Acconia Energía, The Blue Circle Sign 436MW Thailand Wind Energy PPA Updated On Wed, May 10th, 2023 by Saurenergy Spanish renewable energy developer Acconia Energía has been awarded a Power Purchase Agreement (PPA) for five wind projects totaling 436MW in Thailand together with its participated company The Blue Circle. The Blue Circle is a wind energy player mainly focused on ASEAN markets. Acconia Energía said that the projects have been allocated through a tender […] Read more
Rockefeller Foundation, Ikea and Bezos Fund Backed GEAPP Launches India Plans Updated On Fri, May 5th, 2023 by Saurenergy In a significant fillip to the energy transition movement, GEAPP or the Global Energy Alliance for People and Planet has finally launched its India operations. Backed by heavyweights including the Rockefeller Foundation, Ikea Foundation and Amazon Founder Jeff Bezos’s Bezos Fund, the platform brings in a welcome dose of capital and global linkages to impact […] Read more
Renewable Startups Now Have Better Funding Avenues: Abhishek Pillai, Solar Ladder Updated On Thu, May 4th, 2023 by Saurenergy Abhishek Pillai is one of the three co-founders who started Solar Ladder, a supply chain startup, four years ago. The three co-founders laid the firm’s foundation around the end of their London School of Economics course. The firm has around 250+ solar EPC (Engineering, Procurement, and Construction) installers on board four years later. It also […] Read more
ACWA Power Gets $123 Million Loan For 200MW Egyptian Solar Project Updated On Tue, Apr 25th, 2023 by Saurenergy Saudi Arabia’s renewables developer ACWA Power has secured a financial package of $123 million to develop 200MW Kom Ombo utility-scale solar power plant in Egypt. Financing institutions for the solar project of ACWA Power include EBRD, OPEC Fund OPEC Fund, African Development Bank (AfDB), Sustainable Energy Fund for Africa (SEFA), GCF, APICORP and Arab Bank. […] Read more
WBPDCL Issues EOI For Its 500 MW Floating Solar Project at Bakreswar Dam Updated On Thu, Apr 6th, 2023 by Saurenergy The West Bengal Power Development Corporation Limited (WBPDCL) has now issued an Expression of Interest (EOI) seeking consultants for conducting the technical and feasibility studies of the proposed 500 Megawatt (MW) floating solar power project on the catchment areas of Bakreswar dam. The WBPDCL will recruit the first consultants to conduct technical and feasibility studies […] Read more
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
Ørsted Acquires 160 MW Irish Solar Project ‘Garrenleen’ Updated On Fri, Mar 17th, 2023 by Saurenergy Ørsted has announced the acquisition of 160-MW capacity Irish solar project Garrenleen from RE conglomerate Terra Solar. It’s the second solar project of Ørsted in Ireland and will be able to power up to 56,000 households annually. This is also expected to be one of the largest solar farms in the country. Subject to Ørsted’s […] Read more
IREDA Plans Office in Gujarat’s GIFT City for Foreign Currency Funding of Renewables Updated On Fri, Feb 24th, 2023 by Saurenergy The Indian Renewable Energy Development Agency Ltd (IREDA) is planning to establish an office in Gujarat’s GIFT City to finance renewable energy projects in foreign currency. The office at GIFT City, Gandhinagar, will be classified as an overseas office, allowing the IREDA to avoid foreign exchange hedging cost. Pradip Kumar Das, Chairman and Managing Director […] Read more
GE Renewable Energy To Upgrade 39 Substations In Nepal Updated On Thu, Feb 9th, 2023 by Saurenergy GE Renewable Energy’s Grid Solutions Business is set to modernise 39 substations in Nepal, providing a boost to the country’s power transmission and distribution infrastructure. Supported by the Asian Development Bank (ADB), the project includes construction of six Master Control Centers (MCCs) that will be monitored by GE Digital Solutions. A Modern Power Infrastructure for […] Read more
