Fiscal Year 2024: World Bank Provides $42.6 Bn Climate Finance Updated On Fri, Sep 20th, 2024 by Saurenergy The World Bank Group delivered a record $42.6 billion in climate finance in fiscal year 2024—from July 1, 2023, to June 30, 2024, according to its ‘Climate Finance Fiscal Year 2024 Snapshot’. This is a 10% increase in climate finance compared to the previous year. At COP28, the World Bank Group committed to increasing its […] Read more
Delhi’s CNG-Run Three Wheelers To Go Electric Soon Updated On Fri, Sep 20th, 2024 by Saurenergy The Delhi government in its recent order added a new para-transit scheme mandating the replacement of CNG-powered Gramin Sewa vehicles registered under the 2010-11 scheme with electric vehicles (EVs). This revised policy applies to high-capacity three-wheelers and similar other vehicles with a seating capacity of six passengers (excluding the driver) being given permits to ply […] Read more
Goldi Solar Appoints Dhruv Dholakia As Director Updated On Thu, Sep 19th, 2024 by Saurenergy Indian solar module manufacturer Goldi Solar today announced the appointment of Dhruv Dholakia as its new Director. Dhruv will succeed Bharat Bhut as Director, bringing fresh perspectives and strategic vision to Goldi Solar. With a background in business administration and entrepreneurial skills, Dhruv will be instrumental in advancing the company’s marketing strategies, sustainability initiatives, and […] Read more
Assam Issues Draft Net Metering Guidelines For Solar Projects Updated On Wed, Sep 18th, 2024 by Saurenergy The Assam Electricity Regulatory Commission (AERC) has released a draft notification, outlining the guidelines for group net metering and virtual net metering for renewable energy. The northeastern state, in its guidelines, stated, “The distribution licensees will be required to facilitate and bear the capital expenditure for Service Line cum Development (SLD). This aims to facilitate […] Read more
Tata Power Renewable Energy Secures 400 MW Hybrid Project from MSEDCL Updated On Wed, Sep 18th, 2024 by Saurenergy Tata Power Renewable Energy Limited (TPREL), the green arm of the Tata Power Company Limited, has successfully secured a Letter of Award (LoA) from the Maharashtra State Electricity Distribution Company Limited (MSEDCL), a wholly owned entity under the Maharashtra Government, for the development of a 400 MW Wind-Solar Hybrid project in Maharashtra. The LoA includes […] Read more
Torrent Power Wins 1,500 MW/12,000 Energy Storage Bid From MSEDCL Updated On Wed, Sep 18th, 2024 by Saurenergy Torrent Power Limited recently secured a 1,500 MW pumped hydro storage project from the Maharashtra State Electricity Distribution Co. Limited (MSEDCL). Under this mutually agreement provisions, Torrent Power will procure 1,500 MW/12,000 MWh of energy storage capacity from the pumped hydro storage (PSP) project. MSEDCL will provide a detailed Letter of Award (LOI) after obtaining […] Read more
Jakson Green Signs MoU With REC For Solar IPP Projects Updated On Tue, Sep 17th, 2024 by Saurenergy Renewable energy project developer Jakson Green today announced taking another step towards accelerating India’s clean energy transition with the signing of a ₹1,420 Crore Memorandum of Understanding (MoU) with REC Limited for our solar IPP projects. “This investment will significantly boost renewable energy capacity, directly reducing reliance on fossil fuels and cutting carbon emissions. Beyond […] Read more
Cosmic PV Showcases Its Solar Products At RE+ In US Updated On Tue, Sep 17th, 2024 by Saurenergy Surat-based solar module OEM company Cosmic PV Power recently made its first appearance on the global stage at RE+ Anaheim, California, USA, North America’s largest and most comprehensive clean energy event. The company said that this debut at RE+ USA was significant for Cosmic PV Power’s journey towards global expansion. By stepping into the international […] Read more
eBikeGo Group Venture GreenPioneer Appoints Iftekhar Ahmed As CEO Updated On Tue, Sep 17th, 2024 by Saurenergy eBikeGo, India’s electric vehicle rental platform, has entered into a partnership with GreenPioneer Mobility, a company working on personal mobility. The group has now announced appointing Iftekhar Ahmed as the CEO of the new venture to lead the expansion of this firm. As part of its growth strategy, GreenPioneer plans to establish large flagship multi-brand […] Read more
