SunAlpha Energy Wins 2 MW Rooftop Solar Capacity under Capex Model Updated On Sat, Jan 18th, 2020 by Saurenergy Rajasthan based SunAlpha Energy on Saturday said that it has won an aggregate 2,000 kWp of capacity under the state-owned Solar Energy Corporation of India’s (SECI’s) rooftop solar tender for government buildings. Under SECI’s global competitive bidding for the implementation of 97.5 MWp grid-connected rooftop solar photovoltaic (PV) system, the successful bidders and developers will […] Read more
Discoms Dues to Power Generators Rises to Rs 81k Cr in November Updated On Mon, Jan 6th, 2020 by Saurenergy Power producers’ total outstanding dues owed by Discoms increased around 45 percent to Rs 81,085 crore in November 2019. Power producers’ total outstanding dues owed by Discoms increased around 45 percent to Rs 81,085 crore in November 2019 over the same month previous year, reflecting stress in the sector. Discoms owed a total of Rs 54,834 […] Read more
Govt Okays 2,636 New EV Charging Stations Under FAME India Phase-II: Javadekar Updated On Sat, Jan 4th, 2020 by Saurenergy With an aim to provide further fillip to e-mobility in the country, government has approved 2,636 new electric vehicles (EVs) charging stations in 62 cities across 24 states and union territories under the phase-II of FAME India (Faster Adoption and Manufacturing of Electric Vehicles in India) scheme, Minister of Heavy Industries & Public Enterprises, Prakash Javadekar said. Out […] Read more
ICRA Revises Outlook from Stable to Negative for RE Sector Updated On Tue, Dec 31st, 2019 by Saurenergy On the back of delays in both payments from Discoms and execution of projects, credit rating agency ICRA has revised the year-end outlook for India’s renewable energy (RE) sector from ‘stable’ to ‘negative’. According to the rating agency, country’s renewable energy sector is facing headwinds due to long pending payments by the state Discoms (power […] Read more
Vector Green In The Big League With Rattan India’s Renewables Acquisition Updated On Tue, Dec 24th, 2019 by Saurenergy Mumbai-based Vector Green Energy Private Limited, now owned by the US based Global Infrastructure Partners (GIP), a global infrastructure investor with over $60 billion in assets worldwide, has formally entered the big league with the completion of its latest acquisition of about 275 MW pf solar assets belonging to Rattan India.. The firm, a wholly […] Read more
EESL Signs MoU to Promote E-Mobility in South India Updated On Fri, Dec 20th, 2019 by Saurenergy EESL has signed an MoU with Baghirathi Sustainability India to explore the possibilities of promoting e-mobility and electric vehicles in India. The Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, has signed a Memorandum of Understanding (MoU) with Baghirathi Sustainability India to explore the possibilities of promoting e-mobility […] Read more
Bank of America Extends Rs 356.5 cr LOC to Fourth Partner Energy Updated On Tue, Dec 17th, 2019 by Saurenergy Distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) LOC from the Bank of America. Hyderabad-based distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) line of credit (LOC) from the Bank of America. This is Bank of America’s […] Read more
India’s Installed Wind Capacity Crosses 37 GW, Tamil Nadu Well Ahead of Rest Updated On Wed, Dec 4th, 2019 by Saurenergy India’s installed wind energy capacity has surpassed the 37 GW mark, Union Power Minister RK Singh has informed. India’s installed wind energy capacity has surpassed the 31 GW mark with nearly 37090 MW of capacity installed in the country as of October 31, 2019. The information was provided by RK Singh, Union Minister of State […] Read more
EESL and SDMC Partner to EV Infrastructure in Delhi Updated On Thu, Nov 28th, 2019 by Saurenergy EESL has signed a Memorandum of Understanding (MoU) with SDMC to establish infrastructure for Electric Vehicles (EV) in the SDMC area over a 10-year period. Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power has signed a Memorandum of Understanding (MoU) with South Delhi Municipal Corporation (SDMC) to establish infrastructure for […] Read more
