ENGIE North America Gets $800m Financing for 665 MW Wind, Solar Projects Updated On Fri, Apr 1st, 2022 by Saurenergy ENGIE North America has announced that the company has successfully completed Tax-Equity financing for its Iron Star (Kansas) and Priddy (Texas) wind projects and Equity financing for the portfolio of these assets along with Hawtree solar project. The solar project was recently declared commercially operational. Together the projects total 665 MW. ENGIE says that leading […] Read more
Lightrock Power to Build 400 MW Solar Projects in UK Updated On Fri, Apr 1st, 2022 by Saurenergy After ‘farming friendly’, animal friendly solar is also getting here. Bristol based solar power developer Lightrock Power has announced that the company plans to develop a number of solar projects in the United Kingdom that will be ‘wildlife-friendly.’ The combined capacity of the solar projects will be 400 MW. As per Lightrock Power, these upcoming […] Read more
How are national oil companies tackling energy transition: Woodmac Updated On Thu, Mar 31st, 2022 by Saurenergy Despite their scale, national oil companies (NOCs) have until now largely escaped the heavy scrutiny experienced by international oil companies (IOCs) around emissions. Partly as a consequence, the energy transition strategies of most NOCs significantly lag those of their leading IOC peers, says Wood Mackenzie. NOCs account for more than half of global oil and […] Read more
Karnataka Renewable Energy Policy Approved By State Cabinet Updated On Thu, Mar 31st, 2022 by Saurenergy The Cabinet of the State Government of Karnataka has cleared the Karnataka Renewable Energy Policy for the period of 2022-2027, that seeks to maintain the state’s reputation as a renewable energy leader. The policy says that in the next five years, Karnataka will have a renewable power generation capacity of 10 GW. The policy wants […] Read more
Bulgaria May Add 4.9 GW of Renewable Energy by 2031 Updated On Wed, Mar 30th, 2022 by Saurenergy According to a draft plan created by the Electricity System Operator (ESO), the transmission authority of Bulgaria, the country is expected to see an increase of 5.9 GW in the overall national power capacity by 2031. Out of this, 4.9 GW is expected to come from renewable sources. The ESO document says that the total […] Read more
Italy Signs € 1.5 Billion Support for Rooftop Solar in Agriculture Sector Updated On Tue, Mar 29th, 2022 by Saurenergy Minister for Agriculture, Food and Forestry Policies of Italy, Stefano Patuanelli has signed a new rebate scheme under which € 1.5-billion worth support will be given to the country’s agricultural sector for installing rooftop solar. This is distinct from Agrivoltaics, which involve a more integrated approach of combining solar power installations with agriculture. The financial […] Read more
MNRE Softens, Extends ALMM Compliance Date to October 1, 2022 for Open Access, Net Metering Projects Updated On Tue, Mar 29th, 2022 by Saurenergy In a major effort to reconcile the demands of developers vis a vis domestic manufacturers, the Ministry of New and Renewable Energy (MNRE), in a fresh office memorandum yesterday (March 28), has extended the start date of compliance with ALMM list for all open access and Net metering projects to October 1, 2022, from April […] Read more
Sungrow Expands UK Presence With 362 MW/391 MWh Storage Project For Statera Updated On Tue, Mar 29th, 2022 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, announced that the company’s project with Statera Energy, a market leader in the provision of flexibility to the UK grid, to supply a 362 MW/391 MWh energy storage project in the UK is on schedule. The first phase of the project was grid-connected in Q1, 2022, […] Read more
SECI Appoints Sanjay Sharma as Director- Solar Updated On Tue, Mar 29th, 2022 by Saurenergy Solar Energy Corporation of India Ltd (SECI) has appointed Sanjay Sharma as Director – Solar. He has been elevated from his previous position of Executive Director – Solar in the same organization for a period of 5 years. Sanjay Sharma has an experience of more than 33 years in the power sector. Before joining SECI […] Read more