Electricity Generation Company Genex Power To Take Over Australia’s Solar & Battery Project Updated On Fri, Aug 12th, 2022 by Saurenergy A 2 GW solar and battery energy storage system project in Queensland will be developed by the Australian energy business Genex Power. Nearly 100 kilometers southwest of Toowoomba, in southeast Queensland, is where you’ll find the Bulli Creek Clean Energy Project. It will be built out over a 5,000ha plot of land in five stages. […] Read more
OMERS Private Equity Buys Stake In Solar O&M Company NovaSource Updated On Thu, Aug 11th, 2022 by Saurenergy A minority share in the solar operations and maintenance (O&M) company NovaSource Power Services with headquarters in Arizona has been bought by OMERS Private Equity, a division of the Ontario-focused pension fund OMERS. With more than 20GW of solar and storage assets under management, including residential, commercial, industrial, and utility-scale power facilities spanning North America, […] Read more
Exus Purchases 1GW Solar Power Project In Brazil Updated On Wed, Aug 10th, 2022 by Saurenergy Exus Brasil Investimentos – known for making investments in green projects – will be acquiring a solar power project complex worth 1 GW in Brazil from Decal Renewables and Upside Value. The solar portfolio actually consists of 20 different solar projects in Piauí. The transaction will take place through acquisition of shares of Riacho da […] Read more
GPIL Announces Commissioning Of 70 MWp Solar Plant In Chhattisgarh Updated On Wed, Aug 10th, 2022 by Saurenergy In one of the key developments in the solar power sector, Godawari Power and Ispat Limited (GPIL) has announced that its 70 MWp (megawatt-peak) captive solar photovoltaic power plant at Rajnandgaon, Chhattisgarh is now commercially operational. The information has come through a regulatory filing by GPIL. “70 MWP Captive Solar PV Power plant of the […] Read more
Assam To Invest Rs 10,000cr For 2000 MW Solar Power Updated On Wed, Aug 10th, 2022 by Saurenergy The Assam government has decided to produce 2,000 MW of solar power with an investment of Rs 10,000 crore. Chief Minister Himanta Biswa Sarma has said that the capacity will be added in the next three years. Assam wants to add 2000MW solar through two projects. The state will form a joint venture with centre-owned NLC India. It […] Read more
Bangladesh’s IDCOL Raises €80 Million From Germany’s Bank For RE Program Updated On Wed, Aug 10th, 2022 by Saurenergy Infrastructure Development Co. (IDCOL), a Bangladeshi state infrastructure investor, has received a loan of €80 million ($81.4 million) from Germany’s KfW Development Bank to assist enterprises in installing solar plants and solar irrigation pumps. The KfW will sponsor the “Renewable Energy Programme II” project. The interest rate and other terms and conditions are currently being […] Read more
The Politics Of Statism Over The Electricity Amendment Bill Needs To Stop Updated On Tue, Aug 9th, 2022 by Saurenergy The passage of the Electricity Amendment Bill 2022 in the Lok Sabha has been met with widespread resistance, within and outside parliament, with many politicians and former bureaucrats declaring it ‘dangerous’, ‘an assault on state rights’ and much more. For now, it is the Delhi State Government which seems to be leading in its brickbats, […] Read more
Enfinity Global Raises $242 Million Funding For Solar Plants Updated On Tue, Aug 9th, 2022 by Saurenergy Enfinity Global, a provider of sustainability and renewable energy services with headquarters in Belgium, has obtained $242 million funding (about ¥29 billion) in long-term financing for three utility-scale solar PV projects in Japan that were just finished and have a combined capacity of 70 MW. Under the feed-in-tariff (FIT) arrangement, the power plants have 18 […] Read more
Adani Solar Strengthens Retail Footprint In Maharashtra Updated On Mon, Aug 8th, 2022 by Saurenergy Adani Group’s solar PV manufacturing and EPC arm, Adani Solar, has announced the expansion of its retail distribution business for Maharashtra with Roofsol Energy Pvt. Ltd. According to Adani Solar, Roofsol Energy will be the official channel partner for the Maharashtra region. Additionally, Adani Solar shared that it has now extended its reach to more […] Read more
