Floating Solar Set To Make Jharkhand, Odisha New Hubs For Solar Parks Updated On Thu, Dec 21st, 2023 by Saurenergy The latest data shared by Union Minister for New and Renewable Energy RK Singh claimed that the proposed floating solar parks in Jharkhand and Odisha coal-bearing states will likely make these eastern states new hubs for solar parks. Currently, these two states are not considered renewable-rich states in India due to the low installed capacity […] Read more
AmpIn Energy Transition appoints Amit Kumar Mittal as COO-C&I Business Updated On Wed, Dec 20th, 2023 by Saurenergy AmpIn Energy Transition (Formerly Amp Energy India), has appointed Amit Kumar Mittal as Chief Operating Officer (COO- C&I Business) in line with its growth & expansion plans. Ampin has been focused on the C&I (Corporate and Industrial) segment with a special focus on firms with clear goals of powering operations 100% renewable energy. Amit is […] Read more
Chinese TOPCon Cell Major Jietai Solar Takes Aim At India, Turkey Markets Updated On Wed, Dec 20th, 2023 by Saurenergy Amidst all the uncertainty on ALMM exemption continuing beyond March next year, or India’s push for manufacturing progress in the solar supply chain, a key Chinese cell maker is still hopeful of making inroads into the Indian market. The firm, with a network spread across Jiangsu (marketing), Jiangxi (Industrial), and Anhui (Industrial) province in China […] Read more
Ultratech To Not Pay Unnecessary Charges For Captive Solar Plant: RERC Updated On Tue, Dec 19th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) in its latest judgement exempted Ultratech and its Special Purpose Vehicle (SPV)-Amplus Dakshin Private Limited (ADPL) against payment of cross subsidy, water cess and other charges for a captive solar plant based in Rajasthan. As per the petition of Ultratech Cement Limited (UTCL), ADPL was incorporated as a SPV […] Read more
First Floating Solar Project of Duke Energy Kicks Off in Florida Updated On Tue, Dec 19th, 2023 by Saurenergy The first floating solar project in Florida by clean energy firm Duke Energy is now operational and producing renewable energy. The floating solar project of close to 1 MW boasts over 1,800 solar panels floating atop two acres of water surface on a cooling pond at the Duke Energy Hines Energy Complex located in Bartow. […] Read more
Andhra Biggest Beneficiary Under Energy Efficient Public Lighting Updated On Mon, Dec 18th, 2023 by Saurenergy Andhra Pradesh is the biggest beneficiary of Union government’s energy efficiency scheme for public lighting through LEDs, data shared by the New and Renewable Energy Minister RK Singh before the Parliament revealed. The ministry in his written response before the Lower House of the Parliament (Lok Sabha) submitted state-wise details of coverage under the scheme. […] Read more
Sterling & Wilson Renewable Energy Raises INR 1,500 Cr via QIP Route Updated On Fri, Dec 15th, 2023 by Saurenergy Sterling & Wilson Renewable Energy Limited (SWRE) has announced the completion of a fundraise of INR 1,500 crore through Qualified Institutions Placement (QIP) route. The Securities Issuance Committee of Board of Directors, at its meeting held on December 14, 2023, approved the issue and allotment of 4,32,27,665 equity shares of face value Re. 1 each […] Read more
Bangalore EV Startup Exponent Energy Rakes Up $26.4 Mn in Series B Round Updated On Fri, Dec 15th, 2023 by Saurenergy A Bangalore-based startup that delves in rapid charging of electric vehicles, Exponent Energy, has pocketed $26.4 million in a Series B round that was led by Eight Roads Ventures. It also entailed a strategic investment from TDK Ventures. Other participants in the Series B round included existing investors such as Lightspeed, YourNest VC, 3one4 Capital, […] Read more
BluPine Energy Achieves Financial Closure for 120 MW Solar Project in Gujarat Updated On Thu, Dec 14th, 2023 by Saurenergy Renewable Energy Company BluPine Energy, established in India by global infrastructure investor Actis, announced financial closure for its 120 MW solar project situated in Gujarat, secured under the GUVNL 16 tender. The electricity generated from this plant will be supplied to Gujarat Urja Vikas Nigam Limited (GUVNL) under a Power Purchase Agreement (PPA) for 25 […] Read more
