Capri Global, Credit Fair Partner To Offer Solar Finance For MSMEs Updated On Wed, Oct 16th, 2024 by Saurenergy Mumbai-based non-banking financial company (NBFC) Capri Global Capital Ltd (Capri Loans) launched its rooftop solar finance product under the Micro, Small and Medium Enterprises (MSME) Loans. The creditor will help individuals and businesses harness solar energy for self-use. Capri Solar Finance offers financing solution with no collateral, and minimal documentation, it said. The company claims […] Read more
ITC Commissions Second Offsite Solar Plant in Karnataka Updated On Tue, Oct 15th, 2024 by Saurenergy ITC Limited has recently commissioned its second offsite solar plant in Karnataka with a capacity of 9.45 MW in the Davangere district. The facility is ITC’s 4th offsite solar plant in the country, with similar units earlier built in Tamil Nadu, Uttar Pradesh and Karnataka. ITC Limited has set itself the target to meet 100% […] Read more
SunDrive Partners With Trinasolar To Advance Solar Manufacturing In Australia Updated On Tue, Oct 15th, 2024 by Saurenergy SunDrive Solar, an Australian solar innovation provider, and Trinasolar, a Chinese solar manufacturers, have signed a Memorandum of Understanding (MoU) to form a majority Australian-owned joint venture (JV). This joint venture aims to support solar manufacturing capabilities in Australia, strengthen the nation’s energy security and contribute to country’s renewable energy goals. With SunDrive’s solar technology […] Read more
The Rise of Solar Co-ops: Collective Action for Installation Initiatives Updated On Fri, Oct 11th, 2024 by Saurenergy By-Shreesh Chaturvedi India, now the world’s most populous country with 1.4 billion people, faces heightened energy demands due to its expanding population and robust economic growth. In response, the country has committed to reducing its carbon intensity by over 45% by 2030, achieving 50% of its total electric power capacity from renewable sources by 2030, […] Read more
Off Grid Solar Market- 5 Key Takeaways From 2024 Trends Report Updated On Thu, Oct 10th, 2024 by Saurenergy GOGLA and the Energy Sector Management Assistance Program (ESMAP) of the World Bank have released the 2024 report on Solar Market Trends for Off Grid Solar (OGS). Released every two years, this 7th edition in the series covers 2022 and 2023. The latest Off-Grid Solar Market Trends Report (MTR) 2024, warns that a 6-fold increase […] Read more
Livguard Unveils High-Frequency Solar Inverters Updated On Wed, Oct 9th, 2024 by Saurenergy Livguard, under SAR Group, launched their new line of High-Frequency Solar Inverters exclusively at the ongoing 17th Renewable Energy India Expo (REI) 2024. These new products were unveiled at the India Expo Center, Greater Noida during the ceremony led by Alankar Mittal, President Business Unit Head, Solar & Exports. “The newly launched Hybrid Series and […] Read more
Saatvik Solar Wins 213 MW Solar PV Modules Contract From L&T Updated On Wed, Oct 9th, 2024 by Saurenergy Indian solar module maker Saatvik Solar has inked an agreement with Larsen & Toubro (L&T) to supply a 213 MW order for solar PV modules. This order is designated for L&T Energy’s 245 MW Bihar Battery Energy Storage System (BESS) project. Of this, 185 MW will power a solar PV grid-connected power plant, while 45.4 […] Read more
India’s Solar Sector Buoyant On New Growth Trajectory Updated On Wed, Oct 9th, 2024 by Saurenergy FY24-25 is likely to be remembered as a milestone year for India’s solar sector. Not only is capacity addition this year expected to hit a new high, but the year is also likely to see the 25 GW mark breached for the first time, with almost 15 GW added in H1 itself. Significantly, the spike […] Read more
RMC Switchgears Limited Wins ₹201 Crore Solar Project in MH Updated On Wed, Oct 9th, 2024 by Saurenergy RMC Switchgears Limited has bagged an order as part of a consortium for solarization of agricultural feeders in Maharashtra. The bid was made through competitive e-reverse auction. This project is located in Ahmednagar district of Maharashtra. It will operate three separate (EPC) Engineering, Procurement and Construction contracts with operations and maintenance for three years. The […] Read more
