IFC Partners With ACWA Power to Support Uzbekistan’s Energy Transition Updated On Wed, Oct 30th, 2024 by Saurenergy IFC announced today a $240 million Islamic Equity Bridge Loan (EBL) financing for ACWA Power to support the development of Uzbekistan’s renewable energy sector on the sidelines of the 8th Future Investment Institute conference at Riyadh in Saudi Arabia. IFC’s financing will support the construction and operation of two projects, with a cumulative capacity of […] Read more
Partial Relief For Amplus At APTEL For 50 MW Haryana Solar Plant Updated On Wed, Oct 30th, 2024 by Saurenergy In an order that tackled cross appeals filed by Amplus Solar and Haryana Power Purchase Centre for the same project, the Appellate tribunal for Electricity (APTEL) saw it fit to send the parties back to the state regulator to sort out the issue. Case Overview: Amplus had set up a 50 MW solar project in […] Read more
Onix Group Appoints Harpreet Singh Its New CEO Updated On Tue, Oct 29th, 2024 by Saurenergy Harpreet Singh recently joined as the new Chief Executive Officer (CEO) at Onix Group (Onix Solar Energy Limited), He has a career spanning over 30 years in Business Development Management, Supply Chain Management (SCM), Strategic Planning, and Process Improvement across various business segments. Onix Group is an independent power producer (IPP) and EPC company in the […] Read more
Adani Green Optimistic To Add 6 GW RE Capacities In FY25 Updated On Tue, Oct 29th, 2024 by Saurenergy Notwithstanding the interruptions in pace of renewable project installations, triggered by delayed monsoons, Adani Green is optimistic about its target of adding 6 GW of operational capacity in FY25. In its latest investors call, the top management of the firm expressed optimism on its growth trajectory for the current fiscal. The company said that it […] Read more
ALMM: India’s Enlisted Module Production Capacity Crossed 60 GW Updated On Tue, Oct 29th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) today issued the fresh Approved List For Models and Manufacturers (ALMM) for the solar module makers. The latest list saw a surge in the enlisted production capacity of Indian solar module manufacturers. With the inclusion of the new enlisted capacities, India’s cumulative enlisted domestic module manufacturing capacity […] Read more
APTEL Rules Against Transferability of Banked Energy Updated On Tue, Oct 29th, 2024 by Saurenergy In an order last week, the Appellate Tribunal for Electricity (APTEL) delivered a key judgement on the transfer of banked wind energy between two projects belonging to the same firm. The case was filed by steel maker Maharashtra Seamless Limited versus the Maharashtra Electricity Regulatory Commission, Maharashtra State Electricity Distribution Co. Ltd., Maharashtra Energy Development […] Read more
COP29 At Azerbaijan- Sungrow Steps Up To Back Green Transition Updated On Tue, Oct 29th, 2024 by Saurenergy With the world’s attention set for the events at COP29, starting November 11 in Azerbaijan, it has become an important time to track the changes in the host country itself. In line with the country’s commitment to diversify its economy and reduce greenhouse gas emissions, Azerbaijan aims to increase its installed power capacity from renewable […] Read more
PPA of 15 years Among Key Changes Proposed in TBCB Norms By India’s Power Ministry Updated On Tue, Oct 29th, 2024 by Saurenergy In Draft guidelines for Tariff based competitive bidding involving solar, wind, Hybrid, FDRE and Energy storage projects, India’s Ministry of Power has come out with a slew of proposed changes. The draft document has been released for feedback and suggestions, with a last day of submissions being 15 days from publishing of the guidelines, ie, […] Read more
Senior Commissioning Engineer Updated On Mon, Oct 28th, 2024 by Saurenergy Responsibilities:- Test and commission Nextracker tracker installations and provide training to onsite Nextracker employees and partner companies Provide tracker controller expertise, supporting controller commissioning process and on-going maintenance. Provide technical support for Nextracker customers, ensuring best-in-class customer experience and providing product and systems expertise to maximize customer value. Manage controller commissioning process for customer acceptance […] Read more