Italian Energy Firm Edison Mulls EUR 5 Billion Investment in Renewables Updated On Wed, Mar 22nd, 2023 by Saurenergy The renewable energy firm of Italy – Edison – has announced that it will be investing EUR 5 billion in the renewable energy sector. The objective of Edison is to raise its installed renewable capacity by the end of this decade to 6 GW. Edison is owned by French renewable major EDF and it has […] Read more
ACWA Power to Build $7.5 bn Worth Renewable Energy Projects & BESS in Uzbekistan Updated On Tue, Mar 21st, 2023 by Saurenergy Saudi renewables developer ACWA Power has inked three PPAs and investment agreements with Joint-Stock Company (JSC) National Electric Grid of Uzbekistan (NEGU) and Ministry of Investment, Industry and Trade of Uzbekistan. Under the agreements, ACWA Power will develop three solar PV projects in Tashkent and Samarkand. It will also build three Battery Energy Storage Systems […] Read more
Goa CM Mulls Over Renewable Energy Expansion to 80 MW to Solarize Panaji Updated On Mon, Mar 20th, 2023 by Saurenergy The state of Goa requires producing 80 MW of renewable energy that may help the state government to make Panaji a solar city. This also needs to be substantiated with the efforts on the part of the people of Goa by installing more and more solar panels, believes Chief Minister of Goa, Pramod Sawant. Out […] Read more
SJVN & Indian Oil to Form JV for Renewable Energy Projects Updated On Thu, Mar 16th, 2023 by Saurenergy CPSU SJVN and Indian Oil Corporation have inked an agreement to form a joint venture for renewable energy projects. This was revealed by SJVN Chairman & Managing Director Nand Lal Sharma while adding that both SJVN and IOCL will employ their core strength for project development. The new firm will look into the development of […] Read more
USA’s Renewable Energy Firm Leeward Secures $180 Million for 200 MW Solar Project Updated On Thu, Mar 16th, 2023 by Saurenergy USA-based renewable energy firm Leeward Renewable Energy has announced the close of about $75 million in construction to term financing from MUFG Bank and about $105 million tax equity commitment from Wells Fargo for the Horizon Solar Facility located in Texas. Leeward said that Mitsubishi UFJ Financial Group (MUFG) served as the green loan structuring […] Read more
BMC Solicits Bids for Rs 90 cr Loan for Multiple Renewable Energy Projects Updated On Mon, Mar 13th, 2023 by Saurenergy Bhopal Municipal Corporation has issued a tender to invite loans for the installation of 20 MW solar projects (Phase I), 21 MW solar projects (Phase II), 15 MW wind energy projects and 1 MW rooftop solar projects. The bids are invited from nationalized banks, private banks, financial institutions and non-banking financial companies for long-tenure term […] Read more
Tata Power Renewable Energy Joins Hands with Tata Power DDL for 510 MW Hybrid Project Updated On Fri, Mar 10th, 2023 by Saurenergy A subsidiary of Tata Power and a major renewable energy player in the country, Tata Power Renewable Energy Limited (TPREL) has entered into a Power Purchase Agreement (PPA) with Tata Power Delhi Distribution Limited (Tata Power-DDL). The PPA is for a 510 MW hybrid project. Tata Power-DDL, a joint venture between Tata Power and Govt. […] Read more
Maharashtra Renewable Energy Grows By 9% Last Fiscal Updated On Thu, Mar 9th, 2023 by Saurenergy The state economic survey of Maharashtra for the period of 2022-23, is out and it paints a bright picture as far as renewable energy is concerned in the state. The state economic survey held that there has been a reasonable jump in the renewable capacity of the state. In 2022-23 financial year, the installed renewable […] Read more
“What is important is the intent; Capability can be built”, Shilpa Urhekar, Sterling & Wilson Renewable Energy Updated On Tue, Mar 7th, 2023 by Saurenergy Shilpa Urhekar is one of those rare professionals in the solar sector who have seen the sector evolve from its tentative origins, when a MW-sized project was a milestone, to the current shift, when GW-sized ambitions are at par for the course. The former Indian Air Force squadron leader has been involved with establishing module […] Read more
