German Institution DEG Funds Solar Micro-Grids Development in Nigeria Updated On Tue, Jan 10th, 2023 by Saurenergy Investment is picking up in Africa and the developed world seems to be making efforts to ensure that the continent is not bereft of access to green energy. The ace development finance institution of Germany, Deutsche Investitions- und Entwicklungsgesellschaft (DEG), is now funding the USA-based Husk Power Systems with $750,000 to build eight community solar […] Read more
NTPC, HPCL Sign Deal To Develop Renewable Energy Together Updated On Thu, Jan 5th, 2023 by Saurenergy NTPC Green Energy Ltd (NGEL) has signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) in New Delhi for development of renewable energy based power projects to tap business opportunities in renewable energy and supply of 400 MW round the clock renewable power for requirements of HPCL. The official statement of the […] Read more
Southeast Asia’s RE Firm ACEN to Add 700 MW Solar & Wind Energy in 2023 Updated On Wed, Jan 4th, 2023 by Saurenergy Just as the Philippines is aiming to raise the share of renewable energy in the country’s energy mix to 35% by the end of this decade and 50% by 2040, its renewable energy conglomerate ACEN Corporation is looking to operationalise 700 MW of solar and wind energy projects in 2023. ACEN is the energy platform […] Read more
Shriram Group Entity Orient Green Set for Hybrid Green Energy Expansion Updated On Tue, Jan 3rd, 2023 by Saurenergy Among the largest Independent Power Producers of renewable power in India, an entity of the Shriram Group, Orient Green Power has shared its ambitions for expansion of assets in the renewable energy space. The firm has further added that is exploring the possibility of growth in international markets as well. At present, the firm has […] Read more
The Power Ministry Report Card For 2022- Renewables Push, Reforms Lead Agenda Updated On Mon, Jan 2nd, 2023 by Saurenergy When it comes to energy and its countrywide distribution, the Power ministry is the responsible limb of the government. We look at the growth of clean energy and its distribution in India, while also assessing the various measures taken to promote clean energy in the seventh-largest country in the world. India is the world’s third […] Read more
Malaysian Power Firm TNB Enters UK Solar Power Projects Updated On Thu, Dec 29th, 2022 by Saurenergy Malaysian multinational electricity conglomerate Tenaga Nasional Berhad (TNB) has announced that it has signed an Engineering, Procurement & Construction (EPC) contract with BELECTRIC GmbH (BELECTRIC) for the construction and commissioning of 102 MW solar farms in the United Kingdom (UK). The official statement of TNB held that the deal was signed on December 14, 2022, […] Read more
US Based Primergy Solar Secures $200 Mn Credit Facility from Rabobank Updated On Tue, Dec 27th, 2022 by Saurenergy Oakland-California based solar energy and storage conglomerate Primergy Solar, has closed a $75 million revolving credit facility with Rabobank with the option to increase up to $200 million. Primergy held that the credit facility will be used to support a growing development pipeline of solar and solar+storage projects across the USA. The company’s near-term portfolio […] Read more
World Bank Inks Project to Scale up Renewable Energy Technologies in India Updated On Tue, Dec 20th, 2022 by Saurenergy The World Bank has announced that it has signed agreements with the Government of India (GoI) and Solar Energy Corporation of India Limited (SECI) for a $150 million IBRD loan, a $28 million Clean Technology Fund (CTF) loan and a $22 million CTF grant. The objective of the financial agreements is to help India increase […] Read more
NTPC Ltd Floats Tender for Supply of Power Transformer to Khavda Solar Park Updated On Fri, Dec 16th, 2022 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has invited online bids from eligible bidders on a Single Stage Two Envelope basis for the supply of power transformer supply package-II (South Block) under the development of 4750 MW NTPC Renewables Khavda RE park, Rann of Kutch, Gujarat. The last date for submitting the bid of this NTPC […] Read more
