ACWA Power Gets $174 Million Loan From ADB For Uzbekistan Wind Projects Updated On Tue, Apr 25th, 2023 by Saurenergy Saudi Arabia’s ace renewable energy developer ACWA Power has received $174 million worth of loans from the Asian Development Bank (ADB) to develop the Bash wind power and Dzhankeldy wind power plants – both located in the Bukhara region in Uzbekistan. As per ABD, the ACWA Power financing comprises loans amounting to $40.5 million for […] Read more
EBRD Lends €29 Million For Albania’s 140MW Solar Project Updated On Tue, Apr 25th, 2023 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has said that its lending €29 million to an Albanian special-purpose vehicle, owned by France’s Voltalia, to develop the 140 MW Karavasta solar plant. This solar power plant will come up in the Fier area of south-western Albania. The EBRD is anchoring the €99 million financing structure […] Read more
12 Out of 23 Solar Manufacturers Get 2 Months Validity Bonus In MNRE’s New ALMM Order Updated On Mon, Apr 24th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE), in its latest order on the Approved List of Models and Manufacturers (ALMM), has extended the validity of 12 out of 23 solar manufacturers whose validity expired on March 9, 2023, and those who approached the ministry for such extension. These 23 solar manufacturers were the first lot of […] Read more
SECI Records 59% Rise in RE Power Trading, Revenue Crosses Rs 10,000 Cr For The First Time Updated On Mon, Apr 24th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) Monday said it recorded a 59 percent jump in the renewable energy power trading volume in Financial Year 2022-23. The arm of the Ministry of New and Renewable Energy (MNRE), in a media release, said that it traded over 35 Billion Units (BU) during the period. It also reported […] Read more
Gautam Solar Supplies Mono Half-Cut Solar Panels For Bhopal Airport Updated On Mon, Apr 24th, 2023 by Saurenergy Gautam Solar, one of India’s indigenous solar manufacturers, has now supplied 10 BB (Bus Bar) Mono Half-Cut Solar Panels for a solar plant for the Raja Bhoj International Airport of Bhopal. The move is likely to boost the use of renewable energy to cater to the airport’s power needs in the state capital of Madhya […] Read more
X-ELIO Gets Financial Closing Of EUR 102mn For Spanish Solar Projects Updated On Sun, Apr 23rd, 2023 by Saurenergy Global renewable energy player X-ELIO has closed a financing deal for three solar power projects located in the Spanish region of Extremadura. The three solar projects are , Los Llanos I, II and III, that will specifically come up in Medina de las Torres municipality, Badajoz, Spain. X-ELIO has secured EUR 102 million for the […] Read more
GUVNL Awards 200MW Solar Project To Avaada Energy With A Tariff Of Rs 2.75/KwH Updated On Fri, Apr 21st, 2023 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has now awarded a 200 MW solar power project to Avaada Energy, an arm of Avaada Group. The project contract was given at a tariff of Rs 2.75 per Kilo-Watt-Hour (KwH). GUVNL awarded the project to the renewable energy company through competitive bidding, followed by an e-reverse auction. […] Read more
IFC To Back 44 MW Solar Plus Storage Malawi Project By Voltalia Updated On Thu, Apr 20th, 2023 by Saurenergy The International Finance Corporation (IFC), the private sector body of the World Bank and Voltalia, a renewable energy company have signed an agreement to arrange financing for the Dwanga Renewable Energy project at Malawi, an east African country. This project has two components which comprise 44 Megawatt (MW) of solar and power and 10 MW […] Read more
Shakti Pumps Starts Operations in Uganda To Supply Solar Pumps Updated On Wed, Apr 19th, 2023 by Saurenergy Shakti Pumps (India) Limited, of the critical Indian stainless steel submersible solar pump manufacturers, has now announced the commencement of its operations in Uganda. The company has also opened its office in the country to coordinate its expanding business better. Indian External Affairs Minister S Jaishankar, Ramesh Patidar, Executive Director of Shakti Pumps, and other […] Read more
