SIDBI Secured $24.5 Mn from Green Climate Fund For Maiden Climate Project Updated On Wed, Mar 13th, 2024 by Saurenergy Small Industries Development Bank of India (SIDBI) has secured $24.5 Mn from Green Climate Fund (GCF) for its maiden anchored sustainability and climate focussed fund Avaana Sustainability Fund (ASF). The development came during the 38th meeting of the GCF Board in Kigali, Rwanda on March 6, reported the news agency PTI. The Green Climate Fund […] Read more
West Bengal Can Save Rs 62,000cr By Roping In Renewables: Report Updated On Tue, Mar 12th, 2024 by Saurenergy A report by think tank Climate Risk Horizons (CRH) suggests that West Bengal can save thousands of crores in the coming decade by moving away from coal and towards clean energy. The savings accrue through a combination of measures such as the retirement of older, more expensive coal power plants; diverting investment planned for new […] Read more
JSW, NTPC Among Four Firms Winning 1.5 GW SECI Tender Updated On Mon, Mar 11th, 2024 by Saurenergy Solar Energy Corporation of India (SECI) has awarded the 1,500 MW Inter-State Transmission System (ISTS)-connected solar power projects to JSW Neo Energy, Sunsure Solarpark Fourteen, Tejorupa Renewables India Project, and NTPC Renewable Energy after they won the bid regarding the same. The tender for the project was released by SECI in December 2023. According to […] Read more
Adani Green Operationalizes First 1 GW Of 30,000 MW Khavda RE Park Updated On Mon, Mar 11th, 2024 by Saurenergy Adani Green Energy Limited (AGEL), the green developer arm of the Adani group, has operationalized cumulative capacity of 1 MW solar energy at the world’s largest RE park at Khavda, Gujarat. With this, AGEL has achieved operational capacity of 9,478 MW and continues its journey to the stated goal of 45,000 MW by 2030. AGEL […] Read more
BrightNight, ACEN Announce US $1.2B Capital Partnership In Philippines Updated On Mon, Mar 11th, 2024 by Saurenergy BrightNight, a global renewable power producer and a clean and dispatchable solutions provider, announced its partnership with ACEN Corporation (ACEN), the leading Phillippines based industrial and energy group. This partnership was undertaken to advance the development, construction, and operation of Bright Night’s initial 1.0 GW renewable power portfolio in the Philippines. Through this newly formed […] Read more
SECI Invites Tender For 300 MW Project At Ramagiri In Andhra Pradesh Updated On Thu, Mar 7th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has invited a tender for its proposed 300 MW (AC) ground-mounted solar PV Project at Ramagiri in Andhra Pradesh. The tender was allotted for the design, engineering, and supply of a grid-connected ground-mounted solar PV power plant (except PV modules), unloading of PV Modules at the site supplied […] Read more
Green Energy Projects In Rs 4,066 Crore Investment Approved By Odisha Govt Updated On Wed, Mar 6th, 2024 by Saurenergy Odisha government’s State-Level Single Window Clearance Authority has sanctioned 22 projects valued at Rs 4,066.71 Crore. These projects were approved in the 129th meeting of the State Level Single Window Clearance Authority meeting chaired by Odisha Chief Secretary Pradeep Jena. The new projects span various sectors, including Green Energy Equipment, Chemical, Textiles and Apparel, Steel, […] Read more
Matrix Gas & Renewables Raises Rs 350 Crore In Pre-IPO Round Updated On Tue, Mar 5th, 2024 by Saurenergy Gensol Group Company, Matrix Gas & Renewables Limited, has raised Rs 350 crore in the pre-IPO round. With the current capital raise, Matrix is now well positioned to accelerate its growth initiatives towards expanding market share for the gas aggregation business, acquiring City Gas Distribution (CGD) assets, and funding the ongoing capital expenditure plan. This […] Read more
The Return of Reverse Auctions For Wind Energy- Bad News Or Normalcy ? Updated On Tue, Mar 5th, 2024 by Saurenergy Following reports that the government has instructed leading PSU energy developers to return to the reverse auction mechanism for wind energy tenders, SaurEnergy tried to check the veracity of the claim. Without coming on record, it appears that a communication has been sent to that effect, to NTPC, SJVN, NHPC and of course SECI, which […] Read more
