Top 5: Largest Solar Projects in the Middle East Region Updated On Wed, Nov 27th, 2024 by Saurenergy The Middle East region is making strides in renewable energy growth as global development increasingly moves away from conventional sources of energy. Renewable energy sources, such as solar, wind, and green hydrogen, have become the new engines powering growth and development. Some of the major oil-producing countries, like the UAE and Saudi Arabia, are now […] Read more
Waaree Energies Bags 600 MW Solar Module Order Updated On Tue, Nov 26th, 2024 by Saurenergy Waaree Energies, the module manufacturing arm of the Waaree Group today announced bagging a 600 MW solar module order. The company in its filing before the exchanges informed its investors about the new order. The delivery of these modules is scheduled to begin in FY 2025-26, the firm said. This contract involves the supply of […] Read more
Operation Head- Solar Updated On Tue, Nov 26th, 2024 by Saurenergy Operational Excellence:- Achieve target performance metrics (PR, CUF, PA, GA) monthly, ensuring operational efficiency across all solar sites. Ensure timely closure of audits and maintain zero repetitive audit observations within the portfolio. Manage inventory effectively to avoid stock issues, ensuring materials are categorized using VED, FSN, and ABC methods. Implement technology initiatives such as BAX […] Read more
Tata Power, ADB Seal $4.25Bn Deal To Finance 966 MW RE Projects In India Updated On Fri, Nov 22nd, 2024 by Saurenergy Tata Power, an integrated power company, and the Asian Development Bank (ADB) recently signed a Memorandum of Understanding (MoU) coinciding with the ongoing Climate Conference (COP29) at Baku, Azerbaijan. This deal evaluates financing for its several projects and to enhance India’s power infrastructure, and promote renewable and clean energy. The MoU outlines the evaluation of […] Read more
Coal India Issues Tender For 300 MW Khavda PV Solar Project Updated On Thu, Oct 24th, 2024 by Saurenergy Coal India Limited has issued a fresh tender for a 300 MW solar project at Khavda. The government entity is now seeking EPC companies for executing the project in the region, touted to be India’s biggest renewable park. These are ground-mounted grid-connected solar projects. This comes at a time when Coal India has planned to […] Read more
AMPIN Achieves Financial Closure For 200MWp Hybrid Project Updated On Thu, Oct 17th, 2024 by Saurenergy Renewable energy company AMPIN Energy Transition has announced financial closure for its 200MWp Solar-Wind Hybrid project situated in the state of Rajasthan. The green loan financing for the project has been secured from Standard Chartered. The total investment for this project is valued at Rs 944 crores (~USD113 Million). Upon completion, the solar-wind hybrid plant is expected […] Read more
Capri Global, Credit Fair Partner To Offer Solar Finance For MSMEs Updated On Wed, Oct 16th, 2024 by Saurenergy Mumbai-based non-banking financial company (NBFC) Capri Global Capital Ltd (Capri Loans) launched its rooftop solar finance product under the Micro, Small and Medium Enterprises (MSME) Loans. The creditor will help individuals and businesses harness solar energy for self-use. Capri Solar Finance offers financing solution with no collateral, and minimal documentation, it said. The company claims […] Read more
Avaada Energy Secures Rs 597 Crore Refinancing for PV Projects Updated On Wed, Oct 16th, 2024 by Saurenergy Avaada Energy, a subsidiary of the Avaada Group, has secured Rs 597 crore ($71.1 million) in refinancing for its commercial and industrial (C&I) solar projects. These projects are located in Karnataka and Maharashtra. The refinancing was provided by NIIF Infrastructure Finance Limited (NIIF IFL), an infrastructure debt fund focused on refinancing operational infrastructure projects. Avaada’s […] Read more
TOYO Announces Plans For 2 GW Solar Cell Manufacturing Facility Updated On Tue, Oct 15th, 2024 by Saurenergy NASDAQ-listed solar company TOYO Co. Ltd has announced its plan to establish a solar cell manufacturing facility with an expected annual capacity of 2 Gigawatts (GW). The company has signed a lease agreement for the new facility that is strategically located in Hawassa, Ethiopia, taking advantage of the country’s favorable investment policies, tariff status, and […] Read more