Cabinet Approves Viability Gap Funding For Offshore Wind Updated On Thu, Jun 20th, 2024 by Saurenergy The Indian Union Cabinet chaired by Prime Minister Narendra Modi recently approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects. The total outlay of the scheme stood at Rs 7,453 crore. The fund included an outlay of Rs 6,853 crore for the installation and commissioning of 1 GW of offshore wind energy […] Read more
Brookfield To Get IFC Funds For 550 MW Rajasthan Solar Park Updated On Wed, Jun 19th, 2024 by Saurenergy A portion of the funding required by Brookfield Asset Management to construct a 550-MWp solar park in the Indian state of Rajasthan would come from the International Finance Corporation (IFC). The Canadian organisation will be compensated USD 105 million (EUR 98 million) for long-term non-convertible debentures that are assigned to the special purpose vehicles of […] Read more
NTPC REL Invites Bids For 1000 MW Wind Energy Project In Karnataka Updated On Wed, Jun 19th, 2024 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has invited bids for the balance of the system package of an Inter-State Transmission System (ISTS)-connected wind energy project with a capacity of 1000 MW in Davangere Region in Karnataka under (Tranche-IV). The NTPC-REL tender was mandated the bidders to take up the responsibility of detailed design, engineering, micro-siting, […] Read more
Green Stocks June 18: Shakti Pumps Sees Highest Surge In Stock Price Updated On Tue, Jun 18th, 2024 by Saurenergy The green energy stock market today remained mostly stagnant with no major price fluctuations. However, Indore-based solar pump company Shakti Pumps remained the leader among all the green energy companies in terms of their stock prices. Shakti Pumps reported a 5 percent rise in its stock prices. The second highest surge in stock price was […] Read more
Waaree Energies Founder Hitesh Doshi Recognized as Global Solar Leader at SNEC 2024 Updated On Tue, Jun 18th, 2024 by Saurenergy Mr. Hitesh Doshi, whose name has been synonymous not only with the firm he founded, but also the Indian solar sector, has been awarded the Global Solar Leaders Award (2024) for his outstanding contributions to solar industrial progress worldwide at SNEC 2024. The PV SNEC is the World’s largest solar expo by a distance, held […] Read more
Senior Manager – Materials Planning & Project Deliveries Updated On Tue, Jun 18th, 2024 by Saurenergy The Senior Manager – Materials Planning & Project Deliveries will be based in Hyderabad. In this position, you will report to the Head of APAC Planning. We are looking for a dynamic supply chain professional to lead supply & delivery planning activities within materials planning department. This individual will own customer order fulfilment for solar […] Read more
Rajasthan Solar Company Allocated Land For 3 GW Park Updated On Tue, Jun 18th, 2024 by Saurenergy Rajasthan has allocated land to establish a 3 GW solar power plant in the western part of the state. The land has been allocated to a state company in the Bikaner district. In the Bikaner district, 4,780 hectares (ha) of land have been given to the Rajasthan Solar Park Development Company for the construction of […] Read more
MNRE Allows BIPV, Balcony Solar Under PM Surya Ghar Updated On Tue, Jun 18th, 2024 by Saurenergy The Ministry Of New and Renewable Energy (MNRE) has now come out with a fresh set of guidelines for the implementation of the PM Surya Ghar Scheme. The scheme aims to install residential rooftop solar systems in one crore households. The new norms clarified that in case of paucity of rooftop space, the consumers can […] Read more
Bhutan Makes A Serious Push For Solar In 2024-25 Updated On Tue, Jun 18th, 2024 by Saurenergy Bhutan, one of the world’s few carbon negative countries, hasn’t felt the urgency to add more renewables to its significant hydropower resources until now. In its 2024-25 budget report, the country has finally made a serious start to plans to add other renewables, notably solar and wind energy to its energy mix. The document, which […] Read more
