KKR Purchases $550 Million Loan Of SunPower Updated On Thu, May 4th, 2023 by Saurenergy North American residential solar technology and energy services provider SunPower and global investment firm KKR have signed a definitive agreement under which credit funds and accounts managed by KKR will commit to purchasing $550 million of solar energy loans made to SunPower customers. This transaction is expected to support SunPower Financial’s continued ability to offer […] Read more
Renewable Energy: Looking Beyond Gujarat In 2023 Updated On Wed, May 3rd, 2023 by Saurenergy The Indian story of renewable energy is actually a story of paradoxes. Thus, even as the country has made remarkable progress in adding renewable capacity, it still fell comfortably short of the 175 GW target for 2022 Nationally, the country today has achieved 168 GW of renewable energy including large hydro power but the travesty […] Read more
ITI Ltd Installs 1 MW Solar Facility At Palakkad Plant Updated On Thu, Apr 27th, 2023 by Saurenergy Central public sector undertaking and multi-technology player ITI Ltd has announced that it has commissioned a 1-MW solar power plant at its ITI Palakkad Plant. The solar power project is grid-connected, said ITI Ltd. Rajesh Rai, Chairman and Managing Director (CMD) of ITI Limited, Nagraj K.V., General Manager & Unit Head and Prince R V, […] Read more
Waiting To Take Off-The PM-KUSUM Story Updated On Thu, Apr 20th, 2023 by Saurenergy Satveer Singh is a 51-year-old wheat farmer based at Mohanpura village in the Sri Ganganagar district of Rajasthan. Around a year ago, he enrolled online with the state government under the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) scheme. As a result, the solar developers installed a seven-Horse Power (HP) solar irrigation pump […] Read more
SunPower Secures $450 Million To Meet High Solar Loan Demand In US Updated On Fri, Apr 14th, 2023 by Saurenergy North American solar power giant SunPower has secured financing commitments of more than $450 million for its residential solar and storage loan program in the US from HASI and from Crédit Agricole CIB. The vehicle will acquire loans made to SunPower customers and is non-recourse to SunPower. Through this transaction, SunPower Financial will continue to […] Read more
Masdar Invests In 128 MW Solar Project Of EDF Renewables North America Updated On Wed, Apr 12th, 2023 by Saurenergy UAE renewables major Masdar has acquired 50% stake in a combined solar and battery storage project from EDF Renewables North America. The Big Beau project, located in California, comprises a 128-MW solar PV plant and a 160 MWh BESS. It is one of eight projects that Masdar and EDF Renewables have agreed to jointly partner […] Read more
Huasun To Supply 1.5 GW HJT Modules To European Developer Inercom Updated On Tue, Apr 11th, 2023 by Saurenergy Chinese manufacturer Anhui Huasun Energy Co. Ltd has announced that the company has once again reached a cooperation with Inercom Ltd and signed a framework agreement for supplying HJT modules. Inercom is a well-known European EPC company. By the end of 2025, Huasun will provide at least 1.5GW Himalaya series ultra-high-efficient HJT modules for large-scale […] Read more
Andhra Leads In Country With The Highest Installed Capacity of Solar Parks Updated On Mon, Apr 10th, 2023 by Saurenergy The southern Indian state of Andhra Pradesh has emerged as the leading state in India when it comes to installed solar energy capacity from solar parks. The Minister of New and Renewable Energy RK Singh, recently shared the data before Rajya Sabha. As per the minister’s written statement before the House, Andhra Pradesh has a […] Read more
NextEnergy, Statkraft Sign PPA For 210 MW Portuguese Solar Projects Updated On Wed, Apr 5th, 2023 by Saurenergy NextEnergy Capital, a UK based global solar specialist in the renewables sector, has announced the signing of a PPA in Portugal with Statkraft AS, a Norwegian state owned utility. The three solar plants owned by NextPower III ESG, an international solar fund managed by NextEnergy Capital, have a total installed capacity of 210MW and are […] Read more
