MNRE Appoints REC GM to The Position of Director (Finance) at IREDA Updated On Tue, Nov 1st, 2022 by Saurenergy In a formal announcement made recently, Bijay Kr Mohanty has been chosen for the job of Director (Finance) at IREDA by a Search-cum-Selection Committee established by the Ministry of New and Renewable Energy (MNRE). Following an interview, the committee selected Mohanty from a list of four shortlisted candidates. Ajay Mathur, Chief GM, REC Ltd, Gurugram; […] Read more
Indigenizing Solar Manufacturing: Charting the Course to a Solar Self-Sufficient India Updated On Tue, Nov 1st, 2022 by Saurenergy Building a strong solar manufacturing sector and supply chain in India will help support the economy and keep pace with rising domestic and global demand for affordable solar energy. Currently, the Indian solar manufacturing industry doesn’t have the capacity to produce PV modules to meet the majority of today’s domestic demand. With all that in […] Read more
Galata Wind Gets $45 Million EBRD Loan For Wind Projects Updated On Tue, Nov 1st, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) is extending up to $ 45 million in financing to Turkish firm Galata Wind Enerji AS to boost the company’s wind capacity and accelerate Turkey’s transition to a clean energy future. According to the official statement of Galata Wind, the new loan from EBRD will finance up […] Read more
ACWA Power, EBRD sign pact for Renewable Energy Infra Projects Updated On Tue, Nov 1st, 2022 by Saurenergy Key Saudi Arabian power generator and RE player ACWA Power Company has announced that it has signed a Memorandum of Understanding to finance sustainable infrastructure projects with the European Bank for Reconstruction and Development (EBRD). The pact was announced on the side lines of the Future Investment Initiative Forum, which took place in Riyadh. The […] Read more
Arevon Energy Secures 2 GW Supply of American Solar Modules Updated On Mon, Oct 31st, 2022 by Saurenergy To support its expanding portfolio of renewable energy sources, a US based renewable energy leader Arevon Energy has enterted into a contract with First Solar for supply of sophisticated Series 7 thin film photovoltaic (PV) solar modules totaling more than 2 GW DC. A little more than 700 MW DC of the total volume secured […] Read more
Masdar Opens New Office in Saudi Arabia With Focus On Renewable Projects Updated On Mon, Oct 31st, 2022 by Saurenergy Renewable energy major Masdar had opened a new dedicated office in the Saudi Arabia to strengthen its support for the Kingdom’s clean energy objectives. Masdar will also participate with partners in the upcoming Round 4 tender announced by the Saudi Power Procurement Co. (SPPC) for wind and solar projects with a combined capacity of 3.3 […] Read more
Levi Strauss Teams up with Walmart, Orsted, Schneider Electric for Wind Energy Project Updated On Thu, Oct 27th, 2022 by Saurenergy American clothing company known for manufacturing denim jeans, Levi Strauss has joined forces with Walmart Inc, Orsted, Schneider Electric for the purchase of percentage of the renewable energy that is to be generated by Kansas-based Sunflower Wind Farm. The financial terms of the agreement have not been disclosed, however, it has been revealed that the […] Read more
World’s Largest Single Phase Energy Storage Project is Now Operational Updated On Wed, Oct 19th, 2022 by Saurenergy Solar power conglomerate Canadian Solar subsidiaries Recurrent Energy and CSI Energy Storage, along with Axium Infrastructure, have announced that the Crimson Storage, a 350 MW / 1400 MWh standalone energy storage project, is now in operation and providing flexible capacity to the California grid. Axium Infrastructure acquires, develops, finances, operates, and manages infrastructure assets. According […] Read more
Redington Launches Solar Rooftop Partner Program Updated On Tue, Oct 11th, 2022 by Saurenergy Leading IT distributor Redington has launched the ‘Solar Rooftop Partner Program’ to encourage the adoption of solar power by homes and businesses. The program will be facilitated through the Redington digital platform, which will seamlessly connect the processes and industry stakeholders – home and business owners, solar installers, service management, financial institutions, remote monitoring of […] Read more
