SBI Partners with Tata Power for Financing Solar Projects Updated On Tue, Feb 1st, 2022 by Saurenergy With an aim to strengthen the existing financing arrangement for solar power projects, India’s largest lender State Bank of India (SBI) has launched a dedicated centralized processing cell, ‘Surya Shakti Cell’, the company recently announced. SBI has entered into an agreement with Tata Power Solar Systems Ltd. for financing solar projects. Set-up in the Ballard Estate in Mumbai, the […] Read more
Gujarat Power Utility Floats Tender for 131 MW Solar Plants Updated On Tue, Feb 1st, 2022 by Saurenergy Gujarat State Electricity Corporation Limited (GSECL) has invited bids for setting up a 131 MW solar plant at various locations in the districts of Surendranagar and Morbi, Gujarat. The bid submission deadline is February 2, 2022, 4 pm. The full scope of the project is as follows: The design, engineering, supply & procurement, construction, erection, testing, […] Read more
UK’s NextEnergy Capital Raises Record $896 M for Solar Infra Fund Updated On Mon, Jan 31st, 2022 by Saurenergy London-based NextEnergy Capital recently said that it had raised a record $896 million for its NextPower III ESG fund, focused on solar infrastructure investments in OECD countries – its biggest private fund to date. While there may exist larger solar-focused funds with more restrictive geographic focus, the firm assured that its latest was the biggest […] Read more
Servotech, Smart Power India to Create Solar Ecosystem in Rural India Updated On Mon, Jan 31st, 2022 by Saurenergy Aiming to promote awareness about and access to solar power in the rural communities of Bihar, Uttar Pradesh, Orissa, and Jharkhand, Servotech Power Systems Limited has signed a Memorandum of Understanding (MoU) with Smart Power India, a subsidiary of New York-based Rockefeller Foundation. The companies believe that educating people about the benefits of solar energy […] Read more
White House Mulls Extension of Trump-era Solar Tariffs, with Tweaks Updated On Mon, Jan 31st, 2022 by Saurenergy The White House is considering extending Trump-era tariffs on solar power imports, but with a handful of tweaks to make it easier for domestic installers to access supplies, according to two sources familiar with the administration’s thinking. The plan represents an attempt by U.S. President Joe Biden’s administration to find common ground between two important […] Read more
IREDA to Provide Consultancy to Goa Shipyard for Solar Rooftop Project Updated On Mon, Jan 31st, 2022 by Saurenergy State-owned Indian Renewable Energy Development Agency (IREDA) on Saturday inked a memorandum of understanding with Goa Shipyard to provide its techno-financial expertise to set up a rooftop solar power project. Under the MoU, IREDA will assist Goa Shipyard Ltd (GSL) to set up a rooftop solar power project at the headquarters of the company in […] Read more
