Avaada Energy Secures Rs 597 Crore Refinancing for PV Projects Updated On Wed, Oct 16th, 2024 by Saurenergy Avaada Energy, a subsidiary of the Avaada Group, has secured Rs 597 crore ($71.1 million) in refinancing for its commercial and industrial (C&I) solar projects. These projects are located in Karnataka and Maharashtra. The refinancing was provided by NIIF Infrastructure Finance Limited (NIIF IFL), an infrastructure debt fund focused on refinancing operational infrastructure projects. Avaada’s […] Read more
Rayzon Solar Secures 216 MW PV Module Supply Orders From L&T Updated On Wed, Oct 16th, 2024 by Saurenergy Rayzon Solar announced that the company has won a contract to supply 216 MW of photovoltaic modules to L&T for three solar projects in India. One of the renowned multinationals providing EPC solutions in India, L&T will operate the solar projects out of three states. The solar projects operating out of the state of Jharkhand, […] Read more
ITC Commissions Second Offsite Solar Plant in Karnataka Updated On Tue, Oct 15th, 2024 by Saurenergy ITC Limited has recently commissioned its second offsite solar plant in Karnataka with a capacity of 9.45 MW in the Davangere district. The facility is ITC’s 4th offsite solar plant in the country, with similar units earlier built in Tamil Nadu, Uttar Pradesh and Karnataka. ITC Limited has set itself the target to meet 100% […] Read more
Tata Steel Using Multiple Options To Boost Use Of RE: Probal Ghosh Updated On Tue, Oct 15th, 2024 by Saurenergy 1. What are the major works you are doing towards shifting to renewable energy for your operations? Integrated Steel plants are power intensive and require huge quantum of power. Currently, the standard BF-BOF route of making steel is in operation and the by-product gases generated in the process are utilised for meeting many heating purposes […] Read more
IBM Acquires Prescinto, Expands Into Renewable Energy Space Updated On Tue, Oct 15th, 2024 by Saurenergy IBM acquires Digital Renewables company – Prescinto, an asset performance management (APM) and a software-as-a-service (SaaS) provider. This acquisition will allow Prescinto leverage artificial intelligence (AI) to enable monitoring, analytics, and automation to streamline renewable energy operations and manage clean energy and storage assets. The Bangalore-based digital company offers solution to organizations that are increasingly […] Read more
SunDrive Partners With Trinasolar To Advance Solar Manufacturing In Australia Updated On Tue, Oct 15th, 2024 by Saurenergy SunDrive Solar, an Australian solar innovation provider, and Trinasolar, a Chinese solar manufacturers, have signed a Memorandum of Understanding (MoU) to form a majority Australian-owned joint venture (JV). This joint venture aims to support solar manufacturing capabilities in Australia, strengthen the nation’s energy security and contribute to country’s renewable energy goals. With SunDrive’s solar technology […] Read more
Rooftop Solar Can Increase Local Temperature, Says Research Updated On Mon, Oct 14th, 2024 by Saurenergy A recent research showed that rooftop solar can raise temperatures during the daytime and lower them at nighttime. These findings were based on a city-wise simulation on photovoltaic solar panels on rooftops. The research indicated that the conventional photovoltaic solar panels may increase temperatures on hot days and lower them at night, said new modelling. […] Read more
Saatvik Solar’s Module Orderbook Swells By 200 MW With Mahagenco ORder Updated On Mon, Oct 14th, 2024 by Saurenergy Saatvik Green Energy Limited, has announced that it has won a contract with Maharashtra State Power Generation Company Limited (MAHAGENCO) to supply 200 MW of its cutting-edge N-TOPCon 580Wp modules to various locations across Maharashtra. The total value of the order is estimated to be ₹302 crore. MAHAGENCO is one of India’s largest power generation […] Read more
Solar-Storage Can Avert India’s 40 GW Power Shortage By 2027: Berkeley Updated On Mon, Oct 14th, 2024 by Saurenergy India is projected to face a power shortage of 20-40 GW in the evenings by 2027 due to the rapid increase in electricity demand, according to a report by Berkeley. However, this shortfall could become more manageable, considering the significant drop in the prices of gigawatt-scale solar and storage. Recent solar-plus-storage auction results recorded a […] Read more
