ReNew Power Gets Green Project Finance of Rs 800 Cr from Bank of America Updated On Wed, Nov 9th, 2022 by Saurenergy ReNew Power has received a loan/ green project finance from Bank of America totaling roughly Rs 800 crore, the lender’s first local project financing agreement in the renewable energy industry after a protracted absence. The company will benefit from cheaper funding costs thanks to the five-year green loan facility in rupees, as the money will […] Read more
Offers For 3500 MW Pour In For PTC India Call For 1000 MW RE From Developers Updated On Wed, Nov 9th, 2022 by Saurenergy PTC India, the listed power trading firm, has announced that it has received a strong response to its call for expressions of interest from relevant players to supply 1000 MW of renewable energy for onward sales through market linked products. The 500 MW plus 500 MW greenshoe option was part pf Phase 1 of PTC […] Read more
After Promising Start, Karnataka Increases GIM Investment Plans Updated On Thu, Nov 3rd, 2022 by Saurenergy After the Global Investors’ Summit got off to a strong start, Karnataka increased its fundraising target by Rs 2.5 lakh crore to Rs 7.5 lakh crore, according to Union Finance Minister Nirmala Sitharaman. “When this global meeting was first being arranged, their initial expectations and goals were in the neighborhood of 5 lakh crore. Now […] Read more
Renew Power to Invest INR 30,000 Cr in Solar, Wind Energy By 2025 Updated On Mon, Oct 17th, 2022 by Saurenergy Renewable energy conglomerate ReNew Power hopes to invest INR 30,000 crore in the coming two years in solar and wind energy capacities according to reports. ReNew Power Chairman Sumant Sinha has said that ReNew has 5,000 MW of projects which it is building presently as it has won auctions and has Power Purchase Agreements. The […] Read more
Suzlon Founder Tulsi Tanti, India’s Original Wind Man, Is No More Updated On Sun, Oct 2nd, 2022 by Saurenergy The Founder of Suzlon Energy- Indian multinational wind turbine manufacturer- has died of cardiac arrest at the age of 64. Tanti, Managing Director and Chairman of Suzlon suffered a cardiac arrest and succumbed to it the same day. As revealed by his close friend Manu Pambhar, Tanti complained of chest pain in his car in […] Read more
Amazon Adds 71 New Renewable Project Installations Globally Updated On Sat, Sep 24th, 2022 by Saurenergy E-commerce giant Amazon continues to increase the amount of renewable energy in its portfolio. Its latest addition of 2.7 GW of cumulative capacity across 71 new renewables projects across countries makes it one of the largest corporate buyers of renewable energy. The company’s declaration is a component of its goal to completely run on green […] Read more
Amazon Scales Up Green Ambitions In India, 3 Solar Plants of 420 MW Planned In Rajasthan Updated On Thu, Sep 22nd, 2022 by Saurenergy In a development indicative of the strong shift at corporate level towards green energy, Amazon in India has signed three separate deals for a total of 420 MW for powering its operations in India. Additionally, Amazon has also announced 23 new solar rooftop plants across its fulfillment centres in India, which will account for an […] Read more
Robotic PV Panel Cleaning Firm Airtouch Solar Signs Agreement with ReNew Power Updated On Tue, Sep 6th, 2022 by Saurenergy Israel-based robotic PV panel cleaning specialist, Airtouch Solar has signed an agreement with ReNew Power, a leading Indian start-up that delves into renewable energy. Airtouch Solar signed orders in an overall scope of approximately USD 3.3 million with the Indian mega-corporation ReNew Power for the supply, installation, operation and maintenance of solar panels cleaning robots […] Read more
Egypt Looks to Construct Two Large Solar, Wind Projects Updated On Tue, Sep 6th, 2022 by Saurenergy The Egyptian government is mulling over the development of two large renewable energy projects to cut its reliance on fossil fuel based power according to reports. Two solar and wind energy plants will be constructed in the North African Arab. The New and Renewable Energy Authority (NREA), which is mandated with the development of clean […] Read more
