MSEDCL Gives LoA to TPREL for Setting up 150 MW Solar Plant in Maharashtra Updated On Thu, Nov 10th, 2022 by Saurenergy The Maharashtra State Electricity Distribution Corporation Limited (MSEDCL) has awarded the “Letter of Award” (LoA to TPREL) to Tata Power subsidiary Tata Power Renewable Energy for the construction of a 150 MW solar project in Solapur. According to a statement released by Tata Power, the project will be put into service within 18 months of […] Read more
FTC Solar’s Clamping Solution for First Solar Modules Enables Rapid Installation Updated On Thu, Nov 10th, 2022 by Saurenergy Austin-headquartered FTC Solar, Inc., a leading provider of solar tracker systems, software, and engineering services, has said that it has developed a novel clamping solution that enables rapid installation of First Solar Series 6 and Series 6 Plus modules. In an official statement, FTC Solar has announced that to support First Solar’s unique thin-film module […] Read more
Mosaic Surpasses $10 Billion in Loans Funded for Residential Solar, Sustainable Homes in US Updated On Thu, Nov 10th, 2022 by Saurenergy American fintech giant Mosaic has announced that it has surpassed $10 billion in loans funded through its platform. Mosaic is a leading financing platform for U.S. residential solar and energy-efficient home improvements. This double-digit milestone comes just seven weeks after announcing $9 billion in loans funded, showing accelerated growth for the clean energy fintech company. […] Read more
France’s Sonnedix Makes Inroads into Portugal with Acquisition of 262MWp Solar Portfolio Updated On Wed, Nov 9th, 2022 by Saurenergy Sonnedix, an international Renewable Energy Producer (REP), has officially expanded into Portugal with the acquisition of a 262 MWp solar PV portfolio. The portfolio consists of seven ground-mounted projects under construction or late-stage development with a cumulative capacity of 262MWp throughout the country. During its first year of operation, these projects are expected to produce […] Read more
ReNew Power Gets Green Project Finance of Rs 800 Cr from Bank of America Updated On Wed, Nov 9th, 2022 by Saurenergy ReNew Power has received a loan/ green project finance from Bank of America totaling roughly Rs 800 crore, the lender’s first local project financing agreement in the renewable energy industry after a protracted absence. The company will benefit from cheaper funding costs thanks to the five-year green loan facility in rupees, as the money will […] Read more
RRECL Floats 50 MW of Solar Tender in Rajasthan Under Resco Model Updated On Wed, Nov 9th, 2022 by Saurenergy Rajasthan Renewable Energy Corporation Limited (RRECL) has invited bids for 50 MW of solar tender with grid-connected rooftop SPV power plants of different capacities for government undertaking buildings anywhere in Rajasthan under the RESCO model. The last date for submitting the online bid is November 28, 2022, till 04:00 pm. Bids will be opened on […] Read more
The Solar Goldmine – Entrepreneurship In India’s Solar sector Updated On Wed, Nov 9th, 2022 by Saurenergy Ishan Chaturvedi, Co-Founder & Director at Vareyn Solar writes on what aspiring entrepreneurs should expect from India’s solar sector The surge in preference for renewable energy worldwide has brought solar power to the centre stage. In cognizance of the Indian government’s initiatives, schemes, and increased demand for renewable energy many entrepreneurs are taking the plunge […] Read more
Huawei To Solarize Bangladesh’s Apparel Sector Updated On Tue, Nov 8th, 2022 by Saurenergy The textile sector is one of the most polluting sectors with an especially high impact on a country like Bangladesh, which is a global apparel hub. In a key development, Bangladesh’s top garment makers’ body Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has now partnered with Chinese ICT conglomerate and infrastructure maker Huawei in order […] Read more
Oorjan Cleantech Hits Milestone of Enabling 150 MW of Solar, $100 Mn Deployment Updated On Mon, Nov 7th, 2022 by Saurenergy The Mumbai-based green energy startup Oorjan Cleantech has achieved a significant milestone by deploying $100 million (USD) in green capital and enabling the installation of 150 megawatts of solar power in just four years. India has been working to adopt renewable energy quickly as part of its strategy to combat climate change (RE). India aims […] Read more