Norwegian Fund To Invest $62 Million In SAEL To Help Develop 3GW Renewables Updated On Fri, Jan 27th, 2023 by Saurenergy The new Norwegian Climate Investment Fund has said that it will be investing about NOK 600 million or $62 million (Rs. 500 crores) in equity in Sukhbir Agro Energy Limited (SAEL). As per the official statement of the fund, the investment will contribute to avoiding more than 2.8 million tons of CO2 emissions. Given the […] Read more
Enfinity Global, Statkraft Sign PPA For 191 Gwh Supply In Italy Updated On Fri, Jan 27th, 2023 by Saurenergy Global renewable players Enfinity Global and Statkraft have announced that they have signed a 10-year solar power purchase agreement (PPA) in Italy. As per the deal, the committed energy will be produced by a 112 MW utility-scale solar power portfolio owned by Enfinity Global. The official statement by Enfinity held that the solar power portfolio, […] Read more
ACME, Norfund Alliance for Renewable Energy In India Updated On Fri, Jan 27th, 2023 by Saurenergy Gurugram headquartered renewable energy player ACME has collaborated with Norfund – the Norwegian investment fund – under which the two companies will invest together in renewable energy projects in India. Norfund is the manager of Norwegian Climate Investment Fund (NCIF) and it invests in developing countries. Manoj Upadhyay, Founder and Chairman, ACME Group, said, “I […] Read more
Premier Energies claims to be the second largest integrated manufacturing facility in India Updated On Fri, Jan 27th, 2023 by Saurenergy Intersolar 2022, held at Gandhinagar, Ahmedabad, saw participation from a large number of leaders in the solar industry, even though the numbers fell drastically when compared to last year owing to the ongoing Gujarat Assembly Elections. Saur Energy International spoke to Chiranjeev Saluja, Managing Director, Premier Energies at the exhibition premises about the plans […] Read more
January ALMM List- 14 New Manufacturers, 6 From Gujarat Updated On Fri, Jan 27th, 2023 by Saurenergy The Ministry of New and Renewable Energy has released the latest AMM (Approved list of module manufacturers) for January 2023,and the list of manufacturers continues to grow. 14 new manufacturers make an entry in January, notably BHEL with a 214 MW approved capacity or its plant at Bengaluru. The only other notable entrants to the […] Read more
The Top 5: Challenges to EV Growth in 2023 Updated On Thu, Jan 26th, 2023 by Saurenergy The calendar year 2022 turns out to be a significant year for electric vehicles (EVs) with sales hitting new highs globally and in India. According to data available at the VAHAN portal, EV sales grew from 3.2 lakh units in 2021 to nearly 10 lakh units in 2022, a growth of over 200 per cent. […] Read more
Minigrid Pioneer Husk Power Turns Profitable After 14 Years Updated On Thu, Jan 26th, 2023 by Saurenergy Husk Power Systems, which pioneered the first renewable energy minigrid in India in 2008 and now operates the largest fleet of community mini grids across Asia and Africa, announced that it has achieved profitability on both continents. Husk is the world’s first minigrid company to achieve this major industry milestone. The company became EBITDA positive […] Read more
Gujarat Tableau At R Day Parade To Underline Its Leadership In Clean Energy Updated On Wed, Jan 25th, 2023 by Saurenergy ‘Clean-Green Energy Efficient Gujarat’ will be Gujarat’s theme for the Republic Day parade tableau to be held in New Delhi on January 26, an official release said earlier this week. The announcement in many ways underlines the vital role the state is going to play in India’s clean energy plans. Blessed with a long coastline […] Read more
Islamic Development Bank To Offer Insurance/Finance For RE Projects Updated On Wed, Jan 25th, 2023 by Saurenergy In a bid to promote the development of renewable energy projects, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the Islamic Development Bank (IsDB) Group, has signed an MoU with Abu Dhabi Future Energy Company or Masdar. Under the MoU, the bank and Masdar agree to co-operate […] Read more
