Europe’s Solar Energy Surge: A Promising Solution Or Just A Palliative? Updated On Thu, Mar 16th, 2023 by Saurenergy Europe is in the middle of its biggest ever solar build out currently, as it seeks to build more solar capacity for every reason from more energy security to clean energy. But can solar deliver for Europe? Is it the panacea to energy security in the long term? Or is it doomed to over promise […] Read more
SOLARCYCLE Raises $30 Million for Advanced Recycling Updated On Thu, Mar 16th, 2023 by Saurenergy Texas-based recycling start-up SOLARCYCLE that produces sustainable materials at scale for the solar industry, has raised $30 million in Series A funding. Now the total funding stands at $37 million since its inception a year ago. SOLARCYCLE said that the funds, consisting of both company equity and infrastructure financing, will be used to scale its […] Read more
Power Minister R.K. Singh Updates Parliament On Progress With India’s Energy Transition Updated On Wed, Mar 15th, 2023 by Saurenergy Union Minister of Renewable Energy & Power R.K. Singh made a slew of announcements in the Rajya Sabha yesterday, shining the light on the progress made in renewable energy in the country. Here is a look at some important of the relevant news related to renewables. Renewable Energy Installed As on 31.01.2023, the cumulative installed […] Read more
KBC Energy Solutions Gets $121 Million Contract from US Department of Energy Updated On Wed, Mar 15th, 2023 by Saurenergy KBC Energy Solutions has been awarded a contract from the US Department of Energy’s National Energy Technology Laboratory (NETL) for the execution of support services. KBC said that the contract is for five years and initially valued at $121 million. NETL says it has a mission to drive innovation and deliver solutions for an environmentally […] Read more
IbVogt Selects Nextracker to Supply Solar Trackers for 150 MW Power Plant in Spain Updated On Tue, Mar 14th, 2023 by Saurenergy Solar tracker solutions provider for utility-scale and distributed generation projects Nextracker has secured a new deal in Europe for its terrain-following solar tracker NX Horizon-XTR™ (XTR). IbVogt, German international solar developer, has chosen Nextracker’s XTR for the 150 MW Garnacha solar power plant in Spain. The project is backed by a twelve-year power purchase agreement […] Read more
Navisun Secures $235 Million to Fuel Solar Projects’ Growth Updated On Tue, Mar 14th, 2023 by Saurenergy Manhattan-based solar energy player Navisun LLC has announced that it has secured up to $235 million in debt financing through two facilities. Navisun is a solar independent power producer that co-develops, acquires, owns, and operates distributed and small utility-scale solar and storage projects. Navisun said that the financing will support its growth strategy, allowing it […] Read more
Himachal Pradesh Power Corp Invites Bids for Supply of 32 MW Solar Power Project Updated On Tue, Mar 14th, 2023 by Saurenergy Himachal Pradesh Power Corporation Limited (HPPCL) has invited bids for the design, supply, construction and erection, testing, commissioning and operation and maintenance for 8 years of 32 MW (AC) solar power project at Pekhubella, Una, Himachal Pradesh. The EMD is Rs 3.70 cr. The document fee is Rs 15,000. The last date for submission of […] Read more
Pak Needs Aggressive RE Plan to Meet Solar & Wind Potential of 33,000 MW: Think Tank Updated On Mon, Mar 13th, 2023 by Saurenergy A study by Germany based think tank Agora Energiewendie has come up with its analysis that Pakistan needs to have a better and far more ambitious plan to increase its variable renewable energy (VRE), mainly solar and wind energy. The study called ‘Solar and Wind Roadmap for Pakistan’ said that the South Asian country must […] Read more
ALMM Requirement For Solar Projects Deferred To April 2024 Updated On Fri, Mar 10th, 2023 by Saurenergy In a move that was as unexpected as seemingly inevitable, the MNRE(Ministry of New and Renewable Energy), in a late evening Office Memorandum, has declared that its orders for using only domestically approved modules in the Approved list of module manufacturers list (ALMM) will be held in abeyance till March 31, 2024. The ALMM order […] Read more
