ACME, Norfund Alliance for Renewable Energy In India Updated On Fri, Jan 27th, 2023 by Saurenergy Gurugram headquartered renewable energy player ACME has collaborated with Norfund – the Norwegian investment fund – under which the two companies will invest together in renewable energy projects in India. Norfund is the manager of Norwegian Climate Investment Fund (NCIF) and it invests in developing countries. Manoj Upadhyay, Founder and Chairman, ACME Group, said, “I […] Read more
Qcells To Supply 2.5 GW Of Solar Panels To Microsoft Updated On Fri, Jan 27th, 2023 by Saurenergy South Korean solar conglomerate Qcells and software giant Microsoft Corp have announced that they are partnering to enable a strong supply chain for new renewable electricity capacity projected to require at least 2.5 GW of solar panels and related services. This capacity is equivalent to power more than 400,000 homes. Microsoft aims at becoming carbon […] Read more
RWE, PPC To Develop Five Solar Power Projects In Greece Updated On Fri, Jan 27th, 2023 by Saurenergy Global energy players – RWE and PPC – have announced that they have taken the final investment decision for five photovoltaic projects in Greece through their joint venture company Meton Energy S.A. to help accelerate the Greek energy transition. In Meton Energy, RWE Renewables hold 51% stake while PPC Renewables has 49%. Thodoros Skylakakis, Greek […] Read more
Minigrid Pioneer Husk Power Turns Profitable After 14 Years Updated On Thu, Jan 26th, 2023 by Saurenergy Husk Power Systems, which pioneered the first renewable energy minigrid in India in 2008 and now operates the largest fleet of community mini grids across Asia and Africa, announced that it has achieved profitability on both continents. Husk is the world’s first minigrid company to achieve this major industry milestone. The company became EBITDA positive […] Read more
Rajasthan Water Resources Dept Issues Tender For Solar Based Micro Irrigation Updated On Wed, Jan 25th, 2023 by Saurenergy The Water Resources Department in Rajasthan has issued a tender for planning, designing and construction of solar based micro-irrigation project for 140 hectares of cultivable command area (CCA) at Bhabhrana Anicut, 226 hectares at Dholpur Anicut and 140 hectares at Anicut in Dungarpur district. The total cost of the project is estimated at Rs 81.83 […] Read more
JVVNL Issues Tender For 31 MW Solar Projects Under PM-KUSUM Updated On Wed, Jan 25th, 2023 by Saurenergy The Jodhpur Vidyut Vitran Nigam (JVVNL) has called for bids to develop 31.02 MW grid-connected solar projects under ‘Component C’ of the PM-KUSUM meant for the solarization of power grids. The last date for bidders to submit the bids is February 20, 2023. The bid opening date is February 22. As per JVVNL, 13 solar […] Read more
Gujarat Tableau At R Day Parade To Underline Its Leadership In Clean Energy Updated On Wed, Jan 25th, 2023 by Saurenergy ‘Clean-Green Energy Efficient Gujarat’ will be Gujarat’s theme for the Republic Day parade tableau to be held in New Delhi on January 26, an official release said earlier this week. The announcement in many ways underlines the vital role the state is going to play in India’s clean energy plans. Blessed with a long coastline […] Read more
US based Hecate Energy Closes $550 Million Financing Package For Green Ambitions Updated On Wed, Jan 25th, 2023 by Saurenergy Hecate Energy, a leading developer of renewable power projects and energy storage solutions in the United States, today announced the recent close of a five-year $550 million credit facility package, inclusive of a $250 million term loan and $300 million Letter of Credit (“LC”) facility to support further expansion of its solar and energy storage project pipeline. The new credit facilities […] Read more
500 Government Schools In Telangana To Have Rooftop Solar By March Updated On Wed, Jan 25th, 2023 by Saurenergy After solarisinga 100 schools in Telangana, the state government now targets to put solar panels on the buildings of 500 schools by the coming March. The objective is to decentralise electricity generation and make the schools free from power shedding challenges. In 2022, the Telangana government had said that it aims at installing rooftop solar […] Read more
