Torrent Power, ARS Steel Collaborate To Build 50 MW Solar Project In Tamil Nadu Updated On Tue, Jul 9th, 2024 by Saurenergy Torrent Power subsidiary TU14 recently signed a share subscription and shareholders’ Agreement (SSSA) with ARS Steels & Alloy International Private Limited. This agreement was signed between Torrent Power Limited, ARS Steels & Alloy International Private Limited and Torrent Urja 14 Private Limited (TU14). Torrent Power announced the signing of share subscription and shareholders’ agreement amongst […] Read more
Cleantech Solar Secures Rs 855 Cr Financing From Aseem Infrastructure Finance Updated On Tue, Jun 25th, 2024 by Saurenergy Cleantech Solar, a renewable energy solution provider with operations in India and Southeast Asia, has announced the financial close of a long-term senior secured loan of Rs. 855 crores from Aseem Infrastructure Finance Limited. This loan is to expand the company’s open-access Commercial and Industrial (C&I) portfolio in India. The Rupee Term Loan (RTL) is […] Read more
India Adds 11GW Solar Capacities In The First 5 Months Of 2024 Updated On Wed, Jun 12th, 2024 by Saurenergy The latest statistics from the Ministry of New and Renewable Energy (MNRE) revealed that India added around 11 GW of new solar capacities in the first five months of 2024. However, wind capacity additions remained on a lower side. The latest monthly renewable energy capacity report from the MNRE said that India added 2463.82 MW […] Read more
BluPine Energy Signs PPA with APL Apollo Group For 61.65 MW Solar Plant Updated On Mon, Jun 10th, 2024 by Saurenergy BluPine Energy, established in India by global infrastructure investor Actis, has announced the signing of a Power Purchase Agreement (PPA) with APL Apollo Building Products (a wholly owned subsidiary of APL Apollo Tubes Limited), India’s largest structural steel tubes & pipes manufacturing company. The pact was signed for the establishment of a 61.65 MW solar […] Read more
Exempt 100% Of ISTS Charges For RE Power Till 2030: IEEFA Updated On Thu, May 23rd, 2024 by Saurenergy The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research and Analytics have prepared and shared a list of key recommendations that the new Union government post-elections should take up in the first 100-days to reach the renewable energy targets up to 2030. As per the Indian government’s own target it wants to […] Read more
Maharashtra Plans Allowing Virtual Net-Metering To Boost RTS Updated On Thu, May 23rd, 2024 by Saurenergy In a bid to promote rooftop solar installations, the Maharashtra Electricity Regulatory Commission (MERC) has proposed to allow virtual net-metering for residential consumers. The move is meant to empower the urban residents living in multistoried buildings to get the benefits of reducing the monthly electricity bills by adopting solar power through virtual net-meters. The same […] Read more
SaurEnergy Explains: A Guide to Green Power Trading Updated On Fri, May 17th, 2024 by Saurenergy The world has witnessed exponential growth in the renewable energy sector, particularly over the last decade, as the importance of renewable energy has become common knowledge. According to one IRENA report, 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3,870 Gigawatts (GW) globally. Furthermore, renewables […] Read more
News In Brief On May 2 – Sunsource, GCLSI, Solar Consortium, South Africa Solar Updated On Thu, May 2nd, 2024 by Saurenergy SunSource Energy commissions a Solar Power Project for CtrlS, Asia’s Largest Rated 4 Hyperscale Data Center Operator SunSource Energy, a leading distributed solar energy company has commissioned a Solar power project for CtrlS, Asia’s largest rated 4 hyperscale Data Centre operator. Under the terms of the agreement, the Noida Data Center of CtrlS is receiving […] Read more
Manager – Power & RE Updated On Tue, Apr 16th, 2024 by Saurenergy Project Delivery:- Anchor and lead power market assignments for ICF in India Anchor and lead regulatory and market reform assignments funded by Development Institutions Carry out deep analytical work and deliver outstanding output to Clients Key Knowledge Areas:- Open access and C&I Market, Power sector regulations, Good understanding of ARRs and associated regulatory matters, Green […] Read more