BII, FMO Lends BECIS US$50 Mn To Support RE Projects In South East Asia Updated On Mon, Apr 15th, 2024 by Saurenergy British International Investment (BII), and FMO, recently announced a joint loan commitment of US$50 million to BECIS, an energy-as-a-service (EaaS) provider in South-East Asia. The joint financing facility will be used to fuel BECIS’ expansion and back their energy solutions across Vietnam, the Philippines, Indonesia, Thailand, Malaysia and India. This is in response to the […] Read more
NTPC Targets 3 GW Renewable Capacity in Fy25, 2 GW Thermal Capacity Updated On Mon, Apr 8th, 2024 by Saurenergy NTPC Ltd. India’s largest integrated power utility, has set a target to add 5GW of installed capacity in Fy25. The move comes even as NTPC has dusted off plans to start adding thermal capacity as well, after declaring it would stop adding the same from 2025, back in 2021. The changes have been driven by […] Read more
South Africa’s Solar Adoption Gathers Pace, But Challenges Remain Updated On Thu, Apr 4th, 2024 by Saurenergy South Africa has long been plagued by an energy crisis now. This has led to a situation where the nation faces rolling blackouts or load shedding as it has been called, for the past decade and more. It says something for the state of the power sector that a challenge that was predicted well over […] Read more
China Versus The US, Europe and Japan? Trade Battles Reach WTO Updated On Wed, Apr 3rd, 2024 by Saurenergy Days after China formally raised the issue of US subsidies under the Inflation Reduction Act (IRA), the US and Japan, with every possibility of Europe joining in, have been reported to be in formal talks to form a loose alliance to counter the Chinese threat on trade. While the United States and Japan have joined […] Read more
Sri Lanka Offers An Opportunity For India In Solar Updated On Thu, Mar 7th, 2024 by Saurenergy Sri Lanka, which joined the renewable energy bandwagon much later than many others, thanks to its extended civil war and the brush with bankruptcy till recently, is finally ready to move ahead on its targets. The island nation targets taking the share of renewable energy to 70% of its requirements, from a share of just […] Read more
MNRE Notifies Guideline For 13 GW RE, 12GWh BESS Projects In Ladakh Updated On Tue, Feb 20th, 2024 by Saurenergy The Cabinet Committee on Economic Affairs (CCEA) in its notification shared the recent President’s sanction for the implementation of a 13 GW renewable energy project in Ladakh (IST GEC – II). The long awaited project comprises of 13 GW renewable energy capacity along with a 12GWh Battery Energy Storage system (BESS) in Ladakh. The government […] Read more
Adani Green Operationalizes 551 MW Solar Capacity At Khavda Updated On Wed, Feb 14th, 2024 by Saurenergy Adani Green Energy Limited (AGEL), a renewable energy (RE) company and a solar PV developer, has recently operationalized 551 MW solar capacity in Khavda, Gujarat, to supplying power to the national grid. AGEL achieved this target within 12 months from the commencing work on the Khavda RE park. It started with the development of basic […] Read more
COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip Updated On Tue, Feb 13th, 2024 by Saurenergy Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar. Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […] Read more
China’s LONGi Inks Deal With Spain’s Naturgy To Supply 1 Million Solar Modules Updated On Mon, Feb 5th, 2024 by Saurenergy China-based solar technology firm LONGi and Spain-based energy utility firm Naturgy have signed a new module shipment agreement for Naturgy’s 2024 solar projects in Spain. As part of the agreement, LONGi will deliver just over one million modules from its Hi-MO 5 series, with a total output volume of 574 MWp. These bifacial modules will […] Read more
