SAEL Makes Debut In Global Bond Markets With $305mn Green Bond Updated On Fri, Jul 26th, 2024 by Saurenergy SAEL group has successfully issued its debut US dollar-denominated bonds in the international markets. This bond marks the group’s first issuance in the international capital markets, providing the Company access to a deep, alternative pool of liquidity to complement funds available through domestic Indian lenders, the firm said today. The US$ 305 million green bond […] Read more
SWREL Gets Two Projects In Rajasthan And Karnataka Updated On Fri, Jul 26th, 2024 by Saurenergy Leading EPC firm Sterling and Wilson Renewable Energy Limited (SWREL), received two domestic orders. One order is for an EPC project for a GWH-scale stationary battery energy storage project in Rajasthan. This project is for a 500 x 2 (1,000 MWhr) standalone BESS plant in the region. Additionally, the company also secured a 20 MW […] Read more
Rajasthan To Allows Pvt Edu Centers To Use Net-Billing During Vacations Updated On Fri, Jul 26th, 2024 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has now approved its proposal to allow educational institutions in Rajasthan (including private entities) to use net-billing provisions for their rooftop solar connections. Earlier, the Commission had brought out a draft regulation to allow educational institutions to use the benefit of net-billing for two months in a year when […] Read more
SJVN Secures First Pumped Storage Project In Mizoram Updated On Fri, Jul 26th, 2024 by Saurenergy SJVN recently announced that it received a Letter of Intent (LoI) for the allotment of the 2,400 MW Darzo Lui Pumped Storage Project (PSP) from the Mizoram government. This is the first project of the company in Mizoram. Th SJVN project is spread across Darzo Nallah, a tributary of the Tuipui River in Mizoram. The […] Read more
June 25- Green Energy EPC’s Weather A Down Day, Adani Green Buoyed By Q1 Results Updated On Thu, Jul 25th, 2024 by Saurenergy On a day when almost all Solar EPC stocks faced losses, including high flyer Shakti Pumps, wind energy stocks Suzlon and Inox Wind stood out with a strong show. Both have the benefit of a strong quarterly performance and bulging order books, making investors bullish about prospects again. For high flyers that could barely look […] Read more
Rays Power Experts Raises Rs 20 Cr Equity Funding Updated On Thu, Jul 25th, 2024 by Saurenergy Rays Power Experts, a leading full-service solar park developer in India, has raised INR 200 million in equity funding. The lead advisor for this transaction was Swastika Investmart Limited. The funding round included investments from prominent investors such as the Sunil Singhania family office, Vyom Wealth Advisors, Lalit Dua of Rajasthan Global Securities, Vineet Arora […] Read more
SaurEnergy Explains-India’s CSP Plans, China’s CSP Progress Updated On Thu, Jul 25th, 2024 by Saurenergy Solar Thermal plants, a stop start technology for solar at scale is back in the news after SECI CMD RP Gupta announced plans for a 500 MW Concentrated Solar Power (CSP) tender by the end of the current financial year recently. The announcement has put the focus back on a solar based technology that has […] Read more
MNRE Office Gets LEED’s 4.1 Platinum ‘Green Building’ Certification Updated On Thu, Jul 25th, 2024 by Saurenergy The Akshay Urja Bhavan, hosting the office of the Ministry of New and Renewable Energy (MNRE) has now bagged the LEED 4.1 Platinum certification for ‘Green Buildings’. The building, unique in many senses, imbibes renewable energy and energy efficiency measures among others, paving the way towards sustainability. The certification was recently handed over to the […] Read more
PM Surya Ghar, Green Corridor, PM-KUSUM Get Financial Push Updated On Thu, Jul 25th, 2024 by Saurenergy The latest Union Budget presented by Union Finance Minister Nirmala Sitharaman indicated a financial push to several renewable energy schemes. This includes fresh or increased allocations for programmes like PM Surya Ghar, PM-KUSUM scheme, Green Corridors, Green Hydrogen and grid-connected hydro projects. Details from the budget’s expenditure documents revealed that the ministry allocated Rs 6,250 […] Read more