Adani Green Seals Its Largest Project Financing Of USD 1.36 billion Updated On Tue, Dec 5th, 2023 by Saurenergy Adani Green Energy Ltd (AGEL) announced a follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks. The renewable energy firm said that the green loan facility would play a pivotal role in enabling the development of AGEL’s next […] Read more
ReNew Signs MoU with Asian Development Bank for US$ 5.3 billion Funding Updated On Tue, Dec 5th, 2023 by Saurenergy ReNew Energy Global Plc (“ReNew”), on Sunday, signed a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) to collaborate on climate change mitigation and adaptation projects. The MoU covers projects with investment value of more than US$ 5.3 billion between 2023 and 2028. The MoU was signed at COP28, Dubai by ReNew’s Founder, […] Read more
UAE’s Clean Energy Powerhouse Masdar Expands European Footprint With 1GW Portfolio Updated On Tue, Dec 5th, 2023 by Saurenergy Masdar, the UAE’s clean energy powerhouse announced the acquisition of eight hybrid renewable energy projects, along with Taaleri Energia, a Finland-based renewable energy developer and fund manager, marking a significant expansion to both companies’ Polish renewable energy portfolios. The announcement was made on December 4, and follows a series of announcements by the government owned […] Read more
US Proposes Norms To Counter Chinese Domination In Battery Manufacturing Updated On Mon, Dec 4th, 2023 by Saurenergy The US Department of Treasury and the IRS (Internal Revenue Service) has now proposed guidelines on clean vehicles credits under the Inflation Reduction Act (IRA). It is expected to lower costs for consumers, spur growth in the US vehicle manufacturing, and strengthen energy security. The move is also likely to reduce the dependency of the […] Read more
Dalmia Cement Plans To Use Wind Power For Its Tamil Nadu Plants Updated On Wed, Nov 29th, 2023 by Saurenergy Indian cement manufacturer Dalmia Cement (Bharat) Limited has now planned to rope in wind power to cater to its power needs. In order to boost the use of renewable energy for its power needs, it has also issued a bid seeking developers. The company, a subsidiary of Dalmia Bharat Limited, plans to use this renewable […] Read more
Polysilicon Industry Set to Push Out New Entrants In 2024, Predicts Bernreuter Updated On Wed, Nov 29th, 2023 by Saurenergy Germany research firm Bernreuter Research predicts an imminent, and third shakeout in the global polysilicon industry in 2024. This would be caused by sustained, low polysilicon prices that will only go lower, before any sort of recovery post 2024. The trigger will be Chinese polysilicon market leader Tongwei that will usher in a phase of […] Read more
Tata Power Nudges NCR Employees To Cut Emissions By Using EVs Updated On Tue, Nov 28th, 2023 by Saurenergy In an interesting move to do its bit to mitigate the worsening air quality in Delhi NCR, Tata Power, one of India’s largest integrated power companies, launched a special program on November 27 to incentivize its employees to switch to EVs. This announcement is aligned with Tata Power’s ‘Sustainable is Attainable’ movement, which encourages adoption […] Read more
Waaree Energies Supplies 850 MW Solar Modules to Acciona for US Projects Updated On Tue, Nov 28th, 2023 by Saurenergy Waaree Energies Limited has announced it has successfully supplied 850 MW solar PV modules for projects under development in the US by Acciona Energia, a Spain based renewable energy leader that operates more than 1 GW of solar, wind power and industrial-scale energy storage projects in the U.S. The companies also announced a three-year agreement […] Read more
Haryana Opens Up PM-KUSUM Portal For Solar Pump Applicants Updated On Fri, Nov 24th, 2023 by Saurenergy The Haryana New and Renewable Energy Department has now opened the PM-KUSUM scheme state portal. In a public notice, the department announced the opening of the same from November 22 to November 30 for the solar pump applicants. The department said that the beneficiaries can use the state portal to submit their share of the investment […] Read more
