IEA Says Solar PV Capacity Additions Will Slowdown In India In 2023 Updated On Mon, Jun 5th, 2023 by Saurenergy The new report by International Energy Agency (IEA) – Renewable Energy Market Update, June 2023 – has said that the utility-scale solar PV projects are expected to slow briefly in 2023 due to supply chain challenges, lower auction volumes and trade policies. The IEA report has shown concern as solar power is India’s largest renewable […] Read more
Indian Military Installs Its First Solar Plant At Narengi Station-Assam Updated On Sun, Jun 4th, 2023 by Saurenergy With an objective of providing green and reliable power to its troops, the Indian Army is transforming the Narengi Military Station into a completely renewable-based military facility. The Narengi Military Station is situated near Guwahati, Assam and the army has installed a solar power plant at the military station which has a capacity of 1-MW. […] Read more
Westbridge Inks Pact With MYTILINEOS to Monetize 1.4 GW Solar Portfolio Updated On Fri, Jun 2nd, 2023 by Saurenergy Vancouver-headquartered Westbridge Renewable Energy Corporation has signed a definitive agreement in connection with the purchase by Metka-EGN, which is a subsidiary of MYTILINEOS Energy & Metals, of a portfolio of five solar projects located in Alberta, Canada from Westbridge. The solar power projects have anticipated aggregate capacity of 1,410 MWdc (1.4 GW) upon commercial operation. […] Read more
Lightsource bp Secures $460 Million For 368-MW Utility Scale Solar Projects Updated On Fri, Jun 2nd, 2023 by Saurenergy Global renewable energy firm Lightsource bp has closed on a $460 million multi-project financing package, which will support the construction and operation of a 368 MW portfolio. This RE portfolio comprised of two utility-scale solar projects in the United States. The debt for this project has been managed by Bank of America, ING Capital, Lloyds […] Read more
Canadian Solar To Help Deliver 99 MWh of BESS in UK Updated On Fri, Jun 2nd, 2023 by Saurenergy Global renewable energy conglomerate Canadian Solar has said that CSI Energy Storage has entered into an agreement to deliver 49.5MW/99MWh of turnkey battery energy storage solutions to European solar and storage player Cero Generation and Enso Energy in the United Kingdom. The energy storage infrastructure is taking speed as the country looks for faster energy […] Read more
OX2, Tuulialfa To Construct Six Wind Projects Worth 1.2 GW Updated On Fri, Jun 2nd, 2023 by Saurenergy Swedish renewable energy company OX2 has announced that it has signed an agreement with Finnish clean energy player Tuulialfa for the development and construction of an onshore wind power portfolio in North Ostrobothnia and Lapland in Finland. The total capacity of the project is slated to be approximately 1,200 megawatts (MW). OX2 said that the […] Read more
NTPC Green, UPRVUNL Sign Pact To Develop Floating Solar, RE Parks Updated On Thu, Jun 1st, 2023 by Saurenergy NTPC Green Energy Limited recently signed a pact with the Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) to develop renewable energy parks, floating solar, and other solar projects in Uttar Pradesh through a collaborative approach. The green arm of the NTPC said that the move would likely boost the company to facilitate the Indian […] Read more
Nexamp Secures $400 Million for Community Solar in Six US States Updated On Thu, Jun 1st, 2023 by Saurenergy Boston based national clean energy provider Nexamp has announced over $400 million in tax equity and debt commitments led by US Bancorp Impact Finance and Mitsubishi UFJ Finance Group (MUFG). The funds will support the creation of 49 solar power and battery storage projects in six US states. The renewable energy projects will come up […] Read more
Europe’s SOLEK Closes $379 Million Financing for Chile Solar Projects Updated On Thu, Jun 1st, 2023 by Saurenergy European renewable energy firm SOLEK has closed a $379 million financing for its portfolio in Chile, consisting of solar photovoltaic utility-scale and PMGD (Small Means of Distributed Generation projects in chile). The solar power projects will come up in the Central Region. SOLEK claims to be a fast-growing company in the renewable energy sector. It […] Read more
