UK’s NextEnergy Capital Raises Record $896 M for Solar Infra Fund Updated On Mon, Jan 31st, 2022 by Saurenergy London-based NextEnergy Capital recently said that it had raised a record $896 million for its NextPower III ESG fund, focused on solar infrastructure investments in OECD countries – its biggest private fund to date. While there may exist larger solar-focused funds with more restrictive geographic focus, the firm assured that its latest was the biggest […] Read more
Servotech, Smart Power India to Create Solar Ecosystem in Rural India Updated On Mon, Jan 31st, 2022 by Saurenergy Aiming to promote awareness about and access to solar power in the rural communities of Bihar, Uttar Pradesh, Orissa, and Jharkhand, Servotech Power Systems Limited has signed a Memorandum of Understanding (MoU) with Smart Power India, a subsidiary of New York-based Rockefeller Foundation. The companies believe that educating people about the benefits of solar energy […] Read more
White House Mulls Extension of Trump-era Solar Tariffs, with Tweaks Updated On Mon, Jan 31st, 2022 by Saurenergy The White House is considering extending Trump-era tariffs on solar power imports, but with a handful of tweaks to make it easier for domestic installers to access supplies, according to two sources familiar with the administration’s thinking. The plan represents an attempt by U.S. President Joe Biden’s administration to find common ground between two important […] Read more
IREDA to Provide Consultancy to Goa Shipyard for Solar Rooftop Project Updated On Mon, Jan 31st, 2022 by Saurenergy State-owned Indian Renewable Energy Development Agency (IREDA) on Saturday inked a memorandum of understanding with Goa Shipyard to provide its techno-financial expertise to set up a rooftop solar power project. Under the MoU, IREDA will assist Goa Shipyard Ltd (GSL) to set up a rooftop solar power project at the headquarters of the company in […] Read more
Phoenix Mills Adds 5 MW Solar With ReNew Power To Power Malls Updated On Fri, Jan 28th, 2022 by Saurenergy The Phoenix Mills Limited (PML) through its subsidiaries Vamona Developers Pvt. Ltd. & Offbeat Developers Pvt. Ltd has collaborated with ReNew Power in ushering in an age of solar power by installing solar power plants for the supply of power to Phoenix Marketcity Pune and Phoenix Marketcity Mumbai respectively. The installation will result in the annual […] Read more
Azure Power’s $250 million Rights Issue Subscribed 78.4%, Saved By Largest Stakeholders Updated On Fri, Jan 28th, 2022 by Saurenergy Azure Power Global Limited announced today the final results of its previously announced rights offering of $250 million. By the end of the subscription period on January 24, 5:00pm EST, 78.4% of the rights had been exercised, and, accordingly, 12,404,282 newly issued equity shares of the Company were subscribed. The remaining 3,424,635 unsubscribed shares will be […] Read more
Longi, Trina, JA Solar Lead Global Module Suppliers in 2021 Updated On Thu, Jan 27th, 2022 by Saurenergy An analysis by PV InfoLink, a Taiwan based global photovoltaic analysis agency, the global module shipment ranking for 2021 is out. Topline results indicate that Canadian Solar(5), Q Cells (9) and First Solar(7) are the only non-Chinese firms in the top 10. The latest ranking is based on PV InfoLink’s supply and demand database. In […] Read more
Confirmed. Renew Power Sells Rooftop Portfolio To Fourth Partner For Rs 672 crores Updated On Thu, Jan 27th, 2022 by Saurenergy ReNew Power, has confirmed the news of the selloff of its distributed rooftop portfolio. The news had been doing the rounds since last week, including on Saur energy. The firm today announced that it has sold 117 MW/138 MWp of its distributed rooftop solar portfolio to Fourth Partner Energy, one of India’s leading rooftop solar energy […] Read more
Power Minister Interaction With Stakeholders On Draft Policy For Energy Storage Systems Updated On Thu, Jan 27th, 2022 by Saurenergy In an important discussion on January 25, the Union Minister of Power and New and Renewable Energy, R.K. Singh interacted with Renewable Energy developers, industry and various government representatives to discuss the elements of the draft Policy on Energy Storage system. The policy aims at the creation of technology-agnostic large storage systems across the value […] Read more
