Pivot Energy Secures $200 Million For 100 MW Distributed Solar Updated On Tue, May 9th, 2023 by Saurenergy American solar power and energy storage developer Pivot Energy has closed a $203 million financing facility to support a multi-state portfolio of distributed generation solar projects. Pivot Energy said that Silicon Valley Bank (SVB) and Foss & Company will make the initial tax equity investment. The 100 MWdc portfolio comprises 35 community solar and C&I […] Read more
Yes Bank Announces ‘YES KIRAN’ Solar Financing Scheme For MSMEs Updated On Tue, May 9th, 2023 by Saurenergy Private sector bank – Yes Bank, which has come back to life after an RBI led intervention – has come up with a novel lending proposition that will help expand the solar power systems in the country in decentralised manner. Yes Bank has announced the launch of its new lending scheme called ‘YES KIRAN’ under […] Read more
Icon Solar Aims To Touch USD 200 million sales by 2025: Shakti Dubey, Director Updated On Mon, May 8th, 2023 by Saurenergy Shakti Kumar Dubey is the Director of Icon Solar-En Power Technologies Private Limited (En-Icon), an Indian solar module manufacturing company. The company started its operations nine years ago and has expanded its base since then in the country. En-icon has also been important in supplying solar pumps under the PM-KUSUM and other solar pump schemes. In […] Read more
NHPC Invites Bids for EPC Contract for Development of 300 MW Floating Solar Project Updated On Mon, May 8th, 2023 by Saurenergy National Hydroelectric Power Corporation has issued a tender for the Engineering, Procurement & Construction (EPC) Contract for the development of 300 MW capacity floating solar power project and associated 220 KV transmission line for connectivity at 400 KV grid substation alongwith comprehensive operation and maintenance for 05 years at Rengali Reservoir at Angul district in […] Read more
Bihar Counts On Lower Renewable Energy To Surrender 854 MW Thermal Power Allocation Updated On Mon, May 8th, 2023 by Saurenergy In an interesting move, the Bihar State Power Holding Company Limited (BSPHCL) has chosen to surrender 854 MW of the state’s central allocation of thermal power. In doing this, the state firm is counting on both its right to exit PPA’s that are over 25 years old, and the possibility of cheaper renewable energy to […] Read more
Smart Battery Swapping Startup Esmito Partners with ElectricFuel to Offer Energy as Service Updated On Thu, May 4th, 2023 by Saurenergy Esmito, a smart battery swapping solution provider has joined hands with ElectricFuel, a leading EV charging services provider to roll out Energy as a Service (EaaS) platform with an aim to bring affordable, high performance battery swapping solutions to the Indian EV market. The operations are currently being rolled out in Bangalore and Hyderabad and […] Read more
CERC Declines To Give Relief To ReNew Wind Energy In Gujarat ISTS Project Case Updated On Thu, May 4th, 2023 by Saurenergy In its latest order, the Central Electricity Regulatory Commission (CERC) declined to give any relief to the ReNew Wind Energy (TN) Private Limited in a case related to its proposed 265 MW of wind project in the Bhuj district of Gujarat. The wind energy developer had signed a Power Purchase Agreement (PPA) with the Solar Energy […] Read more
Renewable Startups Now Have Better Funding Avenues: Abhishek Pillai, Solar Ladder Updated On Thu, May 4th, 2023 by Saurenergy Abhishek Pillai is one of the three co-founders who started Solar Ladder, a supply chain startup, four years ago. The three co-founders laid the firm’s foundation around the end of their London School of Economics course. The firm has around 250+ solar EPC (Engineering, Procurement, and Construction) installers on board four years later. It also […] Read more
ANERT Establishes First Solar Plant in Kerala for Solar-Powered Cold Storage & Backup Updated On Thu, May 4th, 2023 by Saurenergy Kerala has welcomed its first 10mt solar-powered cold storage with a backup of 36 hours. The 7kw solar plant has been launched by Minister of Electricity, Kerala, K.Krishnankutty. The project is valued at Rs 25 L. The project has been inaugurated by the Agency for Non-Conventional Energy and Rural Technology (ANERT). Thr solar cold storage […] Read more