Recurrent Energy Secures $70 Million Financing For 152 MW Brazil Solar Project Updated On Thu, Apr 18th, 2024 by Saurenergy Solar and energy storage assets firm Recurrent Energy has announced that it has secured $70 million of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil. The 152 MW Jaiba III project will be financed over 22 years spanning both construction and operation phases. Linked […] Read more
News Briefs, April 18- Amazon Solar, IREDA, ib Vogt, Sapience Automata Updated On Thu, Apr 18th, 2024 by Saurenergy IREDA’s Strategic Move: GIFT City Office to Boost Green Hydrogen and RE Manufacturing Projects Indian Renewable Energy Development Agency Ltd. (IREDA) has inaugurated an office in GIFT City, Gandhinagar, specializing in the provision of Foreign Currency-denominated debt options which will significantly reduce the financing costs associated with Green Hydrogen and Renewable Energy Manufacturing projects, facilitating […] Read more
ISA Inks Pact With Bhutan For Development Of Solar Projects Updated On Thu, Apr 18th, 2024 by Saurenergy The International Solar Alliance (ISA) has signed a Country Partnership Agreement (CPA) with the Department of Energy and, the Ministry of Energy & Natural Resources in Bhutan. This partnership aims to pave the way for a more sustainable & resilient energy future for Bhutan, the ISA said in a post on X, formerly Twitter. “An […] Read more
Avaada Energy Wins 250 MW Solar-Wind Hybrid Project From NTPC Updated On Thu, Apr 18th, 2024 by Saurenergy Indian renewable energy company Avaada Energy recently announced winning a 250 MW solar-wind hybrid power project in a tender issued by the National Thermal Power Corporation (NTPC). Earlier, NTPC had issued a tender for the selection of hybrid power generators to supply 1000 MW of power through ISTS-connected wind-solar hybrid projects. Avaada Energy secured a 50 […] Read more
European Commission Signs Solar Charter To Boost Manufacturing Resilience Updated On Tue, Apr 16th, 2024 by Saurenergy The European Commission has signed the European Solar Charter to support Europe’s solar manufacturing base. In the charter, the signatories commit to the support of Europe’s solar manufacturing base. The charter was signed in Brussels and was drafted by the European Commission. Last year, 56 GW of solar PV were installed in the European Union […] Read more
BII, FMO Lends BECIS US$50 Mn To Support RE Projects In South East Asia Updated On Mon, Apr 15th, 2024 by Saurenergy British International Investment (BII), and FMO, recently announced a joint loan commitment of US$50 million to BECIS, an energy-as-a-service (EaaS) provider in South-East Asia. The joint financing facility will be used to fuel BECIS’ expansion and back their energy solutions across Vietnam, the Philippines, Indonesia, Thailand, Malaysia and India. This is in response to the […] Read more
Mahindra Susten Enters Hybrid RE Segment With 150MW Projects Updated On Mon, Apr 15th, 2024 by Saurenergy Mahindra Susten recently announced its plan to develop a 150 MW hybrid RE (solar + wind) project at a total project cost of about Rs 1,200 crore. The project will be developed by Mahindra Susten, part of Mahindra Group and one of the renewable Independent Power Producers (IPP), with global investor Ontario Teachers’ Pension Plan […] Read more
Greece-Based Electric Utility Firm To Develop 2GW Solar Farm In Europe Updated On Mon, Apr 15th, 2024 by Saurenergy European Electric Utility firm PPC Group and Greek metal company MYTILINEOS Energy & Metals have announced that they have signed a Cooperation Framework Agreement (CFA) for the development and construction of a portfolio of solar projects up to 2000MW in Italy, Bulgaria, Croatia, and Romania. According to a media statement by PPC Group, the value […] Read more
Plant Setup Manager – Solar Module Manufacturing Updated On Mon, Apr 15th, 2024 by Saurenergy Soleos Solar Energy Pvt Ltd is seeking a dynamic and experienced Solar Plant Project Manager to oversee the establishment and operationalization of our new solar module manufacturing plant. This role is critical to our expansion efforts and requires a candidate with a strong background in solar module manufacturing plant set up, excellent management skills, and […] Read more