Solar & Waste To Energy Specialist Sukhbir Agro Completes Rs 1,325 Crore Bond Issue Updated On Mon, Apr 3rd, 2023 by Saurenergy Renewable energy company Sukhbir Agro Enterprises Limuted (SAEL) has announced that it has secured Rs 1,325 crore by the way of issuance of bonds. SAEL has received the funds as long term financing which is denominated in rupees. The AA rated bonds are slated to mature a decade after in 2033. SAEL said in its […] Read more
FY23’s Final Big Tender Is SECI’s Tender For 2000 MW ISTS Connected Solar Projects Updated On Fri, Mar 31st, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has issued atender for the selection of solar power developers for setting up of 2000 MW (2GW) inter-state transmission system ISTS-connected solar power projects in India. The tender is issued for Tranche XI. The tender follows a noticeable slowdown in fresh issue of tenders, as SECI focused on […] Read more
Hartek Solar Bags 22 MW Floating Solar Project From SJVN Updated On Fri, Mar 31st, 2023 by Saurenergy Hartek Solar has announced that it has been awarded a contract by SJVN Green Energy Limited to build a 22 MW floating solar PV power project at Nangal Pond, District Bilaspur, Himachal Pradesh. Hartek Solar is the renewable and solar EPC business unit of the Hartek Group. Hartek Solar informed that this project, upon commissioning, […] Read more
GIG, Shell Energy To Deliver 200MW Australian Energy Storage System Updated On Fri, Mar 31st, 2023 by Saurenergy Green Investment Group (GIG) and Shell Energy Operations (Shell Energy) have partnered to deliver a utility-scale battery energy storage system (BESS) in Cranbourne, Victoria. GIG belongs to Macquarie Asset Management. GIG said that once fully operational, the 200MW / 400MWh Rangebank BESS will have the storage capacity to power the equivalent of 80,000 homes across […] Read more
UK’s Gemcorp Capital Seeds $150 Million Into Kenyan Clean Energy Platform Updated On Fri, Mar 31st, 2023 by Saurenergy UK based Gemcorp Capital Management Limited has committed a substantial capital investment into Milele Energy, a clean energy platform to be headquartered in Nairobi, Kenya that will focus on development, acquisition, and optimization of clean energy assets across sub-Saharan Africa. Gemcorp said that the seed investment includes funding for the planned acquisition by Milele of […] Read more
India’s Energy Transition – State of Play and Interesting Lead Indicators Updated On Fri, Mar 31st, 2023 by Saurenergy Energy Transition has transformed from mere buzz word a decade ago to a ray of hope for our future. A nation’s energy transition journey encapsulates a wide gamut of subjects – policies, schemes, finances, economic growth, technology. In a series of articles to be published, we will explore these subjects pertaining to India. But from […] Read more
Canada Joins The Race To Offer Clean Energy Manufacturing Incentives Updated On Fri, Mar 31st, 2023 by Saurenergy After the US and it’s Inflation Reduction Act, The European subsidies for local manufacturing and India’s very own Production Linked Incentives (PLI) scheme it is now apparently the turn of Canada to get on to the local manufacturing bandwagon. The federal government led by Justin Trudeau has announced plans to introduce tax credit incentives and […] Read more
Ascend Elements Opens Largest EV Battery Recycling Facility of North America Updated On Fri, Mar 31st, 2023 by Saurenergy As recycling continues to emerge as a key pillar of the Lithium battery question, Ascend Elements has opened its first commercial-scale lithium-ion battery recycling facility this week. The facility is claimed to be the largest in the US, the world’s largest auto market. Ascend Elements said that located in Covington, Georgia, the $50 million Base […] Read more
Arctech Wins Tracker Deal For Azerbaijan’s Largest Solar Project Updated On Fri, Mar 31st, 2023 by Saurenergy Chinese solar tracking and racking solution provider, Arctech has announced that it has won a 312 MW project providing SkyLine II solar tracker in Azerbaijan. The solar power project is also the largest solar project in the Central Asian country, according to an Arctech release. In order to effectively cope with the complex environment, Arctech […] Read more
