Husk Power Systems to Establish 80 Rural Microgrids; Signs Microdebt Facility with EDFI ElectriFI Updated On Thu, Sep 15th, 2022 by Saurenergy Husk Power Systems, operator of the largest fleet of solar-hybrid microgrids across rural Asia and Africa, has set its sights on electrifying 80 additional communities in India with $6 million in new debt financing from the EU- funded Electrification Financing Initiative (EDFI ElectriFI). What the Microgrids Offer The 80 solar microgrids will prove to be […] Read more
Tata Power Solar Receives LoA for 125 MW Floating PV Project Updated On Thu, Sep 15th, 2022 by Saurenergy A Letter of Award (LoA) for Rs. 596 crore from NHDC Limited was given to Tata Power Solar Systems for the establishment of a 125 MW floating solar project. The LoA was chosen through competitive tariff-based bidding. The project will supply M.P. Power Management Company Limited with sustainable power within 13 months of the Letter […] Read more
Canadian Solar Launches EP Cube Residential ESS Updated On Wed, Sep 14th, 2022 by Saurenergy Canadian Solar, which manufactures solar PV modules, has announced that its majority-owned subsidiary CSI Solar, will launch EP Cube, a lightweight and sleek all-in-one residential energy storage solution. The innovative product will be unveiled at RE+ trade show on September 19-22, 2022, in Anaheim, California. EP Cube- Driven by Innovation The EP Cube boasts of several […] Read more
North Sea Energy Cooperation Countries Eye 260-GW Offshore Wind by 2050 Updated On Tue, Sep 13th, 2022 by Saurenergy In major development that is expected to take Europe towards carbon free energy generation, the member countries of the North Sea Energy Cooperation (NSEC) group have announced that they would now target to add at least 260 GW of offshore wind energy by 2050. NSEC published the new targets after a meeting that was hosted […] Read more
California’s Pathway Power Raises $36 Million from The Forest Road Company Updated On Mon, Sep 12th, 2022 by Saurenergy Forest Road Renewables, a climate-focused infrastructure platform within financing firm The Forest Road Company, has announced a $36 million strategic investment in Pathway Power, a battery storage developer based in California. With the funding, Pathway Power will expand its portfolio of clean energy projects, which was designed to produce over 2 GW of energy across […] Read more
US-Based Arevon Secures $400M Green Loan for Solar, Storage Portfolio Updated On Tue, Sep 6th, 2022 by Saurenergy To finance the development of a 6 gigawatt (GW) pipeline of solar and storage projects in the Midwest, Southeast, and California, Arevon Energy, a US based renewable energy leader, has obtained a $400 million green loan fund credit facility from the Canadian Imperial Bank of Commerce (CIBC) and KeyBank N.A. The timing of this fundraising […] Read more
JSW Renew Energy Wins Big SECI Tender for BESS Updated On Sat, Aug 27th, 2022 by Saurenergy In a major development, JSW Renew Energy Five Limited, a special purpose vehicle of JSW Energy- is amongst India’s leading private sector power producing companies, has won a battery storage auction by SECI (Solar Energy Corporation of India). The auction was for the establishment of pilot projects entailing 500MW/1000 MWh standalone BESS (Battery Energy Storage […] Read more
O2 Power Acquires Emmvee Group’s Solar Plant Portfolio of 55 MW Updated On Thu, Aug 25th, 2022 by Saurenergy Delhi-based renewable energy producer, O2 Power has announced the acquisition of several solar power plants from Bangalore-based solar modules manufacturer Emmvee Photovoltaic Power. According to the company, these plants are located in Karnataka and Telangana and have a combined installed capacity of 55MW. A portion of this capacity is used to power state DISCOMs, and […] Read more
India Has Potential For Another 23.7 GW of Clean Energy by 2026: GWEC Updated On Thu, Aug 25th, 2022 by Saurenergy The Global Wind Energy Council (GWEC) and MEC Intelligence have launched a report on “Renewing Wind Growth to Power the Energy Transition: India Wind Energy Market Outlook 2026”. This third annual edition looking at the wind energy outlook in India highlights wind energy’s critical link to India’s green energy transition. The outlook suggests that the […] Read more
