Indian Airports Move Towards Renewables, Glare Hazards Pose New Challenge Updated On Fri, Sep 1st, 2023 by Saurenergy By-Ravleen Kaur Earlier in March, the Airports Authority of India (AAI) announced that it will use 100 percent renewable energy at all its airports by 2024. AAI is India’s public sector airport developer and operator. Of the 137 airports it manages, the statutory body has, already commissioned in-house solar plants at 38 airports with a capacity of 40 […] Read more
SOFAR Emphasizes Presence in South America With Its PV, ESS Portfolio Updated On Thu, Aug 31st, 2023 by Saurenergy Energy solutions company SOFAR presented its latest innovations covering residential, C&I and utility applications at the Intersolar South America 2023. This platform is one of the largest and most influential exhibitions for South America’s renewable energy industry. SOFAR introduced the 40-75KTLX-G3-LV series three-phase low-voltage C&I inverter specialized for the Brazilian market, which caters to the needs […] Read more
Virtual Power Plants To The Rescue During Peak Demand In San Diego Updated On Tue, Aug 29th, 2023 by Saurenergy As extreme heat records fall across the West (US) and strain the power grid, San Diego Gas & Electric is piloting a new cleantech innovation known as a virtual power plant (a VPP) to reduce energy demand and put electricity back on the grid during peak hours – all through leveraging the capabilities of customer-owned […] Read more
Principal Consultant – Renewable Updated On Tue, Aug 22nd, 2023 by Saurenergy Technical due diligence, techno-economic viability, feasibility studies, detailed project reports covering review of technology, design, contracts, infrastructure, permits and clearances, land area analysis, risk analysis, financial model. Construction monitoring covering drawdown plan review, project scheduling, tracking on physical progress, tracking on financial progress, quality checks and site safety review Solar and wind resource assessment and energy […] Read more
Panaji’s Green Vision: CM Pramod Sawant Targets 100% Renewable Energy Within a Year Updated On Mon, Aug 14th, 2023 by Saurenergy Chief Minister of Goa Pramod Sawant revealed on Saturday that the Ministry of New and Renewable Energy has set its sights on converting Panaji into a fully renewable energy-powered city within a year. Sawant stated, “The Ministry of New and Renewable Energy has designated Panaji for a complete shift to renewable energy, with the goal […] Read more
Norfund Pumps Repeat Investment into Fourth Partner Energy for ₹350 Cr Updated On Fri, Aug 11th, 2023 by Saurenergy Norwegian Investment Fund for developing countries – Norfund today announced a fresh investment of ₹350 Cr into renewable energy solutions platform, Fourth Partner Energy (4PEL). This is the second round of equity infusion by Norfund into 4PEL, following its $100 Mn investment in June 2021. Speaking about this development, Anders Blom, Vice President at Norfund […] Read more
Tata Power Reports 29% Growth In PAT In Q1 YoY Updated On Wed, Aug 9th, 2023 by Saurenergy Tata Power today announced its financial results for Q1 of FY24. The Indian power company reported a 29 percent growth in its consolidated Profit After Tax (PAT). Its net profit stood at Rs 884 crore during Q1 of FY 23, which notched up to Rs 1,141 crore during the Q1 of FY24, registering a 29 […] Read more
Rockefeller Foundation Refutes Washington Post Story On India’s ‘Dysfunctional’ Mini-Grids Updated On Tue, Aug 8th, 2023 by Saurenergy Last week, July 31st to be exact, a story in the Washington Post on India’s rural solar mini-grids grabbed a lot of attention. Authored by Karishma Mehrotra, the paper’s South Asia correspondent, the story headlined “India joins rush to renewables, but its rural solar systems fall off grid” was a clear indictment of India’s solar […] Read more
Electronica Finance Limited Signs US$15 Mn Deal with ResponsAbility Investments AG Updated On Tue, Aug 8th, 2023 by Saurenergy Electronica Finance Limited (EFL), a Pune-based Non-Banking Financial Company (NBFC) specialising in financing MSMEs with a focus on financial inclusion and energy efficient machine financing, has signed a US$15 million deal from Global Climate Partnership Fund (GCPF), managed by responsAbility Investments AG. The finance provided under the deal will be for six years and the […] Read more