Ameresco & Sunel Group Bid in Unison for 1.5 GW Solar & BESS Projects in UK, Europe Updated On Wed, Apr 26th, 2023 by Saurenergy US-based renewable energy firm Ameresco and the Sunel Group, an EPC contractor and developer for solar projects, have joined forces to bid for 1.5 GW of solar photovoltaic (PV) and battery energy storage system (BESS) projects. These projects are located in the UK and Europe across Greece, Italy, Spain, Romania. The said projects are presently […] Read more
Mizoram Welcomes Its First Solar Park With 20 MW Capacity Updated On Wed, Apr 26th, 2023 by Saurenergy Mizoram has welcomed its first solar park. The Ministry of New & Renewable Energy (MNRE) recently inaugurated the Vankal Solar Park, a 20 MW solar park approved under the MNRE Solar Park Scheme. The ceremony saw the presence of the State’s Power & Electricity Minister, Pu R. Lalzirliana. Other government officials also marked their presence. […] Read more
Why Is The Building Sector Shunning Glasses & Adopting Solar? Know The Benefits Updated On Wed, Apr 26th, 2023 by Saurenergy Several industrial high-rise buildings in the last decade have undergone a construction-related transition. Against the earlier popular and conventional practice of using concrete surfaces, many modern buildings now flaunt flashing glass shields. Not only did the new practice help in making those buildings more eye-catching, but it also aided in increasing the energy efficiency […] Read more
CWP Europe Collaborates With PowerChina Resource For 300 MW Serbian Wind Project Updated On Wed, Apr 26th, 2023 by Saurenergy Renewable energy developer of Southeast Europe, CWP Europe has collaborated with PowerChina Resources for the construction of the largest wind farm in Serbia that will have a capacity of 300 MW. CWP Europe held that the investment agreement was signed in Belgrade on by Executive Vice President of PowerChina Resources He Shiyou and CEO of […] Read more
ACWA Power Gets $123 Million Loan For 200MW Egyptian Solar Project Updated On Tue, Apr 25th, 2023 by Saurenergy Saudi Arabia’s renewables developer ACWA Power has secured a financial package of $123 million to develop 200MW Kom Ombo utility-scale solar power plant in Egypt. Financing institutions for the solar project of ACWA Power include EBRD, OPEC Fund OPEC Fund, African Development Bank (AfDB), Sustainable Energy Fund for Africa (SEFA), GCF, APICORP and Arab Bank. […] Read more
The Top 5: Risks to Renewable Energy from Climate Change Updated On Tue, Apr 25th, 2023 by Saurenergy Climate change has already started posing real-world challenges. It is not just affecting adversely the developmental plans but is also disrupting the livelihoods of a considerable section of the human population in the regions prone to climate change disasters such as floods, droughts, sea level rise, etc. Renewable energy (RE) has given a push developmental […] Read more
ACWA Power Gets $174 Million Loan From ADB For Uzbekistan Wind Projects Updated On Tue, Apr 25th, 2023 by Saurenergy Saudi Arabia’s ace renewable energy developer ACWA Power has received $174 million worth of loans from the Asian Development Bank (ADB) to develop the Bash wind power and Dzhankeldy wind power plants – both located in the Bukhara region in Uzbekistan. As per ABD, the ACWA Power financing comprises loans amounting to $40.5 million for […] Read more
OCI Solar Power Sells 110 MW Texas Solar Project to Mitsui Updated On Tue, Apr 25th, 2023 by Saurenergy Just as Joe Biden administration is pushing up the renewables in the USA through legislative and administrative exercise, Texas based utility-scale developer OCI Solar Power has announced that it has sold a 110 MW construction-ready, solar photovoltaic project to Mitsui & Co., Ltd. The solar power project is located in Hill County, Texas named ‘Three […] 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