RBI Extends Priority Sector Lending For RE Projects Upto Rs 35cr Updated On Tue, Mar 25th, 2025 by Saurenergy The Reserve Bank of India (RBI) has now extended funding for renewable projects in the country up to 35 crore under the Priority Sector Lending. The central bank regulator has issued revised guidelines on Priority Sector Lending (PSL) after a comprehensive review of existing provisions, incorporating feedback from stakeholders. The revised funding is cover the […] Read more
Delhi Govt Allocates Rs 50cr For PM Surya Ghar ‘Top Up’ Updated On Tue, Mar 25th, 2025 by Saurenergy Delhi Chief Minister Rekha Gupta today presented her maiden budget for the Union Territory. In her speech before the State Assembly, the CM talked about making the region self-sufficient in energy. She also talked about boosting the growth of solar energy in the state through the new Delhi Budget. In her speech, Gupta talked about […] Read more
Senvion Announces Crossing 1 GW WTG Capacity In India Updated On Tue, Mar 25th, 2025 by Saurenergy Wind turbine manufacturer Senvion today announced crossing 1 GW of wind turbine manufacturing capacity in India. Meanwhile, the firm also announced completing the manufacturing of 500 nacelles from the Baramati (Maharashtra) plant and 500 sets of blades from blade factories in Vadodara (Gujarat) and Tiruchirappalli (Tamil Nadu). “Senvion runs its business with Make in India […] Read more
India Sees Second Largest Rise In Energy Demand Globally: IEA Updated On Tue, Mar 25th, 2025 by Saurenergy A recent report by the International Energy Agency (IEA) highlights that India has become the second-largest contributor to the rise in global energy demand. The report states that India’s energy demand increase surpassed the combined growth of all advanced economies. This comes as global energy demand grew by 2.2% in 2024, exceeding the average growth […] Read more
IIT Madras Unveils EV Labs To Advance Battery & Charging Tech Updated On Tue, Mar 25th, 2025 by Saurenergy The Indian Institute of Technology, Madras (IIT Madras) has launched ‘Zero e-mission,’ a comprehensive set of e-mobility initiatives spanning various domains, including Education, Skilling, Research, Policy, Outreach, and Safety. Led by the Department of Engineering Design at IIT Madras, these initiatives aim to foster strong industry collaborations to accelerate India’s EV transition. The initiatives launched […] Read more
Green Financier Ecofy Secures USD 12.5 Million From IFU Updated On Tue, Mar 25th, 2025 by Saurenergy Ecofy Finance Private Limited, India’s green-transition-focused NBFC, has announced that it has secured a USD 12.5 million long-term loan facility from the Investment Fund for Developing Countries (IFU), a development finance institution owned by the Government of Denmark. The funding will support Ecofy’s further expansion into funding EVs and Solar systems in India. Ecofy aims […] Read more
MERC Orders MSEDCL to Refund Faulty Open Access Charges Updated On Tue, Mar 25th, 2025 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has directed MSEDCL to refund charges incorrectly levied on three solar power generators. The order came to the limelight after three SPVs of Tata Power approached the state power regulator. The petitioners blamed the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for incorrectly levying charges for open-access connections. The […] Read more
Telangana Discovers BESS Tariff At ₹2.40 Lac/MW/Month Updated On Tue, Mar 25th, 2025 by Saurenergy Telangana has awarded its 500 MWh with a standalone Battery Energy Storage System (BESS) project tender at a tariff in the range of Rs. 2.40-2.45 lakh/MW/month. This is one of the first tenders released by Telangana Genco (TGGENCO) for a 500 MWh (250 MW x 2 hours) project. TGGENCO issued the tender with Viability Gap […] Read more
Green Stocks March 24: Waaree RTL Gets Wings! Updated On Mon, Mar 24th, 2025 by Saurenergy As the markets soared for the fifth consecutive day, the Indian markets finally moved to green territory for the year 2025. Making the most of it was a somewhat unexpected green stock today Waaree Renewable Technologies Limited (Waaree RTL), which spiked over 10%. Waaree of course has been one of the biggest losers ever since […] Read more
