BrightNight Announces $375 million Corporate Credit Line For RE portfolio Updated On Fri, Jan 5th, 2024 by Saurenergy BrightNight, a global renewable power producer has announced the closing of a $375 million corporate credit facility. It said that this would help it accelerate development of its 31 GW U.S. Renewable Power Portfolio. This significant financial milestone underscores the company’s commitment to advancing renewable energy solutions that are safe, reliable, affordable, and clean. The […] Read more
First Solar Signs PPA With Cleantech Solar To Procure 150 MW Facility Updated On Thu, Jan 4th, 2024 by Saurenergy First Solar, an American solar technology company entered into a 15-year, captive Power Purchase Agreement (PPA) with Cleantech Solar, a renewable energy solutions provider operating in India and Southeast Asia, the firm said. Under the agreement, Cleantech Solar will construct 150 megawatts (MW) of photovoltaic (PV) solar and 16.8 MW of wind-generating assets in Tamil […] Read more
Australia Witness Rise In EV Sales By 7.2 % In 2023 Updated On Thu, Jan 4th, 2024 by Saurenergy Federal Chamber of Automotive Industry (FCAI) an industry organization representing manufacturers said in its report, Australian new vehicle sales in 2023 a rose to a total of 1,216,780 vehicles during the year. This is estimated to be the highest sales figure was witnessed in 2017, sale of 1,189,116 units. The report mentioned that, in 2023, the […] Read more
Torrent Power Invests Rs 47,000 cr In RE Distribution Within Gujarat Updated On Thu, Jan 4th, 2024 by Saurenergy Torrent Power has inked four agreements with the Gujarat government to invest around Rs. 47,350 crores in the renewable energy sector, Green Hydrogen, and in the electricity distribution business. Torrent Power, an integrated power utility, has diversified the Torrent Group investment with the signing of four non-binding Memorandum of Understanding (MoU) with the government of Gujarat […] Read more
EKA Mobility And GreenCell Mobility Collaborate To Supply 1000 EV Buses Updated On Wed, Jan 3rd, 2024 by Saurenergy EKA Mobility, one of the electric vehicles and technology company (with Mitsui Co., Ltd. & VDL Groep as equity partners), and GreenCell Mobility, a climate impact investor in electric mass mobility space, signed a Memorandum of Understanding (MoU). Through this collaboration, EKA Mobility will supply GreenCell Mobility with 1000 intercity electric buses in 12-meter and […] Read more
Electric Vehicle Sales In Delhi Touch 19.5% In December: Minister Updated On Wed, Jan 3rd, 2024 by Saurenergy Delhi Transport Minister Kailash Gahlot said that the national capital recorded a massive 19.5 percent sales of Electric Vehicles (EVs) in December 2023. He said that it was the highest growth in any Indian state. He shared the information on his official social media handle. “Delhi records a massive 19.5% EV sales of the overall […] Read more
Power Grid Wins Bids For ISTS Transmission Line Between Rajasthan-Delhi Updated On Wed, Jan 3rd, 2024 by Saurenergy Electricity transmission company Power Grid Corporation Of India (Power Grid) was declared a successful bidder under a tariff based competitive bidding (TBCB) for a transmission project in Rajasthan. A Letter of Intent (LoI) issued on dated 29th December 2023, which has been received by Power Grid Corporation of India Limited on 1st January 2024. “In […] Read more
Average Power Supply In Rural India Touched 20.6 Hours: RK Singh Updated On Wed, Jan 3rd, 2024 by Saurenergy The Ministry of Power (MoP) data on power availability within the power sector showcased a growth trend in 2023. Union Power Minister RK Singh said that several reforms in the power sector brought several positive results, including reduced AT&C (Aggregate Technical and Commercial) losses. “The AT&C losses in the power sector went down to 15.41% (provisional) […] Read more
SJVN Commissions 75 MW Gurhah Solar Power Plant In Uttar Pradesh. Updated On Wed, Jan 3rd, 2024 by Saurenergy Satluj Jal Vidyut Nigam Limited (SJVN) Limited chairman & managing director (CMD) Nand Lal Sharma announced that its 75 MW Gurhah solar power plant located in district Jalaun, Uttar Pradesh (UP) has achieved commercial operation. With the commissioning of this project, the installed capacity of SJVN currently stands at 2227 MW. He further stated, “SJVN has implemented […] Read more
