Avaada Energy Gets Rs 1,190 Crore SBI Loan For Gujarat Solar Project Updated On Thu, May 2nd, 2024 by Saurenergy Mumbai-based green energy company Avaada Energy has announced that it secured a Rs 1,190 crore loan for a new solar project in Gujarat from the State Bank of India (SBI). The project is located in Surendra Nagar district of Gujarat. According to a statement by the company, the loan has been sanctioned for a 20-year […] Read more
Abu Dhabi Seeks RFP For 1.5 GW Solar Project Updated On Fri, Apr 19th, 2024 by Saurenergy Abu Dhabi’s Emirates Water and Electricity Company (EWEC) has issued a request for proposals (RFPs) for a 1.5GW solar PV plant in Abu Dhabi. Abu Dhabi follows a model where RFP’s are offered to firms from a closed pool of previously accepted developers that had bid for the Khazna project in September last year. The […] Read more
Sterling Tools Signs MoU With South Korea’s Yongin for EV Components Facility Updated On Thu, Apr 18th, 2024 by Saurenergy Automotive fastener manufacturer Sterling Tools Limited has signed a Memorandum of Understanding (MoU) with South Korea’s, Yongin Electronics Co. Ltd, a major supplier of components to the Hyundai Kia Motor Group for the production of electric vehicle (EV) and electronic components within India. This agreement is expected to generate Rs. 250 crore in business over […] Read more
News In Brief April 5- Alpex Solar, SolarEdge, Ford & More.. Updated On Fri, Apr 5th, 2024 by Saurenergy Alpex Solar bags govt orders worth Rs. 11.90 crore in Jharkhand under the PM-KUSUM scheme Alpex Solar says it has received orders for supply, installation and commissioning of 500 Solar Water Pumping Systems from Jharkhand Renewable Energy Development Agency. The Projects are scheduled to be completed within 120 days from the date of issue of work […] Read more
Adani Green Races Past 10 GW Operational Milestone In March’24 Updated On Wed, Apr 3rd, 2024 by Saurenergy With a string of plants being operationalised all through March last month, Adani Green Energy Limited (AGEL)has surpassed 10,000 megawatts (MW) of a completely green operational portfolio. AGEL’s operational portfolio consists of 7,393 MW solar, 1,401 MW wind and 2,140 MW wind-solar hybrid capacity. The milestone is a key landmark for AGEL’s goal of 45,000 […] Read more
RPC, Altea Green Power Ink Deal For 1GW Storage Project In Italy Updated On Tue, Mar 26th, 2024 by Saurenergy Renewable Power Capital (RPC) and Altea Green Power have entered into a development partnership for 1GW of battery energy storage in Italy. Through this partnership, RPC adds a new jurisdiction to its fast-growing European storage pipeline – which now stands at more than 5.5GW, according to a media statement by Renewable Power Capital. The development […] Read more
UK-Based Hive Energy Acquires 272 MW Polish Project Updated On Tue, Mar 5th, 2024 by Saurenergy UK-headquartered renewable energy developer Hive Energy, has completed the acquisition of four early-stage solar projects from Polish developer, T&T Proenergy. The projects totaling 272MW from Polish developer T&T Proenergy. The projects will be co-developed to Ready to Build status. The companies have an ongoing development agreement for a portfolio of photovoltaic projects with a minimum […] Read more
Renewable Power Capital Acquires 57MW Battery Storage Project In UK Updated On Tue, Feb 27th, 2024 by Saurenergy United Kingdom-based Renewable Power Capital (RPC) has completed the acquisition of a 57MW ready-to-build battery storage project in the UK. With this deal, RPC adds its first shovel-ready storage project to its UK portfolio. According to the press release, the construction on the site is due to start imminently. Energisation is expected next summer (2025), […] Read more
Switzerland-Based MET Group Building 23-MW Solar Farm In Hungary; AI To Assist Project Team Updated On Wed, Feb 21st, 2024 by Saurenergy Switzerland-headquartered MET Group has announced that it has started building a 23-MWp expansion to its Kaba solar farm in eastern Hungary. According to the press release, the 23 MWp photovoltaic plant will cover an area of almost 32 hectares in which more than 33,000 solar panels will be installed. The construction of the solar park […] Read more
