Angola Secures €1.29 Billion Loan for Renewable Mini-Grids and Grid Expansion Updated On Tue, Jul 4th, 2023 by Saurenergy Angola’s Ministry of Finance has secured a loan of €1.29 billion ($1.41 billion) through the assistance of Standard Chartered Bank, UK. This funding will be utilized to implement 48 solar photovoltaic (PV) and energy storage mini-grids across various rural areas across Angola. The primary objective of this initiative is to promote self-sufficiency in energy consumption […] Read more
US targets Solar For Low Income Households With $7 Billion Grants Competition Updated On Tue, Jul 4th, 2023 by Saurenergy After giving a fillip to utility scale solar and solar manufacturing through the Inflation Reduction Act, the US is now focusing on the one aspect of solar power that has been a challenge. Providing low income families the option to go for solar. Till now, this has been an issue not just in the US […] Read more
APTEL Determines Interim CUF at INR 5.71 Per Unit for ODisha Hydro Project Updated On Mon, Jul 3rd, 2023 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has accepted the plea of Baitarani Power Project Private Limited contending the previous order of the State Commission, which had reduced its project tariff for a 24 MW small Hydro Electric Project to INR 5.03 per unit. The order had been passed by the Odisha Electricity Regulatory Commission in […] Read more
Ministry Of Power Notifies Domestic Carbon Credit Market Scheme Updated On Fri, Jun 30th, 2023 by Saurenergy The Ministry of Power has now notified the Indian Carbon Credit Market Scheme to boost the trading of carbon credits in the country. The scheme provisions talk about how the market would be governed in the country. The scheme proposed the constitution of a National Steering Committee, which will govern the Indian Carbon Credit […] Read more
India Gets Ready To Roll Out Its Domestic Carbon Credit Market Scheme Updated On Fri, Jun 30th, 2023 by Saurenergy Around a year after the Indian Parliament passed the Energy Conservation Bill 2022, the final draft of a scheme meant to govern the Indian domestic carbon credit market is close to completion. This legislation mandated the government to come out with rules to create a local carbon credit market. According to officials in the concerned ministries, […] Read more
HPCL Invites Bids for Consultancy for 100 MW Solar Projects in Andhra Pradesh Updated On Fri, Jun 30th, 2023 by Saurenergy State-owned Hindustan Petroleum Corporation Limited (HPCL) has issued a tender for the selection of a project management consultant for the installation of 100 MW solar project at Galiveedu Solar Park in Andhra Pradesh. The project is for captive consumption. The EPMC consultant will be responsible for the design, engineering, procurement, supply, erection, and commissioning of […] Read more
SOFAR Futuristically Designed Factory Visited by PVO International Updated On Thu, Jun 29th, 2023 by Saurenergy SOFAR, a global provider of PV and ESS solutions, was recently visited by PVO International Commercial Director Hans Ekelmans and Procurement Manager Erwin Damen at the firm’s brand-new manufacturing base in Huizhou. The first phase of SOFAR latest smart and digital factory covers an area of over 110 thousand square meters, with a total investment […] Read more
AngloGold Ashanti Unveils Renewable Project with Storage at Tropicana Gold Mine in Australia Updated On Wed, Jun 28th, 2023 by Saurenergy Global mining company AngloGold Ashanti plans to build one of the largest renewable projects in Australia’s natural resource sector, the firm announced recently. The company’s subsidiary, AngloGold Ashanti Australia Ltd., has agreed with power developer Pacific Energy to construct and operate 62 MW of wind and solar generation capacity at the Tropicana gold mine site. […] Read more
Amara Raja Wins 100 MW Solar Project in Bangladesh Valued at $130 Mn Updated On Wed, Jun 28th, 2023 by Saurenergy An arm of Amara Raja Group, Amara Raja Infra Private Limited (ARIPL), has won a 100 MW solar power project in Bangladesh. The value of the project is pegged at $130 million. As per the contract, the firm will look into the Engineering, Design, Supply, Installation, and Commissioning of the project, which is to be […] Read more
