ReNew Power Gets Green Project Finance of Rs 800 Cr from Bank of America Updated On Wed, Nov 9th, 2022 by Saurenergy ReNew Power has received a loan/ green project finance from Bank of America totaling roughly Rs 800 crore, the lender’s first local project financing agreement in the renewable energy industry after a protracted absence. The company will benefit from cheaper funding costs thanks to the five-year green loan facility in rupees, as the money will […] Read more
Siemens Energy Announces €4 Billion Tender Offer For Siemens Gamesa Updated On Wed, Nov 9th, 2022 by Saurenergy Spanish stock market regulator CNMV (Comisión Nacional del Mercado de Valores) has announced that it has authorised the EUR 4.05 billion ($4 billion) bid of Siemens Energy for the purchase of the shares in Siemens Gamesa which is a registered entity in Spain. A third of the shares in Siemens Gamesa is not owned by […] Read more
IRENA Report: Indonesia Energy Transition Outlook Updated On Wed, Nov 9th, 2022 by Saurenergy A study titled “Indonesia Energy Transition Outlook” has been released by the IRENA (The International Renewable Energy Agency). This report offers an extensive, long-term energy roadmap that emphasises renewable energy sources for Indonesia’s transition to a cleaner, more sustainable energy system. The energy transition depends on Indonesia. As one of the Association of Southeast Asian […] Read more
IRENA Report: Renewable Energy Targets in 2022 Updated On Wed, Nov 9th, 2022 by Saurenergy A study titled “Renewable Energy Targets in 2022” has been released by the IRENA (The International Renewable Energy Agency). The renewable energy objectives in NDCs are the main focus of this report’s assessment of the most recent adjustments to climate pledges made before COP27. Recent geopolitical and climate-related developments confirm the urgent need for action […] Read more
Jindal Power Invites Bids for 150 MW Mono PERC Modules for Solar Projects Updated On Wed, Nov 9th, 2022 by Saurenergy Jindal Power has invited bids for 150 MW of MONO PERC solar modules for installing solar projects in various locations across infrastructure owned by Jindal Power in Odisha and Chhattisgarh. The last date for submitting the online bid is November 15, 2022, and bids will be opened on the same day. This Jindal Power 150 […] 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
Masdar, Infinity Joint Venture Powers COP 27 with Green Energy Updated On Tue, Nov 8th, 2022 by Saurenergy There couldn’t have been a better occasion and a symbol for Masdar than to offer green energy coming from renewable sources for COP-27 under UNFCCC. A joint venture between UAE’s flagship RE company and Egypt’s Infinity called – Infinity Power Holding – announced that the solar PV plant it has developed in Sharm El-Sheikh is […] 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