Maharashtra Discom To Get Solar Energy At Rs 3.30/Unit Under Rural Solar Scheme Updated On Mon, May 15th, 2023 by Saurenergy The Maharashtra State Electricity Distribution Company Limited (MSEDCL) is now all set to procure 150 Megawatt (MW) of solar power on a long-term basis under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) at the rate of Rs 3.30 per unit. The Maharashtra Electricity Regulatory Commission (MERC) also approved these rates recently. The scheme allows farmers or […] Read more
Yes Bank Announces ‘YES KIRAN’ Solar Financing Scheme For MSMEs Updated On Tue, May 9th, 2023 by Saurenergy Private sector bank – Yes Bank, which has come back to life after an RBI led intervention – has come up with a novel lending proposition that will help expand the solar power systems in the country in decentralised manner. Yes Bank has announced the launch of its new lending scheme called ‘YES KIRAN’ under […] Read more
Renewable Startups Now Have Better Funding Avenues: Abhishek Pillai, Solar Ladder Updated On Thu, May 4th, 2023 by Saurenergy Abhishek Pillai is one of the three co-founders who started Solar Ladder, a supply chain startup, four years ago. The three co-founders laid the firm’s foundation around the end of their London School of Economics course. The firm has around 250+ solar EPC (Engineering, Procurement, and Construction) installers on board four years later. It also […] Read more
Supply Chain Startup Solar Ladder Secures Rs 11 Crore Funding Updated On Thu, May 4th, 2023 by Saurenergy In a key development that signifies the expanding solar power supply chain in India, Mumbai based Solar Ladder has announced that it has secured Rs 11 crore in seed funding. Solar Ladder is a platform that manages the supply chain for solar installation firms. The funds have been raised from Axilor Ventures, Titan Capital, DeVC, […] Read more
KSERC Allows Cochin Port Authority To Re-Tender For 1.5MWp Floating Solar Updated On Wed, May 3rd, 2023 by Saurenergy The Kerala State Electricity Regulatory Commission (KSERC) has allowed Cochin Port Authority to re-tender for the development of 1.5 MWp Grid Connected Floating Solar PV plant at Willingdon Island of the Port Authority under RESCO Model (BOOT) for 25 years. The court also allowed PPA for the 1.5 MWp Floating Solar and grid-connection of the […] Read more
Mahindra Solarize, Ecofy Collaborate for 500 Solar Rooftops in Retail Segment Updated On Fri, Mar 17th, 2023 by Saurenergy Solar energy firm Mahindra Solarize has announced collaboration with Ecofy to step-up financing and installation of rooftop solar in the retail segment. Ecofy is an NBFC. Mahindra Solarize will help facilitate collateral free loans for solar rooftop installation. This will help in to accelerate green energy adoption in India. Both Mahindra Solarize and Ecofy believe […] Read more
Electriq Power Secures $300 Million for Solar+Storage Financing Updated On Fri, Mar 17th, 2023 by Saurenergy Silicon Valley-based Electriq Power which provides intelligent energy storage and management for households and small businesses, has announced that it has entered into a multi-year agreement with a major US clean-energy company for financing purposes. The provider company provides a platform that designs, proposes and finances solar and storage projects nationwide. Electriq Power said that […] Read more
Community Solar: An Explainer Updated On Thu, Mar 2nd, 2023 by Saurenergy Rooftop solar has established itself as an attractive option for green transition enthusiasts who are also looking to bring down their energy costs. The last decade saw solar prices come down considerably, which made the technology even more attractive. However, Rooftop solar becomes unappealing to most lower-income households because of the higher cost per kilowatt […] Read more
How China Ensured 55 GW Of Rooftop Solar In 2022 Updated On Mon, Feb 13th, 2023 by Saurenergy The solar industry thrived in India with an addition of about 14 GW in the year 2022. Even so, it fell short of its 2022 solar target of a cumulative 100 GW comprehensively, ending up at 62 GW, with total rooftop solar at barely 7 GW. Meanwhile, in China, with the highest installed capacity and […] Read more
