SIDBI Secured $24.5 Mn from Green Climate Fund For Maiden Climate Project Updated On Wed, Mar 13th, 2024 by Saurenergy Small Industries Development Bank of India (SIDBI) has secured $24.5 Mn from Green Climate Fund (GCF) for its maiden anchored sustainability and climate focussed fund Avaana Sustainability Fund (ASF). The development came during the 38th meeting of the GCF Board in Kigali, Rwanda on March 6, reported the news agency PTI. The Green Climate Fund […] Read more
Hartek Group Appoints Sanjay Kumar As CEO for Power & Renewable Infra Business Updated On Wed, Mar 13th, 2024 by Saurenergy EPC company Hartek Group announced the appointment of Sanjay Kumar as the new CEO for the Power and Renewable Infra Business. “With a distinguished career spanning various leadership roles in the renewable energy sector, Mr. Kumar brings a wealth of experience and a proven track record of success to his new role” stated the company […] Read more
Green Energy Projects In Rs 4,066 Crore Investment Approved By Odisha Govt Updated On Wed, Mar 6th, 2024 by Saurenergy Odisha government’s State-Level Single Window Clearance Authority has sanctioned 22 projects valued at Rs 4,066.71 Crore. These projects were approved in the 129th meeting of the State Level Single Window Clearance Authority meeting chaired by Odisha Chief Secretary Pradeep Jena. The new projects span various sectors, including Green Energy Equipment, Chemical, Textiles and Apparel, Steel, […] Read more
SolarDuck, Green Arrow Capital Join Hands For 540 MW Hybrid Offshore Wind-Solar Farm In Italy Updated On Fri, Mar 1st, 2024 by Saurenergy Dutch-Norwegian cleantech company SolarDuck, Italian Independent Asset Manager Green Arrow Capital, and Italy-based developers New Developments s.r.l have agreed to collaborate on the development of 120MWp Offshore Floating Solar Photovoltaic (OFPV) farm integrated with a 420MW Floating Offshore Wind (FOW) project in Corigliano, Calabria, Italy. According to a press release by SolarDuck, the project will […] Read more
Odisha Plans Solar Trees That Can Withstand Wind Speed Upto 200km/h Updated On Thu, Feb 29th, 2024 by Saurenergy The Odisha Renewable Energy Development Agency (OREDA) has now planned to boost the penetration of decentralized renewable energy (DRE) systems in the state capital of Bhubaneswar. The coastal state, known for recurrent cyclones, has made special provisions to ensure extreme weather event-resilient solar structures and uninterrupted power supplies. The state has already witnessed the expansion […] Read more
MNRE Releases New Insurance Product List Covered Under IRDAI Updated On Tue, Feb 27th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently released a list of products that are covered by the IRDAI (Insurance Regulatory and Development Authority of India). The MNRE list covered details of various products that they offered and covered details of risks associated with solar power plants for information to the stakeholders. The list […] Read more
Plaksha University Launches Clean Energy Research Center – Indorama Updated On Tue, Feb 20th, 2024 by Saurenergy Plaksha University, a tech university today announced the launch of Indorama Ventures Center for Clean Energy. The center claims to reimagine technology education and research in India with technology programs. Today’s announcement announced the launch of one of the first research centers at Plaksha University to lead a clean energy transition through education and research. […] Read more
Feb 9 ALMM Order Withdrawn By MNRE, Industry Awaits Clarity Updated On Thu, Feb 15th, 2024 by Saurenergy Policy flip flops, for so long a bugbear for the renewable sector, reared its head again as the Feb 9 ALMM order for Approved List of Models and Manufacturers (ALMM) was withdrawn in an evening announcement by the ministry today, i.e., Feb 14. Coming less than a week after the announcement that exempted open access […] Read more
COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip Updated On Tue, Feb 13th, 2024 by Saurenergy Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar. Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […] Read more
