DERC Proposes Rs 150cr Limit For New Intra State Power Projects Updated On Mon, Sep 2nd, 2024 by Saurenergy Delhi Electricity Regulatory Commission (DERC) in its latest notification has proposed a threshold limit to develop Intra-State Transmission Projects under its proposed Draft Tariff Based Competitive Bidding) Regulations, 2024. The draft laid down certain criteria for setting the threshold limit. For instance, the notification stated, “The threshold limit of above Rs. 150 crores excluding land […] Read more
Inox Wind’s EPC Arm Resco Global To Raise 350cr Equity Updated On Mon, Sep 2nd, 2024 by Saurenergy Indian wind energy company Inox Wind Limited (IWL) today announced that the board of its subsidiary, Resco Global Wind Services Pvt. Ltd. (Resco Global), an EPC Projects company, has approved Rs 350 crore equity raise from marquee investors for a single digit stake. The funds will be utilized to scale up the business offerings and […] Read more
5 Indian Solar Firms With Plans To ‘Make In USA’ Updated On Mon, Sep 2nd, 2024 by Saurenergy Solar, Supply Chain And Scaling Manufacturing: Indian Firms Pivot To The USA The Solar Energy Manufacturers for America Coalition (SEMA) released a report this year revealing that Chinese-headquartered companies now produce 99% of the world’s solar wafers and over 80% of the world’s polysilicon. These two components alone account for more than half the value […] Read more
Veera Vahana, Exponent Energy Announce First 15 Mts Charging Inter-City Bus Updated On Thu, Aug 29th, 2024 by Saurenergy Veera Vahana – a leading player in the bus industry has partnered with Exponent Energy, an energy-tech company to announce a 15-minute rapid charging long-haul intercity electric bus. The ‘Veera Mahasamrat EV’ powered by Exponent is the world’s first 13.5m electric bus on 2-axles. It’s equipped with Exponent’s 320 kWh battery pack enabling a virtually […] Read more
ZF Wind Power Coimbatore Rolls Out 50 GW Wind Gearboxes Updated On Tue, Aug 27th, 2024 by Saurenergy ZF Wind Power, a technology-driven manufacturer and service partner in the global wind turbine gearbox industry, has achieved a total production capacity of 50 GW of gearboxes at its manufacturing facility in Coimbatore, India. The ZF Wind Power plant in Coimbatore is one of the largest wind gearbox production facilities in the world outside of […] Read more
Green Stocks 27 August: Waaree Renewable Price Sees 5% Rise Updated On Tue, Aug 27th, 2024 by Saurenergy After a long hiatus, nine out of eleven stocks saw a rise in prices, with Waaree Renewable Technologies taking the top spot with a 5% increase. This was followed by JSW Energy, which saw a 2.49% jump, and Tata Power, which experienced a 1.31% rise. Wind energy companies Suzlon Energy and Inox Wind Energy also […] Read more
UltraTech Secures $500mn Financing For Sustainability Initiatives Updated On Tue, Aug 27th, 2024 by Saurenergy UltraTech Cement Limited (UltraTech) recently raised $500 million through a sustainability-linked loan, with participation from six banks. Sumitomo Mitsui Banking Corporation (SMBC) acted as the sole Sustainability Coordinator for this transaction and served as the exclusive advisor on UltraTech’s Sustainability-Linked Financing Framework. The primary lenders in the transaction include SMBC, SBI, BNP Paribas, DBS, MUFG, […] Read more
IB Solar Likely To Launch TOPCOn-Based Modules By Oct: Abhinav Mahajan Updated On Mon, Aug 26th, 2024 by Saurenergy What are the main products IB Solar is offering to the Indian solar market currently? Right now, we have a total solar module manufacturing capacity of 500 MW. We are set to add 900 MW of additional capacities in the next six months. We expect our cumulative solar module manufacturing capacity to reach approximately 1.4 […] Read more
RMC Green Energy Gets 50 MW RE Park Project In Rajasthan Updated On Wed, Aug 21st, 2024 by Saurenergy RMC Green Energy Pvt. Ltd. has recently secured approval to establish a 50 MW Renewable Energy Park in Rajasthan. A subsidiary of RMC Switchgears Limited, the company received the green light from the Rajasthan Renewable Energy Corporation under the Rajasthan Renewable Energy Policy 2023. This milestone marks a significant step for RMC Green Energy as […] Read more
