Solar News

UK-Based Hive Energy Acquires 272 MW Polish Project

UK-headquartered renewable energy developer Hive Energy, has completed the acquisition of four early-stage solar projects from Polish developer, T&T Proenergy. The projects totaling 272MW from Polish developer T&T Proenergy. The projects will be co-developed to Ready to Build status. The companies have an ongoing development agreement for a portfolio of photovoltaic projects with a minimum […]

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Canadian Solar, Sol System Partner To Increase US Module Manufacturing

Washington DC-based renewable energy company Canadian Solar Inc. and Sol Systems announced their recent partnership to scale new solar module production and procurement in the United States. Canadian Solar has secured a framework agreement to provide Sol Systems with a significant supply of modules from its newly ramped Texas module factory. Under the partnership, Canadian […]

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GRSE Inks Green Deal With IRS To Use Green Energy To Build Vessels

Garden Reach Shipbuilders & Engineers Ltd. (GRSE) a warship building company in India, and the Indian Register of Shipping (IRS) signed a Memorandum of Understanding (MoU) on the development of green energy and autonomous vessels.  IRS under the administrative control of the Ministry of Defence and GRSE reaffirmed its commitment to innovation, new technology adoption, […]

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Matrix Gas & Renewables Raises Rs 350 Crore In Pre-IPO Round

Gensol Group Company, Matrix Gas & Renewables Limited, has raised Rs 350 crore in the pre-IPO round. With the current capital raise, Matrix is now well positioned to accelerate its growth initiatives towards expanding market share for the gas aggregation business, acquiring City Gas Distribution (CGD) assets, and funding the ongoing capital expenditure plan. This […]

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Adani Green Operationalises 448.95 MW Solar Projects In Gujarat

Gujarat-based renewable energy company Adani Green Energy Limited (AGEL) operationalized an incremental 448.95 MW solar power projects at Khavda, Gujarat. Together with an earlier intimation of projects, dated February 14, 2024, AGEL aggregated to 1,000 MW solar power projects that are operationalized at Khavda, Gujarat. With the operationalization of these plants, AGEL’s total operational renewable […]

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The Return of Reverse Auctions For Wind Energy- Bad News Or Normalcy ?

Following reports that the government has instructed leading PSU energy developers to return to the reverse auction mechanism for wind energy tenders, SaurEnergy tried to check the veracity of the claim. Without coming on record, it appears that a communication has been sent to that effect, to NTPC, SJVN, NHPC and of course SECI, which […]

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Rays Power Infra Acquires 520 MW Solar Projects In Assam, Gujarat

Renewable Energy sector company, Rays Power Infra announced it has acquired three significant solar projects with a combined capacity of 520MWp. The company’s latest ventures into the renewable markets of Gujarat and Assam mark its operational expansion to 14 states throughout India. “These projects are a testament to the company’s expanding influence and commitment to […]

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PM Modi Laid Foundation Stone Of Seven SJVN Projects

Prime Minister Narendra Modi virtually dedicated four power stations of SJVN to the nation. These projects included the 60 MW Naitwar Mori hydropower station project in Uttarakhand, 75 MW Parasan solar power station, 75 MW Gurhah solar power station, and 50 MW Gujrai solar power station in Uttar Pradesh in Adilabad, Telangana. The Prime Minister […]

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Tata Power Solar Systems & Union Bank Renews Partnership For Residential Rooftop Solar

Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has announced the renewal and expansion of its partnership with Union Bank of India (UBI) to offer financing solutions for Residential customers, in line with the PM Surya Ghar Muft Bijli Yojana as well as for Commercial and Industrial […]

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