IKEA, SunPower Launch Home Solar Offering in California, USA Updated On Tue, Sep 13th, 2022 by Saurenergy Global furniture store owner IKEA US has teamed up with SunPower, a solar technology and energy services provider, to make home solar energy solutions easier to access in select California locations. The official statement of IKEA held that members of the IKEA family customer loyalty program will be able to purchase home solar solutions, available […] Read more
Spain’s PV Hardware to Set Up Solar Tracker Facility in USA Updated On Mon, Sep 12th, 2022 by Saurenergy Global solar tracker manufacturer PV Hardware (PVH) has announced plans to set up a large manufacturing unit in Texas, United States of America, to localise its products to supply for projects across North America. The company said that the capacity of the new facility will be 6 GW and it will be operational by June […] Read more
Ministry of Power Modifies Rules for Purchasing RTC Renewable Energy Updated On Fri, Sep 9th, 2022 by Saurenergy The parameters for the tariff-based competitive bidding process to purchase round-the-clock (RTC) power from grid-connected renewable energy projects have been amended, according to the Ministry of Power (MoP). Under Section 63 of the Electricity Act of 2003, these regulations were first released in July 2020. The current amendment permits producers of renewable energy to combine […] Read more
Aquila Clean Energy to Invest EUR 2 Bn for 2.6 GW RE Projects Updated On Fri, Sep 9th, 2022 by Saurenergy Aquila Clean Energy EMEA, the clean energy development platform in Europe of Aquila Capital, has announced that it has closed a EUR 1 billion construction facility, supported by the InvestEU programme. The financing is to support development and construction of Aquila Clean Energy’s entire renewable energy pipeline in Spain and Portugal over the next three […] Read more
Steel Maker Viraj Profiles Goes With TPREL For 100 MW Captive Solar Plant Updated On Thu, Sep 8th, 2022 by Saurenergy Tata Power Renewable Energy Limited (TPREL), one of India’s largest integrated renewable energy companies and a subsidiary of Tata Power, has collaborated with Indian Stainless Steel manufacturer – Viraj Profile Private Limited, to set up a 100 MW captive solar plant. The plant will be developed by Tata Power at Nandgaon at its Nasik site […] Read more
Boviet Solar & Origis Energy Upgrade Agreement to Over 1.1 GW Updated On Thu, Sep 8th, 2022 by Saurenergy Vietnam-based Boviet Solar Technology, a leading global solar energy technology company, has signed an additional purchase order for more than 400 Megawatts of solar capacity with Origis Energy, one of America’s largest solar and energy storage developers. Together with the original 700 MW agreement signed in July this year, the partnership now covers 1.1 GW […] Read more
NTPC, Avaada Emerge Winners for MSEDCL’s 500 MW Solar Project Phase VIII Updated On Thu, Sep 8th, 2022 by Saurenergy The 500 MW grid-connected intrastate or interstate solar project power purchase auction for the Maharashtra State Electricity Distribution Company (MSEDCL) has concluded NTPC Renewable Energy and Avaada Energy as the winners. 200 MW were awarded to NTPC Renewable Energy at a quote of Rs. 2.82/kWh. Avaada Energy requested 500 MW at Rs. 2.83/kWh, but was […] Read more
WAAREE Gets 500 Cr Credit Line for Solar Projects Updated On Thu, Sep 8th, 2022 by Saurenergy WAAREE Energies, India’s largest solar panel manufacturer, has entered into an agreement with the State Bank of India (SBI) for availing unsecured financing for solar projects through Surya Shakti Solar Finance Scheme and providing working capital for Channel Partners under EDFS (Electronic dealer finance scheme). The credit line is for upto Rs 500 crores for […] Read more
Ignitis Group to Acquire Latvian Company with 200 MW of Renewable Energy Updated On Thu, Sep 8th, 2022 by Saurenergy State-controlled energy holding company in Lithuania, Ignitis Group (AB Ignitis grupė) has announced that after the approval of the Group’s Management Board, the Group’s subsidiary UAB Ignitis Renewables has signed an agreement to acquire 100 per cent shares of a Latvian company which is developing a wind and solar project in Latvia. The agreement is […] Read more
