Solar, Wind Account for 92% Of Capacity Additions In 2022 In India Updated On Fri, Mar 17th, 2023 by Saurenergy New analysis from global energy think tank Ember reveals that solar and wind drove the majority (92%) of India’s electricity capacity additions in 2022. This strong growth sets the stage for the country to assume climate leadership in the run up to the G20 summit this year. Coal accounted for only 5%. India’s solar and […] Read more
Assam Cabinet Approves 620 MW of Green Power Projects Updated On Fri, Mar 17th, 2023 by Saurenergy In a bid to give a major push to the renewable energy sector in the state, the Assam Cabinet has given green signal to the implementation of green power projects. In a fresh move, the Assam cabinet approved green energy projects having cumulative capacity 620 MW to be developed in Assam. The decision was taken, […] Read more
Ørsted Acquires 160 MW Irish Solar Project ‘Garrenleen’ Updated On Fri, Mar 17th, 2023 by Saurenergy Ørsted has announced the acquisition of 160-MW capacity Irish solar project Garrenleen from RE conglomerate Terra Solar. It’s the second solar project of Ørsted in Ireland and will be able to power up to 56,000 households annually. This is also expected to be one of the largest solar farms in the country. Subject to Ørsted’s […] Read more
SECI Re-issues Tender for 100 MW Floating Solar at Getalsud Dam, Ranchi Updated On Thu, Mar 16th, 2023 by Saurenergy SECI has invited bids for the Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) floating solar PV project having 10 years plant O&M at Getalsud Dam, Ranchi, Jharkhand. It’s a global tender. The SECI tender says that the last date for bid submission has been kept on May 2, 2023 and […] Read more
Solar Financing Startup Aerem Raises $5 Million in Equity Plus Debt Round Updated On Thu, Mar 16th, 2023 by Saurenergy Solar financing platform Aerem has raised $5 million in Pre-Series A round led by climate-tech investor Avaana Capital. The round also saw follow-on participation from Blume Ventures and it includes debt financing of $1.5 million from financial institutions. Financing has been a key issue seen to impact uptake of solar in the MSME segment, and […] Read more
USA’s Avangrid Developing Over 500 MW Solar Farms in Texas & Ohio Updated On Thu, Mar 16th, 2023 by Saurenergy Renewable energy firm Avangrid, continues to strengthen its presence in the renewable energy industry of the USA with two new solar farms that it is constructing in Texas and Ohio. Connecticut-headquartered Avangrid said that the two solar energy projects will cumulatively generate 523.5 MW of clean and affordable power for these states. Avangrid is a […] Read more
India Adds Just 487 MW of Solar Capacity in February 2023 Updated On Thu, Mar 16th, 2023 by Saurenergy As per the latest figures of installed capacity of renewable energy released by the CEA (Central Electricity Authority), India’s solar capacity rose to a little over 64380 MW as on February 28, 2023. In January 2023, the total solar power capacity stood at a little more than 63893 MW. Thus, over the span of a […] Read more
Amarenco Acquires 204 MW Spanish Solar Project from Hanwha Energy Updated On Thu, Mar 16th, 2023 by Saurenergy South Korean energy giant Hanwha Energy has announced that it has sold a 204 MW solar power project that was being developed in Spain to Amarenco. Hanwha has not disclosed the financial details of the deal. Amarenco is an Ireland-based independent power producer (PPA). The solar energy project that is sold by Hanwha Energy was […] Read more
Europe’s Solar Energy Surge: A Promising Solution Or Just A Palliative? Updated On Thu, Mar 16th, 2023 by Saurenergy Europe is in the middle of its biggest ever solar build out currently, as it seeks to build more solar capacity for every reason from more energy security to clean energy. But can solar deliver for Europe? Is it the panacea to energy security in the long term? Or is it doomed to over promise […] Read more
