Uttar Pradesh Backs Farmers for Solar Plants With Subsidies Updated On Mon, Jan 16th, 2023 by Saurenergy The state of Uttar Pradesh that has not shown much speed in terms of renewables growth so far seems to be making some moves of late. The Uttar Pradesh Power Corporation (UPPCL) has signed a power purchase agreement (PPA) with the farmers of the state for 7 MW of solar power generation projects under the PM […] Read more
Engie Acquires 1,250 MW Solar & Storage Projects in US from Revolve Renewable Power Updated On Fri, Jan 13th, 2023 by Saurenergy Engie has acquired the 250 MW Parker Solar and Storage Project, and the 1,000 MW Bouse Solar and Storage Project from Revolve Renewable Power. The announcement has been made by Revolve Renewable Power and the projects have been sold to Engie IR Holdings LLC that is a wholly owned subsidiary of Engie. The two companies […] Read more
Assam to Develop 50 MW Solar Power Project on Recovered Land Updated On Fri, Jan 13th, 2023 by Saurenergy The state government of Assam has decided to develop a 50 MW solar power plant on a vast 1000 bigha of land in Barchalla of Sonitpur district. The vast area was cleared in an eviction drive last year by the government. The government decided for the 50 MW solar project at a state cabinet meeting […] Read more
Maharashtra (MSEDCL) Invites Bids For Development Of 500 MW Solar Under PM KUSUM Updated On Thu, Jan 12th, 2023 by Saurenergy Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has issued a Request for Selection (RfS) for procurement of cumulative 500 MW (ac) solar power from decentralised solar projects under Component-C of PM KUSUM scheme that will be developed in Maharashtra. MSEDCL tender says that the last date for bidding is February 13, 2023 and pre bid […] Read more
South Korea’s Qcells to Build $2.5 Bn Solar Factory in US; More Than Doubles Production Updated On Thu, Jan 12th, 2023 by Saurenergy South Korea’s solar cells and modules maker Qcells will invest over $2.5 billion to expand its solar module manufacturing operations in Georgia, USA. Qcells will build a new facility in Cartersville and add a third facility to its Dalton location, creating more than 2,500 new jobs in northwest Georgia. These investments are expected to bring […] Read more
USA’s Leeward RE Raises $260 Mn For Chaparral Springs Solar + Storage Project in California Updated On Thu, Jan 12th, 2023 by Saurenergy Leeward Renewable Energy, A US based firm that delves into the development of new wind, solar, and energy storage projects in energy markets across the US, has announced that it has closed about $260 million in construction financing and secured tax equity commitments for its Chaparral Springs Solar + BESS Facility. The renewable energy project […] Read more
EDF Renewables, Luminous Energy to Build 800 MW Solar Project in UK Updated On Wed, Jan 11th, 2023 by Saurenergy EDF Renewables and Luminous Energy have announced their plans for the development of a solar power farm coupled with battery based energy storage infrastructure in the east Midlands region of the United Kingdom. The two companies will also undertake a public consultation process before the execution. EDF Renewables is a wholly-owned subsidiary of French utility […] Read more
US based Enfinity Global Acquires 400 MW of Operating Solar Projects Updated On Wed, Jan 11th, 2023 by Saurenergy US-based renewable energy firm Enfinity Global has announced that it has completed the acquisition of a 400 MW operational utility-scale solar portfolio marking a further expansion in the US market. The official statement of Enfinity Global said that in September 2022, it signed a deal with Capital Dynamics to acquire a diversified contracted portfolio, consisting […] Read more
Atlas Renewable Energy Gets $210 million For 438 MW Solar Project in Brazil Updated On Wed, Jan 11th, 2023 by Saurenergy Global renewable player Atlas Renewable Energy has secured a loan of $210 million from Brazil’s Banco Nacional de Desenvolvimento Econômico e Social (BNDES) to finance its Boa Sorte solar project which is of 438 MW in capacity. Atlas said that this marks the first time that BNDES has executed a US dollar-indexed loan to a […] Read more
