Duke Energy To Offload Commercial Distributed Generation Biz to ArcLight In $364 million Deal Updated On Thu, Jul 6th, 2023 by Saurenergy Duke Energy has announced an agreement to sell its commercial distributed generation business to an affiliate of ArcLight Capital Partners, LLC , a leading middle market infrastructure investor, for an enterprise value of $364 million, inclusive of non-controlling tax equity interests. Duke Energy expects approximately $259 million of proceeds from this transaction, which is subject to certain […] Read more
Sunsure Energy Appoints Prosenjit Chakraborty as Head, Performance Systems & IT Updated On Wed, Jul 5th, 2023 by Saurenergy Independent Power Producer SunSure Energy has appointed Prosenjit Chakraborty as the Head of Performance Systems & Information Technology in the Asset Management department. Prosenjit’s professional expertise entails developing and leading asset management systems in the renewables industry. In the past, Prosenjit held key positions at renowned firms such as Ayana Power, Vena Energy, ReNew Power, […] Read more
Sunsure Energy Pockets 4.5 MWp Solar Project From Allana Group For UP Plant Updated On Wed, Jul 5th, 2023 by Saurenergy Mumbai-based Allana Group, a global leader in manufacture & export of various food and consumer products including Frozen & Chilled Halal Meat has signed a 4.5 MWp open access solar PPA with Sunsure Energy, a leading renewable power developers. Through the PPA, Allana Group will be able to offset a significant part of the total […] Read more
Risen Energy Signs 1GW HJT Solar Module Supply Agreement with Athein Updated On Tue, Jul 4th, 2023 by Saurenergy Ningbo, China based Risen Energy, a leading producer of heterojunction (HJT) solar modules, has entered into a supply agreement with Singapore-based independent power producer (IPP) platform company, Athein Holding Pte Ltd. The agreement will see the solar module maker providing up to 1 GW of HJT solar modules to Athein Holding, supporting their renewable energy […] Read more
DRE Finds A Footing In India, Powered By Solar Updated On Tue, Jul 4th, 2023 by Saurenergy Laxmi Bhuyan is a 58-year-old woman from the Sindiba village in the Gajapati district of Odisha. This tribal village, with swatches of fertile land around the village periphery, bolstered the local farmers to grow different fruits and vegetables around the year. However, the raw fruits often yielded low prices for the producers. On the other […] Read more
Serentica Renewables Seals 1.25 GW Round-The-Clock Green Energy Agreements Updated On Mon, Jul 3rd, 2023 by Saurenergy Serentica Renewables has announced that it has signed over 1.25 GW of new Power Delivery Agreements (PDAs) with multiple industrial customers. This is in addition to the 580 MW PDAs that were signed in March 2023. To ensure the round-the-clock green energy needs of its customers, Serentica will install 4 GW of renewable energy capacities […] Read more
PFC Invites Bids for Evacuation of 1.5 GW Renewable Energy Updated On Mon, Jul 3rd, 2023 by Saurenergy PFC Consultancy Limited, a wholly-owned subsidiary of Power Finance Corporation Ltd has invited proposals for setting up of transmission projects on Build, Own, Operate and Transfer (BOOT) basis following single stage two envelope process of Request for Proposal (RFP). The Request for Proposal is for the selection of bidder as transmission service provider through tariff-based […] Read more
SECI & GUVNL Sign Battery Energy Storage Supply Agreement for 150 MW/300 MWh Updated On Mon, Jul 3rd, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has entered into an agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL). The BESSA (Battery Energy Storage Supply Agreement) signed between the two firms is for 150 MW/300 MWh. The agreement was signed at Vadodara. SECI has been frequently been issuing tenders for solar projects that entail BESS […] Read more
India Gets Ready To Roll Out Its Domestic Carbon Credit Market Scheme Updated On Fri, Jun 30th, 2023 by Saurenergy Around a year after the Indian Parliament passed the Energy Conservation Bill 2022, the final draft of a scheme meant to govern the Indian domestic carbon credit market is close to completion. This legislation mandated the government to come out with rules to create a local carbon credit market. According to officials in the concerned ministries, […] Read more