World Bank Inks Project to Scale up Renewable Energy Technologies in India Updated On Tue, Dec 20th, 2022 by Saurenergy The World Bank has announced that it has signed agreements with the Government of India (GoI) and Solar Energy Corporation of India Limited (SECI) for a $150 million IBRD loan, a $28 million Clean Technology Fund (CTF) loan and a $22 million CTF grant. The objective of the financial agreements is to help India increase […] Read more
Solar+BESS Project in Palau by Philippines’ Altenergy Headed Towards Completion Updated On Tue, Dec 20th, 2022 by Saurenergy Philippines-based leading distributor of solar photovoltaic products and battery storage solutions Alternergy has shared that a solar PV and battery storage project in the Republic of Palau, is headed towards completion. The project will kickstart in April next year. Alternergy has investments spanning across RE technologies- solar, wind, hydro. At the same time, it is […] Read more
IREDA Inks Rs. 4,445 Cr Loan Pact with SJVN Green Energy for 1 GW Solar Power Project Updated On Thu, Dec 15th, 2022 by Saurenergy The Indian Renewable Energy Development Agency Ltd. (IREDA) has joined hands with SJVN Green Energy Ltd. (SGEL, a subsidiary of SJVN Ltd.) for a 1,000 MW Solar power project at Bikaner, Rajasthan. The agreement is worth Rs. 4,444.71 crore. The project funded by IREDA will connect to 400/220 KV substation Bikaner-II (near Bikaner). The project […] Read more
NIIFL Signs Agreement with Tamil Nadu for Renewable Energy Projects Updated On Tue, Dec 13th, 2022 by Saurenergy The National Investment and Infrastructure Fund Ltd (NIIFL) has announced that it has signed an MoU with the Tamil Nadu Infrastructure Development Board (TNIDB) to attract investment in infrastructure development in the southern state. This will also include attracting commercial capital in the renewable energy sector. The State Government of Tamil Nadu has set up […] Read more
Abu Dhabi Exports Office to Finance Solar Facility in West Africa Updated On Mon, Dec 12th, 2022 by Saurenergy Set up by Abu Dhabi Fund for Development for financial purposes, the Abu Dhabi Exports Office (ADEX), will provide loan worth AED92 million ($25 million) to augment the capacity of a solar facility in Togo, West Africa. Towards this goal, ADEX has entered into an agreement with the Ministry of Economy and Finance in Togu […] Read more
Solar Manufacturing Seeks A China Fix As Regions Push For Energy Security Updated On Mon, Dec 12th, 2022 by Saurenergy Solar manufacturing, until now synonymous with giant factories in China is now finding its roots in several new hotspots worldwide. Initiatives to boost solar manufacturing are being taken worldwide as the world has accelerated the efforts to shift to renewables in a bid to move toward a sustainable future. Notably, over the last decade, the […] Read more
Greenko Bags NTPC’s 3000 MWh Energy Storage Project Tender Updated On Fri, Dec 9th, 2022 by Saurenergy Greenko Energies has emerged as the lowest bidder by a significant margin for NTPC Renewable Energy’s auction to set up interstate transmission system (ISTS)-connected energy storage systems of 3,000 MWh capacity with a minimum of 500 MW capacity to be installed anywhere across India. Greenko won the entire capacity by quoting Rs 27.9 lakh /MWh/year, […] Read more
Canadian Solar Bags 256 MW Contracts For South Africa Largest Solar PPAs Updated On Tue, Dec 6th, 2022 by Saurenergy Canadian Solar Inc. has announced that its majority-owned subsidiary CSI Solar Co., Ltd. (“CSI Solar”) signed a 256 MW solar module contract with SOLA Group, a Cape Town-based independent power producer. The 256 MWs will supply the first two largest utility-scale solar power projects in South Africa, which are based on private power purchase agreements (PPAs). […] Read more
AMEA Power Closes Financing of 1 GW Solar, Wind Project for US$1.1 Bn in Egypt Updated On Thu, Dec 1st, 2022 by Saurenergy AMEA Power, a Dubai-based developer, owner and operator of renewable generation assets, has closed the financing of 1 GW of renewable energy projects. The projects, which are to come up in Egypt, entail a 500 MW solar PV plant and a 500 MW wind farm. The US$1.1 billion investment for the project has been provided […] Read more
