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
Indore Municipality To Lead With First Green Municipal Bonds For Solar Plant Updated On Tue, Nov 29th, 2022 by Saurenergy The country’s first local government bond (Retail Municipal Bond) will be offered by a city in India with a solid environmental track record, and the revenues will be used to finance a solar power plant. Indore, which has been impossible to dislodge from the top rank among India’s cleanest cities for the past few years, […] Read more
As Solar Spreads Out, Marketing Makes an Entrance Updated On Tue, Nov 29th, 2022 by Saurenergy Just over 30 months ago, SaurEnergy did a feature on rooftop solar, “Residential Solar. Market Yes, But Marketing?” That story, in our April 2020 issue talked about the potential in the rooftop solar category, albeit, residential. But there was almost complete lack of formal marketing tactics from firms to attract customers. The few firms with […] Read more
Actis’ BluPine Energy Buys 404 MW of Solar Power Assets from Atha Updated On Fri, Nov 25th, 2022 by Saurenergy Delhi-based renewable energy and storage solution provider company, that is 100% backed by global investment firm Actis Llp, BluPine Energy has purchased 404 MW of solar power assets from Atha Group, a private equity corporation headquartered in London. The enterprise value of the solar assets owned by Atha in this transaction is close to Rs. […] Read more
Germany’s ib vogt Begins Construction on Spain Project, Signs PPA with Google Updated On Thu, Nov 24th, 2022 by Saurenergy German’s turnkey PV plants provider, ib vogt has started construction on the 149 MWp Garnacha solar power plant located in the province of Zamora in Spain. The project signed a power purchase agreement (PPA) with Google for a period of 12 years, signaling the first major collaboration between ib vogt and Google. With a €90m […] Read more
