Shizen Energy, CDPQ to Invest $474 Mn in RE in Japan & Outside Updated On Tue, Oct 25th, 2022 by Saurenergy Shizen Energy, a renewable energy leader in Japan, and CDPQ, a Canada-based global investment group, have announced a JPY 20-billion ($135 million) investment in Shizen Energy. The two companies have also agreed to a co-investment framework, which will involve potential investments of another $339 million by CDPQ. The official statement has held that the investment […] Read more
Navitas Solar Among First Carbon Neutral Solar Manufacturing Companies Updated On Tue, Oct 25th, 2022 by Saurenergy Navitas Green Solutions Pvt Ltd, one of India’s leading solar module manufacturers, has announced carbon neutrality for CY 2021. It has received a silver badge from the United Nationsn Framework Convention on Climate Change (UNFCCC) on climate reporting under the ‘Climate Neutral Now’ initiative for outstanding accomplishment in managing carbon emissions. Following the Path of […] Read more
Baseload Capital Raises $24 Million To Bolster Geothermal Energy Updated On Fri, Oct 21st, 2022 by Saurenergy Swedish climate investment firm Baseload Capital has made a $24 million investment in geothermal energy. Thanks to a $25 million loan facility it secured with Sustainable Development Capital of London in the spring, Baseload Capital has received more than $45 million. While the credit allows for flexible financing for the commissioning of future geothermal power […] Read more
ISA Decides On Solar Facility To Expedite Funding Updated On Fri, Oct 21st, 2022 by Saurenergy In its fifth general assembly, International Solar Alliance (ISA) has approved the creation of a ‘Solar Facility’ which will be a financial instrument to encourage investments in solar energy through insurance funds and payment guarantee. Readers will recall that a key mandate of the ISA itself was to enable financing for solar in developing countries. […] Read more
First Solar will supply 700 MW solar modules to Silicon Ranch Updated On Fri, Oct 21st, 2022 by Saurenergy Tennessee based independent power producer, Silicon Ranch and America’s largest solar manufacturer, First Solar, announced the expansion of the 4-GW master supply agreement (MSA) that they signed in April. To support its growing portfolio of contracted solar projects, Silicon Ranch has secured an additional 700 megawatts (MW) of advanced, responsibly produced, thin film photovoltaic (PV) […] Read more
Adani Group Secures 10.80 Lakh Smart Meters for BEST Power Consumers in Mumbai Updated On Fri, Oct 21st, 2022 by Saurenergy Recently, Adani Transmission, part of the Adani group won the bid to install 10.80 lakh “Smart Meters” for Bombay Electric Supply & Transport (BEST) customers, which will “empower” the distributor to automatically turn off the power supply of bill defaulters. The installation of smart meters will be finished in two and a half years, according […] Read more
Saurabh Agrawal: New Chairman of Tata Power Renewable Energy Segment Updated On Fri, Oct 21st, 2022 by Saurenergy The board of Tata Power Renewable Energy was restructured by the Tata group recently, with the director of Tata Sons Saurabh Agrawal taking over as chairman. Three new directors were added to the board, including Eduard Ruijs, Managing Director and Head of the London-based BlackRock Global Infrastructure Fund team. The board also welcomed Rajiv Mehrishi, […] Read more
MPUVNL Invites RFP for 15 MW of Grid-Connected Rooftop Solar Plant Updated On Fri, Oct 21st, 2022 by Saurenergy Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has invited a Request for Proposal (RFP) for 15 MW of grid-connected rooftop solar plants. These 15 MW rooftop solar PV systems under the RESCO Model would be installed at various locations in Madhya Pradesh. This MPUVNL 35 MW solar tender includes the scope of work in design, […] Read more
SJVN To Build 105-MW Floating Solar Project In Maharashtra Updated On Fri, Oct 21st, 2022 by Saurenergy State owned renewable energy multinational Satluj Jal Vidyut Nigam (SJVN) has announced that the company has won the 105-MW floating solar project from the Maharashtra State Power Generation Company (MAHAGENCO). SJVN said that it obtained the project through an e-reverse auction. SJVN mentioned in the announcement that it bagged the 105-MW Floating Solar Project at […] Read more