Ministry of Home Affairs Issues Tender for 13 Off-Grid Solar Plants Updated On Wed, Jan 18th, 2023 by Saurenergy The Ministry of Home Affairs has issued a tender for the supply of 13 off-grid solar photovoltaic power plants. The solar power plants are to be set up in Central Armed Police Forces (Indo Tibetan Border Police). The date on which bids open is 23.01.2023 at 16.30 while the bid closes on 23.01.2023 at 16.00. […] Read more
APTEL Asks Andhra Pradesh DISCOM to Pay Dues to Vibrant at Lower Rate Than in PPA Updated On Wed, Jan 18th, 2023 by Saurenergy The Appellate Tribunal for Electricity at New Delhi (APTEL) has directed APSPDCL (the southern power DISCOM of Andhra Pradesh- Andhra Pradesh Southern Power Distribution Company Limited) to compensate Vibrant Greentech India Pvt Ltd for the electricity supplied to it by the firm. Further, the APTEL has asked APSPDCL to compensate the firm at Rs.2.93 per […] Read more
UAE to Invest $2 Billion in Solar Power in Zambia Updated On Wed, Jan 18th, 2023 by Saurenergy In a bid to step-up the renewable energy expansion in the resource-scare continent of Africa, UAE has signed a key agreement with Zambia to provide $2 billion for the development of solar power plants. The said investment is expected to increase the power generation base the southern African country by more than half. Zambia President […] Read more
Norwegian Sovereign Fund to Invest in 1,265 MW RE Capacity of Iberdrola Updated On Wed, Jan 18th, 2023 by Saurenergy Iberdrola has said that the Spanish multinational utility has entered into an alliance with Norway’s sovereign wealth fund, to invest in 1,265 MW of new renewables capacity in Spain. According to the terms of the agreement, the valuation of 100% of the assets in the portfolio amounts to approximately EUR 1.2 billion. The Norwegian fund […] Read more
Pune’s Arenq Collaborates with Kerala Automobiles Ltd for EV Distribution, Batteries Updated On Wed, Jan 18th, 2023 by Saurenergy Pune-based Arenq, which claims to be India’s fast-growing manufacturer and distributor of storage batteries, has announced that it has forged a long-term partnership with KAL (Kerala Automobiles Limited), the public sector automobile manufacturing company. The partnership will enable the supply of motors, motor controllers, and batteries for all their vehicles. Together, the firms will also […] Read more
Solar Tech Startup Loom Solar Raises $2 Mn Funding from SIMA Funds, USA Updated On Wed, Jan 18th, 2023 by Saurenergy Emerging start-up in solar tech Loom Solar has raised $2 Million funding from US-based Social Investment Managers and Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others. The start-up that looks into the manufacturing of bi-facial solar panels and lithium battery, is headquartered in […] Read more
Rays Power Infra Commissions its Largest Solar Project in Bangladesh at 275 MW Updated On Tue, Jan 17th, 2023 by Saurenergy Solar EPC firm Rays Power Infra has announced the commissioning of a 275 MW(DC) grid-connected solar power plant in Sundarganj, Gaibandha, Bangladesh. Spread over 600 acres of land, the project will offset over 375 billion tonnes of CO2 emissions, equivalent to 2.5 Lacs fuel engine cars, powering 5 lakh households in Bangladesh. The project comprises […] Read more
Ireland’s IPP Power Capital RE Secures €240 Million for 1.2 GW of Solar Assets Updated On Tue, Jan 17th, 2023 by Saurenergy Ireland’s leading solar Independent Power Producer, Power Capital Renewable Energy, has announced the closing of an up to EUR 240 million construction equity facility for the development of solar power projects. Power Capital held that the financial facility has been closed with a consortium of lenders managed by Eiffel Investment Group including Belgian insurance company Ethias […] Read more
Total Eren to Construct 100 Mwp Solar Farm in Columbia Updated On Tue, Jan 17th, 2023 by Saurenergy Columbia’s largest energy firm Ecopetrol, and French renewable energy Independent Power Producer Total Eren have announced that they have partnering to implement the ‘Rubiales’ solar photovoltaic (PV) park that will have a capacity of 100 MWp in Columbia. The official statement held that the solar PV park will be built on the site of the […] Read more
