GUVNL Awards 200MW Solar Project To Avaada Energy With A Tariff Of Rs 2.75/KwH Updated On Fri, Apr 21st, 2023 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has now awarded a 200 MW solar power project to Avaada Energy, an arm of Avaada Group. The project contract was given at a tariff of Rs 2.75 per Kilo-Watt-Hour (KwH). GUVNL awarded the project to the renewable energy company through competitive bidding, followed by an e-reverse auction. […] Read more
IFC To Back 44 MW Solar Plus Storage Malawi Project By Voltalia Updated On Thu, Apr 20th, 2023 by Saurenergy The International Finance Corporation (IFC), the private sector body of the World Bank and Voltalia, a renewable energy company have signed an agreement to arrange financing for the Dwanga Renewable Energy project at Malawi, an east African country. This project has two components which comprise 44 Megawatt (MW) of solar and power and 10 MW […] Read more
Lithuanian firm AEI Raises EUR 92 Million For Renewable Energy Investments Updated On Thu, Apr 20th, 2023 by Saurenergy Lithuania based investment company Atsinaujinančios Energetikos Investicijos (AEI) has announced that it has raised EUR 92 million in past two years and the investments will be made in the renewable energy sector. AEI is managed by Lords LB Asset Management. The company has made investments in the development of solar power plants in Poland and […] Read more
Waiting To Take Off-The PM-KUSUM Story Updated On Thu, Apr 20th, 2023 by Saurenergy Satveer Singh is a 51-year-old wheat farmer based at Mohanpura village in the Sri Ganganagar district of Rajasthan. Around a year ago, he enrolled online with the state government under the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) scheme. As a result, the solar developers installed a seven-Horse Power (HP) solar irrigation pump […] Read more
Goldwind Exceeds 100 GW Wind Turbine Installation Worldwide Updated On Wed, Apr 19th, 2023 by Saurenergy Chinese wind turbine manufacturer Goldwind has said that it has achieved the key milestone by exceeding 100 GW of global installed capacity recently. The feat is achieved through successful lifting of several wind power projects in Xinjiang, Inner Mongolia, Qinghai, Guangxi, Yunnan, Brazil, the United Arab Emirates, etc. Goldwind claims that it’s the first Chinese […] Read more
Enfinity Global Agrees with Statkraft for Supply of 34 GWh Clean Energy Updated On Wed, Apr 19th, 2023 by Saurenergy US-headquartered renewable energy player Enfinity Global Inc. has announced that it has signed a long-term solar power purchase agreement (PPA) with Statkraft for the supply of green energy from 134-MW solar power projects in Italy. The agreement is aimed at commercialization of 34 GWh/year of clean electricity in Italy that complements the closing of additional […] Read more
End of Nuclear Energy in Germany: What are the Fallouts? Updated On Wed, Apr 19th, 2023 by Saurenergy Germany recently announced the shutting down of its last nuclear power plants. From supplying nuclear power plant-based electricity to the grid for the first time, at Kahl in Bavaria in 1961, to now shutting down the last three in April 2023, Nuclear energy polarized people’s opinions and remained a point of debate for decades in […] Read more
ArcelorMittal Form JV In Brazil To Develop 554 MW Wind Power Project Updated On Wed, Apr 19th, 2023 by Saurenergy Global steel conglomerate ArcelorMittal has announced that its Brazilian entity, ArcelorMittal Brazil, is forming a joint venture partnership with Brazilian renewable major Casa dos Ventos to develop a 554 MW wind power project. ArcelorMittal Brazil will hold a 55 per cent stake in the JV, with Casa dos Ventos holding the remaining 45 per cent. […] Read more
OX2 Acquires Large Scale Finnish Solar Farm of 475 MW Capacity Updated On Tue, Apr 18th, 2023 by Saurenergy OX2, a firm that delves into the development of renewable energy solutions at scale and develops onshore wind power in Europe, has informed about the acquisition of the project rights of a solar power project in Huittinen, Finland. The firm has acquired the project from solar power developer SAJM Holding Oy. The capacity under development […] Read more
