South Pole And Oorja To Use New D-RECs For India’s Diesel Problem Updated On Mon, Apr 3rd, 2023 by Saurenergy The D-REC Initiative, a new not-for-profit platform to deliver internationally recognised guarantees of origin from distributed renewable energy, has announced that its new market mechanism and technology has been adopted by farming-as-a-service company, Oorja Development Solutions, and climate advisory and finance business, South Pole, to support last-mile communities in India transition to renewable energy. Approximately […] Read more
Solar & Waste To Energy Specialist Sukhbir Agro Completes Rs 1,325 Crore Bond Issue Updated On Mon, Apr 3rd, 2023 by Saurenergy Renewable energy company Sukhbir Agro Enterprises Limuted (SAEL) has announced that it has secured Rs 1,325 crore by the way of issuance of bonds. SAEL has received the funds as long term financing which is denominated in rupees. The AA rated bonds are slated to mature a decade after in 2033. SAEL said in its […] Read more
FY23’s Final Big Tender Is SECI’s Tender For 2000 MW ISTS Connected Solar Projects Updated On Fri, Mar 31st, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has issued atender for the selection of solar power developers for setting up of 2000 MW (2GW) inter-state transmission system ISTS-connected solar power projects in India. The tender is issued for Tranche XI. The tender follows a noticeable slowdown in fresh issue of tenders, as SECI focused on […] Read more
UK’s Gemcorp Capital Seeds $150 Million Into Kenyan Clean Energy Platform Updated On Fri, Mar 31st, 2023 by Saurenergy UK based Gemcorp Capital Management Limited has committed a substantial capital investment into Milele Energy, a clean energy platform to be headquartered in Nairobi, Kenya that will focus on development, acquisition, and optimization of clean energy assets across sub-Saharan Africa. Gemcorp said that the seed investment includes funding for the planned acquisition by Milele of […] Read more
Canada Joins The Race To Offer Clean Energy Manufacturing Incentives Updated On Fri, Mar 31st, 2023 by Saurenergy After the US and it’s Inflation Reduction Act, The European subsidies for local manufacturing and India’s very own Production Linked Incentives (PLI) scheme it is now apparently the turn of Canada to get on to the local manufacturing bandwagon. The federal government led by Justin Trudeau has announced plans to introduce tax credit incentives and […] Read more
Arctech Wins Tracker Deal For Azerbaijan’s Largest Solar Project Updated On Fri, Mar 31st, 2023 by Saurenergy Chinese solar tracking and racking solution provider, Arctech has announced that it has won a 312 MW project providing SkyLine II solar tracker in Azerbaijan. The solar power project is also the largest solar project in the Central Asian country, according to an Arctech release. In order to effectively cope with the complex environment, Arctech […] Read more
IIT Roorkee, GIC Re Collaborate to Develop Solar Window Technology Updated On Thu, Mar 30th, 2023 by Saurenergy The Indian Institute of Technology Roorkee (IIT Roorkee) and General Insurance Corporation of India (GIC Re) have signed a partnership agreement to develop solar window technology that will enhance the solar power generation in India and lead to greater sustainable development. The two entities – IIT Roorkee Development Foundation (IITRDF) and GIC Re – have […] Read more
Sunpure Robots to Clean Sprng Energy Solar Projects in India Updated On Thu, Mar 30th, 2023 by Saurenergy Technological manifestation is on the rise in the renewable energy sector which propels the green energy scenario in India. In a key development, Sunpure Technology Co. Ltd. has announced that it has signed agreements with renewable energy developer Sprng Energy, under which, Sunpure will supply its robotic cleaning systems that do not require water in […] Read more
Over 1100 MUs of Green Power Procured During FY22-23 By Railway Energy Management Company Updated On Wed, Mar 29th, 2023 by Saurenergy Railways around the world are stepping up efforts towards decarbonization and accelerating the employment of renewable sources of energy. Indian Railways have set sights on becoming a net zero emitter by 2030. The Railway Energy Management Company Ltd (REMCL), is a joint venture between RITES Ltd and the Indian Railways. REMCL is the nodal agency […] Read more
