BayWa r.e. Raises $115 Million Afresh For Solar+Storage Projects Updated On Wed, May 3rd, 2023 by Saurenergy North American solar developer BayWa r.e. has secured a $115-million credit facility with global financial services firm Nomura to support the development of utility-scale solar and solar+storage projects in the United States. BayWa r.e. said that the credit facility will initially support projects totaling 1.1 GW of solar and 188 MWh of battery storage in […] Read more
EE North America Acquires 700 MW Colorado Solar Projects Updated On Wed, May 3rd, 2023 by Saurenergy Renewable Energy developer EE North America has acquired a majority stake in two solar projects, Sandy Hill Solar and Sand Dune Solar – which together make 700 MW of capacity – , in Colorado. EE North America said that the joint venture with solar power developer Horus Energy is thereby accelerating the USA’s transition to […] Read more
Aiming To Bring Down Energy Storage Costs: Manish Narula, Jinko Solar Updated On Mon, May 1st, 2023 by Saurenergy Manish Narula is the Executive Vice President of Chinese solar manufacturer–Jinko Solar (South Asia). In an exclusive interview with Saur Energy in Hyderabad, Narula talked about his company’s experiments with newly-started energy storage devices, bifacial solar panels, and the future of these in India. Excerpts: How has the experience of Jinko Solar been in India till now? […] Read more
Trina Solar’s Module Shipments Total 140 GW, 210mm Modules Cross 65 GW Updated On Mon, May 1st, 2023 by Saurenergy In its recently pusblished full year 2022 and Q1 2023 financial results report, Chinese photovoltaics firm Trina Solar has said its annual revenue stands at $12.645 billion (RMB 85.052 billion), seeing an increase of 83.41% on 2021. The main businesses of the firm, including PV products, PV system and smart energy all registered strong growth. […] Read more
X-ELIO Breaks Ground on $136 million Solar & BESS Projects in Texas Updated On Sun, Apr 30th, 2023 by Saurenergy Joining the race for a future characterised by absolute use of renewable energy in the USA, leading renewable energy developer X-ELIO broke ground for twin projects in Texas. The company is building 72 MW Liberty Solar Plant and 60 MW Battery Energy Storage System (BESS) Project, located in both Liberty and Harris Counties. X-ELIO said […] Read more
IIT-B’s SHUNYA Team Clinches Second Position in USA’s Solar Decathlon Competition Updated On Fri, Apr 28th, 2023 by Saurenergy The United States-based Solar Decathlon, a collegiate competition that challenges challenge students to design and build high-performance, low-carbon buildings, recently concluded the results. The Institute of Technology (IIT) Bombay’s SHUNYA (Sustainable Housing for Urbanizing Nation by its Young Aspirants) has acheived the second position in the solar challenge. The team from IIT-B had come up […] Read more
Credit Fair Partners Tata Power Solar for Solar Rooftop Installation Financing Solutions Updated On Thu, Apr 27th, 2023 by Saurenergy 27th April 2023: Credit Fair, a consumer lending fintech startup, has partnered with Tata Power Solar Systems Limited (TPSSL), a 100 per cent subsidiary of Tata Power Renewable Energy Limited (TPREL) to offer collateral-free affordable financing solutions with low cost for both individuals as well as MSMEs planning to reduce their carbon footprint and electricity […] 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
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
