Gujarat Received Highest Central Aid Under Rooftop Solar Scheme: RK Singh Updated On Fri, Dec 8th, 2023 by Saurenergy Union Minister for New and Renewable Energy (MNRE) RK Singh furnished state-wise data of disbursement of Central Financial Assistance (CFA) to different Indian states under the Rooftop Solar Scheme-II. The written statement furnished by the minister claimed that Gujarat remained the highest beneficiary under the scheme by procuring the highest funds under the scheme to […] Read more
MNRE Issues Policy To Repower Wind Turbines Below 2MW Capacity Updated On Fri, Dec 8th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued its Wind Repowering and Life Extension Policy for wind projects. The ministry said that the initiative will likely boost the potential of wind energy generation from old and inefficient wind power projects by modifying the wind turbine structures (repowering). As per the National Institute of […] Read more
GoodWe Partners With Sunprime For Solar-Powered Smart Cowshed Updated On Thu, Dec 7th, 2023 by Saurenergy Leading inverter company GoodWe has announced a 500KWp solar project in India. This project marks the company’s first smart cowshed in the country, showcasing a potential model for energy independence in the nation’s dairy sector. The smart-cowshed, powered with solar energy was commissioned by GoodWe in collaboration with EPC leader–Sunprime Energy Solutions. It was powered […] Read more
NTPC Looks for Power Generators for Supply of 1500 MW Solar-Wind Projects Updated On Thu, Dec 7th, 2023 by Saurenergy NTPC Ltd. has issued a tender and invited online bids from eligible bidders on Single Stage Two Envelope (that is, envelope-I: technical bid and envelope-II: financial bid) with reverse auction for the selection of hybrid power generators for the supply of 1500 MW power from ISTS connected -solar-wind hybrid power projects anywhere in India (NTPC-Tranche-IV) […] Read more
Waaree Partners With IRCON To Supply Solar Modules To Karnataka Updated On Wed, Dec 6th, 2023 by Saurenergy Indian renewable energy company Waaree Energies Limited today announced its partnership with IRCON Renewable Power Ltd. to supply over 200 MW of DCR category solar PV modules for Karnataka. IRCON Renewable Power Ltd., a subsidiary of the public sector undertaking IRCON International Ltd., is a Special Purpose Vehicle (SPV) for the setting up of a […] Read more
CERC Allows Uttarakhand RE Generator To Avail RECs Despite Delays Updated On Tue, Dec 5th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement used its ‘Power To Relax’ provision to provide relief to Uttarakhand-based renewable energy generators in the matter of the issuance of Renewable Energy Certificates (REC). The order was passed when the petitioner, Dhanashree Agro Products, a Haridwar-based sugar mill, moved the CERC. The sugar mill uses bagasse […] Read more
Adani Green Seals Its Largest Project Financing Of USD 1.36 billion Updated On Tue, Dec 5th, 2023 by Saurenergy Adani Green Energy Ltd (AGEL) announced a follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks. The renewable energy firm said that the green loan facility would play a pivotal role in enabling the development of AGEL’s next […] Read more
PV Solar Panel Manufacturer Alpex Solar Limited files DRHP, To Be Listed With NSE Emerge Updated On Tue, Dec 5th, 2023 by Saurenergy Greater Noida- based Alpex Solar Limited, has announced the filing of its Draft Red Herring Prospectus (DRHP) with NSE Emerge. The offering comprises a fresh issuance of 64,80,000 equity shares with a face value of Rs. 10 for each share. Alpex Solar clocked a revenue of Rs. 183.93 crore in FY23, up from Rs. 156.06 […] Read more
ReNew Signs MoU with Asian Development Bank for US$ 5.3 billion Funding Updated On Tue, Dec 5th, 2023 by Saurenergy ReNew Energy Global Plc (“ReNew”), on Sunday, signed a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) to collaborate on climate change mitigation and adaptation projects. The MoU covers projects with investment value of more than US$ 5.3 billion between 2023 and 2028. The MoU was signed at COP28, Dubai by ReNew’s Founder, […] Read more
