Mainstream, Ocean Winds, Statkraft Collaborate with Aker Solutions for Floating Wind Updated On Mon, Dec 12th, 2022 by Saurenergy Global renewable energy company Mainstream Renewable Power, Ocean Winds and Statkraft have signed an MoU with Aker Solutions, in Norway to collaborate on offshore wind at Utsira Nord. The official statement held that Mainstream, Ocean Winds and Statkraft are in a consortium to pursue an application to develop floating wind power at the Utsira Nord […] Read more
Abu Dhabi Exports Office to Finance Solar Facility in West Africa Updated On Mon, Dec 12th, 2022 by Saurenergy Set up by Abu Dhabi Fund for Development for financial purposes, the Abu Dhabi Exports Office (ADEX), will provide loan worth AED92 million ($25 million) to augment the capacity of a solar facility in Togo, West Africa. Towards this goal, ADEX has entered into an agreement with the Ministry of Economy and Finance in Togu […] Read more
Tamil Nadu Poised to Add 25 GW Wind Capacity by 2030: GWEC Updated On Mon, Dec 12th, 2022 by Saurenergy As per a report by Global Wind Energy Capacity Council (GWEC), Tamil Nadu has the potential to add 25 GW of new wind capacity by 2030. With an existing installed capacity of close to 9 GW, the state does have plans in the pipeline for a further 13 GW already by 2030. The roadmap developed […] Read more
Lightsource BP Concludes Financing on Australian Solar Projects Updated On Mon, Dec 12th, 2022 by Saurenergy Leading solar developer Lightsource BP has reached financial close on Australian solar projects of 515 MW worth US$365 mn. This 515 MW project capacity entails 425 MW Wellington North Solar Farm that is under development near Dubbo in central west New South Wales (NSW) and the 90 MW Wunghnu Solar Farm located in Victoria’s Goulburn […] Read more
Korkia & Solmar Consulting Join Hands to Set up 1 GW Solar Projects in Finland Updated On Mon, Dec 12th, 2022 by Saurenergy Finnish investment firm in renewable energy, Korkia and US-based developer of renewable energy, Solmar Consulting have joined hands for the establishment of solar capacity worth 1 GW in southern, western and south-western Finland. The two firms are already cooperating for the development of multiple solar parks, which are in the works currently. The parks will […] Read more
China-Based Growatt Unveils Inverter Series, Power Solns at Intersolar Expo, Ahmedabad Updated On Fri, Dec 9th, 2022 by Saurenergy China-based leading inverter brand Growatt unveiled its new series of inverters, technologies, sustainable EV charging and portable power solution for Indian customers at Intersolar India Expo 2022 held at Gandhinagar, Ahmedabad. Aside from its flagship residential inverters covering 1-15kW of power, the company also exhibited C&I inverters ranging from 20kW to 125kW. Among which, the […] Read more
IPP Globeleq Signs PPAs for 450 MW Solar Power in South Africa Updated On Fri, Dec 9th, 2022 by Saurenergy Globeleq, the key partner in the Ikamva Consortium, has said that it has reached legal close on six solar energy projects under South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The solar projects total to 450 MW in capacity. Globeleq, the Africa-focused independent power producer (IPP) – is majority partner in the Ikamva […] Read more
CERC Orders MPPMCL & DMRC to Compensate ACME Solar Updated On Fri, Dec 9th, 2022 by Saurenergy Following the Central Electricity Regulatory Commission’s (CERC) decision pronouncing that solar developers are entitled for compensation in lieu of greater expenses incurred ever since the GST was introduced, solar developer ACME Jaipur Solar Power has asked the Commission to give MPPMCL and DMRC instructions on how to pay the late payment and rate. The Central […] Read more
France’s Proparco Invests $10 Million in Sun King’s Solar Kit Business in Africa Updated On Thu, Dec 8th, 2022 by Saurenergy Proparco, a division of the French Development Agency (AFD) group, invested in a $10 million green bond that will be lent to Sun King, an African solar kit retailer. The Swiss impact investor Symbiotics Group, through its MSMR Bonds platform, issuing the green bond. A total of 309 bonds worth $2.67 billion have already been […] Read more