Vibrant Energy Places Order for c.149 MW Wind Energy with Envision Energy Updated On Mon, May 15th, 2023 by Saurenergy Corporate renewable energy solutions provider Vibrant Energy (Vibrant) has placed an order totalling c.149 MW with Envision Energy (Envision). The order consists of 45 wind turbines with a capacity of 3.3 MW each, with delivery expected to commence from Q3FY24 onwards. Envision Energy delves into energy solutions and is headquartered in Shanghai. Srinivasan Viswanathan, CEO, […] Read more
Mufin Has Disbursed Highest Loans in Uttar Pradesh: Pankaj Gupta, Mufin Green Finance Updated On Mon, May 15th, 2023 by Saurenergy Mufin Green Finance, which claims to be India’s first listed NBFC dedicated to green financing, began its journey in 2016 with E-rickshaws way back. The firm claims a market share of 5% in e-rickshaw financing and says it has been able to keep the NPAs as low as 1.92%. With a portfolio dominated by borrowers […] Read more
Spanish IPP Opdenergy Transfers All Bruc Projects for 1,101MW Cumulative Capacity Updated On Mon, May 15th, 2023 by Saurenergy Renewable energy firm Bruc has completed the acquisition of eight new solar PV power generation plants from independent renewable energy producer Opdenergy with a cumulative capacity of 444 MW. This transaction is part of the agreement reached between Bruc and Spanish Independent Power Producer (IPP) Opdenergy in August 2021 for the sale and purchase of 20 solar […] Read more
Adani Green & Airtouch in Deal For Supply of Cleaning Robots for Solar Panels Updated On Mon, May 15th, 2023 by Saurenergy Israeli robotic cleaning firm Airtouch has signed an agreement worth 2.5 million USD for the supply of cleaning robots for solar panels to India’s renewable energy firm, Adani Green Energy Ltd (AGEL). This is the first agreement between the firms, which carries the potential to expand the collaboration. Tal Laufer, CEO of Airtouch Solar Group, […] Read more
MNRE Orders 80% Reduction In Application Fees Under ALMM Updated On Sat, May 13th, 2023 by Saurenergy In its latest notification, the Ministry of New and Renewable Energy (MNRE) ordered a sharp reduction of up to 80 percent in application fees under the Approved List of Models and Manufacturers (ALMM) scheme. The order, however, did not give any relaxation to companies having manufacturing facilities in non-SAARC countries in inspection fees. A media […] Read more
Govt Owned Firms Install Just 1,632 MW of RE Capacity In India As On April ’23 Updated On Fri, May 12th, 2023 by Saurenergy The National Power Portal has released its latest report for the renewable capacity that India installed at the close of April 2023. The cumulative installed capacity stood at 125692 MW as on April 30, 2023. Not surprisingly, of this, solar power claims a large chunk of 67077.88 MW, while wind stands at 42868.08 MW. Notably, […] Read more
TagEnergy Energises 50 MW Battery Storage Facility For UK Updated On Fri, May 12th, 2023 by Saurenergy Global clean energy enterprise Tag Energy has announced that it has operationalised 49.5MW/99MWh standalone energy storage system near Luton, England. The funding has also come from Santander UK in the £30 million Chapel Farm development. The ESS is a joint venture between TagEnergy and Yorkshire-headquartered Harmony Energy. TagEnergy’s had acquired a 60% stake in the […] Read more
Hyundai Eyes Expansion in India with Investment Worth INR 20,000 Cr in Tamil Nadu Updated On Fri, May 12th, 2023 by Saurenergy Korean automaker Hyundai Motor is intent on augment its Electric Vehicle (EV) market in India. The firm has said that it is looking to make an investment worth Rs 20,000 Cr for the upgradation of its facilities in Tamil Nadu. The investment will take place in a phased manner. Additionally, it has revealed that it […] Read more
Sanchi Stupa Welcomes 4kW SolarMill System by Windstream Energy Technologies Updated On Thu, May 11th, 2023 by Saurenergy Solar city Sanchi is further tapping into the benefits of renewable energy. In a recent announcement, that affirms the state’s resolution ot give a push to RE, the famous Sanchi Stupa, Madhya Pradesh has welcomed a pilot project of 4kW for solarmill system installed by a provider of renewable energy products and solutions, Windstream Energy […] Read more
