Oriano Bounces Back in Business With 350 MWp of New Solar Projects Updated On Thu, Jul 15th, 2021 by Saurenergy Mumbai-based Oriano Solar has started constructing 350+ MWp of utility-scale solar projects across various states in the country. With this project, the construction engineering company has more than Rs 300 crore-contracts in hand. In development business, Oriano said it recently won 70 MW of allocation in the state of Uttar Pradesh for C&I customers and closed […] Read more
Lightsource bp Raises Euro 52M For 100MW Solar Projects in Spain Updated On Tue, Jul 13th, 2021 by Saurenergy European solar developer Lightsource bp has successfully raised a Euro 52 million term loan from leading financial backers for its Barrica solar projects in the Aragon region of Spain, giving the green light for construction to begin on two 49.5MWp solar sites. Leading financial backers include Banco Sabadell, Natwest, Santander, and Intesa Sanpaolo, which provided the necessary financial […] Read more
Avaada Energy, O2 Power Win RUMSL 550 MW Solar Auction Updated On Mon, Jul 12th, 2021 by Saurenergy We have two more names joining the winners’ list in key solar auction results this week. This time, it is the RUMSL 550 MW Agar Solar park auction, where Avaada Energy and O2 Power (through Beempow energy Private Limited) have won the auction for 550 MW solar projects of Rewa Ultra Mega Solar Limited (RUMSL), […] Read more
BlackRock raises $250 M for Climate Projects in Asia, Latin America, Africa Updated On Mon, Jul 12th, 2021 by Saurenergy New York-based investment management company BlackRock has secured over $250 million from global investors and governments for the Climate Finance Partnership (CFP), which was introduced at the One Planet Summit in September 2018 under the leadership of French President Emmanuel Macron. CFP is a flagship blended finance vehicle that is designed to invest in climate solutions and […] Read more
Norway Allocates $1.2 bn for RE Projects in Developing Nations Updated On Fri, Jul 9th, 2021 by Saurenergy The Norwegian government has announced the allocation of $1.16 billion over five years for a new fund that will invest in renewable energy in developing countries with the aim of reducing greenhouse gas emissions. Speaking about the new fund, Minister of International Development Dag-Inge Ulstein said, “It is part of the solution to some of […] Read more
Power Equipment Major Alfanar Acquires Wind Energy OEM Senvion India Updated On Thu, Jul 8th, 2021 by Saurenergy Saudi power equipment major Alfanar has made a formal entry into India’s energy sector through its 100% acquisition of wind turbine OEM Senvion India from Senvion GmbH. The acquisition was made through Global Renewable Energy Development Holding Company Limited (GREDHCL), a dedicated investment vehicle set-up by promoters of Alfanar. Announced back in December 2020, the […] Read more
NTPC, ONGC To Focus On Offshore Wind Energy Developments ? Updated On Mon, Jul 5th, 2021 by Saurenergy News reports have quoted state-owned National Thermal Power Corporation Ltd (NTPC) and the Oil and Natural Gas Corporation Limited (ONGC) joining together for the development of offshore wind energy in the country. For ONGC, the national oil explorer, any tie-up is considered relevant as power generation has not been its forte, and offshore wind offers […] Read more
NTPC Tenders For 500 MW of Solar EPC Projects Updated On Mon, Jul 5th, 2021 by Saurenergy Close on the heels of announcing an aggressive reset of its renewable energy targets, state owned NTPC Limited has invited bids for an engineering, procurement, and construction (EPC) package with land development for 500 MW of grid-connected solar projects anywhere in India. The tender, floated on Friday last week (July 2) has a last date […] Read more
ACME Solar’s Rajasthan Projects Back On Track, After Withdrawal OF Termination Notice Updated On Thu, Jul 1st, 2021 by Saurenergy ACME Solar, which had filed for termination of some of its solar projects in Rajasthan, has withdrawn the termination notice, following an amicable settlement of the issue with SECI (Solar energy Corporation of India). This was informed by the firm at the Central Electricity Regulatory Commission (CERC), where it had filed the plea for termination. […] Read more
