KSEB Gets Nod for KfW Funding for Green Energy Corridor Projects Updated On Thu, Apr 6th, 2023 by Saurenergy The Kerala State Electricity Board (KSEB) has received the green signal from the German development bank, KfW, for securing a loan for the Green Energy Corridor (GEC) project that it is implementing. The signatories of the pact will be the State government, KSEB and KfW. It may be recalled that the Central government and KfW […] Read more
CERC Adopts SECI’s Agreed Tariff For 1200 MW Wind-Solar Hybrid Projects Updated On Thu, Apr 6th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) on Thursday adopted the individual tariffs as decided by the Solar Energy Corporation of India Ltd (SECI) for its 1200 Megawatt (MW) of Wind-Solar Hybrid Power Projects (Tranche-IV). These projects will be connected to the Inter-State Transmission System (ISTS). SECI issued the Request for Selection (RfS) for these projects […] Read more
EBRD, GCF Support 500 MW Wind Farm In Egypt; To Be Largest In Africa Updated On Thu, Apr 6th, 2023 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has issued a senior secured loan of up to $100 million to Red Sea Wind Energy for the development, construction and operation of a new 500 MW onshore wind farm located in the Gulf of Suez area in Egypt. The loan consists of a portion of up […] Read more
Octopus Energy Enters Asian Market With 250 MW Solar Push in Japan Updated On Wed, Apr 5th, 2023 by Saurenergy London headquartered renewable player Octopus Energy has entered the Asian market. The generation arm Octopus Energy that manages £6bn green energy assets globally has announced its investment in Yotsuya Capital, an innovative solar developer in Japan, with the aim to accelerate Japan’s energy transition. Octopus Energy said that it already has projects in the pipeline […] Read more
NextEnergy, Statkraft Sign PPA For 210 MW Portuguese Solar Projects Updated On Wed, Apr 5th, 2023 by Saurenergy NextEnergy Capital, a UK based global solar specialist in the renewables sector, has announced the signing of a PPA in Portugal with Statkraft AS, a Norwegian state owned utility. The three solar plants owned by NextPower III ESG, an international solar fund managed by NextEnergy Capital, have a total installed capacity of 210MW and are […] Read more
How Flexible Solar Panels are Changing the Way We Generate Solar Energy Updated On Wed, Apr 5th, 2023 by Saurenergy Installing solar has become one of the most attractive ways to contribute to the green energy future. Thanks to various advancements in solar technology, like bifacial solar modules, solar trackers, agrivoltaics, etc., solar is now more optimized to adapt to various needs, such as maintaining the aesthetic of buildings and more. While at the same […] Read more
IEX achieved 9,212 MU of overall volume in March 2023, Power Prices Average Rs 5.25/Unit Updated On Tue, Apr 4th, 2023 by Saurenergy The Indian Energy Exchange (IEX) on Tuesday claimed that it achieved 9,212 Million Units (MU) of overall volume in March 2023. It included green market trade of 391 MU, 8.69 lakh Renewable Energy Certificates (REC), equivalent to 869 MU, and 22,881 ESCerts (equal to 23 MU). The power exchange claimed that its overall volume during […] Read more
INOX Partners Tata Power Saurya Bandita for 40 MWp Captive Solar Plant Updated On Tue, Apr 4th, 2023 by Saurenergy INOX Air Products (INOXAP), which claims to be India’s largest manufacturer of industrial and medical gases has joined hands with TP Saurya Bandita Limited, a special purpose vehicle of Tata Power Renewable Energy Ltd, for setting up a captive solar plant at Dhule, Maharashtra. The solar power project with a capacity of a 40MWp, would […] Read more
Australian Renewable Energy Agency Invites EOI For Grid-Connected Community Batteries Updated On Tue, Apr 4th, 2023 by Saurenergy Last year, Australia’s government made an announcement about the $200 million in grant funding for the Community Batteries for Household Solar Program. The initiative is aimed at delivering community batteries to lower electricity bills and emissions while also aiding storage of excess solar energy, and curbing grid pressure. Now, a new round of grant funding […] Read more