ACWA Power Gets $123 Million Loan For 200MW Egyptian Solar Project Updated On Tue, Apr 25th, 2023 by Saurenergy Saudi Arabia’s renewables developer ACWA Power has secured a financial package of $123 million to develop 200MW Kom Ombo utility-scale solar power plant in Egypt. Financing institutions for the solar project of ACWA Power include EBRD, OPEC Fund OPEC Fund, African Development Bank (AfDB), Sustainable Energy Fund for Africa (SEFA), GCF, APICORP and Arab Bank. […] Read more
Vestas Secures 238 MW Japanese Offshore Wind Order Updated On Tue, Apr 25th, 2023 by Saurenergy Danish wind turbine manufacturer Vestas has announced that it has secured a 238 MW order from Hibiki Wind Energy for the Kitakyushu-Hibikinada Offshore Wind Farm Project in Japan. The wind farm is located off the coast of Kitakyushu city, Fukuoka prefecture. Vestas held that the order includes supply and installation of 25 V174-9.5 MW wind […] Read more
MNRE Designates SJVN Limited As Intermediary Procurer, RE Implementing Agency Updated On Tue, Apr 25th, 2023 by Saurenergy In an order released today, the Ministry of New and Renewable Energy (MNRE) designated Satluj Jal Vidyut Nigam (SJVN) Limited as an intermediary procurer/renewable energy implementing agency. The move comes after the government enterprise requested the ministry for such an order. The ministry order said that such recognition was given to the Maharatna central enterprise […] Read more
Solis Launches New Hybrid Inverter in South Africa Updated On Tue, Apr 25th, 2023 by Saurenergy Solar inverter manufacturer Ginlong (Solis) Technologies, is set to launch its new S6 Advanced Power Hybrid Inverter, exclusively for South Africa. It will be unveiled at the Solar Show Africa 2023 in Johannesburg from April 25 to 26. The firm informs that with added generator connection and control functions, the inverter works as a fully […] Read more
HERC Approves Green Energy Open Access Rules, Ensures Not Levying Reliability Charges Updated On Tue, Apr 25th, 2023 by Saurenergy The Haryana Electricity Regulatory Commission (HERC), in its latest order, approved changes to the draft Green Energy Open Access Rules. This comes after hearing pleas from the electricity generators, power distribution companies, and other stakeholders. The Ministry of Power, earlier on June 6, 2022, came up with its Electricity (Promoting Renewable Energy Through Green Energy […] Read more
Uttar Pradesh Registers 144% Jump In Electric Vehicle Registrations In One Year Updated On Tue, Apr 25th, 2023 by Saurenergy The World Resource Institute (WRI)-India claimed that the registration of Electric Vehicles (EVs) in Uttar Pradesh UP) in the last year had witnessed a jump of 144 percent. The data shared by the clean energy think tank claimed that the three-wheelers segment of EVs in the state is spearheading the EV market share in the […] Read more
Raghumani Singh Resigns from Chairmanship of MANIREDA Updated On Tue, Apr 25th, 2023 by Saurenergy BJP MLA Kh Raghumani Singh has resigned from the post of the Chairman of MANIREDA (Manipur Renewable Energy Development). He has cited personal reasons for the same. Singh had submitted his resignation to Manipur Chief Minister N Biren Singh today. The letter stated that he was resigning because of “personal reasons and also in the […] Read more
ACWA Power Gets $174 Million Loan From ADB For Uzbekistan Wind Projects Updated On Tue, Apr 25th, 2023 by Saurenergy Saudi Arabia’s ace renewable energy developer ACWA Power has received $174 million worth of loans from the Asian Development Bank (ADB) to develop the Bash wind power and Dzhankeldy wind power plants – both located in the Bukhara region in Uzbekistan. As per ABD, the ACWA Power financing comprises loans amounting to $40.5 million for […] Read more
OCI Solar Power Sells 110 MW Texas Solar Project to Mitsui Updated On Tue, Apr 25th, 2023 by Saurenergy Just as Joe Biden administration is pushing up the renewables in the USA through legislative and administrative exercise, Texas based utility-scale developer OCI Solar Power has announced that it has sold a 110 MW construction-ready, solar photovoltaic project to Mitsui & Co., Ltd. The solar power project is located in Hill County, Texas named ‘Three […] Read more
