WAAREE Gets 500 Cr Credit Line for Solar Projects Updated On Thu, Sep 8th, 2022 by Saurenergy WAAREE Energies, India’s largest solar panel manufacturer, has entered into an agreement with the State Bank of India (SBI) for availing unsecured financing for solar projects through Surya Shakti Solar Finance Scheme and providing working capital for Channel Partners under EDFS (Electronic dealer finance scheme). The credit line is for upto Rs 500 crores for […] Read more
Ather, SBI collaborate to Widen Financing Options for EV customers Updated On Fri, Jun 10th, 2022 by Saurenergy Electric two wheeler manufacturer Ather Energy and State Bank of India have announced that they are collaborating to provide financing options to interested buyers of the electric vehicles. Ather wants to ease the process of purchase of the electric scooter for its purchasers by using the massive reach of the SBI in India to provide […] Read more
€100 Billion SBI and EIB Climate Action Initiative Launched Updated On Wed, May 12th, 2021 by Saurenergy EIB and SBI have agreed to back a new initiative of €100 million for new high-impact climate action and sustainability business financing. On the margins of the recently concluded EU-India Leaders Meeting, the European Investment Bank (EIB) and the State Bank of India (SBI) have agreed to back a new initiative of €100 million for […] Read more
MSMEs can Create 16 GW Rooftop Solar Capacity by 2022: Gadkari Updated On Wed, Mar 3rd, 2021 by Saurenergy Nitin Gadkari has said that MSMEs can create nearly 16 GW of rooftop solar capacity by 2022, meeting 40 percent of the 40 GW target. Union Minister of Micro, Small and Medium Enterprises (MSMEs) and Road Transport & Highways Nitin Gadkari has said that micro, small and medium enterprises (MSMEs) can contribute to creating nearly 16 GW […] Read more
MERC Directs MSEDCL to Compensate Solar PV Project Developers Updated On Fri, Jul 31st, 2020 by Saurenergy Solar PV Projects totaling 100 MW will be benefited The Maharashtra Electricity Regulatory Commission (MERC) has provided partial relief to Juniper Green Energy Pvt. Ltd. (JGEPL), and Nisagra Renewable Energy Pvt. Ltd. (NREPL), developers of solar PV projects in Maharashtra. JGEPL and NREPL had petitioned the MERC to intervene and finalize a compensation mechanism and […] Read more
HPERC Takes Cue from CERC, Proposes Changes to Renewable Project Conditions Updated On Tue, Jul 28th, 2020 by Saurenergy HPERC has Drawn Inspiration from CERC’s Renewable Energy Tariff Regulations 2020 The Himachal Pradesh Electricity Regulatory Commission (HPERC) has proposed amendments to the (Promotion of Generation from Renewable Energy Sources and Terms and Conditions for Tariff Determination) (4th Amendment) Regulations, 2020, which came in effect in April 2020. The HPERC duly considered the latest Renewable […] Read more
MNRE Invites Proposals to Develop Institutional Framework for ‘One Sun One World One Grid’ Implementation Updated On Wed, May 27th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has invited proposals from eligible consulting firms for developing a long-term vision, implementation plan, road map and institutional framework for implementing ‘One Sun One World One Grid’ (OSOWOG). This is in line with the Prime Minister Narendra Modi’s call for connecting solar energy supply across borders by […] Read more
SBI Issues Empanelment Tender for Solar Projects for Hyderabad Circle Updated On Mon, Jan 6th, 2020 by Saurenergy The last date and time of bid submission is January 21, 2020 at 3:00 p.m. SBI Infra Management Solutions Pvt Ltd (SBIIMS), a wholly owned subsidiary of country’s largest lender State Bank of India (SBI), has invited applications for the empanelment of contractors for grid connected solar plant for its branches and offices that comes […] Read more
Solar Projects, City gas and Infrastructure Bright Funding Spots: SBI Updated On Mon, Dec 23rd, 2019 by Saurenergy SBI Chairman has said that there is adequate availability of funds and opportunities are mainly in solar power, city gas, and infrastructure projects. State Bank of India (SBI) Chairman Rajnish Kumar has stressed that there is adequate availability of funds with the banking system but he does not find enough projects where investment is being sought. He said […] Read more
