Ubiquitous Energy Raises $30 M to Push Transparent Solar Window Tech Updated On Thu, Jan 13th, 2022 by Saurenergy Ubiquitous Energy, which makes transparent photovoltaic glass coating that harnesses solar power to generate energy, all while remaining visibly indistinguishable from traditional windows, closed a $30 million Series B funding round late last year. Including this Series B round, a total of $70 million of funding has been raised by the company to date to […] Read more
APTEL Reinstates Inox Subsidiary’s 50MW Wind Project Updated On Thu, Jan 13th, 2022 by Saurenergy Inox Wind on Wednesday said the Appellate Tribunal for Electricity (APTEL) has reinstated a 50 MW wind energy project in Kutch being undertaken by its arm at a tariff of Rs 3.46 per unit. “Appeal No. 292 of 2021 filed by Wind Four Renergy Private Ltd (WFRPL), a wholly owned subsidiary of Inox Green Energy […] Read more
Inverter Maker Ingeteam Equips Spain’s 1st Solar+Storage System Updated On Thu, Jan 13th, 2022 by Saurenergy Spanish inverter manufacturer Ingeteam recently revealed that the company was chosen by electric utility Iberdrola to be its technology partner for the purpose of equipping its solar plant at the Campo Arañuelo photovoltaic complex, Spain, with a battery energy storage system solution. The 40 MW Arañuelo III photovoltaic plant is already in operation, reportedly the first large-scale […] Read more
PGCIL Inks Pact with Africa50 for Kenya Transmission Project Updated On Thu, Jan 13th, 2022 by Saurenergy State-owned Power Grid Corporation of India Ltd (PGCIL) has inked a pact with pan-African infrastructure investment platform Africa50 to continue the development of the Kenya Transmission Project on a public-private partnership basis. According to a statement by the power ministry, the project entails the development, financing, construction, and operation of the 400kV Lessos-Loosuk and 220kV […] Read more
2022’s First Big Tender Is SECI’s 1200 MW Tranche XIII Wind Tender Updated On Thu, Jan 13th, 2022 by Saurenergy In its first big tender for 2022, the Solar energy Corporation of India (SECI) has gone with wind, inviting bids to develop 1,200 MW of interstate transmission system (ISTS)-connected wind power projects (Tranche XIII). The tender leaves the onus of identifying and arranging land on the bidders, a factor that has caused immense delays in […] Read more
Rajasthan Farmers to Get Collateral-free Loan to Install Solar Plants Updated On Wed, Jan 12th, 2022 by Saurenergy Farmers in Rajasthan will now be able to acquire loans from banks without depositing any collateral (security) for solar plants ranging from half a kilowatt to two megawatts on barren and waste land under PM Kusum yojana, according to recent media reports. Farmers who wish to build the plant will no longer have to mortgage […] Read more
U.S. to add 21.5GW Solar Capacity in 2022; Texas to Claim over 6GW: EIA Updated On Wed, Jan 12th, 2022 by Saurenergy The U.S. Energy Information Administration (EIA) predicts that in 2022, 46.1 GW of new utility-scale electric generating capacity to be added to the country’s power grid in 2022, almost half of which is planned to come from solar, followed by natural gas at 21% and wind at 17%. Developers and power plant owners report planned […] Read more
NextEnergy Capital Divests its 149MW Italian Solar Portfolio Updated On Wed, Jan 12th, 2022 by Saurenergy London-based solar investor NextEnergy Capital has announced the sale of the entire portfolio of operating solar projects owned by NextPower II (Fund) in Italy. The Fund’s portfolio comprises 105 individual solar plants for a total installed capacity of 149 MW. Its plants are located across Italy, in regions including Piedmont, Lombardy, Veneto, Tuscany, Puglia, Sardinia, […] Read more
Decarbonisation to See $395 B Capex by 2030: Report Updated On Wed, Jan 12th, 2022 by Saurenergy As India moves more aggressively towards its decarbonisation goals with the overall energy economy shifting towards greener fuels, a Wall Street brokerage has said this space will see a capex of $395 billion by 2030. At COP21 in Paris, as part of its nationally determined contributions, New Delhi had committed to achieve 40 per cent […] Read more
