ACWA Power Gets $123 Million Loan For 200MW Egyptian Solar Project Updated On Tue, Apr 25th, 2023 by Saurenergy Saudi Arabia’s renewables developer ACWA Power has secured a financial package of $123 million to develop 200MW Kom Ombo utility-scale solar power plant in Egypt. Financing institutions for the solar project of ACWA Power include EBRD, OPEC Fund OPEC Fund, African Development Bank (AfDB), Sustainable Energy Fund for Africa (SEFA), GCF, APICORP and Arab Bank. […] Read more
EBRD Lends €29 Million For Albania’s 140MW Solar Project Updated On Tue, Apr 25th, 2023 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has said that its lending €29 million to an Albanian special-purpose vehicle, owned by France’s Voltalia, to develop the 140 MW Karavasta solar plant. This solar power plant will come up in the Fier area of south-western Albania. The EBRD is anchoring the €99 million financing structure […] Read more
Google, EDPR Partner on 500 MW Distributed Solar Development in USA Updated On Tue, Apr 25th, 2023 by Saurenergy Global IT conglomerate Google and EDPR North America Distributed Generation LLC have collaborated to support more than 80 distributed solar PV projects totalling 500 MW in the USA. The deal aligns with an environmental justice program benefiting over 25,000 families in low-to-moderate income communities from New Jersey to Ohio. EDPR said that the initial projects […] Read more
Haryana Solicits Bids for Procurement of 500 MW Solar Power Updated On Mon, Apr 24th, 2023 by Saurenergy Haryana Power Purchase Center, which is a joint venture between UHBVN (Uttar Haryana Bijli Vitran Nigam) and DHBVN (Dakshin Haryana Bijli Vitran Nigam) has issued a tender and invited bids for 500 MW solar electricity from Haryana-based grid connected solar projects. The last date to submit the bids online is May 24, 2023. The bids […] Read more
ReNew Power Bags 200 MW of GUVNL’s 500 MW Tender; Solarcraft, Mahindra Susten, Avaada Energy Other Winners Updated On Fri, Apr 21st, 2023 by Saurenergy Gujarat Urja Vikas Nigam’s (GUVNL) tender, floated in February this year, for the supply of power from 500 MW of grid-connected solar projects (Phase XIX) has been won by ReNew Power, Solarcraft Power, Mahindra Susten, and Avaada Energy. Capacities & Tariff ReNew Solar Power bagged the highest capacity of 200 MW. It had quoted Rs 2.71 […] Read more
GUVNL Awards 200MW Solar Project To Avaada Energy With A Tariff Of Rs 2.75/KwH Updated On Fri, Apr 21st, 2023 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has now awarded a 200 MW solar power project to Avaada Energy, an arm of Avaada Group. The project contract was given at a tariff of Rs 2.75 per Kilo-Watt-Hour (KwH). GUVNL awarded the project to the renewable energy company through competitive bidding, followed by an e-reverse auction. […] Read more
Solar Power Lights up 11 Remote Tripura State Rifle Camps Updated On Thu, Apr 20th, 2023 by Saurenergy Located in a remote area, the Tripura State Rifle camps has been lit up with solar energy. The Tripura State Rifle (TSR) personnel had been battling the challenge of power supply for a long time, and solar power has come as the answer to it. Now, 11 TSR camps are powered by solar energy. As […] Read more
Maharashtra Introduces Land Lease Model for Solar-Powered Agriculture Updated On Thu, Apr 20th, 2023 by Saurenergy Maharashtra Government has revealed that it is looking to encourage agriculture driven by solar power across the state. This is with an aim to make sure that the farmers get power supply without any hinderances during daytime since rural areas are prone to power outages during the day. Towards this, Chief Minister Eknath Shinde said […] Read more
OX2 Acquires Large Scale Finnish Solar Farm of 475 MW Capacity Updated On Tue, Apr 18th, 2023 by Saurenergy OX2, a firm that delves into the development of renewable energy solutions at scale and develops onshore wind power in Europe, has informed about the acquisition of the project rights of a solar power project in Huittinen, Finland. The firm has acquired the project from solar power developer SAJM Holding Oy. The capacity under development […] Read more
