Austria’s Verbund bags renewable portfolio in Spain Updated On Tue, May 10th, 2022 by Saurenergy Austrian hydropower utility Verbund said on Monday it had acquired a portfolio of renewable energy assets in Spain from local private equity fund Q-Energy for an undisclosed sum. The assets include operating photovoltaic power plants with a combined capacity of 82 megawatts (MW) and projects planned to have an eventual capacity of up to 4,000 […] Read more
Inox Green Energy board approves proposal to raise Rs 900 cr via IPO Updated On Tue, May 10th, 2022 by Saurenergy Inox wind arm Inox Green Energy Services’ board on Monday approved a proposal to raise Rs 900 crore through an initial public offer (IPO). The proposed IPO will comprise fresh issuance of equity shares aggregating up to Rs 500 crore and an offer for sale (OFS) of equity shares by certain shareholders to the tune […] Read more
OMC Power, IREDA to build rural renewable energy ecosystem Updated On Tue, May 10th, 2022 by Saurenergy OMC Power recently announced a long-term relationship agreement with the Indian Renewable Energy Dev Agency Ltd. (IREDA) that will work towards building a rural renewable energy ecosystem. In a welcome move by the IREDA, OMC will be getting economic support for setting up Renewable energy plants to provide sustainable energy in the villages of Uttar […] Read more
California revisits proposal on reforming rooftop solar policy Updated On Tue, May 10th, 2022 by Saurenergy California is asking solar companies, utilities and others to weigh in yet again in a long-standing process to reform the state’s key rooftop solar power incentive, the state’s public utilities regulator said in a document filed on Monday. The California Public Utilities Commission is seeking additional input into a proposal issued last year that was […] Read more
Bids For 1250 MW Solar Plants Under PMKUSUM-C Invited in Madhya Pradesh Updated On Tue, May 10th, 2022 by Saurenergy Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has invited bids for the selection of Renewable Power Generators (RPGs) through tender process for setting up 1250 MW grid-connected Solar PV-based Power Plants (SPP) connected to selected 33/ 11 kV substation in Madhya Pradesh. MPUVNL will sell the solar power so procured to Madhya Pradesh Power Management Company Limited (MPPMCL) […] Read more
Fast Company Recognizes Accela and NREL’s SolarAPP+ as a ‘World Changing Idea’ Updated On Tue, May 10th, 2022 by Saurenergy Cloud solutions provider Accela has announced that the online solar permitting platform launched in partnership with the U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) SolarAPP+ was selected by Fast Company for its World Changing Ideas Award 2022. SolarAPP+ implies ‘Solar Automated Permit Processing Plus.’ The Fast Company World Changing Idea Awards honors […] Read more
Chinese UPS and Inverter Major KSTAR Opens Vietnam Plant Updated On Tue, May 10th, 2022 by Saurenergy KSTAR, the global power conversion firm, has announced that its first Vietnam manufacturing factory, called KSTAR Vietnam Project Phase I has officially topped out. Occupying an area of 47,715 square meters, KSTAR’s new Manufacturing-Base is located in Haiphong City, the biggest port city in Northern Vietnam. It’s being built to meet the surging demand of its export orders and […] Read more
AIIB gives $200 million loan to Bangladesh to develop renewable energy Updated On Tue, May 10th, 2022 by Saurenergy Bangladesh has got a long term credit facility of $200 million from the Asian Infrastructure Investment Bank (AIIB) to develop a range of infrastructure projects top of which stands renewable energy expansion in the country. The renewable energy and electricity infrastructure improvement is to ensure optimal power supplies throughout Bangladesh. The official statement from the […] Read more
Now, A Hydrogen Valley In South Africa Pipeline Updated On Tue, May 10th, 2022 by Saurenergy South Africa’s Department of Science and Innovation (DSI) and the South African National Development Institute are creating a Hydrogen Valley in partnership with Anglo American, Bambili Energy and ENGIE. A press statement released by mining major Anglo-American reads, “The proposed hydrogen valley will stretch approximately 835 kilometres from the platinum group metals-rich Bushveld geological […] Read more
