Avaada Energy Will Supply 560 MW Solar Power To MSEDCL Updated On Fri, Apr 14th, 2023 by Saurenergy Mumbai based renewable energy company Avaada Energy has now bagged a 560 MWdc solar power project under which it will supply green electricity to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). The tariff decided is Rs 2.88 per unit and the order is bagged by Avaada through an e-reverse auction done by MSEDCL. This followed […] Read more
India Closes FY23 With 12.8 GW Of Solar Additions Updated On Thu, Apr 13th, 2023 by Saurenergy The March numbers for India’s power sector are finally out, and for solar especially, the slowdown seen since September has ensured that total capacity added during the year is less than Fy22. At 12.8 GW, that has to go as a major disappointment for the sector, considering the lack of the kind of uncontrollable disruptions […] Read more
Australian Govt Picks Eku Energy for Canberra’s 500 MWh Big Battery Project Updated On Thu, Apr 13th, 2023 by Saurenergy Eku Energy, which is the new global battery storage arm of Macquarie Group, has been picked by Australian Capital Territory government for Canberra’s Big Battery project. The Big Canberra Battery project is a large-scale storage facility in Williamsdale. Eku Energy will be responsible for building and operation of the project. The BESS project, pegged at […] Read more
KGAL Investment & Lafarge Cement Polska Join Hands for Two Wind Farms in Poland Updated On Thu, Apr 13th, 2023 by Saurenergy KGAL Investment Management, which claims to be among the first European asset managers in the Polish renewables market, has signed long-term power purchase agreements (PPAs) with Lafarge Cement Polska, a cement producer in Polish market. The two firms have joined hands for the establishment of Krasin and Rywald onshore wind farms, owned by KGAL ESPF […] Read more
Lightsource bp Closes Financing On 250 MW US Solar Project Updated On Wed, Apr 12th, 2023 by Saurenergy Lightsource bp has closed on a $327 million financing package and mobilized construction on the 313 MWdc (250 MWac) Driver Solar project located in Mississippi County, Arkansas. Lightsource bp completed development, permitted and financed the project and will construct the facility under a build-transfer agreement with Entergy Arkansas announced last year. Lightsource bp said in […] Read more
Inverter Firm Solis’ Cumulative Shipment Crosses 3 GW Mark in India Updated On Wed, Apr 12th, 2023 by Saurenergy Solis, a firm that offers photovoltaic (PV) inverter solutions, has announced that its cumulative shipments in India have surpassed 3 GW. The firm says that has helped in solidifying its position as the leading inverter brand in the country in the rooftop segment. Solis says that it has continuously achieved the number position and highest […] Read more
Kishor Nair Is New Chief Executive Officer Of Avaada Energy Updated On Wed, Apr 12th, 2023 by Saurenergy Avaada Group has appointed Kishor Nair as Chief Executive Officer (CEO) for its renewable arm Avaada Energy. Kishor has been with group since its inception and has risen through the ranks. Avaada Group claims to be India’s leading integrated energy group with business interests across the energy transition value chain. Avaada said that Nair has […] Read more
Solar Energy Corporation of India Gets ‘Miniratna Category-I’ Status Updated On Wed, Apr 12th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE), in its latest communication, said that the Solar Energy Corporation of India Limited (SECI) had been accorded the status of Miniratna Category-I Central Public Sector Enterprise (CPSE) status on April 10, 2023. SECI, an arm of the MNRE, is the primary project implementing agency formed on September […] Read more
UK Offers £30 Million For Capture & Storage Of More Renewable Energy Updated On Wed, Apr 12th, 2023 by Saurenergy Renewable businesses, in locations including Scotland and Nottingham, are set to benefit from a £30 million support that has come from the UK government in terms of designing and testing innovative technology of the future that will modernise energy system and storage for renewable energy for later use. UK Government has said that capturing and […] Read more