Indian Renewable Energy Lending Up By 60%, Says CFA Report Updated On Thu, Dec 19th, 2024 by Saurenergy The latest report from the Centre for Financial Accountability (CFA) said that lending for renewable energy projects in India has increased. CFA released its seventh annual Coal Versus Renewables Investment report today, shedding the light on the issue. The report, which traditionally looked at project finance lending to coal, solar, and wind, increased its scope […] Read more
High Solar Cell Price Can Push Up Tariffs For Developers: CRISIL Updated On Wed, Dec 18th, 2024 by Saurenergy The government’s move to extend the Approved Lists of Models and Manufacturers (ALMM) to solar cells from June 1, 2026, envisions accelerating solar cell manufacturing in India. An analysis by CRISIL Market Intelligence & Analytics estimates domestic capacity can make solar cells more than quadruple to 43-47 GW by June 2026 from 10 GW in […] Read more
Refex, LC Infra Collaborate For 150 MW MAHAGENCO Solar Project Updated On Wed, Dec 18th, 2024 by Saurenergy Tamil Nadu-based Refex Renewables & Infrastructure Limited recently incorporated LC Infra Solar LLP as its new step-down subsidiary. The new entity is designed to build a 150 MW solar power project. Maharashtra State Power Generation Co. Ltd. (MAHAGENCO) awarded this project to Refex. To develop this project, the company established the subsidiary through an initiative […] Read more
Federal Bank, Ecofy Tie Up For Boosting Rooftop Solar Financing Updated On Wed, Dec 18th, 2024 by Saurenergy Federal Bank has announced partnering with green fintech company Ecofy to offer innovative financing solutions for MSMEs investing in commercial rooftop solar installations. This collaboration marks one of the first comprehensive co-lending partnerships specifically designed to address the unique solar financing needs of the MSME sector, the companies said. The program targets financing 3,600 kW […] Read more
NTPC Issues BoS Tender For 1.5 GW Of Solar Project At Bikaner Updated On Tue, Dec 17th, 2024 by Saurenergy NTPC Renewable Energy has recently released a tender to develop a 1.5 GW grid-connected solar project in Rajasthan. It issued this tender through a joint venture with NTPC Green Energy Limited (NGEL) and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL). The tender offers a ‘Balance of System Package’ to develop the project at RVUNL’s Solar […] Read more
Assistant Manager – PMO ( Solar Manufacturing Projects) Updated On Thu, Dec 12th, 2024 by Saurenergy Support area infrastructure planning efforts at various stages, facilitate development of cost estimates and budgets, and establish reasonable cost and schedule baselines. Scheduling / Planning: Developing L-1 to L-2 schedule, S-curve and extrapolating it to L-4 to L-5 breakdown. Creating WBS for L4-L-5 level by identify the critical chain of the task. Monitoring/identifying the resource […] Read more
Reliance Subsidiary Wins SECI’s 930 MW Solar, 1860 MWh BESS Project Updated On Thu, Dec 12th, 2024 by Saurenergy Reliance Power Limited (Reliance Power) subsidiary, Reliance NU Suntech Private Limited (Reliance NU Suntech), has won a 930 MW solar contract with a battery energy storage system project (BESS). Reliance secured this project from Solar Energy Corporation of India (SECI) in an e-reverse auction held on 9th December 2024. Reliance NU Suntech’s successful bid for […] Read more
Continuum Green Energy IPO Bound, To Raise Rs 3650 cr Updated On Tue, Dec 10th, 2024 by Saurenergy Mumbai Headquartered Continuum Green Energy Limited has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO). The green energy developer is backed by Just Climate and Morgan Stanley Infrastructure Partners. Continuum Green Energy primarily focuses on supplying green power […] Read more
DartSolar Build Expandable Solar Roof Rack To Charge EVs In Off Grid Areas As Well Updated On Tue, Dec 10th, 2024 by Saurenergy US-based DartSolar LLC recently invented an expanding solar roof rack that provides 10 to 20 miles of charge per day. DartSolar LLC has launched a 1,000-watt solar roof rack that is water-, wind-, and dust-proof. The structure is 1.5 inches tall, the solar rack expands in only 15 seconds to deliver a 1,000 solar array. Key […] Read more