China Adds 277 GW Of New Solar Capacities In CY24 Updated On Wed, Jan 22nd, 2025 by Saurenergy Notwithstanding the global trade challenges of the Chinese solar industry, the country has now created new records in its green energy landscape. As per the latest data furnished by the National Energy Administration (NEA), China’s solar energy capacity has touched 886.67 GW. China’s solar capacity This is far ahead of other nearby countries in Asia […] Read more
Avaada Closes Financing For 9 of Its Diverse RE Projects In Q3FY25 Updated On Wed, Jan 22nd, 2025 by Saurenergy Avaada Group, a company operating in India’s renewable energy landscape, has successfully completed financing/refinancing of nine of its projects across the business divisions totaling for an amount of INR 8500 Crs (~USD 1 Bn). The transactions include a mix of Utility scale IPP projects, large-scale Agri Photovoltaic projects, Merchant power generation projects, C&I projects and […] Read more
Pralhad Joshi Reviews Solar Incentives Disbursed To Discoms Updated On Wed, Jan 22nd, 2025 by Saurenergy Union Minister of New and Renewable Energy Pralhad Joshi during a review meeting reviewed the disbursed amount of incentives released by the discoms for promoting rooftop solar. He highlighted the latest progress made by Rajasthan, Haryana, Punjab, Uttarakhand, and Uttar Pradesh Discom. The meeting reviewed the incentives released to Discoms for the financial years FY […] Read more
India To Add 25 GW Of Solar Capacity By FY25 End: Ind-Ra Updated On Wed, Jan 22nd, 2025 by Saurenergy India Ratings and Research (Ind-Ra), a research organization in its latest report maintains a stable rating outlook for energy infrastructure projects for FY26. Four major factors drive this outlook: India’s economic growth, a sustained energy transition with renewables gaining a higher share in installed capacity and generation, a strong pipeline of capacity additions (both renewable […] Read more
Gujarat Govt. Provides Funding For Solar Plants At 60 Sites, 32 Municipalities Updated On Wed, Jan 22nd, 2025 by Saurenergy The Gujarat Chief Minister’s Office (CMO) backs municipalities to establish solar power plants to produce green-clean energy in the state. CM Bhupendra Patel announced, that he has adopted an eco-friendly approach to further strengthen Gujarat’s leadership in the renewable energy sector. He intends to extend it to local self-government institutions through these projects. Patel has […] Read more
NTPC Floats JV To Boost Solar Projects In Sri Lanka Updated On Tue, Jan 21st, 2025 by Saurenergy Indian power behemoth National Thermal Power Corporation (NTPC) recently formed a joint venture with the Ceylon Electricity Board (CEB) and Trincomalee Power Company Limited (TPCL). It’s a 50:50 joint venture (JV) company NTPC-CEB is registered in Sri Lanka. It aims to develop a 50 MW solar project, expandable to 120 MW, in Sampoor, Trincomalee, Sri […] Read more
NHPC To Develop J&K Rooftop Projects Under RESCO Mode Updated On Tue, Jan 21st, 2025 by Saurenergy National Hydroelectric Power Corporation (NHPC), on behalf of NHPC Renewable Energy Limited (NHPC REL), recently released a tender for a rooftop solar project. These projects are also located for various departments, including Law, Justice and Parliamentary Affairs, Jal Shakti, Irrigation & Flood Control, Forest, Ecology & Environment, and Home, in the union territory (UT), Jammu […] Read more
NHPC REL Issues Bid For Rooftop Solar RESCO Projects In Sikkim Updated On Tue, Jan 21st, 2025 by Saurenergy NHPC recently released a tender for its subsidiary NHPC Renewable Energy Limited (NHPC REL) to build a rooftop solar project in Sikkim. The Roof Top Developer (RTD) would develop the project to create grid-connected solar rooftop plants at various government buildings on RESCO Mode. The bids are accepted until February 24. The NHPC project will […] Read more
Neeraj Parakh Takes Over as CEO, Reliance Power Updated On Tue, Jan 21st, 2025 by Saurenergy Neeraj Parakh has taken over as the CEO of Anil Ambani promoted Reliance Power from January 20. He has been appointed as an Additional Director designated as Executive Director and Chief Executive Officer, subject to the approval of members. Neeraj Parakh joined the Reliance Group 21 years ago, in June 2004, as an Additional Manager […] Read more
