Reliance Industries to Acquire Majority Stake in Solar Digital Platform SenseHawk Updated On Tue, Sep 6th, 2022 by Saurenergy Reliance Industries Limited (RIL) has signed definitive agreements to acquire a majority stake in California based SenseHawk for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products and R&D. Founded in 2018, SenseHawk is an early-stage California-based developer of software-based management tools for the solar energy generation industry. SenseHawk […] Read more
Egypt Looks to Construct Two Large Solar, Wind Projects Updated On Tue, Sep 6th, 2022 by Saurenergy The Egyptian government is mulling over the development of two large renewable energy projects to cut its reliance on fossil fuel based power according to reports. Two solar and wind energy plants will be constructed in the North African Arab. The New and Renewable Energy Authority (NREA), which is mandated with the development of clean […] Read more
US-Based Arevon Secures $400M Green Loan for Solar, Storage Portfolio Updated On Tue, Sep 6th, 2022 by Saurenergy To finance the development of a 6 gigawatt (GW) pipeline of solar and storage projects in the Midwest, Southeast, and California, Arevon Energy, a US based renewable energy leader, has obtained a $400 million green loan fund credit facility from the Canadian Imperial Bank of Commerce (CIBC) and KeyBank N.A. The timing of this fundraising […] Read more
Servotech Bags 4.1 MW UPNEDA Solar Project Updated On Mon, Sep 5th, 2022 by Saurenergy The Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) has awarded a sizable, state-spanning grid-interactive rooftop solar power plant project to Servotech Power Systems, an Indian developer of solar, LED, medical-grade, and electric vehicle (EV) charging solutions. The project entails construction of 4.1 MW solar project all around the state. According to the document, […] Read more
Jakson Group Sets Sights on Building Green Hydrogen Projects Across Asia, Africa Updated On Mon, Sep 5th, 2022 by Saurenergy A leading energy company in India, Jakson Group has shared that it will set up green hydrogen projects across Asia and Africa. The Chairman and Managing Director, Jakson Group, Sameer Gupta revealed, “The company intends to construct green hydrogen projects throughout West Asia and North Africa. The intention is to hunt for hydrogen and ammonia […] Read more
Ceylon Electricity Board Floats Tender for Solar PV Plants Updated On Mon, Sep 5th, 2022 by Saurenergy The Ceylon Electricity Board (CEB) is seeking proposals from potential developers (project proponents) for the construction of ground-mounted and floating solar PV power plants with a combined capacity of 30 MW on a build-own-operate basis with a 20-year operational period. The deadline for proposal submissions is October 27, 2022. Within 10 months of the power […] Read more
Tata Power Delhi Distribution Invites RFS for 255 MW of Hybrid Projects Updated On Fri, Sep 2nd, 2022 by Saurenergy Tata Power Delhi Distribution (TPDDL) has invited a request for selection (RfS) for the setting up of 255 MW wind-solar hybrid power projects with a greenshoe option for an additional 255 MW across India. The projects will be developed using a build-own-operate model. Out of the total 255 MW project capacity, Tata Power-DDL needs 85 […] Read more
First Project With Modules From Credence Solar Nears Launch Updated On Fri, Sep 2nd, 2022 by Saurenergy Yet another Gujarat-based firm has embarked on its solar journey. The latest entrant is Rajkot-based Credence Solar Panels Private Limited, a solar panel manufacture with production capacity of 200MW equipped with most modern manufacturing machinery capable of M10 and M12, (540 to 670W in mono and Bifacial) which are now certified and approved by BIS […] Read more
KSEB Floats 340 MW of Solar, Wind, Hydropower Tender Updated On Fri, Sep 2nd, 2022 by Saurenergy Kerala State Electricity Board (KSEB) has floated a tender for 340 MW cumulative capacity. This tender capacity includes solar (140MW), wind (100MW), and hydropower (100 MW) on a short-term basis to meet its Renewable Purchase Obligations (RPO) which will help achieve the renewable target from November 1, 2022 to May 31, 2023. According to the […] Read more