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KKR Purchases $550 Million Loan Of SunPower

North American residential solar technology and energy services provider SunPower and global investment firm KKR have signed a definitive agreement under which credit funds and accounts managed by KKR will commit to purchasing $550 million of solar energy loans made to SunPower customers. This transaction is expected to support SunPower Financial’s continued ability to offer […]

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Renewable Energy: Looking Beyond Gujarat In 2023

The Indian story of renewable energy is actually a story of paradoxes. Thus, even as the country has made remarkable progress in adding renewable capacity, it still fell comfortably short of the 175 GW target for 2022 Nationally, the country today has achieved 168 GW of renewable energy including large hydro power but the travesty […]

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7 Reasons Why Renewable Energy Can Be A Life Saver In Disasters & Conflicts

Several coastal Indian states along the Bay of Bengal have often witnessed repeated cyclone episodes. Such devastating extreme weather events have created massive destruction of the power infrastructures like electric poles and grids in the past. On the other side, most of the eastern Indian states lying close to the Himalayas have been earmarked as […]

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Gothenburg Port Authority Claims Stake in 1 GW Swedish Offshore Wind Project

Gothenburg Port Authority has bought a minority share in the Swedish offshore wind farm of 1 GW (unbuilt) by Eolus, a wind power developer in the Nordics. The said offshore wind farm, which boasts of an installed capacity worth 1,000 MW in Sweden, will have the potential to produce 4-4.5 TWh of renewable electricity every […]

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Suzlon Wins Second Order for 3 MW Series Turbines From Juniper For 69.3 MW Project

Independent Power Producer Suzlon Group has revealed that it has secured the second order of the 3 MW product series aimed at the development of a 69.3 MW wind power project for Juniper Green Energy Private Limited. As per the agreement, Suzlon will install 22 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) […]

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Subsidy-Free Offshore European Wind Bids On The Rise: GlobalData Report

The latest report by GlobalData, a data and analytics company, claimed that European countries are witnessing increased subsidy-free wind energy bids due to intense competition. However, the report said several factors have also led to the undersubscription of renewable energy auctions.  GlobalData’s latest report titled ‘Europe Renewable Energy Policy Handbook 2023’ pointed out that the […]

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Aiming To Bring Down Energy Storage Costs: Manish Narula, Jinko Solar 

Manish Narula is the Executive Vice President of Chinese solar manufacturer–Jinko Solar (South Asia). In an exclusive interview with Saur Energy in Hyderabad, Narula talked about his company’s experiments with newly-started energy storage devices, bifacial solar panels, and the future of these in India. Excerpts:   How has the experience of Jinko Solar been in India till now? […]

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IPP Conrad Energy & BNP Paribas Join Hands for English Solar Farm

UK’s Independent Power Producer (IPP) Conrad Energy has entered into an agreement with BNP Paribas for a period of 15 years. The Power Purchase Agreement (PPA) will pave the way for renewable energy to be supplied from Conrad Energy’s newly set up solar farm in Herefordshire, England. The Larport Solar Farm is slated to deliver […]

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CERC Directs Delhi International Airport Ltd to Apply for Fresh Accreditation for RE Certificate

The Central Electrcity Regulatory Commission has approved the plea of Delhi International Airport Limited (DIAL) seeking relaxation of Renewable Energy Certificate (REC) norms owing to change in legal status. It has directed DIAL to apply afresh for accreditation and registration of REC. The petition by DIAL had been filed against the National Load Despatch Centre […]

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