Recurrent Energy Gets Financing for 119 MW Solar Project in Mexico Updated On Wed, Mar 6th, 2024 by Saurenergy Recurrent Energy, a subsidiary of solar and energy storage assets company Canadian Solar Inc. announced that it has closed non-recourse project financing for its 119 MW Horus Solar project in the region of Aguascalientes, Mexico. Recurrent owns 49 percent of the Horus Solar project, while Korea Electric Power Corporation (KEPCO) and Sprott own 15 percent […] Read more
JSW Energy Company Signs Battery Storage Pact With SECI Updated On Wed, Mar 6th, 2024 by Saurenergy JSW Renew Energy Five Limited, a wholly-owned subsidiary of JSW Neo Energy Limited a step-down subsidiary of the company, has signed a Battery Energy Storage Purchase Agreement (BESPA) for the first project of 250 MW / 500 MWh Standalone Battery Energy Storage System out of the total awarded project capacity of 500 MW / 1,000 […] Read more
Canadian Solar, Sol System Partner To Increase US Module Manufacturing Updated On Tue, Mar 5th, 2024 by Saurenergy Washington DC-based renewable energy company Canadian Solar Inc. and Sol Systems announced their recent partnership to scale new solar module production and procurement in the United States. Canadian Solar has secured a framework agreement to provide Sol Systems with a significant supply of modules from its newly ramped Texas module factory. Under the partnership, Canadian […] Read more
GRSE Inks Green Deal With IRS To Use Green Energy To Build Vessels Updated On Tue, Mar 5th, 2024 by Saurenergy Garden Reach Shipbuilders & Engineers Ltd. (GRSE) a warship building company in India, and the Indian Register of Shipping (IRS) signed a Memorandum of Understanding (MoU) on the development of green energy and autonomous vessels. IRS under the administrative control of the Ministry of Defence and GRSE reaffirmed its commitment to innovation, new technology adoption, […] Read more
Adani Green Operationalises 448.95 MW Solar Projects In Gujarat Updated On Tue, Mar 5th, 2024 by Saurenergy Gujarat-based renewable energy company Adani Green Energy Limited (AGEL) operationalized an incremental 448.95 MW solar power projects at Khavda, Gujarat. Together with an earlier intimation of projects, dated February 14, 2024, AGEL aggregated to 1,000 MW solar power projects that are operationalized at Khavda, Gujarat. With the operationalization of these plants, AGEL’s total operational renewable […] Read more
The Return of Reverse Auctions For Wind Energy- Bad News Or Normalcy ? Updated On Tue, Mar 5th, 2024 by Saurenergy Following reports that the government has instructed leading PSU energy developers to return to the reverse auction mechanism for wind energy tenders, SaurEnergy tried to check the veracity of the claim. Without coming on record, it appears that a communication has been sent to that effect, to NTPC, SJVN, NHPC and of course SECI, which […] Read more
Tata Power Solar Systems & Union Bank Renews Partnership For Residential Rooftop Solar Updated On Tue, Mar 5th, 2024 by Saurenergy Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has announced the renewal and expansion of its partnership with Union Bank of India (UBI) to offer financing solutions for Residential customers, in line with the PM Surya Ghar Muft Bijli Yojana as well as for Commercial and Industrial […] Read more
Solar Projects To Come Up Along Mumbai-Nagpur Samruddhi Mahamarg: Report Updated On Tue, Mar 5th, 2024 by Saurenergy The Maharashtra State Road Development Corporation (MSRDC) will be establishing a solar power generation project along the Samruddhi Mahamarg that connects Mumbai and Nagpur. According to media reports, several offices of MSRDC will be embedded with solar panels in Mumbai, Pune, Nashik, and Aurangabad. Further, the reports stated that the special-purpose vehicle of MSRDC, Mahasamruddhi […] Read more
Energy Tech Platform Urja Sathi Raises Seed Funding Of Rs 35 lacs Updated On Tue, Mar 5th, 2024 by Saurenergy Lucknow-based Urja Sathi, a sustainable energy-tech platform for buying and selling renewable energy solutions in India, has raised seed funding of INR 3.5 Million from entrepreneurs-cum-investors Ankitt Jain and Sharlee Jain. This marks Urja Sathi’s maiden fundraising round; prior to this, the startup had remained bootstrapped since its inception in 2023. Urja Sathi claims to have launched India’s […] Read more
