France’s Sonnedix Makes Inroads into Portugal with Acquisition of 262MWp Solar Portfolio Updated On Wed, Nov 9th, 2022 by Saurenergy Sonnedix, an international Renewable Energy Producer (REP), has officially expanded into Portugal with the acquisition of a 262 MWp solar PV portfolio. The portfolio consists of seven ground-mounted projects under construction or late-stage development with a cumulative capacity of 262MWp throughout the country. During its first year of operation, these projects are expected to produce […] Read more
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
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
Oorjan Cleantech Hits Milestone of Enabling 150 MW of Solar, $100 Mn Deployment Updated On Mon, Nov 7th, 2022 by Saurenergy The Mumbai-based green energy startup Oorjan Cleantech has achieved a significant milestone by deploying $100 million (USD) in green capital and enabling the installation of 150 megawatts of solar power in just four years. India has been working to adopt renewable energy quickly as part of its strategy to combat climate change (RE). India aims […] 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
JREDA Floats Two Solar Tenders for Cumulative Capacity of 5 MW Updated On Mon, Nov 7th, 2022 by Saurenergy Jharkhand Renewable Energy Development Agency (JREDA) has invited bids for two solar tenders with a cumulative capacity of 5 MW including 2 MW for the grid-connected canal-top solar PV power plant at Sikidiri Canal, and 3 MW for grid-connected rooftop SPV power plants of different capacities on a turnkey basis for government residential buildings anywhere […] Read more
GSECL Floats Tender for 60 MW Wind Power Project in Gujarat Updated On Mon, Nov 7th, 2022 by Saurenergy Gujarat State Electricity Corporation Limited (GSECL) has floated tender to install power plants in different locations in Gujarat with a cumulative capacity of 60 MW wind power plant. For all three tenders, the last date for submitting the online bid is November 18, 2022, & the bid will be opened on the same day. This 60 […] Read more
Sterlite Power Mulls Over Investment of Rs 50,000 Crore in RE in Karnataka Updated On Fri, Nov 4th, 2022 by Saurenergy Pratik Agarwal, Managing Director, Sterlite Power, has revealed that his company will invest Rs 50,000 crore in renewable energy in the state of Karnataka. Speaking at the Global Investors’ Meet, Pratik Agarwal held, “Over the next five years, we plan to increase the renewable capacity by 10-fold and invest close to Rs 50,000 crore into […] Read more
