Sineng Electric Supplies ESS For North Africa’s First Utility-Scale Project Updated On Wed, Jan 22nd, 2025 by Saurenergy Sineng Electric, a global solar and energy storage solutions provider, joined forces with Trinasolar to supply its central PCS energy storage solution to the 300MWh Abydos Battery Energy Storage Project. The project is located in Kom Ombo, Aswan Governorate. It’s the first utility-scale energy storage project in Egypt, defining a new era for clean energy […] Read more
China Adds 277 GW Of New Solar Capacities In CY24 Updated On Wed, Jan 22nd, 2025 by Saurenergy Notwithstanding the global trade challenges of the Chinese solar industry, the country has now created new records in its green energy landscape. As per the latest data furnished by the National Energy Administration (NEA), China’s solar energy capacity has touched 886.67 GW. China’s solar capacity This is far ahead of other nearby countries in Asia […] Read more
Avaada Closes Financing For 9 of Its Diverse RE Projects In Q3FY25 Updated On Wed, Jan 22nd, 2025 by Saurenergy Avaada Group, a company operating in India’s renewable energy landscape, has successfully completed financing/refinancing of nine of its projects across the business divisions totaling for an amount of INR 8500 Crs (~USD 1 Bn). The transactions include a mix of Utility scale IPP projects, large-scale Agri Photovoltaic projects, Merchant power generation projects, C&I projects and […] Read more
Pralhad Joshi Reviews Solar Incentives Disbursed To Discoms Updated On Wed, Jan 22nd, 2025 by Saurenergy Union Minister of New and Renewable Energy Pralhad Joshi during a review meeting reviewed the disbursed amount of incentives released by the discoms for promoting rooftop solar. He highlighted the latest progress made by Rajasthan, Haryana, Punjab, Uttarakhand, and Uttar Pradesh Discom. The meeting reviewed the incentives released to Discoms for the financial years FY […] Read more
CleanMax Announces Financing For Onsite Solar Projects in UAE Updated On Wed, Jan 22nd, 2025 by Saurenergy Renewable energy company CleanMax today announced that it will obtain AED 99 Million (USD 27 Million) long-term credit facility from HSBC to develop and finance its onsite solar portfolio in the UAE. Cleanmax is a renewable energy provider for the Commercial and Industrial (C&I) sector and a Brookfield-backed company. The facility will cover 92 onsite […] Read more
Solis launches First Hybrid Inverter In India Updated On Wed, Jan 22nd, 2025 by Saurenergy Leading global inverter brand and the No.1 rooftop inverter brand in India, Solis has announced the launch of its groundbreaking Hybrid Inverter series, the Solarator Series. With the launch, Solis completes the missing link in its India portfolio, where a hybrid offering was the only missing element so far. The name Solarator is a blend […] Read more
India To Add 25 GW Of Solar Capacity By FY25 End: Ind-Ra Updated On Wed, Jan 22nd, 2025 by Saurenergy India Ratings and Research (Ind-Ra), a research organization in its latest report maintains a stable rating outlook for energy infrastructure projects for FY26. Four major factors drive this outlook: India’s economic growth, a sustained energy transition with renewables gaining a higher share in installed capacity and generation, a strong pipeline of capacity additions (both renewable […] Read more
Maharashtra: Blue Energy To Set up 30,000 E-Truck Manufacturing Plant Updated On Wed, Jan 22nd, 2025 by Saurenergy Blue Energy Motors has signed a Memorandum of Understanding (MoU) with the Maharashtra government at the World Economic Forum in Davos. The MoU paves the way for Blue Energy Motors Ltd.’s proposed investment in the state, with plans to manufacture 30,000 electric trucks to foster industrial growth and significantly enhance the region’s EV truck manufacturing […] Read more
Gujarat Govt. Provides Funding For Solar Plants At 60 Sites, 32 Municipalities Updated On Wed, Jan 22nd, 2025 by Saurenergy The Gujarat Chief Minister’s Office (CMO) backs municipalities to establish solar power plants to produce green-clean energy in the state. CM Bhupendra Patel announced, that he has adopted an eco-friendly approach to further strengthen Gujarat’s leadership in the renewable energy sector. He intends to extend it to local self-government institutions through these projects. Patel has […] Read more