Waaree Energies Raises INR 1000 Crore in Second Round of Funding Led by ValueQuest Updated On Mon, Aug 7th, 2023 by Saurenergy Waaree Energies Limited (WEL), India’s largest solar module maker right now, has successfully raised a round of equity funding, amounting to approximately INR 1000 crore. The investment round was led by ValueQuest, an investment focused on sustainable and progressive ventures. Waaree Energies Ltd. had earlier raised a primary round of ~INR 1040 crore from a […] Read more
Manager – Oil & Hydrogen Updated On Fri, Aug 4th, 2023 by Saurenergy As a manager in the fuels practice you will get an opportunity to lead consulting assignments and support some of the largest energy companies in the world in achieving energy transition towards low carbon fuels. You will work in an integrated, cohesive and close-knit team with motivated and passionate individuals who want to make a […] Read more
India’s Installed Power Capacity Twice Its Peak Demand: Singh Updated On Fri, Aug 4th, 2023 by Saurenergy Union Power Minister RK Singh said today that India’s total installed electricity generation capacity is now almost double its peak demand. He also boasted that due to the transformation of the Indian power sector, the export of power to neighboring countries became a reality. The minister said, “Today, India has an installed capacity of 421,000 […] Read more
Jharkhand Releases Tender For O&M of 212 Mini-Grids Updated On Fri, Aug 4th, 2023 by Saurenergy The Jharkhand Renewable Energy Development Agency (JREDA) has now issued tenders to outsource the Comprehensive Maintenance Contract & Operation (CMCO) of 212 solar mini-grids/microgrids installed in seven districts of the state. The state nodal agency has asked the prospective bidders to submit their bids by the end of August 22. JREDA will open the technical bids […] Read more
August ALMM Update, Approved Capacity Nears 20 GW Updated On Fri, Aug 4th, 2023 by Saurenergy The Approved Models and Manufacturers of Solar Photovoltaic Modules (ALMM), which is a key measure announced by the MNRE in 2019 to give a boost to domestic manufacturing and reduce reliance on imports has updated its list. The list mandates the enlistment of only those models of solar PV module manufacturers, under ALMM, which comply […] Read more
A Case For Green Financing For More Transmission Infrastructure Updated On Fri, Aug 4th, 2023 by Saurenergy In a provocative blog on the importance of the transmission sector and its role in the energy transition, two world bank staffers make the case for expanding the definition of green projects when it comes to transmission projects, to ensure faster adaption of these vital infrastructure to handle green energy projects. The article comes at […] Read more
12 States Now Host India’s 50 Solar Parks Updated On Fri, Aug 4th, 2023 by Saurenergy Recent data from Lok Sabha shared by the Union Minister of New and Renewable Minister RK Singh indicated that solar parks have made its entry to 12 Indian states. At the same time, it is still a non-starter in many other states. A written reply by the minister said that these 12 states now host […] Read more
Torrent Power to Supply 132 MW Solar Power for Shapoorji Pallonji’s Desalination Plants Updated On Fri, Aug 4th, 2023 by Saurenergy Torrent Power Ltd. has, through its subsidiary Torrent Urja 8 Private Limited, entered into a Power Transfer Agreement with subsidiaries of Shapoorji Pallonji & Company Private Limited (SPCPL). The agreement will pave the way for the supply of 132 MW solar power for its desalination plants in the state of Gujarat. The value of the […] Read more
Chintan Shah Joins NSEFI’s Advocacy For India’s Energy Transition Updated On Fri, Aug 4th, 2023 by Saurenergy Renewable Industry Veteran Chintan Shah joins National Solar Energy Federation of India (NSEFI) as Principal Advisor and will be playing a key role in organization’s advocacy efforts to accelerate India’s Energy Transition. Shah is bringing extensive expertise spanning three decades in various key roles within India’s Renewable Energy sector. He has demonstrated proficiency in Solar, […] Read more
