Germany’s Kfw, India’s SBI Ink EUR 150 million Pact for Solar Projects Updated On Fri, Nov 11th, 2022 by Saurenergy A financing arrangement for 150 million EUROS (EUR) has been reached by Kreditanstalt für Wiederaufbau (KfW) and the State Bank of India (SBI) to fund solar projects in India. Germany-based KfW finances investments and reform initiatives in a wide variety of sectors, including water supply, energy, and financial systems development. For the German Federal Ministry […] Read more
SJVN Secures 83 MW Floating Solar Project in Madhya Pradesh Updated On Fri, Nov 11th, 2022 by Saurenergy State-run SJVN Ltd announced that it has been awarded a contract worth Rs 585 crore to construct, own, and manage an 83 MW floating solar plant in Madhya Pradesh. According to a release by REWA Ultra Mega Solar Ltd. (RUMSL), the project has been secured at a tariff of Rs 3.70 per unit on a […] Read more
Adani Green Q2 Results- Profits Grow 49% As Strong Solar Growth Continues Updated On Fri, Nov 11th, 2022 by Saurenergy Adani Green Energy Limited, the renewable development arm of the Adani group that has set a 45 GW capacity target for 2030, has announced its Q2 FY23 results. Operational capacity has grown to 6724 MW during the quarter. Revenues from power supply jumped 33% over the corresponding quarter in Fy22, going to Rs 1107 crores […] Read more
Gautam Solar Launches G2X 450 Wp M10 High-Efficiency Modules for Rooftop Projects Updated On Thu, Nov 10th, 2022 by Saurenergy A leading indigenous solar manufacturer, Gautam Solar has increased its G2X series with the introduction of high-efficiency and high-performance 450 Wp solar modules with larger M10 cells to improve the quality of solar products and accelerate the adoption of solar energy in the nation. The 450 Wp – M10 Modules from Gautam Solar are lightweight […] Read more
MSEDCL Gives LoA to TPREL for Setting up 150 MW Solar Plant in Maharashtra Updated On Thu, Nov 10th, 2022 by Saurenergy The Maharashtra State Electricity Distribution Corporation Limited (MSEDCL) has awarded the “Letter of Award” (LoA to TPREL) to Tata Power subsidiary Tata Power Renewable Energy for the construction of a 150 MW solar project in Solapur. According to a statement released by Tata Power, the project will be put into service within 18 months of […] Read more
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
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
