Solar Energy-generated Electricity Costs only 3−6 Cents Per kWh: CDRI Report Updated On Wed, Oct 11th, 2023 by Saurenergy UNDP (United Nations Development Program) has released a report published by Coalition for Disaster Risk Infrastructure (CDRI), on ‘Capturing the Resilience Dividend’. Capital Cost in Solar The report suggests that the cost of capital offers a critical benchmark to assess the risks and return preferences of investors and the pricing of money in different geographies. […] Read more
Solar Refrigeration Enabled By Carbon Credits In Nigeria Updated On Fri, Sep 29th, 2023 by Saurenergy CarbonClear, a pioneering data-driven carbon credit standard, has announced a strategic partnership with Koolboks, a Nigerian company specializing in the design and manufacturing of solar-powered refrigerators. These innovative refrigeration units are engineered to be portable, robust, and energy-efficient, making them an ideal solution for regions with limited or unreliable access to electricity. They are particularly […] Read more
Tata Power Adds 3.12 MW PDS for Captive Solar in Maharashtra Updated On Thu, Sep 14th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a leading renewable energy player and a subsidiary of The Tata Power Company Limited, has signed a Power Delivery Agreement (PDA) with Xpro India Limited, through a special purpose vehicle (SPV), for the development of a 3.125 MW AC group captive solar plant. The SPV shall develop, operate, and […] Read more
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
