SAEL Secures $1 Billion For Solar, Other Renewables Updated On Wed, Jan 24th, 2024 by Saurenergy SAEL Industries, an Indian renewable energy firm, has successfully secured $1 billion in funding from various financial institutions, including Norfund, DFC, Asian Development Bank (ADB), and Tata Cleantech. The funds will be utilized to support SAEL’s renewable energy portfolio, with a focus on expanding its solar and biomass projects. The company, which specializes in solar […] Read more
SJVN Looks To Invest Rs 1300 Cr On Floating Solar In Goa Updated On Tue, Jan 23rd, 2024 by Saurenergy Government owned SJVN Green Energy Ltd (SGEL) has submitted a proposal to the state government of Goa under which it seeks to invest more than Rs 1,300 crore for the establishment of four floating solar projects in the western coastal state. The proposal holds that the total power generation capacity of the four floating solar […] Read more
NTPC Issues Tender For 1200 MW Solar Project At Khavda, Gujarat Updated On Fri, Jan 19th, 2024 by Saurenergy The National Thermal Power Corporation (NTPC) today issued a tender, seeking bids for the supply of 1200 MW of solar power for the Khadva Solar Project in Kutch in Gujarat. The tender said, “Project has the DC Capacity (MWDC) – 1515 MWp (378.75 MWp * 4 Blocks). It contains Bi-facial module with minimum Wattage of […] Read more
AIIB Invests In Eight Solar Projects Of 1.54 GW With Mahindra Susten Updated On Fri, Jan 19th, 2024 by Saurenergy The Asian Infrastructure Investment Bank (AIIB) a multilateral development bank has invested Rs 4.86 billion (around USD $58.4 million equivalent) in renewable energy Infrastructure Investment Trust (InvIT). InvIT (Sustainable Energy Infra Trust or SEIT), has eight operating solar power generation assets of 1.54 gigawatt (GW)-peak total capacity located in India. SEIT is co-sponsored by Mahindra […] Read more
IREDA Signs MoU with IOB For Co-lending For Renewable Energy Projects Updated On Thu, Jan 18th, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA), a non-banking financial institution under the Ministry of New and Renewable Energy (MNRE), has signed a Memorandum of Understanding (MoU) with Indian Overseas Bank (IOB) pertaining to co-lending and loan syndication for a diverse spectrum of renewable energy projects across the country. The MoU includes provisions for co-lending […] Read more
Mukesh Kumar Appointed As Vice President (Finance & Investments) at Cleantech Solar Updated On Thu, Jan 18th, 2024 by Saurenergy Mukesh Kumar has been appointed as the Vice President of Finance and Investments at Cleantech Solar, a firm dealing with renewable energy solutions to corporations in India and Southeast Asia, the firm announced in its latest press statement. Mukesh has spent the last 14 years dedicated to the renewable energy segment and has experience of […] Read more
CERC Awards Compensation To Indigrid Solar Over Change In GST Rates Updated On Fri, Jan 12th, 2024 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) granted compensation to Indigrid Solar-I (AP) Pvt Ltd. over escalated GST rates. The firm approached the Central Commission seeking compensation, citing increased project costs due to introducing GST on solar products. The solar power generator, in its petition, told the CERC that after the firm submitted […] Read more
Jamshedpur To Be Illuminated By Solar Streetlights & High Masts Updated On Fri, Jan 12th, 2024 by Saurenergy Jamshedpur in Jharkhand will soon be bathed under the solar lights as new plans are being charted for the industrial city and the area. Jamshedpur district has 27 Zila Parishad Constituencies or district council constituencies. Now Zila Parishad chairman Bari Murmu has said that each of the constituencies in Jamshedpur will receive 100 solar street […] Read more
Sr. Engineer/Asst. Manager – Design – Solar Updated On Thu, Jan 11th, 2024 by Saurenergy To prepare the electrical design, SLD and layout for Rooftop & Ground mounted PV Projects To be responsible for selection of components, makes and specs of the various components used for Ground mounted PV Projects To clarify all concerns of the installation teams and amend drawings to as built conditions To work with procurement team […] Read more