Iraq investing $680 million in renewable energy projects Updated On Thu, May 26th, 2022 by Saurenergy Iraq authorities have approved an expenditure of one trillion Iraqi dinars or $680 million for the expansion and development for renewable power projects in order to reduce the dependence of imported power and enhance the use of RE in the country. The Central Bank of Iraq had planned to allocate the funds for solar power […] Read more
Egypt Will Generate 10GW Renewable Energy Next Year Updated On Thu, May 26th, 2022 by Saurenergy The government of Egypt is looking to expedite the renewable energy projects in the country, with plans to generate about 10,000 MW of solar and other renewable power in 2023 said a government official to media. The government expects the rise in renewable energy production in the coming year as many energy projects will then […] Read more
Davos Casts A Spell, ReNew Power Signs Another MoU With Karnataka Updated On Wed, May 25th, 2022 by Saurenergy Davos seems to be working like a magnet to all stakeholders in renewable energy from across India. MoU after MoU have been signed here on the sidelines of World Economic Forum. Soon after signing an MoU with Maharashtra a couple of days ago, ReNew Power on May 25, signed another Memorandum of Understanding (MoU) with […] Read more
Maharashtra, ReNew Power Sign Rs 50,000 Crore RE MoU In Davos Updated On Wed, May 25th, 2022 by Saurenergy The Maharashtra energy department and ReNew power, one of India’s leading renewable energy companies, signed an MoU of Rs 50,000 crore in Davos on May 24 for investments in renewable energy in the state for the next six to seven years. Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) Managing Director Vijay Singhal signed the MoU […] Read more
SECI Announces 1.2 GW Wind Auction Results, NTPC Lowest Bidder at Rs 2.89/unit Updated On Wed, May 25th, 2022 by Saurenergy Solar Energy Corporation of India (SECI) has announced the winners of the 1.2 GW Wind Energy Projects’ auctions or Tranche XII for interstate transmission connected wind projects. Even as NTPC bid at Rs 2.89/unit, for its 200 MW bid, it was Halvad Renewables Pvt Ltd that won 300 MW at a price of Rs 2.93 along […] Read more
GoodLeap Securitizes $467 Million Residential Solar Loan Updated On Tue, May 24th, 2022 by Saurenergy Leading American Solar loan provider GoodLeap (formerly Loanpal), announced on May 23 the closure of GoodLeap Sustainable Home Solutions Trust 2022-2 following the securitisation of residential solar loans worth $467 million to approximately 11,000 homeowners. Originated on the GoodLeap platform, the securitization was underwritten by Credit Suisse and Goldman Sachs. Tanguy Serra, GoodLeap’s President and […] Read more
Tesla Nears Setting-up Electric Vehicle & Battery Factory in Indonesia Updated On Tue, May 24th, 2022 by Saurenergy Leading EV seller Tesla is close to inking a pact that will allow the US-based company to set up an electric vehicle factory in Indonesia. The facility may come up in Central Java’s Industrial complex and it may also host manufacturing of EV batteries. As per reports, the construction could start by the end of […] Read more
Greenko Will Supply Renewable Power to ArcelorMittal, Ayana, DISCOMS Updated On Tue, May 24th, 2022 by Saurenergy Hyderabad based Greenko Energies Pvt Ltd will be supplying clean power to ArcelorMittal, Ayana Renewable Power and three Indian states from its upcoming renewable energy plus storage facility worth 5,230 MW being constructed in Kurnool, Andhra Pradesh, according to reports. Just days ago, Greenko commenced the work on the integrated RE storage project in Kurnool […] Read more
High Power Bifacial Module Project Debuts At Excel Ceramics In Jamnagar, Powered by GoodWe Updated On Mon, May 23rd, 2022 by Saurenergy Jamnagar has got the first of what should be many upcoming Bifacial powered solar plants. Bifacials have had a slow start in India due to cost issues, are are widely becoming the preferred option in developed markets like Australia, the US and even China, especially in segments where productivity is valued at a premium. With […] Read more