GUVNL Issues Tender for 600 MW Solar Capacity with Greenshoe Option Updated On Wed, Jul 5th, 2023 by Saurenergy Gujarat Urja Vikas Nigam Ltd (GUVNL) has issued a tender for the purchase of power via competitive bidding process followed by reverse e-auction from 600 MW grid connected solar photovoltaic power projects to be set up in GIPCL’s (Gujarat Industries Power Company Ltd) solar park at Khavda, Gujarat with greenshoe option of additional capacity upto […] Read more
Indu Shekhar Chaturvedi Assumes Role of Director General at Electric Power Transmission Association Updated On Wed, Jul 5th, 2023 by Saurenergy The Electric Power Transmission Association (EPTA), an association consisting of leading private electricity transmission developers, industry stakeholders, and experts in electricity transmission, announced the appointment of Indu Shekhar Chaturvedi to the position of Director General. In his role, Chaturvedi will be responsible for leading EPTA’s efforts to promote the development of a robust, reliable, and […] Read more
IEX Sees 8% Volume Increase YoY in June ’23 to Reach 8946 MU Updated On Wed, Jul 5th, 2023 by Saurenergy Indian Energy Exchange (IEX), India’s premier energy exchange, achieved 8946 MU overall volume in June 2023, including green market trade of 272 MU, 5.33 lac RECs (equivalent to 533 MU) and 2.44 lac ESCerts (equivalent to 244 MU). The overall volume during the month was higher 8% on YoY basis. IEX achieved 25,125 MU volume […] Read more
Cleantech Solar to Develop C&I Solar PV Projects of 60 MWp Capacity in Tamil Nadu Updated On Wed, Jul 5th, 2023 by Saurenergy Cleantech Solar, which offers renewable energy solutions to corporations in India and Southeast Asia, has entered into long-term power purchase agreements (PPAs) with Commercial & Industrial (C&I) customers in Tamil Nadu. The agreements pave the way for the establishment of 60 MWp of open access solar park in Tirunelveli district in the state. Power supplied […] Read more
ZincFive Closes $80 Million Capital Partnership with Orion Infrastructure Capital Updated On Tue, Jul 4th, 2023 by Saurenergy ZincFive, a nickel-zinc (NiZn) battery-based solutions provider, announced a strategic partnership with Orion Infrastructure Capital (OIC). The capital investment will provide ZincFive up to $80 million via a term loan to fuel the company’s global commercial adoption in existing and new markets, including mission-critical applications in data centres, industrial engine starting, and other high-power energy […] Read more
Nuru Gets $40 Million For Delivering Solar In Power Starved DRC Updated On Tue, Jul 4th, 2023 by Saurenergy Nuru, one of Africa’s pioneering renewable energy-powered metrogrid companies, has announced the successful close of over $40m in Series B equity funding and anticipates the close of an additional $28m in project finance by the end of the month. The funds will enable Nuru to commence construction on 13.7 MWp of projects, expanding its existing […] Read more
Waaree Commissions 122 MWp of Solar Project At Khandwa In MP Updated On Tue, Jul 4th, 2023 by Saurenergy Waaree Renewable Technologies Ltd. (WRTL), a subsidiary of Waaree Energies Ltd, has now announced the commissioning of 87.5MW (122.5MWp) of EPC solar power project in the Khandwa district of Madhya Pradesh. This project was developed by Waree for UPC Renewable Energy Pvt Ltd’s subsidiary Masya Solar Energy Pvt Ltd. The clean energy project is spread […] Read more
DRE Finds A Footing In India, Powered By Solar Updated On Tue, Jul 4th, 2023 by Saurenergy Laxmi Bhuyan is a 58-year-old woman from the Sindiba village in the Gajapati district of Odisha. This tribal village, with swatches of fertile land around the village periphery, bolstered the local farmers to grow different fruits and vegetables around the year. However, the raw fruits often yielded low prices for the producers. On the other […] Read more
Haryana Offers 75% Subsidy Support Under PM-KUSUM Updated On Mon, Jul 3rd, 2023 by Saurenergy Haryana Renewable Energy Development Agency (HREDA) has now issued notification seeking applications from farmers for solar irrigation pump connections under the Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyaan (PM-KUSUM). The notification asked the eligible farmers to apply up to July 12, 2023. Under the scheme, the Haryana government is offering a 45 percent subsidy from the state […] Read more
