is December 05, 2022, till 03:00 pm. Bids will be opened on December 06, 2022, at 03:00 pm. This Indian Oil 2 MW solar […] Read more
Adani Green Q2 Results- Profits Grow 49% As Strong Solar Growth Continues Updated On Fri, Nov 11th, 2022 by Saurenergy Adani Green Energy Limited, the renewable development arm of the Adani group that has set a 45 GW capacity target for 2030, has announced its Q2 FY23 results. Operational capacity has grown to 6724 MW during the quarter. Revenues from power supply jumped 33% over the corresponding quarter in Fy22, going to Rs 1107 crores […] Read more
ACEN Completes World’s First ETM Transaction, Retiring Out Coal Plant Updated On Wed, Nov 9th, 2022 by Saurenergy ACEN, the energy platform of the Ayala Group, has disclosed the full divestment of the South Luzon Thermal Energy Corporation (SLTEC) coal plant using the energy transition mechanism (ETM), the first ETM deal in the world. The official statement by ACEN informs that the landmark transaction will enable the early retirement of the 246-MW coal […] Read more
RRECL Floats 50 MW of Solar Tender in Rajasthan Under Resco Model Updated On Wed, Nov 9th, 2022 by Saurenergy Rajasthan Renewable Energy Corporation Limited (RRECL) has invited bids for 50 MW of solar tender with grid-connected rooftop SPV power plants of different capacities for government undertaking buildings anywhere in Rajasthan under the RESCO model. The last date for submitting the online bid is November 28, 2022, till 04:00 pm. Bids will be opened on […] Read more
The Solar Goldmine – Entrepreneurship In India’s Solar sector Updated On Wed, Nov 9th, 2022 by Saurenergy Ishan Chaturvedi, Co-Founder & Director at Vareyn Solar writes on what aspiring entrepreneurs should expect from India’s solar sector The surge in preference for renewable energy worldwide has brought solar power to the centre stage. In cognizance of the Indian government’s initiatives, schemes, and increased demand for renewable energy many entrepreneurs are taking the plunge […] Read more
Huawei To Solarize Bangladesh’s Apparel Sector Updated On Tue, Nov 8th, 2022 by Saurenergy The textile sector is one of the most polluting sectors with an especially high impact on a country like Bangladesh, which is a global apparel hub. In a key development, Bangladesh’s top garment makers’ body Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has now partnered with Chinese ICT conglomerate and infrastructure maker Huawei in order […] Read more
Panvel Municipal Corporation Floats Tender for Rooftop Solar at 5 Panvel Sites Updated On Mon, Nov 7th, 2022 by Saurenergy At a time when rooftop solar is gaining traction in Maharashtra, the Panvel Municipal Corporation (PMC) has come up with a tender seeking a contractor to install a rooftop solar power project at PMC’s five key properties in the city. The corporation has selected Adyakrantiveer Vasudev Basudev Phadke Natyagruha, Fire Office Building, Dr Ambedkar Bhavan, […] Read more
