IRFC Lends ₹7,500 Cr Term Loan To NTPC REL For RE Projects Updated On Mon, Feb 24th, 2025 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NTPC GEL), has accepted the Indian Railway Finance Corporation (IRFC) bid of ₹7,500 crores to finance a Rupee Term Loan (RTL). The bid was made in response to the Request for Proposal (RFP) dated January 17, 2025 by NTPC Green […] Read more
Budget: Rajasthan Promises 150 Units Of Free Power For Solar Users Updated On Wed, Feb 19th, 2025 by Saurenergy Rajasthan government has now promised to provide solar prosumers with free electricity. Today, the state government presented its budget for the next financial year in the state assembly. Deputy Chief Minister Diya Kumari in her budget speech announced the extension of the free power for solar consumers. “By leveraging the PM Surya Ghar Scheme, the […] Read more
Credit Fair Secures $5 Mn From Symbiotics Investments For Solar Financing Updated On Tue, Feb 18th, 2025 by Saurenergy Credit Fair, a non-banking financial company (NBFC) with its presence in the solar and MSME segments, has raised $5 million in debt from the $75-million Green Basket Bond issued by Symbiotics Investments. The bond, which is the second of its kind, was issued by Symbiotics Investments and subscribed to by British International Investment (BII), the […] Read more
Solar Finance Specialist Updated On Tue, Feb 11th, 2025 by Saurenergy Reporting to the Chief of Resource Mobilisation or a designated officer, you will provide essential support across our business clusters. Your primary responsibility will be to review, develop, and deploy financing strategies for renewable energy, aligning with the ISA’s mission to lead the energy transition through its member states. In this role, you will lead […] Read more
Module Supply: SECI Awards 400 MWp Module Order to Alpex, Tata Power Solar Updated On Sat, Feb 1st, 2025 by Saurenergy The Solar Energy Corporation of India (SECI) recently announced Alpex Solar and Tata Power Renewable Energy Subsidiary, Tata Power Solar (TP Solar) winners of its 400 Mwp modules tender. The tender intends to supply these solar modules at a Ramagiri project located in Andhra Pradesh. The tender for this project was released in November 2024 […] Read more
Q4 2024 Prices: EU-North America See Fall In Solar, Wind Sees Marginal Uptick Updated On Fri, Jan 31st, 2025 by Saurenergy The latest report by LevelTen Energy showcases the energy Power Purchase Agreement (PPA) trend for Q4, 2024 in the global west, i.e., the European and the North American market. The report found that the European solar PPA prices have been steadily declining over the last two years, as the energy sector continues to return to […] Read more
Senior Analyst, Project FP&A Updated On Wed, Jan 29th, 2025 by Saurenergy We are looking for someone who demonstrates:- Passionate drive to innovate and create Integrity to the core Enthusiastic customer focus Consistent interactive teamwork Desire for continuous improvement and top performance. Here is a glimpse of what you will do:- Prepare & review weekly project margin forecast with project services leaders and regional general manager Track […] Read more
As India Goes Past 100 GW Solar Milestone, No Time To Rest Updated On Wed, Jan 29th, 2025 by Saurenergy If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […] Read more
CleanMax Announces Financing For Onsite Solar Projects in UAE Updated On Wed, Jan 22nd, 2025 by Saurenergy Renewable energy company CleanMax today announced that it will obtain AED 99 Million (USD 27 Million) long-term credit facility from HSBC to develop and finance its onsite solar portfolio in the UAE. Cleanmax is a renewable energy provider for the Commercial and Industrial (C&I) sector and a Brookfield-backed company. The facility will cover 92 onsite […] Read more