Primergy Secures PPA With Microsoft For 408 MW Solar Project In Texas Updated On Tue, Mar 12th, 2024 by Saurenergy US-based solar and storage project developer Primergy announced that it has closed commitments for $588 million in debt financing for the 408 MWac Ash Creek Solar project in Hill County, Texas. The company also signed a long-term power purchase agreement with Microsoft for the full capacity of the plant. “The successful completion of this financing […] Read more
US Solar Witnesses Over 50% New Capacity Addition To The Grid: Report Updated On Thu, Mar 7th, 2024 by Saurenergy A recent report by US-based think tank Wood Mackenzie and Solar Energy Industries Association (SEIA) estimated a 37% increase in new electric generating capacity in 2023 in the United States. This indicated an increase from the previous record set in 2021 and a 51% increase from 2022. According to the US Solar Market Insight 2023 […] Read more
Arevon Energy & Meta Ink Deal For 349 MW Solar Energy In US Updated On Wed, Mar 6th, 2024 by Saurenergy Renewable energy developer, Arevon Energy, Inc., and Meta Platforms have signed two long-term Environmental Attributes Purchase Agreements (EAPA) for the Kelso Solar Project in Scott County, Missouri in the United States. The Kelso Solar Project will generate 349 megawatts (MWac) of power and will help support Meta’s operations in the region with 100 percent renewable […] Read more
Canadian Solar, Sol System Partner To Increase US Module Manufacturing Updated On Tue, Mar 5th, 2024 by Saurenergy Washington DC-based renewable energy company Canadian Solar Inc. and Sol Systems announced their recent partnership to scale new solar module production and procurement in the United States. Canadian Solar has secured a framework agreement to provide Sol Systems with a significant supply of modules from its newly ramped Texas module factory. Under the partnership, Canadian […] Read more
Tata Power Solar Systems & Union Bank Renews Partnership For Residential Rooftop Solar Updated On Tue, Mar 5th, 2024 by Saurenergy Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has announced the renewal and expansion of its partnership with Union Bank of India (UBI) to offer financing solutions for Residential customers, in line with the PM Surya Ghar Muft Bijli Yojana as well as for Commercial and Industrial […] Read more
Cabinet Approves PM-Surya Ghar: Muft Bijli Yojana For Rooftop Solar Updated On Thu, Feb 29th, 2024 by Saurenergy The Union Cabinet, chaired by PM Narendra Modi, has approved PM-Surya Ghar: Muft Bijli Yojana with a total outlay of Rs.75,021 crore. This policy seeks to install rooftop solar and provide free electricity to up to 300 units every month for one crore households. The PM launched the scheme on 13th February. Some of the […] Read more
Telangana Launches 10.5 MW Solar Project By SCCL Updated On Mon, Feb 26th, 2024 by Saurenergy Telangana agriculture minister T Nageswar Rao inaugurated a 10.5 MW solar plant set up by Singareni Collieries Company Limited (SCCL) at Ramavaram in Kothagudem town on 25th February. On the occasion of the inauguration of the state-owned Singareni Collieries Company Limited (SCCL), the minister spoke of the insurance scheme plans to provide cover for over […] Read more
US based GameChange Solar Adds 35GW Manufacturing Capacity In 2024 Updated On Fri, Feb 23rd, 2024 by Saurenergy US based company GameChange Solar, a solar tracking solutions provider for ground-mounted photovoltaic (PV) plants recently announced its expansion to 35 GW of annual domestic manufacturing capacity. With this they expanded their capacity for key components, up from 24 GW in 2023. The increased domestic manufacturing capacity enabled GameChange to incorporate over 85% domestic content […] Read more
5 Reasons Why India’s Solar Exporters Deserve More Credit Updated On Thu, Feb 22nd, 2024 by Saurenergy One of the strangest accusations you will hear against Indian manufacturers, is the one about them exporting solar modules when there is a ‘shortage’ in India. Or worse, about them exporting modules even as they ask for ‘protection’ from imports in India. With exports set to surge to 3 GW and beyond in FY24, this […] Read more
