IREDA Witnesses 26.71% Growth In Loan Book In 2023 Updated On Tue, Apr 2nd, 2024 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA), a green Non-Banking Financial Company (NBFC) in the country, claims to have achieved its highest-ever annual loan sanctions and disbursements in the financial year 2023-24. IREDA has sanctioned loans amounting to Rs. 37,354 crores and disbursed loans worth Rs. 25,089 crores during the fiscal year. This has led […] Read more
Global Wind Power Production “Very Predictable”, Finds Eoltech study Updated On Tue, Apr 2nd, 2024 by Saurenergy Eoltech, a wind and solar resource assessment consultancy, released the findings of a new study that aimed at assessing the variations of the global wind resource over the last 15 years. The data show that worldwide wind power production is very predictable, with annual variations remaining within a ± 3 % range. These results are […] Read more
UK Emissions Down By 5% From 2022, Wind Contributes 28% Of Power Generated Updated On Tue, Apr 2nd, 2024 by Saurenergy The United Kingdom has witnessed a reduction of 53 percent between 1990 and 2023 – down 5 percent from 2022 in cutting emissions, shows the UK’s Department for Energy Security and Net Zero report. The latest Energy Trends report by the Department for Energy Security and Net Zero also shows that offshore wind generated 17.3% […] Read more
Gensol Subsidiary–Scorpius Trackers Achieves 1 GW+ Contracted Orders Updated On Tue, Apr 2nd, 2024 by Saurenergy Solar tracker company Scorpius Trackers, a subsidiary of the Gensol Group, announced that it had reached its milestone of 1000 MW + in contracted orders across India, Japan, Saudi Arabia, and Uganda. The company’s client portfolio includes ReNew, Hero Future, Shapoorji, Tata Power, Engine, Sterling Wilson, Azure Power, Kosol Energy and. Notably, the company achieved […] Read more
IndiGrid Operationalises First Transmission project Updated On Tue, Apr 2nd, 2024 by Saurenergy KKR backed IndiGrid, India’s first and largest listed power sector infrastructure investment trust (InvIT), has announced the successful operationalisation of its first greenfield project – Kallam Transmission Limited (KTL) – at Beed, Maharashtra. The project was won by IndiGrid in December 2021 through the Tariff Based Competitive Bidding (TBCB) mechanism and has been developed on […] Read more
RE Company Sonnedix Signs EPC Pact With Spanish Firm Eiffage Energia Sistemas Updated On Mon, Apr 1st, 2024 by Saurenergy Renewable energy producer Sonnedix has signed its first Engineering Procurement Construction (EPC) Framework Agreement with Eiffage, one of Europe’s construction and concession companies, through its Spanish brand, Eiffage Energia Sistemas. Under the Framework Agreement, construction activities for Sonnedix’s pipeline of projects in Spain, Italy, and Portugal will be delivered under standardised general terms and conditions, […] Read more
ACWA Signs 25 Years PPA To Develop Wind, BESS Project In Uzbekistan Updated On Mon, Apr 1st, 2024 by Saurenergy Saudi based power company ACWA POWER signed a Power Purchase Agreement (PPA) with National Electric Grid of Uzbekistan. This agreement falls under the Public Private Partnership law in Uzbekistan with the National Electric Grid of Uzbekistan for Nukus 200 MW wind power project along with Battery Energy Storage System (BESS) to be set up in […] Read more
iFOREST Report Sees Potential For More Ambitious Renewable Targets In Assam Updated On Mon, Apr 1st, 2024 by Saurenergy iFOREST a research-based organization, in a recent report on enabling renewable energy in Assam recognized the steps taken by the Assam government to increase renewable energy (RE) penetration. It considered the states progress since the announcement of the Assam Renewable Energy Policy 2022 (AREP 2022) in November 2022. iFOREST’s research indicates the need for accelerated […] Read more
Nordcell Plans 1.2 GW Module Plant In Sweden Updated On Mon, Apr 1st, 2024 by Saurenergy Going against the grain of recent announcements of stress in the solar manufacturing sector in Europe, Swedish manufacturer Nordcell has shared plans to build a 1.2GW module manufacturing plant in northern Sweden, termed GIGA One. Nordcell said it is evaluating sites for the facility and hoped to begin production as early as the first half […] Read more
