Aquila Capital and FNSF collaborate for 1GW Solar Farm in New Zealand Updated On Fri, May 13th, 2022 by Saurenergy New Zealand will soon have a large-scale solar farm begin to produce 1GW. That is a big deal, because TOTAL solar capaciy in NEw Zealand has barely crossed 200 MW till date. German investment outfit Aquila Capital and local PV project developer Far North Solar Farm have joined their hands to collaborate to make this […] Read more
India needs $7.2 billion to promote integrated solar module manufacturing: CEEW-CEF Report Updated On Fri, May 13th, 2022 by Saurenergy The CEEW Centre for Energy Finance (CEEW-CEF) said in a report on May 12 that India needs USD 7.2 billion in investments in the next three to four years to boost integrated solar module production. Released yesterday, the report added further that the push to improve local manufacturing could help domestic module manufacturers clock $30 […] Read more
Soluna Raises $35M from Spring Lane Capital to Build Green Data Centers Updated On Fri, May 13th, 2022 by Saurenergy Soluna Holdings, Inc. (“SHI”) the parent company of Soluna Computing, Inc. (“SCI”), secured $35 million in project financing to develop green data centers co-located with renewable energy assets. Spring Lane Capital, a private equity firm, invested private funds in Soluna as a part of their strategy focused on hybrid project capital for sustainability solutions in […] Read more
NHPC Awards Contracts For CPSU 1000 MW Solar Projects Updated On Fri, May 13th, 2022 by Saurenergy Hydro energy major NHPC (National Hydroelectric Power Corporation), which had been allotted a 1000 MW Capacity Solar Power Project in the Phase II, Tranche III auction back in September 2021, has finally completed the award of contracts for the project. NHPC had won with a Viability Gap Funding (VGF) of Rs. 44.90 Lakh/MW in the […] Read more
UP Invites Bids For 75 MW Solar Projects Updated On Thu, May 12th, 2022 by Saurenergy Uttar Pradesh has a new tender out, inviting bids to develop 75 MW of projects in the state. State owned Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) uploaded on the website the details of the Request for Selection {RfS} . According to the RfS, “the projects will be developed in Makrecha village (25 MW), […] Read more
Fresh CERC Regulations For RE Certificates for RE Market Development Updated On Thu, May 12th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) released on May 9 a set of regulations for development of renewable energy market through renewable energy certificates, holding back the date of enforcement. The National Load Despatch Centre remains the mandated Central Agency to enforce a host of regulations like (i) registration of eligible entities, (ii) developing a […] Read more
Hanwha invests $320M in cell, module mfg capacity expansion Updated On Thu, May 12th, 2022 by Saurenergy Hanwha Solutions, a Korean company that owns clean energy solutions provider Qcells, has announced a $320 million investment plan for solar manufacturing expansion in the United States and Korea with the aim of providing secure, cleaner energy amid mounting calls for energy security and net-zero emissions. Hanwha said it will seek to spend $170 million […] Read more
Italy working on incentives for offshore wind projects Updated On Thu, May 12th, 2022 by Saurenergy The Italian government is working on incentives to boost the roll-out of offshore wind facilities, Italy’s energy transition minister said on Wednesday. “Incentive mechanisms are in the programming phase,” Roberto Cingolani said, answering questions from members of parliament. Besides subsidies, Cingolani said offshore wind would also receive grants from Italy’s national Recovery Fund plan. Rome […] Read more
US University Confers Inaugural Award On ReNew Power CEO Updated On Thu, May 12th, 2022 by Saurenergy Columbia University’s School of International and Public Affairs (SIPA) conferred the inaugural “Distinguished Alumni Award” on Sumant Sinha, the founder, chairman and CEO of ReNew Power. A press release issued by SIPA on May 9 reads, “Sinha, the founder, chairman, and CEO of ReNew Power, received the first Distinguished Alumni award. The awards, Alumni Association chair […] Read more
