Serentica Secures INR 2600 Cr Funding from PFC for Green Projects Updated On Thu, Sep 14th, 2023 by Saurenergy Vedanta backed Serentica Renewables, a C&I focused renewable energy developer, has announced that it has achieved financial closure for its upcoming hybrid renewable energy projects in Karnataka. The firm has secured the entire debt funding of INR 2600 crores from one of India’s largest power sector lenders, Power Finance Corporation Limited (PFC Ltd.). To ensure […] Read more
Joshit Ranjan Sikidar to Steer Solar Energy Corporation of India Limited as Director (Finance) Updated On Wed, Sep 13th, 2023 by Saurenergy Joshit Ranjan Sikidar has joined Solar Energy Corporation of India Limited (SECI) as Director (Finance) on September 12, 2023. Sikidar is a Chartered Accountant, Company Secretary, Cost Accountant and MBA (Finance), with total post-qualification experience of more than 30 years. Before his appointment as Director (Finance), Sikidar was working as Group General Manager (Finance) and […] Read more
Tata Power Solar Systems Ltd & SIDBI to Offer Financing to MSMEs for Solar Adoption Updated On Wed, Sep 13th, 2023 by Saurenergy Tata Power Solar Systems Ltd & SIDBI have signed a Memorandum of Understanding (MoU) to offer easy financing options for MSMEs. TPSSL is one of India’s largest integrated solar companies and a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL). MSMEs that are willing to opt for rooftop solar PV plant or associated services […] Read more
IREDA & IIFCL Unite for Financing of Renewable Energy Projects Updated On Tue, Sep 5th, 2023 by Saurenergy A Mini Ratna (Category – I) Government of India enterprise under Ministry of New and Renewable Energy, Indian Renewable Energy Development Agency Ltd., (IREDA) has joined hands with India Infrastructure Finance Co. Ltd (IIFCL). The MoU signed between the two entities will pave the for the financing of renewable energy projects. IREDA and IIFCL will […] Read more
CarbonClear and Innovex Partners to Issue Data-Driven Carbon Credits from Off-Grid Solar Updated On Tue, Sep 5th, 2023 by Saurenergy CarbonClear, a data-driven carbon credit standard, has announced a strategic partnership with Innovex, a technology firm based in Uganda that designed and built ‘REMOT’, a leading IoT platform. This partnership aims to revolutionize the way off-grid solar installations contribute to the global climate effort. CarbonClear and Innovex Partners to Issue Data-Driven Carbon Credits from Off-Grid […] Read more
Largest Procurement Effort for US Community Solar as Nexamp Orders 1.5 GW Solar Modules Updated On Fri, Sep 1st, 2023 by Saurenergy In what is touted as the largest procurement initiative for community solar in US, Boston’s community solar developer, Nexamp, has placed an order worth 1.5 GW of solar modules from Heliene, a manufacturer of solar photovoltaic modules in American and Canadian facilities “A solar order of this size is without precedent and comes at a […] Read more
The Unicorn In Solar Market : Zetwerk’s Story Updated On Thu, Aug 31st, 2023 by Saurenergy Ever since the solar sector was brought into focus sharply in 2014, in the form of an ambitious capacity addition plan by the central government, the sector has been abuzz. Yes, there have been the predictable, and some unpredictable roadblocks too, be it the covid pandemic, or the price volatility that followed it. But there […] Read more
Voltalia Achieves Full Commissioning of Solar Cluster of 50.6 MW Capacity Updated On Tue, Aug 29th, 2023 by Saurenergy Renewable energy player, Voltalia, has successfully commissioned Garrido, the Portuguese cluster that entails five solar plants boasting 50.6 MW cumulatively. Construction for these projects began back in September 2021, advancing towards full capacity since March 2023. Power generation first kicked off at Vale Serrão (2.4 MW), Pinhal Novo (11.8 MW), and Alcochete (23.8 MW). The […] Read more
Solar Pumps, Refrigerators To The Rescue In Benin, West Africa Updated On Thu, Aug 17th, 2023 by Saurenergy In the Kalalé District of Benin, West Africa, basic health services are hard to come by. Historically, a lack of electrical infrastructure in this region has meant no power to pump clean water or refrigerate vaccines. That has now changed due to a recently completed project by the Solar Electric Light Fund (SELF), with funding from the Millennium Challenge […] Read more
