India Proposed Renewable Energy Financing Obligation (REFO) Updated On Tue, Feb 25th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now proposed a new intervention to boost the flow of financing to the renewable energy sector in the country. This comes as the demand for faster deployment of renewable energy becomes significant keeping in light India’s target of 500 GW of non-fossil fuel in 2030. Union […] Read more
FDRE Projects Prone To Several Financial Risks, Says EMBER Updated On Tue, Feb 25th, 2025 by Saurenergy A new report from Ember maps various financial risks associated with renewable projects. Based on the assessment of these risks, the report estimates the premiums associated with them and the overall impact of the risks on the cost of capital. The report moves beyond traditional “thumb rules” for calculating risk premiums by adopting a data—and […] Read more
SJVN Floats 375 MW/1500 MWh BESS Tender For UP Project Updated On Mon, Feb 24th, 2025 by Saurenergy SJVN has recently issued a tender seeking bids from developers to build a 375 MW/1500 MWh standalone Battery Energy Storage System (BESS) in Uttar Pradesh. The tender also offers Viability Gap Funding (VGF) under Tariff-Based Competitive Bidding (TBCB) on a Build-Own-Operate (BOO) basis. SJVN is accepting bids until March 28, 2025. The project aims to […] Read more
Green Stocks Feb 24: An End To Pain In Sight? Updated On Mon, Feb 24th, 2025 by Saurenergy It might sound like a contrarian perspective, but we believe that the end to market pain is in sight. And with that, the steep correction in our green energy pack as well. This is a matter of valuations, the impact (or non-impact) of anticipated events like Trump tariffs, and a change in market dynamics in […] Read more
IRFC Lends ₹7,500 Cr Term Loan To NTPC REL For RE Projects Updated On Mon, Feb 24th, 2025 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NTPC GEL), has accepted the Indian Railway Finance Corporation (IRFC) bid of ₹7,500 crores to finance a Rupee Term Loan (RTL). The bid was made in response to the Request for Proposal (RFP) dated January 17, 2025 by NTPC Green […] Read more
Hoymiles Appoints Sun Solista As India Authorised Distributor Updated On Mon, Feb 24th, 2025 by Saurenergy Hoymiles, a global leader in smart solar solutions, has announces the appointment of Delhi-based Sun Solista as its new Authorized Distributor for India. This strategic partnership marks a significant milestone in Hoymiles’ mission to expand access to cutting-edge solar technology across the country, empowering businesses and homeowners with efficient, reliable, and sustainable energy solutions. With […] Read more
France’s EDF In Separate Deals with NTPC, Coal India For PSP, Renewable Projects Updated On Mon, Feb 24th, 2025 by Saurenergy It’s been a busy weekend for French Energy major EDF in India, as the French government backed utility signed agreements with NTPC Limited, a Maharatna company of India to develop (including construction), own, operate and maintain pumped storage project(s) and/or any other hydro power project(s) or Hydro Project(s) bundled with other Renewable Energy projects and […] Read more
With A Focus On TOPCon, Cosmic PV Eyes 3 GW Capacity Soon Updated On Fri, Feb 21st, 2025 by Saurenergy Surat-based solar module manufacturer Cosmic PV Power is set to expand its cumulative solar module manufacturing capacity to 3 GW shortly. The company’s top management told Saur Energy that its proposed 1,600 MW TOPCon cell-based module plant is expected to become operational in the first quarter of FY26. Shravan Gupta, Managing Director (MD) of Cosmic […] Read more
Green Stocks Feb 21: Stocks Struggle To Hold Gains Updated On Fri, Feb 21st, 2025 by Saurenergy It was deja vu time for green energy shareholders today, as most stocks struggled to hold on to the gains made yesterday. Shakti Pumps which had been pumped up a full 5% yesterday, and EPC player Waaree RTL were the exceptions, as they continued to build on yesterday’s gains. Others like Premier Energies continued to […] Read more