Origis Energy Secures $375 Million Credit for Solar, Storage Projects Updated On Thu, May 5th, 2022 by Saurenergy Origis Energy has announced the close of a $375 million credit facility for its solar and energy storage development project pipeline. This innovative facility for the renewable energy industry bundles Letter of Credit and equipment financing to fund the growing presence of Origis in clean energy assets. CIT, a division of First Citizens Bank, along […] Read more
The Top 5: Upcoming Floating Solar Power Projects in India Updated On Wed, May 4th, 2022 by Saurenergy From the founding member of International Solar Alliance in 2015 to installing over 50 GW of solar power capacity, India has come a long way in harnessing this renewable form of energy. With some of the biggest upcoming floating solar power projects, India further looks forward to add to its already surging solar capacity. The […] Read more
After Solar, Volatility Impacts Wind Manufacturers, Projects Affected in India Too Updated On Mon, May 2nd, 2022 by Saurenergy Rising demand and orders have failed to convert to profits for many wind energy manufacturing firms. Wind power heavyweights Vestas Wind Systems A/S, General Electric Co. and Siemens Gamesa Renewable Energy SA are all reeling from high raw material and logistics costs, changes in key clean-power subsidies, years of pressure on turbine prices and an […] Read more
GUVNL Issues Tender For 500 MW Non-Park-based Solar Power Projects Updated On Tue, Apr 19th, 2022 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL), the state electricity regulation board of Gujarat, has issued a Request for Selection (RfS) for procurement of power through Competitive Bidding from 500 MW Non-Park based Solar Power Projects with a Greenshoe option of an additional 500 MW. Prices are likely to be in the range of Rs 2.45 […] Read more
Oriano Clean Energy to Develop 40MWp Solar Power Projects for Shree Cement Updated On Tue, Apr 12th, 2022 by Saurenergy Mumbai based clean tech company Oriano Clean Energy Private Limited has announced that it has secured an order from Rajasthan based Shree Cement Limited (SCL) to develop about 40 MWp of solar power projects under Captive Open Access Mechanism. The contract is specifically for the building of solar PV projects of 30 MWp (2 x […] Read more
JSW Energy Begins Work at 225 MW Solar Power Project in Karnataka Updated On Fri, Apr 8th, 2022 by Saurenergy JSW Energy has announced that its subsidiary – JSW Renewable Energy Vijayanagar Ltd – has started operations of 225 MW solar power plants in Karnataka’s Vijayanagar. The official statement of JSW Energy said that the solar project is part of the 958 MW solar and wind projects that were announced earlier. Under the group captive […] Read more
Ingka Group (IKEA) Acquires 9 Solar Power Projects in Europe for €340 Million Updated On Thu, Apr 7th, 2022 by Saurenergy Sweden-based Ingka Group, which owns the majority of IKEA stores globally, has announced that it has acquired nine solar power park projects in Germany and Spain for €340 million. The combined capacity of the solar projects comes to 440 MW. The Ingka Group solar has acquired the portfolio from solar power developer ENERPARC. Four solar power projects […] Read more
Nexamp activates two solar+storage projects in Massachusetts Updated On Wed, Mar 23rd, 2022 by Saurenergy US distributed solar power generation company Nexamp has completed two energy storage projects, marking another milestone toward the buildout of a cleaner and more resilient regional power grid, an official statement said. Co-located with existing Nexamp community solar farms in Massachusetts, the battery storage projects are expected to provide critical frequency regulation services for the […] Read more
Tronox Announces 200 MW Solar Power Project in South Africa Updated On Wed, Mar 23rd, 2022 by Saurenergy Tronox Holdings, an integrated manufacturer of titanium dioxide pigment, has announced that it has entered into a long-term power purchase agreement (PPA) with the independent power producer, SOLA Group, to provide 200 MW of solar power to mines and smelters of Tronox in South Africa. The news comes even as closer home in India, steel […] Read more
