Solar Tech Startup Loom Solar Raises $2 Mn Funding from SIMA Funds, USA Updated On Wed, Jan 18th, 2023 by Saurenergy Emerging start-up in solar tech Loom Solar has raised $2 Million funding from US-based Social Investment Managers and Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others. The start-up that looks into the manufacturing of bi-facial solar panels and lithium battery, is headquartered in […] Read more
Rays Power Infra Commissions its Largest Solar Project in Bangladesh at 275 MW Updated On Tue, Jan 17th, 2023 by Saurenergy Solar EPC firm Rays Power Infra has announced the commissioning of a 275 MW(DC) grid-connected solar power plant in Sundarganj, Gaibandha, Bangladesh. Spread over 600 acres of land, the project will offset over 375 billion tonnes of CO2 emissions, equivalent to 2.5 Lacs fuel engine cars, powering 5 lakh households in Bangladesh. The project comprises […] Read more
Greek Developer Mytilineos Secures Funding for 230 MW Solar Projects in Australia Updated On Tue, Jan 17th, 2023 by Saurenergy Greek industrial and energy giant Mytilineos has secured financing of A$234 million for another three solar farms. Mytilineos informed that two solar projects are in Queensland and one in New South Wales. This also marks the final closing of the second of projects pipeline that belong to Mytilineos in Australia. Mytilineos said that the finance […] Read more
Denmark’s Ørsted to Develop Mockingbird Solar Center in Texas Updated On Mon, Jan 16th, 2023 by Saurenergy Global clean energy company based in Denmark, Ørsted has said that it has taken a final investment decision (FID) on 471 MW Mockingbird Solar Centre, a solar power plant, in the Texas, the USA. The decision also includes the donation of 1,000 acres of tall grass prairie for the purpose of conservation. The Solar Projects […] Read more
OTPC, APDCL Collaborate For Rs. 2000 Crore BESS In Assam Updated On Mon, Jan 16th, 2023 by Saurenergy ONGC Tripura Power Company Limited has informed that a Memorandum of Understanding (MoU) has been signed between OTPC and Assam Power Distribution Company Limited (APDCL) recently to develop a Battery Energy Storage System (BESS) Project having a total capacity of up to 250 MW / 500 MWh in Assam. OTPC and APDCL will incorporate a […] Read more
First Group Captive Solar Plant for Residential Society from Tata Power RE Ltd Updated On Wed, Jan 11th, 2023 by Saurenergy A subsidiary of Tata Power Tata and renewable energy giant Tata Power Renewable Energy Limited (TPREL), has entered into an agreement with Vivarea Condominium, a residential society in Mumbai for the supply of solar power. The captive solar power plant of capacity worth 3.125 MW solar plant will be established at Himayatnagar, Maharashtra. The power plant will generate clean […] Read more
Sterling Generators Eyes Strong Growth, Unveils New Identity Updated On Wed, Jan 11th, 2023 by Saurenergy Mumbai-based Sterling generators, a strong player especially in the large capacity segment, is expecting a strong growth path on the back of changing markets and its strong partnerships. Announcing its plans at a media interaction, the firm’s Chairman, Khurshed Daruvala, and CEO, Sanjay Jadhav, stressed on the company’s strong project management competencies and quality global […] Read more
Toyota Material Handling France & Alight Join Hands for Rooftop Solar Plant Updated On Wed, Jan 11th, 2023 by Saurenergy Toyota Material Handling France (TMHFR), a leading firm in materials handling equipment, has entered into a Power Purchase Agreement (PPA) with the solar energy firm Alight. Under the power purchase agreement (PPA), Alight provides solar energy to TMHFR at its facility in Bussy-Saint-Georges Paris, France. Alight develops, owns and manages the rooftop photovoltaic plant at […] Read more
German Institution DEG Funds Solar Micro-Grids Development in Nigeria Updated On Tue, Jan 10th, 2023 by Saurenergy Investment is picking up in Africa and the developed world seems to be making efforts to ensure that the continent is not bereft of access to green energy. The ace development finance institution of Germany, Deutsche Investitions- und Entwicklungsgesellschaft (DEG), is now funding the USA-based Husk Power Systems with $750,000 to build eight community solar […] Read more