IFC Partners With ACWA Power to Support Uzbekistan’s Energy Transition Updated On Wed, Oct 30th, 2024 by Saurenergy IFC announced today a $240 million Islamic Equity Bridge Loan (EBL) financing for ACWA Power to support the development of Uzbekistan’s renewable energy sector on the sidelines of the 8th Future Investment Institute conference at Riyadh in Saudi Arabia. IFC’s financing will support the construction and operation of two projects, with a cumulative capacity of […] Read more
Rajasthan’s New ‘RIPS’ Scheme Aims To Expedite RE Investments Updated On Wed, Oct 23rd, 2024 by Saurenergy In a pursuit to expand its renewable energy capacity, the Rajasthan government, released its Rajasthan Investment Promotion Scheme (RIPS). It intends to capitalize on an average of 300 to 325 sunny days each year with 24.22 GW solar energy and 5.19 GW wind energy. This scheme envisions to build on the state’s strengths in renewable […] Read more
Achieving Universal Energy Access by 2030: Can It Be Done? Updated On Mon, Oct 21st, 2024 by Saurenergy Universal energy access is not just a development goal. It’s a fundamental requirement for socio-economic growth and improved quality of life. Despite global efforts, millions of people, particularly in sub-Saharan Africa and South Asia, still lack access to electricity and clean cooking solutions. The World Energy Outlook 2024 examines these challenges and explores pathways to […] Read more
Azure Completes Rs 2400 cr Refinancing Updated On Thu, Oct 17th, 2024 by Saurenergy Azure Power Global Limited, has announced the successful completion of its ₹24 billion refinancing transaction, structured as an INR Term Loan underwritten solely by REC Limited. Following this transaction, the company has successfully prepaid its Green Bonds, originally issued in 2019 for $350 million and backed by 10 solar projects commissioned between 2016 and 2019. […] Read more
Ranthambore’s Agrivoltaics Plant Generated 6L Units In 1 Yr Updated On Wed, Oct 16th, 2024 by Saurenergy Nahargarh Ranthambore, a palace-turned-hotel near Ranthambore which roped in agrivoltaics solar plant to offset its energy needs produced 6 lakh units of clean power in the last one year, the management of the hotel said. Situated amidst the lush forest of Ranthambore Tiger Reserve, the hotel earlier sought to reduce the carbon footprint to zero […] Read more
Govt Should Relax DCR Mandate Temporarily For PM Surya Ghar: IEEFA Updated On Wed, Oct 16th, 2024 by Saurenergy A latest report from the International Energy Economics and Financial Analysis (IEEFA) and JMK Research advocated for temporarily relaxing the mandate of Domestic Content Requirement (DCR) under PM Surya Ghar scheme. The suggestion was one of the key recommendations of the joint report which analysed the performance and challenges under PM Surya Ghar scheme. The […] Read more
Business Development Manager Updated On Tue, Oct 15th, 2024 by Saurenergy Backed by a leading India renewable developer and EPC player Develops and deploys scaled-up commercially attractive Green Hydrogen and Green Ammonia production plants Founded by industry professionals bringing in combined 50+ years of international experience in Renewables, Industrial Front End Engineering and Design (FEED), Industrial gas operations and safety and Project finance/Private Equity. Responsibilities:- Accountable […] Read more
After China & Europe, India Set To Embark On Offshore Wind Journey Updated On Tue, Oct 15th, 2024 by Saurenergy After a thrust to offshore wind energy projects in China and Europe, swings of changes in this sector are now expected in India too. Last year, globally 10.8 GW of new offshore wind energy capacities were added, as per a report from the Global Wind Energy Council (GWEC). The lion’s share was taken by China […] Read more
News Briefs Oct 13- Runergy’s US Capacity, MCPV Funding, Canada Funding Updated On Mon, Oct 14th, 2024 by Saurenergy Runergy’s 2 GW Module Plant In US Operational Runergy, a Chinese Cell maker with a global production footprint including silicon, wafer, solar cell and module factories in China, Thailand, Vietnam and now the US has started fulfilling its first module order from its plant in the US, With cumulative solar cell shipments exceeding 65GW by […] Read more
