ACME, Norfund Alliance for Renewable Energy In India Updated On Fri, Jan 27th, 2023 by Saurenergy Gurugram headquartered renewable energy player ACME has collaborated with Norfund – the Norwegian investment fund – under which the two companies will invest together in renewable energy projects in India. Norfund is the manager of Norwegian Climate Investment Fund (NCIF) and it invests in developing countries. Manoj Upadhyay, Founder and Chairman, ACME Group, said, “I […] Read more
Qcells To Supply 2.5 GW Of Solar Panels To Microsoft Updated On Fri, Jan 27th, 2023 by Saurenergy South Korean solar conglomerate Qcells and software giant Microsoft Corp have announced that they are partnering to enable a strong supply chain for new renewable electricity capacity projected to require at least 2.5 GW of solar panels and related services. This capacity is equivalent to power more than 400,000 homes. Microsoft aims at becoming carbon […] Read more
Islamic Development Bank To Offer Insurance/Finance For RE Projects Updated On Wed, Jan 25th, 2023 by Saurenergy In a bid to promote the development of renewable energy projects, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the Islamic Development Bank (IsDB) Group, has signed an MoU with Abu Dhabi Future Energy Company or Masdar. Under the MoU, the bank and Masdar agree to co-operate […] Read more
New Wind Energy Tower Factory To Come Up In Poland With EUR 200 Million Investment Updated On Wed, Jan 25th, 2023 by Saurenergy Spanish green energy conglomerate GRI Renewable Industries (GRI) and ARP, Poland’s Industrial Development Agency, have announced that they have signed an agreement for the launch of a joint venture company for the construction of an offshore wind tower factory in Gdansk – a Polish port city on the Baltic coast. GRI is an experienced offshore wind […] Read more
Marguerite To Invest EUR 60 Million In New Solar Platform Updated On Tue, Jan 24th, 2023 by Saurenergy Luxembourg-based renewable energy provider Marguerite has announced that it will be investing up to EUR 60 million in an investment platform that will work to develop greenfield solar power projects. Marguerite held that the investment platform will seek to develop a portfolio of over 2GW of developed and in-development solar power plants in the coming […] Read more
Largest Floating Solar of North India Worth 2 MWp Capacity Inaugurated in Chandigarh Updated On Tue, Jan 24th, 2023 by Saurenergy North India’s largest floating solar power plant of 2MWp capacity has been unveiled at Chandigarh. The floating solar facility was inaugurated by the Governor of Punjab and Administrator of Chandigarh, Banwari Lal Purohit. The official statement of the UT held that the plant was commissioned by Chandigarh Renewal Energy and Science & Technology Promotion Society […] Read more
KPI Green Energy Commissions 25 MW Solar Project for Greenlab Diamonds Updated On Mon, Jan 23rd, 2023 by Saurenergy Surat-headquartered KPI Green Energy has announced that it has commissioned a 25 MW solar power project for Greenlab Diamonds in Surat. It held that the new solar power project is part of its captive power producer (CPP) segment. KPI Green Energy has shared this information with stock exchanges. In a different stock exchange filing, KPI […] Read more
2023’s Promise for Solar. Will India Rise To The Challenge? Updated On Mon, Jan 23rd, 2023 by Saurenergy Early into 2023, the ground is set for a momentous shift for solar. But first, the numbers. In the Jan-Dec period, figures from India’s Central Electricity Authority show that the country added 13956 MW of solar capacity, of which just over 11 GW was utility scale solar. This is by far the best ever performance […] Read more
IREDA & MNRE Peg Annual Performance Target for 2022-23 at 18% Higher Than Previous Year Updated On Fri, Jan 20th, 2023 by Saurenergy Indian Renewable Energy Development Agency Ltd (IREDA) has entered into an agreement with the Ministry of New and Renewable Energy (MNRE), towards the purpose of setting annual performance target for the year 2022-23. The goal has been pegged by the Government of India at Rs 3,361 crores for Revenue from Operation. This is an increase […] Read more
