Vattenfall, OX2 To Build 1.6-GW Offshore Wind Power In Sweden Updated On Tue, May 16th, 2023 by Saurenergy Global renewable energy developers Vattenfall and OX2 have received permission from the Swedish government to build 1.6 GW of offshore wind energy in Sweden waters. Vattenfall will be developing 1.2GW and OX2 has 400 MW in its kitty. Vattenfall has disclosed that the Swedish Government allowed it to develop 1.2 GW Kattegat Syd offshore wind […] Read more
UP Floats Tender To Outsource Operations & Maintenance Of Solar Mini-Grids Updated On Tue, May 16th, 2023 by Saurenergy The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has now issued a tender to outsource the operations and maintenance of its solar mini-grids. The government plans to give the contract to the interested parties on a revenue-sharing basis. The tender also said that with this, the state agency intends to revive and restore the old […] Read more
Maharashtra Discom To Get Solar Energy At Rs 3.30/Unit Under Rural Solar Scheme Updated On Mon, May 15th, 2023 by Saurenergy The Maharashtra State Electricity Distribution Company Limited (MSEDCL) is now all set to procure 150 Megawatt (MW) of solar power on a long-term basis under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) at the rate of Rs 3.30 per unit. The Maharashtra Electricity Regulatory Commission (MERC) also approved these rates recently. The scheme allows farmers or […] Read more
Demand For Solar Trackers In Indian RE Market Rising: Chintan Patel, Sunchaser Updated On Wed, May 10th, 2023 by Saurenergy Sunchaser is a Gujarat-based single-axis solar tracker manufacturer. These mounted structures help the solar panels rotate toward the sun’s direction to maximize energy generation. The company has the experience of supplying its product in around 30 countries across the globe. Chintan Patel, Chief Technology Officer (CTO) from Sunchaser, in a short interview with Saur Energy […] Read more
Yes Bank Announces ‘YES KIRAN’ Solar Financing Scheme For MSMEs Updated On Tue, May 9th, 2023 by Saurenergy Private sector bank – Yes Bank, which has come back to life after an RBI led intervention – has come up with a novel lending proposition that will help expand the solar power systems in the country in decentralised manner. Yes Bank has announced the launch of its new lending scheme called ‘YES KIRAN’ under […] Read more
Icon Solar Aims To Touch USD 200 million sales by 2025: Shakti Dubey, Director Updated On Mon, May 8th, 2023 by Saurenergy Shakti Kumar Dubey is the Director of Icon Solar-En Power Technologies Private Limited (En-Icon), an Indian solar module manufacturing company. The company started its operations nine years ago and has expanded its base since then in the country. En-icon has also been important in supplying solar pumps under the PM-KUSUM and other solar pump schemes. In […] Read more
MNRE Allows Time Extension For Solar/Hybrid Projects Only In ‘Genuine Cases’ Updated On Wed, May 3rd, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a fresh order to act against erring renewable energy project developers who willfully delay clean energy projects and ask for relaxations on commissioning dates. In its latest Order, the ministry said it gave the renewable energy implementing agencies like SECI, NTPC, and NHPC the power […] Read more
BayWa r.e. Raises $115 Million Afresh For Solar+Storage Projects Updated On Wed, May 3rd, 2023 by Saurenergy North American solar developer BayWa r.e. has secured a $115-million credit facility with global financial services firm Nomura to support the development of utility-scale solar and solar+storage projects in the United States. BayWa r.e. said that the credit facility will initially support projects totaling 1.1 GW of solar and 188 MWh of battery storage in […] Read more
Credit Fair Partners Tata Power Solar for Solar Rooftop Installation Financing Solutions Updated On Thu, Apr 27th, 2023 by Saurenergy 27th April 2023: Credit Fair, a consumer lending fintech startup, has partnered with Tata Power Solar Systems Limited (TPSSL), a 100 per cent subsidiary of Tata Power Renewable Energy Limited (TPREL) to offer collateral-free affordable financing solutions with low cost for both individuals as well as MSMEs planning to reduce their carbon footprint and electricity […] Read more
