Scatec Solar secures 150MW of solar project in Brazil Updated On Wed, Dec 7th, 2016 by Saurenergy Scatec Solar has signed an agreement with the Brazilian company Kroma Energia Ltda. and its partners (“Kroma”), securing four PV plants totaling 150 MW (DC) co-loated in the state of Ceará in Brazil. The projects were bid and won by Kroma in the auction process held by ANEEL, the Brazilian Electricity Regulatory Agency, in November […] Read more
IFC to invest up to USD 125 mn in Hero Future Energies Updated On Fri, Aug 26th, 2016 by Saurenergy International Finance Corporation (IFC) has announced to invest up to USD 125 million with IFC Global Infrastructure Fund in Hero Future Energies. The USD 125 million of equity and proceeds will be used to fund the construction of solar and wind power plant projects. Hero Future Energies Pvt Ltd plans to have a total installed […] Read more
Welspun Renewables’ extends Solar Capacity in Punjab Updated On Sat, Mar 5th, 2016 by Saurenergy Welspun Renewables is reported to have extended it solar capacity in Punjab by 4 MW (AC). Evaluating Punjab to a green energy run, the latest addition comes is thenceforth of its 32 MW (AC) Bathinda solar project. The two projects combined together will be annually feeding 54.37 million units of clean energy to the grid. Consequent […] Read more
Iran Explores Solar To Address Its Energy Imbalance Updated On Fri, Dec 27th, 2024 by Saurenergy Iran, an oil-rich nation, is grappling with an energy crisis exacerbated by harsh winter conditions. The country faces recurring sanctions that have significantly impacted its energy sector. Challenges such as insufficient investments in energy infrastructure, frequent power outages in industrial and residential areas, and severe energy shortages during winter have disrupted daily life. Factories and […] Read more
Hero Future Energies Commissions Solar Project In Karnataka Updated On Fri, Dec 27th, 2024 by Saurenergy Hero Future Energies, the renewable energy arm of the Hero Group announced the successful commissioning of its 29 MWp solar project in Chitradurga, Karnataka. This open-access site is meant to cater to the power needs of the southern state’s commercial and industrial (C&I) sector. The company said that the solar project is expected to generate […] Read more
ACME’s Subsidiary Secures Rs. 1,988 Cr Financing From PFC Updated On Thu, Dec 26th, 2024 by Saurenergy ACME Renewtech Private Limited, a subsidiary of Haryana-based ACME Solar Holdings (ACME Solar) recently secured Rs. 1,988 crore term loan financing from Power Finance Corporation (PFC). This financing will fund the development and construction of a 300 MW Solar-Wind Hybrid Renewable Energy Project. The project will be located in high-resource potential areas, with solar capacity […] Read more
The 10 Big Milestones That Will Define India’s RE Sector In 2025 Updated On Thu, Dec 26th, 2024 by Saurenergy The Indian renewable energy market witnessed several historic events in 2024. These include policy changes, diversified and copious tenders, a record pace of green project installations, bulging order books across manufacturers, EPCs and more. While the overarching focus of the year was to be self-reliant in manufacturing, with real progress finally visible, China still cast […] Read more
India Needs Over A Million Additional Engineers by 2050 for RE Vision: IREDA Chief Updated On Mon, Dec 23rd, 2024 by Saurenergy Pradip Kumar Das, Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd. (IREDA), addressed the Visionary Talk hosted by the 39th Indian Engineering Congress at Kolkata on 20th December 2024. In his address, CMD, IREDA spoke about the critical need for talent to drive the Renewable Energy sector both in India and […] Read more
SJVN Green Invites Bids For 1.352 GW PM-KUSUM Comp-C Project In Maharashtra Updated On Mon, Dec 23rd, 2024 by Saurenergy As part of its efforts to increase the implementation of feeder-level solarization under Component-C of PM-KUSUM, SJVN subsidiary SJVN Green has now released a tender to install 1,352 MW capacity through solar power projects across 102 locations in four districts of Maharashtra. These districts are Pune, Nashik, Ahmednagar, and Solapur. SJVN Green is accepting bids […] Read more