L&G NTR Acquire Three Solar Power Projects Of 115 MWp In Spain Updated On Thu, Jan 5th, 2023 by Saurenergy The L&G NTR Clean Power Fund has announced that it has acquired three Spanish pre-operational solar power projects from BayWa r.e. L&G NTR Clean Power Fund is managed by Legal & General Investment Management and NTR which again is a renewable energy specialist. The three solar power projects, two of which are located in Castilla […] Read more
Southeast Asia’s RE Firm ACEN to Add 700 MW Solar & Wind Energy in 2023 Updated On Wed, Jan 4th, 2023 by Saurenergy Just as the Philippines is aiming to raise the share of renewable energy in the country’s energy mix to 35% by the end of this decade and 50% by 2040, its renewable energy conglomerate ACEN Corporation is looking to operationalise 700 MW of solar and wind energy projects in 2023. ACEN is the energy platform […] Read more
Haryana (HERC) Amends Renewable Purchase Obligation Policy, Adds Wind Updated On Tue, Jan 3rd, 2023 by Saurenergy Haryana has made the renewable purchase obligation (RPO) system more dynamic and eased the liability of stakeholders as it has included wind energy within the ambit of RPO. In an important development, the Haryana Electricity Regulatory Commission (HERC) has amended the policy on RPO by including wind energy and aligning solar energy to the other […] Read more
Draft Solar Policy of Delhi Wants 6000 MW Installation by 2025 Updated On Mon, Jan 2nd, 2023 by Saurenergy The Delhi government has accorded approval to the draft Solar Policy 2022 under which the state wants to install solar capacity to 6,000 MW by 2025. In the previous solar policy released in 2016, Delhi had targeted to install solar power of a cumulative capacity of 2,000 MW of solar power by 2022. Readers will […] Read more
Solar Energy & EV Charging Firm Altus Power Acquires 220 MW Solar Facilities Updated On Thu, Dec 29th, 2022 by Saurenergy In a major development in the American renewable energy sector, Altus Power has announced that it has entered into a definitive agreement for the acquisition of 220 MW of newly developed and in-construction solar assets. US-based Altus Power is an independent developer, owner and operator of commercial-scale solar facilities. Altus Power provides solar generation for […] Read more
Solar Inverter Firm GoodWe Signs Deal for 50 MW RE Project in Pakistan Updated On Wed, Dec 28th, 2022 by Saurenergy Chinese firms are showing a fresh deal of commitment for the development of renewable energy projects as the South Asian country is facing its economic hardships and acute power generation challenges. According to reports, GoodWe, which claims to be leading smart energy solution providers based out of China, is bullish about boosting renewable energy in […] Read more
US Based Primergy Solar Secures $200 Mn Credit Facility from Rabobank Updated On Tue, Dec 27th, 2022 by Saurenergy Oakland-California based solar energy and storage conglomerate Primergy Solar, has closed a $75 million revolving credit facility with Rabobank with the option to increase up to $200 million. Primergy held that the credit facility will be used to support a growing development pipeline of solar and solar+storage projects across the USA. The company’s near-term portfolio […] Read more
Spain’s Soltec Supplies 738 MW Solar Trackers to Brazilian Solar Projects Updated On Tue, Dec 27th, 2022 by Saurenergy Spanish multinational solar tracker manufacturer Soltec has announced that it has signed an agreement with solar conglomerates Canadian Solar and SPIC for the supply of SFOne trackers for two Brazilian solar power projects having a cumulative capacity of 738 MW. Work on these two power plants will start in mid-2023. The solar projects will be […] Read more
Punjab Govt Grants Rs 60 Crore To Power Piped Water With Solar Updated On Mon, Dec 26th, 2022 by Saurenergy The Punjab government has approved the spending of Rs 60.50 crore to develop solar energy systems for rural piped water delivery schemes in the state, reducing annual electricity costs by Rs 8–9 crore. With a total installed capacity of 8.698 MW, solar energy plants based on net metering would be erected at 970 rural water […] Read more
