COP29 Needs Clear Roadmap To Spur Lending For RE Projects: IEEFA Updated On Fri, Nov 8th, 2024 by Saurenergy At the 29th Conference of Parties (COP29) in Baku, dubbed the “climate finance COP”, representatives of different countries should deliver key decisions to design policies and regulations and offer institutional support that encourages banks to lend more to the renewable energy sector, a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) states. The […] Read more
CESL Issues Tender To Bring 1,800 Cargo E-Cycles In Four States Updated On Fri, Nov 8th, 2024 by Saurenergy To scale up the demand for energy efficiency projects in India, Convergence Energy Services Limited (CESL), an Energy Efficiency Services Limited (EESL) subsidiary released a tender to promote micro-mobility solutions in Bihar, Kerala, and Madhya Pradesh. CESL’s latest tender uses part of the financing received by the Indian government from the Asian Development Bank (ADB). […] Read more
Insolation Energy Reports 307% Surge In Profits In H1 Updated On Fri, Nov 8th, 2024 by Saurenergy Indian solar module manufacturers Insolation Energy (INA Solar) has published its latest financial results for the first half of FY25. The latest report revealed that the firm reported an increase in its total revenue and net profits in H1FY25, compared to H1 of FY24. The financial results said that the company led by Manish Gupta […] Read more
RE Push Can Lead To 24% Dip In Coal Power Generation By 2030: CEEW Study Updated On Fri, Nov 8th, 2024 by Saurenergy India’s current climate policies are already helping bend its long-term emissions curve and are projected to reduce CO2 emissions by almost 4 billion tones between 2020 and 2030, a latest report from the Council on Energy, Environment and Water (CEEW) said. This reduction is equivalent to nearly 1.6 times the European Union’s CO2 emissions in […] Read more
Grid Compliance Specialist Updated On Thu, Nov 7th, 2024 by Saurenergy Systems engineering is a cross-functional engineering discipline centered on an approach, mindset, and process. All activities that consider both the business and the technical needs of the customers with the goal of providing a quality product that meets the user’s needs. The discipline that executes a robust process of design, creation, and optimization of systems, […] Read more
Noida International Airport Set To Boost Renewable Energy Usage Updated On Thu, Nov 7th, 2024 by Saurenergy Noida International Airport (NIA), today entered into a partnership with Tata Power, an integrated power company, to incorporate renewable energy into the aviation company. Under this arrangement, Tata Power Trading Company Ltd. (TPTCL) plans to supply 10.8 MW of wind power to NIA, sourced from Tata Power Renewable Energy Ltd. (TPREL). Additionally, TPREL plans to […] Read more
Rajasthan Discom Issues Tender Under PM-KUSUM (Component-A) Updated On Thu, Nov 7th, 2024 by Saurenergy In a bid to expand the growth of solar power under PM-KUSUM, the Ajmer Discom, Ajmer Vidyut Vitran Nigam (AVVNL) has issued a tender, inviting proposals from interested applicants to set up decentralized solar power plants with capacities from 0.5 MW to 2 MW, to be connected to 33/11 kV substations as identified by Ajmer […] Read more
Five Takeaways From CERC’s Short-Term Power Market Report Updated On Thu, Nov 7th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) has published its annual report on the short-term electricity market for 2023-24. The report sheds light on the growth of the short-term market in the country, the rise of power transactions through power exchanges, and other topics. Following are the five main takeaways from the report- Short-term market is […] Read more
IFC Invests $400Mn To Support Bajaj Finance Climate Fundraising Updated On Thu, Nov 7th, 2024 by Saurenergy The International Finance Corporation (IFC), the World Bank’s private sector focused entity that offers investment, advisory, and asset-management services recently partnered with NBFC Bajaj Finance Limited (BFL) to invest $400 million. This is part of a $1 billion fundraising initiative by BFL. BFL raised IFC’s $400 million loan to expand financing options for customers buying […] Read more
