BluPine Energy Signs PPA with APL Apollo Group For 61.65 MW Solar Plant Updated On Mon, Jun 10th, 2024 by Saurenergy BluPine Energy, established in India by global infrastructure investor Actis, has announced the signing of a Power Purchase Agreement (PPA) with APL Apollo Building Products (a wholly owned subsidiary of APL Apollo Tubes Limited), India’s largest structural steel tubes & pipes manufacturing company. The pact was signed for the establishment of a 61.65 MW solar […] Read more
candi solar Secures $38 Million Investment Through Equity Updated On Mon, Jun 10th, 2024 by Saurenergy candi solar, a clean energy company specializing in solar power solutions for Commercial and Industrial (C&I) clients, successfully closed its Series C funding round. In this, the company secured $38 million in equity investment. The round was led by Norfund a Norwegian Investment Fund for developing countries, Kyuden International, and STOA. The equity capital investment […] Read more
Ecofy Joins Forces With Luminous To Accelerate Solar Adoption Updated On Mon, Jun 10th, 2024 by Saurenergy Indian NBFC Ecofy has now announced its partnership with Luminous Power Technologies, an energy solutions industry. The collaboration with Luminous aims to focus on the financing landscape for renewable energy projects, especially solar power projects. With the introduction of the PM Surya Ghar Yojana 2024, favorable market conditions and governmental support, the partnership could make […] Read more
JSW Energy Commences Construction Of 1 GWh BESS Project Updated On Mon, Jun 10th, 2024 by Saurenergy Mumbai-based JSW Energy recently initiated the construction activities for its 1 Gwh Battery Energy Storage Project (BESS) marking its foray into energy storage services. With this project, JSW also claims to lead in the development of one of the large commercial-scale Green Hydrogen projects in India. It claims to be one of the few in […] Read more
Cliantech To Establish 1.2 GW Solar Panel Company In UP Updated On Fri, Jun 7th, 2024 by Saurenergy Cliantech Solutions will establish a 1.2 GW fully automated solar panel manufacturing line for Alpex Solar at its new location at Kosi Kotwan in Mathura, Uttar Pradesh. The reason for Cliantech‘s success is its strategic alliances with top tech firms like GAORUN, which guarantee its clients have access to the best possible quality at the […] Read more
News Brief June 07 – UK Battery Project, Energy Vault, Sumitomo Updated On Fri, Jun 7th, 2024 by Saurenergy Gresham House secures PPA for 568MW battery projects in UK An Octopus Energy subsidiary and Gresham House Energy Storage Fund have engaged into a power purchase agreement (PPA) for 14 of the company’s battery projects in the UK, totaling 568MW/920 megawatt hours (MWh). Commencing on July 1, 2024, the two-year fixed-price contracts will cover around […] Read more
Orb Energy Partners SBI Under Surya Shakti Solar Finance Scheme Updated On Fri, Jun 7th, 2024 by Saurenergy Orb Energy has announced its partnership with the State Bank of India (SBI). This agreement designates Orb Energy as an approved vendor under SBI’s Surya Shakti Solar Finance Scheme. Launched by SBI, the country’s largest lender, the Surya Shakti scheme aims to enhance the financing options available for solar power projects. Through this collaboration, SBI […] Read more
IEA Forecasts Solar PV Investment To Exceed USD 500 Bn In 2024 Updated On Thu, Jun 6th, 2024 by Saurenergy The International Energy Agency’s (IEA) recent report on world energy investment found that investment in solar PV surpassed all other generation technologies combined. It found a noticeable rise in solar panel costs that have decreased by 30% over the last two years. International Energy Agency (IEA) report said, “The prices for minerals and metals which […] Read more
US Solar Installed Capacity Soars 71% In Q1 2024, Hits 200-GW Mark Updated On Thu, Jun 6th, 2024 by Saurenergy US Solar Manufacturing Association (SEIA) recently reported setting a record 11 gigawatts (GW) of new solar module manufacturing capacity in the United States during Q1 2024. The organization claims this to be the largest quarter of solar manufacturing growth in American history. According to the US Solar Market Insight Q2 2024 report released by the […] Read more
