Tata Power Gets DFC Backed USD 425 million For Cell and Module Plant in Tamil Nadu Updated On Mon, Sep 11th, 2023 by Saurenergy The U.S. International Development Finance Corporation’s (DFC) Board of Directors has approved the provision of up to USD 425 million in financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant at Tirunelveli district in Tamil Nadu, India. DFC […] Read more
US On Course For Record 32 GW Solar Capacity Additions in 2023 Updated On Fri, Sep 8th, 2023 by Saurenergy A new report from the US solar lobby Solar Energy Industries Association (SEIA) and Wood Mackenzie predicts a record addition of 32 GW of new capacity in 2023, a 52% increase from 2022. The US Solar Market Insight Q3 2023 report paints a positive picture of growth for the sector, especially with the IRA (Inflation Reduction Act) […] Read more
20 GW Sun Cable Darwin Project On Track Again Under Atlassian Founder Updated On Thu, Sep 7th, 2023 by Saurenergy Australian Software billionaire and Atlassian Founder Mike Cannon-Brookes has ensured the revival of the 20 GW, trans ocean Sun Cable Project, taking it out of administration by assuming full ownership. The project, to be set up near Darwin in Australia’s sparsely populated Northern Territory, is planned with a 20 GW solar footprint, besides 40 GWh […] Read more
Wind Industry Experts Bat For Extending PLI For Component Makers Updated On Wed, Sep 6th, 2023 by Saurenergy Experts working in the wind energy sector claimed that to expedite the growth of wind energy in the country, the government should consider giving incentives to the manufacturers of components and sub-components of wind turbines. During a recent press conference in New Delhi, Amit Kansal, CEO and Managing Director of Senvion India, an Original Equipment […] Read more
TPREL & Tata Motors Join Hands for 12 MW Solar Project Updated On Wed, Sep 6th, 2023 by Saurenergy Tata Power and Tata Motors Limited and Tata Power Renewable Energy Limited (TPREL) have joined hands via a power purchase agreement (PPA) for the development of a new 12 MWp on-site solar project. The plant will be established at the commercial vehicle manufacturing facility of Tata Motors Limited in Pune. TPREL is a firm that […] Read more
India On A Right Track Towards Net-Zero But Need Finances: Report Updated On Wed, Sep 6th, 2023 by Saurenergy A new report by Brusels-based think tank Strategic Perspectives compared the performance of five major economies- US, China, EU, India and Japan on zero carbon technologies. The report compared the performance of these five major economies on manufacturing, deployment and investment in key decarbonization technologies like renewable energy, and electric vehicles (EVs), as well as the […] Read more
Tata Power To Build 28 MW Captive Solar Plant For Sanyo Steel Updated On Thu, Aug 31st, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), the renewable arm of Tata Power through its subsidiary TP Alpha Limited (Special Purpose Vehicle –SPV), signed a Power Delivery Agreement (PDA) with Sanyo Special Steel Manufacturing India Pvt. Ltd. for a captive solar plant. It has a capacity of 28.125 MW (AC) (i.e. 39.375 MWp DC). The plant […] Read more
Morgan Stanley Forms JV With Crowley For US Offshore Wind Development Updated On Mon, Aug 28th, 2023 by Saurenergy Morgan Stanley Investment Management (“MSIM”), through Morgan Stanley Infrastructure Partners (“MSIP”), and U.S. maritime, energy and logistics solutions leader Crowley announced today the creation of a new joint venture to advance offshore wind energy solutions for the United States. Crowley rendering of Salem Offshore Wind Terminal The joint venture will strategically combine Crowley’s end-to-end maritime and logistics capabilities through the […] Read more
Solar Panel Producer Navitas Solar to Mark Presence in North America Updated On Thu, Aug 24th, 2023 by Saurenergy Solar panel manufacturing firm, Navitas Solar, is now expanding its global footprint and has established a strategic collaboration in the U.S. with key local partners including Sustainable Equity, Colby Solar, Pruitt & Associates, and Energized Ventures with support from law firms Husch Blackwell, Bricker Graydon, and consultants Attracting Resources. This partnership aims to bolster Navitas […] Read more
