SIDBI Secured $24.5 Mn from Green Climate Fund For Maiden Climate Project Updated On Wed, Mar 13th, 2024 by Saurenergy Small Industries Development Bank of India (SIDBI) has secured $24.5 Mn from Green Climate Fund (GCF) for its maiden anchored sustainability and climate focussed fund Avaana Sustainability Fund (ASF). The development came during the 38th meeting of the GCF Board in Kigali, Rwanda on March 6, reported the news agency PTI. The Green Climate Fund […] Read more
C-DAC, Tata Power Collaborate For Technology Transfer Of Electric Technology Updated On Wed, Mar 13th, 2024 by Saurenergy Union Minister of state for electronics and IT, skill development, entrepreneurship and Jal shakti, Rajeev Chandrasekhar recently inaugurated India’s first FutureLABS center in C-DAC Thiruvananthapuram recently. This center, namely, “Centre for Semiconductor Chips and Systems for Strategic Electronics”, is expected to play a crucial role in catalyzing an ecosystem for next generation chip design, manufacturing, […] Read more
Primergy Secures PPA With Microsoft For 408 MW Solar Project In Texas Updated On Tue, Mar 12th, 2024 by Saurenergy US-based solar and storage project developer Primergy announced that it has closed commitments for $588 million in debt financing for the 408 MWac Ash Creek Solar project in Hill County, Texas. The company also signed a long-term power purchase agreement with Microsoft for the full capacity of the plant. “The successful completion of this financing […] Read more
BrightNight, ACEN Announce US $1.2B Capital Partnership In Philippines Updated On Mon, Mar 11th, 2024 by Saurenergy BrightNight, a global renewable power producer and a clean and dispatchable solutions provider, announced its partnership with ACEN Corporation (ACEN), the leading Phillippines based industrial and energy group. This partnership was undertaken to advance the development, construction, and operation of Bright Night’s initial 1.0 GW renewable power portfolio in the Philippines. Through this newly formed […] Read more
NTPC’s 630 MW Barethi Solar Plant Promises To Power 3L Households Updated On Mon, Mar 11th, 2024 by Saurenergy Union Minister for Power and New & Renewable Energy R. K. Singh and Union Minister for Social Justice and Empowerment, Virendra Kumar together laid the foundation stone for Barethi Solar Power Project of NTPC REL in Madhya Pradesh recently. This solar power plant is said to light up 3 lakh households, the government claimed. The […] Read more
Downing Achieves Planning Approval For 50 MW Solar Farm in UK Updated On Thu, Mar 7th, 2024 by Saurenergy London-based Downing Renewable Developments, a subsidiary of investment manager Downing, has been awarded planning consent for a 49.9 MW solar farm, part of its 6GW pipeline of development projects across the UK. It has received the go-ahead for the Meerdyke Solar Farm near Marshland St James in Norfolk, which will produce enough renewable energy to […] Read more
US Solar Witnesses Over 50% New Capacity Addition To The Grid: Report Updated On Thu, Mar 7th, 2024 by Saurenergy A recent report by US-based think tank Wood Mackenzie and Solar Energy Industries Association (SEIA) estimated a 37% increase in new electric generating capacity in 2023 in the United States. This indicated an increase from the previous record set in 2021 and a 51% increase from 2022. According to the US Solar Market Insight 2023 […] 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
ReNew In Talks With Sembcorp To Sell 350 MW Assets: Report Updated On Fri, Mar 1st, 2024 by Saurenergy According to several media reports, Indian renewable energy company ReNew Energy Global Plc has initiated discussions to sell a portfolio of solar projects with a combined capacity of 350 MW to Singapore’s Sembcorp Industries Ltd The reports also said that earlier ReNew had sought to sell off a much larger 1.1-GW portfolio which included 750 […] Read more
