Premier Energies to set up new Rs 483 Cr Solar Manufacturing Facility in Hyd Updated On Thu, Feb 11th, 2021 by Saurenergy Premier Energies is setting up a new state-of-the-art solar cells and modules manufacturing facility at the cost of Rs 483 crore in Hyderabad Premier Energies, a leading domestic solar PV cells and modules manufacturing company has announced that it is setting up a new state-of-the-art facility at E-City Hyderabad. A Greenfield Project, the new plant […] Read more
Solarise Africa Expands PV Footprint in Africa Updated On Wed, Feb 10th, 2021 by Saurenergy Innovative renewable energy leasing solutions now operational in Rwanda, Uganda, and Zambia through new partnership Pan-African energy leasing company, Solarise Africa, has announced their expansion into three new countries in Africa after signing a partnership agreement with Centennial Generating Co, a leading turnkey energy services company in the region. The partnership adds seven projects in […] Read more
Rs 1000 Cr Capital Infusion to Enable SECI to Float 15 GW Tenders Annually Updated On Wed, Feb 10th, 2021 by Saurenergy Capital infusion of Rs 1000 crore to SECI in the new budget, will enable the agency to float 15 GW tenders annually. Finance Minister Nirmala Sitharaman in her budget speech for fiscal 2021-22 announced the capital augmentation of Solar Energy Corporation of India Limited (SECI) and Indian Renewable Energy Development Agency Limited (IREDA). In her […] Read more
RE Projects can get Further Extension in Exceptional Cases: MNRE Updated On Wed, Feb 10th, 2021 by Saurenergy MNRE has stated that RE projects under implementation during lockdown can seek to get a further extension beyond 5 months in exceptional cases The Ministry of New and Renewable Energy (MNRE) in its latest order has stated that renewable energy (RE) projects under implementation as on the date of lockdown, i.e. March 25, 2020, through […] Read more
Belltown Completes Development & Sale of 750 MW Solar Projects in 2020 Updated On Tue, Feb 9th, 2021 by Saurenergy Belltown Power Texas, a leading developer of utility-scale solar projects, has completed the development and sale of five projects adding up to 750 MW during the course of 2020, which brings the total Belltown track record to 930MW. Belltown specializes in greenfield development of projects, starting with site identification and navigating interconnection, real estate, permitting, […] Read more
Europe Invested a Record €26 bn in Offshore Wind in 2020: Report Updated On Tue, Feb 9th, 2021 by Saurenergy Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. This will finance 7.1 GW of new offshore wind which will be built […] Read more
India’s Consumption Trends in January Sign of Economic Growth: RK Singh Updated On Mon, Feb 8th, 2021 by Saurenergy Asserting that the Union Budget 2021-22 will pave the way for comprehensive growth in the economy, Union Power Minister RK Singh has said that country’s energy consumption reached an all-time high of 1.89 million gigawatts in January and this is an indication that India’s economy is on a path of growth. “In October 2020, the country’s energy consumption increased by […] Read more
NSEFI Suggests Amendments in Gujarat Solar Policy to Boost Investments Updated On Mon, Feb 8th, 2021 by Saurenergy NSEFI has welcomed the Gujarat Solar Policy 2021 and submitted suggestions which it believes will further boost investment in the sector National Solar Energy Federation of India (NSEFI) has welcomed the Government of Gujarat Solar Power Policy 2021, where the Capacity Restriction of 50 percent of Contracted Demand has been withdrawn. However to promote the […] Read more
IPL Announces Agreement to Acquire 195 MW Solar Plant Updated On Mon, Feb 8th, 2021 by Saurenergy Indianapolis Power & Light Company (IPL), a subsidiary of the AES Corporation (NYSE: AES), today announced an agreement to acquire a 195 megawatt solar project. Expected to be completed in 2023, the solar project will be located in Clinton County, Ind., and Invenergy will develop the project and manage construction. Once operating, the solar facility will generate enough electricity […] Read more