Navisun Secures $235 Million to Fuel Solar Projects’ Growth Updated On Tue, Mar 14th, 2023 by Saurenergy Manhattan-based solar energy player Navisun LLC has announced that it has secured up to $235 million in debt financing through two facilities. Navisun is a solar independent power producer that co-develops, acquires, owns, and operates distributed and small utility-scale solar and storage projects. Navisun said that the financing will support its growth strategy, allowing it […] Read more
BMC Solicits Bids for Rs 90 cr Loan for Multiple Renewable Energy Projects Updated On Mon, Mar 13th, 2023 by Saurenergy Bhopal Municipal Corporation has issued a tender to invite loans for the installation of 20 MW solar projects (Phase I), 21 MW solar projects (Phase II), 15 MW wind energy projects and 1 MW rooftop solar projects. The bids are invited from nationalized banks, private banks, financial institutions and non-banking financial companies for long-tenure term […] Read more
ALMM Requirement For Solar Projects Deferred To April 2024 Updated On Fri, Mar 10th, 2023 by Saurenergy In a move that was as unexpected as seemingly inevitable, the MNRE(Ministry of New and Renewable Energy), in a late evening Office Memorandum, has declared that its orders for using only domestically approved modules in the Approved list of module manufacturers list (ALMM) will be held in abeyance till March 31, 2024. The ALMM order […] Read more
Three Japanese Solar Projects of 42 MW Capacity Powered up by Canadian Solar Updated On Thu, Mar 9th, 2023 by Saurenergy Manufacturer of solar PV modules which also delves into large scale solar projects, Canadian Solar, has shared that three of its solar power projects based have achieved commercial operation in the first quarter of 2023. The cumulative capacity of these projects is 42 MWp. The said projects are located in Oita Kitsuki, Gunma Takasaki and […] Read more
APTEL Refuses To Prevent SECI Encashing Bank Guarantee for Inox Green Power Projects Updated On Tue, Mar 7th, 2023 by Saurenergy Read more
Oracle Power & China’s CET Sign MoU to Set Up Renewable Projects With Battery Storage in Pakistan Updated On Tue, Mar 7th, 2023 by Saurenergy Pakistan-based power project developer Oracle Power has signed a memorandum of understanding with China Electric Power and Technology (CET)- a wholly-owned subsidiary of State Grid Corporation of China. They will explore the development, financing, construction, operation as well as maintainence of a green hydrogen project to be set up in Pakistan. The said project will […] Read more
APTEL Refuses To Prevent SECI Encashing Bank Guarantee for Inox Green Power Projects Updated On Tue, Mar 7th, 2023 by Saurenergy APTEL (The Appellate Tribunal For Electricity) has rejected the petition filed by Inox Green Energy Services Ltd, Haroda Wind Energy Pvt. Ltd., Khatiyu Wind Energy Pvt. Ltd.,,Ravapar Wind Energy Pvt. Ltd., , Vigodi Wind Energy Pvt. Ltd., seeking a restrain on Solar Energy Corporation of India Limited (SECI) from encashing the bank guarantee that had […] Read more
Denmark’s Copenagen Infrastructure Partners to Develop Wind Projects in India Updated On Mon, Mar 6th, 2023 by Saurenergy Denmark-based investment firm Copenhagen Infrastructure Partners (CIP) has joined hands with Indian firm that develops wind projects, Viviid Renewables for the establishment of over 1.8 GW of renewable energy capacity in India. CIP entered into the agreement through its Copenhagen Infrastructure New Markets Fund I (CI NMF I). The Indian firm and the Danish firm […] Read more
NREL Wins The Battle Of Commissions With GUVNL For 350 MW Solar Projects Updated On Fri, Mar 3rd, 2023 by Saurenergy Read more