Four Areas Where Solar Power Can, Is, and Ought To Make a Bigger Impact Updated On Fri, Oct 13th, 2023 by Saurenergy “The real wealth of a nation is its people. The purpose of development is to create an enabling environment for people to enjoy long, healthy and creative lives,” said noted economist and Noble Prize winner Mahbub-ul-Haq. I was reminded of this profound universal concept that underpins today’s ‘Human Development Index,’ which serves as the defining […] Read more
Nextracker Primed For India Growth With 4.5 GW Order Book, 10 GW Capacity Updated On Tue, Oct 3rd, 2023 by Saurenergy US-based solar tracker leader Nextracker is set to ride the solar growth story in India, with its local manufacturing capacity up to 10 GW now. Spread across 13 factories across the country through its eleven contract manufacturing partners, the firm claims to have achieved 80% indigenization levels, giving it a strong advantage over global competitors. […] Read more
Magenta Mobility Secures Debt Financing from SIDBI for EV Deployment in Delhi NCR Updated On Thu, Sep 7th, 2023 by Saurenergy Magenta Mobility, a provider of electric mobility and EV charging solutions has secured debt financing for about 350 EVs under the Green Finance Scheme by the Small Industries Development Bank of India (SIDBI). The loan received from SIDBI will help to scale up deployment of Cargo Electric Vehicles for last mile deliveries across Delhi-NCR region. […] Read more
4GW Rooftop Solar Capacity In India Likely By 2024 End: IEEFA Report Updated On Fri, Sep 1st, 2023 by Saurenergy A latest report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics claimed that India’s rooftop solar market is likely to add a record 4 Gigawatt (GW) of capacity in the fiscal year of 2024. The report claimed that the sector is on its way to overcoming several major roadblocks. […] Read more
Voltalia Achieves Full Commissioning of Solar Cluster of 50.6 MW Capacity Updated On Tue, Aug 29th, 2023 by Saurenergy Renewable energy player, Voltalia, has successfully commissioned Garrido, the Portuguese cluster that entails five solar plants boasting 50.6 MW cumulatively. Construction for these projects began back in September 2021, advancing towards full capacity since March 2023. Power generation first kicked off at Vale Serrão (2.4 MW), Pinhal Novo (11.8 MW), and Alcochete (23.8 MW). The […] Read more
A Case For Green Financing For More Transmission Infrastructure Updated On Fri, Aug 4th, 2023 by Saurenergy In a provocative blog on the importance of the transmission sector and its role in the energy transition, two world bank staffers make the case for expanding the definition of green projects when it comes to transmission projects, to ensure faster adaption of these vital infrastructure to handle green energy projects. The article comes at […] Read more
Avaada Group in MoU with REC for INR 20,000 Funding Updated On Thu, Jul 20th, 2023 by Saurenergy On the sidelines of the fourth meeting of the G20 Energy Transition Working Group (ETWG), Avaada Group, has announced a partnership with the Rural Electrification Corporation (REC), concretized through a Memorandum of Understanding (MoU). This agreement ushers in support for Avaada’s energy transition ventures, with the total investment reaching INR 20,000 crores over the next five […] Read more
From Potential to Progress: What Does Africa Renewable Energy Journey Look Like? Updated On Thu, Jul 13th, 2023 by Saurenergy With 33 out of the world’s 47 least-developed countries nestled within its borders, and with more than half of the population in Africa having no access to electricity, the African continent stands as a veritable gold mine for those with a vision for progress in renewable energy. This article focuses on the progress made against […] Read more
Savannah Energy To Build 200 MW Solar Power Projects in Niger Updated On Fri, May 12th, 2023 by Saurenergy A move that is expected to speed up the expansion of renewable energy in Niger, Savannah Energy PLC, a British independent energy company, signed a Memorandum of Agreement (MoU) with the Niger government for the development of two solar power plants. The cumulative capacity of these two projects stands at 200 Megawatt (MW). Savannah Energy Niger […] Read more
