ACWA Power Gets $123 Million Loan For 200MW Egyptian Solar Project Updated On Tue, Apr 25th, 2023 by Saurenergy Saudi Arabia’s renewables developer ACWA Power has secured a financial package of $123 million to develop 200MW Kom Ombo utility-scale solar power plant in Egypt. Financing institutions for the solar project of ACWA Power include EBRD, OPEC Fund OPEC Fund, African Development Bank (AfDB), Sustainable Energy Fund for Africa (SEFA), GCF, APICORP and Arab Bank. […] Read more
The Top 5: Risks to Renewable Energy from Climate Change Updated On Tue, Apr 25th, 2023 by Saurenergy Climate change has already started posing real-world challenges. It is not just affecting adversely the developmental plans but is also disrupting the livelihoods of a considerable section of the human population in the regions prone to climate change disasters such as floods, droughts, sea level rise, etc. Renewable energy (RE) has given a push developmental […] Read more
HERC Approves Green Energy Open Access Rules, Ensures Not Levying Reliability Charges Updated On Tue, Apr 25th, 2023 by Saurenergy The Haryana Electricity Regulatory Commission (HERC), in its latest order, approved changes to the draft Green Energy Open Access Rules. This comes after hearing pleas from the electricity generators, power distribution companies, and other stakeholders. The Ministry of Power, earlier on June 6, 2022, came up with its Electricity (Promoting Renewable Energy Through Green Energy […] Read more
ACWA Power Gets $174 Million Loan From ADB For Uzbekistan Wind Projects Updated On Tue, Apr 25th, 2023 by Saurenergy Saudi Arabia’s ace renewable energy developer ACWA Power has received $174 million worth of loans from the Asian Development Bank (ADB) to develop the Bash wind power and Dzhankeldy wind power plants – both located in the Bukhara region in Uzbekistan. As per ABD, the ACWA Power financing comprises loans amounting to $40.5 million for […] Read more
Macquarie Asset Management To Sell Stakes In 8 UK Wind Farms Updated On Tue, Apr 25th, 2023 by Saurenergy Australia’s Macquarie Asset Management has agreed to sell stakes in eight offshore wind farms around the United Kingdom to infrastructure manager and investor, Equitix. According to the agreement, Macquarie European Infrastructure Fund 5’s 50 per cent stake in Offshore Wind Company sold to funds managed by the UK-headquartered investment manager. Offshore Wind Company holds various […] Read more
12 Out of 23 Solar Manufacturers Get 2 Months Validity Bonus In MNRE’s New ALMM Order Updated On Mon, Apr 24th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE), in its latest order on the Approved List of Models and Manufacturers (ALMM), has extended the validity of 12 out of 23 solar manufacturers whose validity expired on March 9, 2023, and those who approached the ministry for such extension. These 23 solar manufacturers were the first lot of […] Read more
Uneecops Technologies Set to Establish First Green Hydrogen Microgrid of 25Kw in Leh Updated On Mon, Apr 24th, 2023 by Saurenergy Delhi-based green hydrogen and solar developer firm, Uneecops Technologies Ltd is set to establish the first green hydrogen microgrid project in the Leh region for a hydropower firm based in India. Uneecops will aid in the engineering, procurement & construction (EPC) for setting up a green hydrogen-based fuel cell microgrid of 25kW for the hydro-power […] Read more
This Tribal Hamlet In Kerala Gets Electricity After 74 Years from Micro-Hybrids Updated On Mon, Apr 24th, 2023 by Saurenergy For 75 years, a hamlet in Attapaddi, Kerala was shrouded in the dark, deprived of the basic human need- electricity. Forest fires, wild animal attacks and remoteness were some of the factors that prevented the establishment of renewable energy projects here. The tribal population, which dominates the hamlet, had been extremely possessive of its culture […] Read more
Octopus Energy Eyes 20-GW Renewable By Decade End As It Opens 7 New Wind Farms Updated On Sun, Apr 23rd, 2023 by Saurenergy The UK based renewable energy player Octopus Energy has set a new target of 20GW that it wants to achieve by 2030 as it announced to have opened seven new onshore wind farms across Europe since 2022 in various countries. Octopus Energy manages £6 billion of renewable assets and energy translation projects globally. The seven […] Read more
