Avaada Issues Largest Tranche of AAA Rated Green Bonds for $192 Million Updated On Wed, Mar 2nd, 2022 by Saurenergy Avaada Energy, India’s leading solar project developer, today announced that it is raising green bonds for INR 1440 Cr (USD 192 million) in the Indian capital market at 6.75% making it India’s largest AAA rated Green Bond by any renewable energy developer. The bonds are certified by Climate Bonds Standard Board of the Climate Bonds […] Read more
Avaada Energy to deliver Bihar’s first floating solar power plant Updated On Fri, Feb 25th, 2022 by Saurenergy With a high population density and low land availability, Bihar is now using its water bodies to generate clean energy. The Bihar Government has commissioned a 2 megawatt (MW) floating solar power unit in Darbhanga district to Avaada Energy over a six acre water body and the project is about to be commissioned. The project […] Read more
Consultancy Tender Issued for Solar Plant at Embassy of India, Brasilia Updated On Wed, Feb 23rd, 2022 by Saurenergy The President of India, acting through the Embassy of India in Brasilia, Brazil, has invited proposals from eligible contractors for the installation of a solar energy system in the Chancery Complex of the Embassy on a turnkey/design and build basis. The last date to submit sealed bids is is March 14, 2022, till 5 PM. […] Read more
Azure Power refinances its 600 MW solar project Updated On Wed, Feb 23rd, 2022 by Saurenergy Azure Power Global Limited has said that it has refinanced its 600 MW solar power project – which is based in the state of Rajasthan – at the lowest rate of interest in its portfolio up to the present time. The company statement says that it has successfully refinanced its existing project finance facility of […] Read more
Portable Solar Tracking Towers Developed by IIT Delhi Updated On Tue, Feb 22nd, 2022 by Saurenergy Researchers at Indian Institute of Technology – Delhi (IIT-Delhi) have developed solar photovoltaic tracking towers that are portable. The new towers are of 3 kW and 5 kW capacity that can save time and the owners can operate them mechanically and also non-mechanically. The premier institution says that the new technology is scalable to higher […] Read more
Kerala Plans 200 MW Renewable Projects Over 10 Dams Updated On Tue, Feb 22nd, 2022 by Saurenergy The Kerala State Electricity Board (KSEB) is seeking bids to develop 100 megawatt (MW) each of wind projects and floating solar projects. All of these projects will be constructed in ten dams of the state. The government has said that the bids for the wind energy projects shall open on February 24. It has also […] Read more
Settle CIL Case with SECI Directly, Not in Court, CERC tells Adani Solar Updated On Mon, Feb 21st, 2022 by Saurenergy The Central Electricity Regulatory Commission has declined to accord the ‘in-principle approval’ sought by Adani Solar for a ‘Change in Law’ event with regards to its PPA with SECI for a 50 MW solar plant in Rajasthan. In November 2018, Adani Solar Energy Four Private Limited (formerly known as Kilaj Solar (Maharashtra) Private Limited) (ASEFPL) entered […] Read more
MNRE Minister confirms fresh bids to be called for expanded Solar PLI Scheme Updated On Sun, Feb 20th, 2022 by Saurenergy Union minister for Power and Renewable Energy RK Singh has said that the fresh bids will be invited for the setting up of 40,000 MW production capacity for solar modules and cells under the production-linked incentive (PLI) scheme. Finance Minister Nirmala Sitharaman had made an additional outlay of Rs 19,500 crore for the PLI scheme […] Read more
MNRE Issues Framework to Promote Decentralised RE Livelihood App Updated On Fri, Feb 18th, 2022 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has issued a ‘Framework for Promotion of Decentralised Renewable Energy (DRE) Livelihood Applications’. DRE technologies are basically solutions, systems or products powered by renewable energy that help people to make a living. Solar looms, solar pumps, biomass powered cold storage and so on are some of the […] Read more
