PFC Backs Vibrant Energy With Over INR 2,200 Cr Funding For 300 MW Hybrid Projects Updated On Thu, Apr 6th, 2023 by Saurenergy An owner and developer of corporate renewable energy solutions, Vibrant Energy, has secured more than INR 2,200 crores of project financing from Power Finance Corporation Ltd. (PFC). This funding will aid the firm in establishing 300 MW (AC) of wind-solar hybrid projects in Madhya Pradesh and Karnataka. Vibrant Energy claims this financing will be among […] Read more
Iberdrola to Advance Renewable Energy Projects in Mexico Updated On Thu, Apr 6th, 2023 by Saurenergy Iberdrola Mexico and Mexico Infrastructure Partners (MIP) have joined hands to give a push to renewable energy in Mexico. Iberdrola is a Spanish multinational electric utility company. MIP is an independent Mexican fund manager of alternative investment vehicles, such as promoting energy and infrastructure in Mexico. The announcement about the MoU signed between the two […] Read more
Europe Slips Up, Again, On Meeting Climate Goals Updated On Thu, Apr 6th, 2023 by Saurenergy Two contrasting reports have dominated the renewable energy landscape of Europe this week: One, the European Union policymakers have agreed to double the renewable use by 2030 through massive RE installations. Two, a WindEurope report finds that Europe has invested lowest in offshore wind since 2009 in 2022, a mere EUR 17 billion in new […] Read more
IndiGrid Commissions First Battery Energy Storage Project Updated On Thu, Apr 6th, 2023 by Saurenergy IndiGrid, which owns, operates, and manages power transmission networks and renewable energy assets delivering reliable power throughout India, has revealed that it has commissioned its first battery energy storage system (BESS) project. The project is integrated with its solar panels at the Dhule substation in Maharashtra. As per the statement by the company, the BESS […] Read more
Magenta Mobility Gets Capital Infusion of $22 Mn From bp, Morgan Stanley India Infra Updated On Wed, Apr 5th, 2023 by Saurenergy Electric mobility solutions provider Magenta Mobility has revealed that it has concluded a Series A1 funding round, which has rung in USD 22 million equity investment coming in from UK-headquartered bp and Morgan Stanley India Infrastructure-managed investment fund. The firm has shared that with the freshly infused capital, it will look at fleet and geographical […] Read more
China’s Solar Supply Chain Humming With Orders As Local Manufacturers Race To Meet Demand Updated On Wed, Apr 5th, 2023 by Saurenergy China’s dominance of the solar supply chain has lifted firms across the sector, from polysilicon to modules. For now, it is firms focused on solar wafers that are grabbing attention, as cell manufacturers have run up against stronger than expected demand. Firms in Jiangsu province, a key hub for solar manufacturing have been reporting record […] Read more
Pattern Energy Expects $20.5 Billion From Its American Clean Energy Infra Projects Updated On Wed, Apr 5th, 2023 by Saurenergy California based Pattern Energy Group LP (Pattern Energy) claims that it expects a total economic benefit of around USD 20 billion from its SunZia Transmission and SunZaa Wind projects in the United States. It includes direct, indirect, and other induced economic benefits. The firm said that the research firm Energy, Economic & Environment Consultants LLC, […] 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
How Flexible Solar Panels are Changing the Way We Generate Solar Energy Updated On Wed, Apr 5th, 2023 by Saurenergy Installing solar has become one of the most attractive ways to contribute to the green energy future. Thanks to various advancements in solar technology, like bifacial solar modules, solar trackers, agrivoltaics, etc., solar is now more optimized to adapt to various needs, such as maintaining the aesthetic of buildings and more. While at the same […] Read more
