Engie Closes Deal With Edelweiss Yield Plus For India Solar Assets Updated On Fri, Mar 26th, 2021 by Saurenergy In one of the largest renewable energy deals during the past year, Edelweiss Infrastructure Yield Plus (EIYP), an alternative investment fund by Edelweiss Alternative Asset Advisors, announced yesterday that it has acquired a 74 per cent stake in French energy major Engie Group’s solar portfolio in India. The investment from the fund will free up Engie to […] Read more
After Record 2020, South Korea To See Moderation In Solar Growth Updated On Fri, Mar 26th, 2021 by Saurenergy South Korea, which has emerged as an unexpected bright spot for growth in the past three years, added almost 4.1 GW of solar in 2020.That places the country well above other relatively large markets like India for instance, which added barely 3.2 GW in 2020. The large additions in South Korea have been a function […] Read more
Problem of Solar Plenty in Australia As Regulator Considers Two Way Pricing Updated On Fri, Mar 26th, 2021 by Saurenergy Australia, where rooftop solar PV has been a huge success, with rooftop solar nudging past the 13 GW mark earlier this year, faces a touch new choice on keeping the momentum up. The Australian Energy Market Commission (AEMC), in a draft paper, has proposed offering two-way pricing to address the issue of network congestion on […] Read more
Rio Tinto Selects Heliogen’s Solar Tech to Provide Clean Energy to Boron Mine Updated On Thu, Mar 25th, 2021 by Saurenergy International mining and metals company Rio Tinto and renewable energy technology company Heliogen today announced an agreement to explore the deployment of Heliogen’s breakthrough solar technology at Rio Tinto’s borates mine in Boron, California. Under a Memorandum of Understanding, Heliogen will deploy its proprietary, artificial intelligence (AI)-powered technology at the Boron operation, where it will […] Read more
Wind and Solar Can Improve Energy Security and Independence in Albania Updated On Thu, Mar 25th, 2021 by Saurenergy IRENA’s renewables readiness assessment offers Albania recommendations to align energy policy with growth and climate agendas A new report published today by the International Renewable Energy Agency (IRENA) shows that Albania could significantly improve its energy security and reduce energy system vulnerability to climate impacts by deploying its vast solar and wind resources. Full exploration of national […] Read more
Bharti Airtel Increases Stake in Avaada SPV for Captive Solar Project Updated On Thu, Mar 25th, 2021 by Saurenergy Bharti Airtel has now acquired an additional 3.33% equity in the Avaada SPV – Avaada MHBuldhana for a reported Rs 2.914 crore. Bharti Airtel has announced that in furtherance to its acquisition of 5.2 percent equity shares in Avaada MHBuldhana Private Limited – a Special Purpose Vehicle (SPV) of the Avaada Group formed for the […] Read more
ABB Crosses 5 GW Milestone for Providing Solar Plant Automation Solutions in India Updated On Thu, Mar 25th, 2021 by Saurenergy ABB has reached the cumulative 5GW mark in providing Programmable Logic Controller-based solar plant automation solutions in India. ABB has reached the cumulative 5-gigawatt (5GW) mark in providing Programmable Logic Controller based (PLC) solar plant automation solutions in India. The firm stated that this milestone is an outcome of many significant solar power projects that […] Read more
Uttar Pradesh Floats Tender for 75 MW of Grid-Connected Solar Projects Updated On Wed, Mar 24th, 2021 by Saurenergy Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has floated an e-tender for setting up a 75 MW grid-connected solar PV power project in UP solar park, Uttar Pradesh. As part of the Government of India’s target to achieve a cumulative capacity of 100 GW Solar PV installations by the year 2022, UPNEDA wishes […] Read more
DOE Awards EPRI $2 Million to Investigate Co-Adoption of Solar, Energy Storage & Electric Vehicles Updated On Wed, Mar 24th, 2021 by Saurenergy The Electric Power Research Institute (EPRI) will receive a $2 million contract from the U.S. Energy Department (DOE) to explore how information about solar energy spreads among consumers. DOE’s Solar Energy Technologies Office (SETO) selected EPRI to examine how residential and commercial utility customers make decisions related to the co-adoption of solar power with other technologies, such as energy storage and […] Read more
