UPPCIL Invite Bids For 2 GW ISTS & Infra-State Solar Projects Updated On Wed, Feb 14th, 2024 by Saurenergy Uttar Pradesh Power Corporation Limited (UPPCIL) has invited bids for procurement of solar power on a long-term basis through a tariff-based competitive bidding process (TBCB). The tender by UPPCIL in this regard read, “On behalf of the distribution licensee of Uttar Pradesh (UP) invited proposal for the procurement of 2 GW solar power from inter-state (IST) and infra state connected […] Read more
Germany’s RWE To Build 1GW Solar Farm in Greece, Battery Storage Project in Netherlands Updated On Fri, Feb 9th, 2024 by Saurenergy Germany based renewable energy company RWE and Greek public firm PPC have announced their final investment decision for the construction of an additional photovoltaic project in the country. The plant will be built through their joint venture company Meton Energy. This solar farm is the last project of the 940 MWp (870 MWac) Amynteo portfolio, […] Read more
MG Motors, BatX Partner For Off-grid Solar-EV Charging Stations Updated On Thu, Feb 8th, 2024 by Saurenergy MG Motor India has announced its collaboration with Lithium-ion battery recycling firm BatX Energies for India’s first-ever off-grid, solar-EV charging station powered by repurposed MG EV batteries, marking a significant advancement in sustainable mobility. The product was inaugurated by Professor Ajay Sood, Principal Scientific Advisor to the Union government, in an event organized on the […] Read more
Trina Storage To Deliver 190MWh Storage To UK Solar Sites Updated On Thu, Feb 8th, 2024 by Saurenergy Trina Storage, a business unit of Trina Solar, has secured a deal to provide battery energy storage systems (BESS) for four UK solar power project sites operated by global Independent Power Producer Low Carbon. Trina Solar said that the systems will deliver approximately 190 MWh of total storage capacity. This would bring new arbitrage and […] Read more
North America Witnesses Rise in 2023 Solar PPA Prices, Europe Registers Downfall: Report Updated On Thu, Feb 8th, 2024 by Saurenergy LevelTen, an analyst in the energy market sector, has noted that prices of Power Purchase Agreements (PPAs) in North America have risen over the course of time while that in Europe has decreased with time. The analyst, LevelTen also added in its report that the increase in price across North America has varied as per […] Read more
IFC, SIMA Invest $150 mn In Green Bonds For Solar Projects In Africa Updated On Thu, Feb 8th, 2024 by Saurenergy International Financial Corporation (IFC), a member of the World Bank Group (WBG), in partnership with Social Investment Managers and Advisors LLC (SIMA Funds or SIMA) and other financiers, has reached the first close of a $150 million solar green bond, which expected to finance productive-use solar projects throughout Africa. The bond is expected to finance […] Read more
Solar Finance Startup Metafin Gets $5 Million Funding Updated On Thu, Feb 8th, 2024 by Saurenergy Metafin, a leading cleantech-focused NBFC, has successfully raised $5 million in equity funding, led by Prime Venture Partners and Varanium Capital. This investment backs Metafin’s approach to accelerating rooftop solar adoption and financing in rural India. Metafin plans to utilize funds to expand across states, grow its loan book, enhance its technology and IoT stack, […] Read more
The Pushback Against China’s Dominance In Solar Manufacturing Updated On Thu, Feb 8th, 2024 by Saurenergy Close on the heels of the European Solar Manufacturing Council (ESMC) virtually putting up its hands on the future of solar manufacturers in the continent comes news of US senators urging the Biden Administration to take action against ‘cheap” Chinese imports as well. The same Chinese imports have actually made solar more accessible and viable […] Read more
UNPEDA Issues Three Tenders For 7-MW Rooftop Solar Installations Updated On Wed, Feb 7th, 2024 by Saurenergy The Uttar Pradesh New And Renewable Energy Development Agency (UPNEDA) has released three tenders for the installation of 7 MW of grid-connected net-metered rooftop solar projects accompanied by battery backup. As far as the first tender is concerned, qualified bidders are invited to participate in the procurement process for the installation of grid-connected net-metered rooftop solar projects […] Read more
