Mufin Has Disbursed Highest Loans in Uttar Pradesh: Pankaj Gupta, Mufin Green Finance Updated On Mon, May 15th, 2023 by Saurenergy Mufin Green Finance, which claims to be India’s first listed NBFC dedicated to green financing, began its journey in 2016 with E-rickshaws way back. The firm claims a market share of 5% in e-rickshaw financing and says it has been able to keep the NPAs as low as 1.92%. With a portfolio dominated by borrowers […] Read more
NITI Aayog To Fix Electrification Targets For App-Based Vehicles Updated On Fri, May 12th, 2023 by Saurenergy Indian government’s think-tank NITI Aayog might soon introduce yearly electrification targets for mobile application-based vehicle service providers like Ola, Uber, and others, reports suggest. The move is aimed at speeding up the electrification of new fleets of vehicles by these players. According to the report, which is yet to be published, the Aayog has decided […] Read more
Our goal is to raise production capacity to 3 GW yearly: Anurag Garg, Jakson Group Updated On Wed, May 10th, 2023 by Saurenergy Please tell us about the manufacturing capacity and expansion plans of Jakson. Presently, we have 580 MW module manufacturing capacity at our Greater Noida Plant in India. We were among the first Indian manufacturers to start with fully automatic (including auto bussing) module manufacturing facility and waterless technology NDC laser cutting machine in 2021-22. The […] Read more
Highest Cost of Financing for RE in Mexico, Egypt & Tunisia, Lowest in Germany: IRENA Updated On Mon, May 8th, 2023 by Saurenergy IRENA (International Renewable Energy Agency) has released a report entitled ‘The Cost of Financing for Renewable Power’. The Cost of Capital (CoC) is a major determinant of the total price to purchasers of electricity from renewable power generation technologies. As per the report, incorrect assumptions for CoC are not accurate, the cost of electricity might […] Read more
ISTS is poised to be gamechanger for renewable energy adoption by India’s corporate sector: Sashi Kant Mishra, Fourth Partner Energy Updated On Fri, May 5th, 2023 by Saurenergy Tell us about your current ISTS-connected projects. Our portfolio entails Rajasthan with 330 megawatt of AC solar capacity, where we are in the phase two of connectivity. In Karnataka, we have another 300 megawatt of power capacity being set up. The said projects are in phase II of connectivity, with the Rajasthan project at an […] Read more
Rockefeller Foundation, Ikea and Bezos Fund Backed GEAPP Launches India Plans Updated On Fri, May 5th, 2023 by Saurenergy In a significant fillip to the energy transition movement, GEAPP or the Global Energy Alliance for People and Planet has finally launched its India operations. Backed by heavyweights including the Rockefeller Foundation, Ikea Foundation and Amazon Founder Jeff Bezos’s Bezos Fund, the platform brings in a welcome dose of capital and global linkages to impact […] Read more
CERC Declines To Give Relief To ReNew Wind Energy In Gujarat ISTS Project Case Updated On Thu, May 4th, 2023 by Saurenergy In its latest order, the Central Electricity Regulatory Commission (CERC) declined to give any relief to the ReNew Wind Energy (TN) Private Limited in a case related to its proposed 265 MW of wind project in the Bhuj district of Gujarat. The wind energy developer had signed a Power Purchase Agreement (PPA) with the Solar Energy […] Read more
Renewable Energy: Looking Beyond Gujarat In 2023 Updated On Wed, May 3rd, 2023 by Saurenergy The Indian story of renewable energy is actually a story of paradoxes. Thus, even as the country has made remarkable progress in adding renewable capacity, it still fell comfortably short of the 175 GW target for 2022 Nationally, the country today has achieved 168 GW of renewable energy including large hydro power but the travesty […] Read more
Subsidy-Free Offshore European Wind Bids On The Rise: GlobalData Report Updated On Tue, May 2nd, 2023 by Saurenergy The latest report by GlobalData, a data and analytics company, claimed that European countries are witnessing increased subsidy-free wind energy bids due to intense competition. However, the report said several factors have also led to the undersubscription of renewable energy auctions. GlobalData’s latest report titled ‘Europe Renewable Energy Policy Handbook 2023’ pointed out that the […] Read more
