Haier Announces Solar AC For India Soon. 3 Reasons Why It Might Face A Tough Market Updated On Mon, Mar 18th, 2024 by Saurenergy It what will surely rank as one of rarest marketing moves, a product that is already established in neighbouring Pakistan is set to be launched in India as well. Yes, a Solar AC from Haier could be coming to India this summer, as the Chinese firm looks to grab a share of the fast growing […] Read more
Indian Solar Firms Bank On Cricket To Popularise Renewables Updated On Mon, Mar 11th, 2024 by Saurenergy Indian solar industry in the last few months has increased its reliance on cricket to bolster the popularity of renewable energy in the country. With the passage of time, we have seen more solar firms especially the Indian solar module manufacturers jumping onto the bandwagon of using cricketers and the Indian Premier League (IPL) to […] Read more
Nilesh Malani Joins Waaree Group As Chief Marketing Officer Updated On Thu, Mar 7th, 2024 by Saurenergy Indian renewable energy company Waaree Group has appointed Nilesh Malani as its new Chief Marketing Officer (CMO). Before joining the Waaree Group, Malani was the Chief Marketing Officer (CMO) at Polycab. Malani also discussed his recent inclusion with the Indian green energy firm and expressed enthusiasm about his new journey. “I am happy and excited […] Read more
CERC Moves On Pilot Project For Market Coupling Updated On Wed, Feb 7th, 2024 by Saurenergy Reports have confirmed that the Central Electricity Regulatory Commission (CERC) has ordered for a shadow pilot on market coupling of India’s power exchanges. The news confirms what has been suspected for long, that despite protestations of IEX the premier power exchange, and many other stakeholders, the government is determined to push ahead with market coupling […] Read more
January Power Market- IEX Reports Highest Ever Volumes, Green Power Slides Updated On Tue, Feb 6th, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s leading electricity exchange, achieved the highest-ever total volumes in January 2024, reaching 10,893 million units (MU) – marking a 26.1% year-over-year increase. This volume comprises 9,137 MU from the conventional power market segment, 236 MU from the green market segment, and 15.20 lakh Renewable Energy Certificates (RECs) (equivalent to 1,520 […] Read more
Cleantech Solar Raises Rs 6.25 Billion From Tata Capital for Indian RE Projects Updated On Thu, Feb 1st, 2024 by Saurenergy Singapore headquartered Cleantech Solar has successfully secured a substantial long-term senior secured loan facility of Rs 6.25 billion from Tata Capital Limited. This funding is earmarked for bolstering its open access portfolio within India. Cleantech Solar stands as a prominent provider of renewable energy solutions catering to corporate entities across India and Southeast Asia. It […] Read more
ADB Issues its Largest Local Currency Green Bond in Indian Rupees Updated On Wed, Jan 31st, 2024 by Saurenergy The Asian Development Bank (ADB) has raised 12.5 billion Indian rupees (about $150 million) through its largest local currency green bond issue to date. The issue is structured as a 4-year currency-linked bond, with a bullet repayment at maturity and carrying a fixed interest rate of 6.72% per year, ADB said in a media release […] Read more
IEX December Market Update- Green Market Slide Continues with 60% Drop Updated On Thu, Jan 4th, 2024 by Saurenergy Indian Energy Exchange,(IEX) India’s premier energy exchange, achieved 9,707 MU overall volume in December’23, including 10.52 Lac Renewable Energy Certificates (RECs) (equivalent to 1052 MU), marking a 14.9% increase on YoY basis. IEX achieved 8,655 MU total electricity volume in December 2023, registering an increase of 8.7% on YoY basis. For the third quarter of […] Read more
Growatt’s WIT+APX Energy Storage System Aims For Emerging Storage market Updated On Wed, Jan 3rd, 2024 by Saurenergy Growatt’s ‘WIT+APX’ C&I energy storage system, designed for commercial, industrial, and micro-grid scenarios, offers eight distinct application modes: self-consumption, peak shaving, demand charge, power expansion, micro-grid, backup power, and power quality. The flexibility to meet the requirements of diverse customer needs is a function of not just the product design, but the firm’s belief that […] Read more
