Govt Allocates Rs 500cr To Boost Electric Two & Three Wheelers Updated On Thu, Mar 14th, 2024 by Saurenergy The Ministry of Heavy Industries has now issued a notification to start a new scheme (Electric Mobility Promotion Scheme) especially dedicated to the promotion of electric two and three wheelers. As per the government notification, the scheme will be valid only for four months from April 1, 2024 to July 31, 2024. The ministry has […] Read more
SGEL Gets LoI From GUVNL For 500 MW GIPCL Solar Park In Khavda Updated On Wed, Mar 13th, 2024 by Saurenergy SJVN Green Energy Limited (SGEL) a renewable arm of SJVN received the Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for a 500 MW Solar Project. This project is part of GUVNL Phase-XXI. Geeta Kapur, Chairman/Managing Director, of SJVN, SJVN Green Energy Limited (SGEL) earlier bagged the 500 MW (100 MW + […] Read more
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
GAIL Issues Tender For Solar Plants Across Locations In India Updated On Wed, Mar 13th, 2024 by Saurenergy State-owned natural gas processing and distribution company GAIL has issued a tender inviting bids for the design, supply, installation, testing, commissioning, and operation & maintenance (O&M) of rooftop and land-based solar energy plants at multiple locations. The deadline for bid submission is April 2, 2024, with bid opening scheduled for the next day. Bidders must […] Read more
Greaves Finance, Muthoot Capital Sign Co-Lending Deal To Finance EVs Updated On Wed, Mar 13th, 2024 by Saurenergy Greaves Finance Limited an ev-focused lending platform partnered with Muthoot Capital Services Limited (MCSL) a non-banking financial company (NBFCs) to enter a co-lending arrangement. This arrangement has been made to increase the availability of electric two-wheeler financing solutions across India. Greaves Finance Limited is a non-banking financial company (NBFC) and a wholly owned subsidiary of […] Read more
Equinor Commissions 531 MW Brazil Solar Farm Updated On Wed, Mar 13th, 2024 by Saurenergy A Norway-based international energy company Equinor has commenced the operation of the 531 MW Mendubim solar plant in Brazil. This has marked a 30% increase in Equinor’s equity power production in Brazil. Mendubim will annually produce 1.2 TWh of power. Around 60% of the power will be sold on a 20-year USD-denominated power purchase agreement […] Read more
C-DAC, Tata Power Collaborate For Technology Transfer Of Electric Technology Updated On Wed, Mar 13th, 2024 by Saurenergy Union Minister of state for electronics and IT, skill development, entrepreneurship and Jal shakti, Rajeev Chandrasekhar recently inaugurated India’s first FutureLABS center in C-DAC Thiruvananthapuram recently. This center, namely, “Centre for Semiconductor Chips and Systems for Strategic Electronics”, is expected to play a crucial role in catalyzing an ecosystem for next generation chip design, manufacturing, […] Read more
JSW Energy, Serentica, ReNew & Hero Solar Among Firms Winning 1.5 GW SECI Bid Updated On Wed, Mar 13th, 2024 by Saurenergy Four firms won the bid that was issued by Solar Energy Corporation of India’s (SECI) regarding 1.5 GW firm and dispatchable renewable energy from Inter-State Transmission System (ISTS) -connected projects. As per SECI, JSW Neo Energy, Serentica Renewables India, ReNew Solar Power and Hero Solar Energy were the winners in the auction by SECI. The […] Read more
SECI Extends Bids For 900 Domestically Manufactured PV To 26 March Updated On Wed, Mar 13th, 2024 by Saurenergy Solar Energy Corporation of India (SECI) recently extended the bid submission deadline for the manufacturing, testing, packing forwarding, supply, and transportation of 900 MWp domestically manufactured solar PV modules with domestically manufactured solar cells. SECI revised the existing date and time for bid submission from 12th March at 2 pm to 26th March 2024 at […] Read more