Avaada Energy Secures Rs 4,471 Cr Refinancing For Rajasthan Solar Projects Updated On Fri, Apr 19th, 2024 by Saurenergy Avaada Energy, the renewable energy arm of Avaada Group, has announced the successful closure of one of the largest refinancing transactions in India’s renewable energy sector, securing about Rs 4,471 crore from the state-owned lender, the National Bank for Financing Infrastructure and Development (NaBFID). This refinancing transaction, conducted under a Restricted Group (RG) structure, encompasses […] Read more
ISA Inks Pact With Bhutan For Development Of Solar Projects Updated On Thu, Apr 18th, 2024 by Saurenergy The International Solar Alliance (ISA) has signed a Country Partnership Agreement (CPA) with the Department of Energy and, the Ministry of Energy & Natural Resources in Bhutan. This partnership aims to pave the way for a more sustainable & resilient energy future for Bhutan, the ISA said in a post on X, formerly Twitter. “An […] Read more
Mishap At Omkareshwar Brings Forth Worries On Large Floating Solar Projects Updated On Tue, Apr 16th, 2024 by Saurenergy The pictures, and videos of the damage caused at India’s largest floating solar plant, at Omkareshwar in Madhya Pradesh, have brought forth a range of worries about the issues involved with floating solar, besides the best way to resolve them. The answer lies in better research and transparency about these projects., considered critical to regional […] Read more
DEME’s Offshore Vessel Completes Turbine Foundation Work In Scotland Updated On Tue, Apr 16th, 2024 by Saurenergy Belgium-based offshore energy company, DEME’s flagship ‘Orion’ completed monopile installation works on Ocean Winds’ Moray West offshore wind farm project in Scotland. Despite harsh winter conditions, DEME swiftly installed 29 monopiles in approximately two months. Meanwhile, DEME’s DP2 jack-up vessel ‘Apollo’ is installing the transition pieces. The Moray West offshore wind farm, developed by Ocean […] Read more
BII, FMO Lends BECIS US$50 Mn To Support RE Projects In South East Asia Updated On Mon, Apr 15th, 2024 by Saurenergy British International Investment (BII), and FMO, recently announced a joint loan commitment of US$50 million to BECIS, an energy-as-a-service (EaaS) provider in South-East Asia. The joint financing facility will be used to fuel BECIS’ expansion and back their energy solutions across Vietnam, the Philippines, Indonesia, Thailand, Malaysia and India. This is in response to the […] Read more
Mahindra Susten Enters Hybrid RE Segment With 150MW Projects Updated On Mon, Apr 15th, 2024 by Saurenergy Mahindra Susten recently announced its plan to develop a 150 MW hybrid RE (solar + wind) project at a total project cost of about Rs 1,200 crore. The project will be developed by Mahindra Susten, part of Mahindra Group and one of the renewable Independent Power Producers (IPP), with global investor Ontario Teachers’ Pension Plan […] Read more
IOCL Floats Tender For Multiple Solar PV Projects Across India Updated On Fri, Apr 12th, 2024 by Saurenergy Indian Oil Corporation Limited (IOCL) has released a tender for rooftops and spare land at various locations spread all over India for the installation of Solar Photo Voltaic (SPV) Plants and to maximise production and utilization of Renewable Energy through these SPV Plants. The IOCL company invited applications by Expression of Interest document, (EoI). It […] Read more
US Moves Closer To Add 25 GW RE Capacity With New Projects Updated On Fri, Apr 12th, 2024 by Saurenergy Joe Biden administration recently announced a series of milestones and associated actions to promote responsible clean energy development on public lands. This is to help achieve President Biden’s goal of creating a carbon pollution-free power sector by 2035. Secretary of the Interior Deb Haaland recently announced that the department has now permitted more than 25 […] Read more
RWE Inks Deal With US Firm For Solar, Wind & Storage Projects Updated On Wed, Apr 10th, 2024 by Saurenergy RWE Clean Energy has established relationship with renewables developer WhiteRock Renewables to accelerate the expansion of RWE’s onshore wind, solar, and energy storage development pipeline in the U.S. to achieve record growth. WhiteRock is expected to originate and develop 4 to 5 GW of onshore wind, solar, and battery energy storage system (BESS) projects and […] Read more
