Morocco Eyes 1.6 GW Renewables with $1.95 Billion Investment in Disputed Western Sahara Area Updated On Thu, Feb 9th, 2023 by Saurenergy Morocco is emerging as the top performer when it comes to the adoption of renewables and minimizing the use of fossil fuels to generate power. In a new development, Morocco has launched a new project for renewable energy development in Western Sahara region with a massive investment of 20 billion dirhams ($1.95 billion). The announcement was made […] Read more
Longroad Announces Financial Close On & Begins Construction of 202 MW Umbriel Solar Project Updated On Wed, Feb 8th, 2023 by Saurenergy American renewable energy player Longroad Energy has announced the financial close of Umbriel Solar which is a 202 MWdc (150 MWac) solar PV project in Polk County, Texas. The firm said that the construction of the solar project has also commenced. Umbriel is sixth greenfield RE project of Longroad in Texas to reach financial close […] Read more
Three Wheels United & Eqaro Partnership with Log9 Materials For EV Financing Updated On Tue, Feb 7th, 2023 by Saurenergy Access to EV financing is an issue multiple players are looking to tackle. Among the various deterrents to EV financing, a key challenge is the nascency of the technology, which has not only led to questions on the reliability and performance but also to an assumed zero residual value by the financing institutions. The uncertainty […] Read more
Goldi Solar Bags NHDC’s EPC Contract on 8 MW Solar Plant to be Set up in MP Updated On Mon, Feb 6th, 2023 by Saurenergy Gujarat-based Goldi Solar has been awarded a project for a tender issues by Narmada Hydro-electric Development Corporation Limited (NHDC). The project is for the design, EPC contract aimed at the development of 8 MW ground-mounted solar PV plant at Sanchi district at Raisen, Madhya Pradesh. The contract includes evacuation arrangement up to DISCOM substation along […] Read more
Pristine Sun Gets Capital Commitment of $250 Million for Solar Expansion Updated On Mon, Feb 6th, 2023 by Saurenergy US renewable energy player Pristine Sun Corporation has announced a $250 million capital commitment from strategic private equity and family office investors to develop renewable energy projects. The equity commitment will allow Pristine Sun to develop, finance, and build up to 5 GW of its solar projects. The official statement of the firm held that […] Read more
ENERCON, Enerjisa Üretim to Install 1000 MW Onshore Wind in Turkey Updated On Thu, Feb 2nd, 2023 by Saurenergy Wind energy player ENERCON has announced that it has joined forces with Enerjisa Üretim, a joint venture of the E.ON – SABANCI Holding, which delves in energy generation, for the implement the YEKA RES 2 wind energy project in Turkey. ENERCRON said that the tender will play a major role in increasing the clean energy […] Read more
Five Secrets About Solar & Wind Power You Should Know Updated On Tue, Jan 31st, 2023 by Saurenergy As Solar and wind are becoming increasingly popular sources of renewable energy, detractors love to point to limitations like intermittency, efficiency as drawbacks. However, even as these drawbacks are being covered with the drop in storage costs and ever higher efficiencies for both these options, many people may not be aware of the reason solar […] Read more
Boost to SMEs, Easy Imports, Cheaper Financing: Solar Expectations from Budget ’23 Updated On Tue, Jan 31st, 2023 by Saurenergy Budget 2022 made major announcements. Primary among them was the earmarking of Rs 19,500 crore for production linked incentives towards the manufacturing of high efficiency solar photo voltaic modules. While this has been a source of hope for the industry, a major mood dampener has been the imposition of duties on solar cells and modules. […] Read more
Sunlit Power, Lucas TVS Collaborate For Supply Of 50,000 EV Motors Updated On Tue, Jan 31st, 2023 by Saurenergy Sunlit Power has announced that it has partnered with Lucas TVS and under the terms of the collaboration, it will supply 50,000 electric vehicle motors and controllers manufactured by the TVS Group firm to many industries. Sunlit Power is a storage battery manufacturer and distributor. The company manufactures the ARENQ brand of batteries. As per […] Read more
