Rajesh Exports Signs Agreement With Centre & Karnataka For 5GWh Lithium Cells Factory Updated On Wed, Jan 25th, 2023 by Saurenergy Rajesh Exports Limited (REL) has announced that it has signed a tripartite agreement with the Central Government and Karnataka state government under which it will set up a 5 GWh gigafactory to manufacture lithium ion cells for battery production. The company said that it was selected by the Central Government as one among the successful […] Read more
2023’s Promise for Solar. Will India Rise To The Challenge? Updated On Mon, Jan 23rd, 2023 by Saurenergy Early into 2023, the ground is set for a momentous shift for solar. But first, the numbers. In the Jan-Dec period, figures from India’s Central Electricity Authority show that the country added 13956 MW of solar capacity, of which just over 11 GW was utility scale solar. This is by far the best ever performance […] Read more
IREDA & MNRE Peg Annual Performance Target for 2022-23 at 18% Higher Than Previous Year Updated On Fri, Jan 20th, 2023 by Saurenergy Indian Renewable Energy Development Agency Ltd (IREDA) has entered into an agreement with the Ministry of New and Renewable Energy (MNRE), towards the purpose of setting annual performance target for the year 2022-23. The goal has been pegged by the Government of India at Rs 3,361 crores for Revenue from Operation. This is an increase […] Read more
AREMI, Renewable Manufacturing Initiative for Africa Launched Updated On Fri, Jan 20th, 2023 by Saurenergy Sustainable Energy for All (SEforALL), the African Climate Foundation, Bloomberg Philanthropies, ClimateWorks Foundation, and the Chinese Renewable Energy Industries Association (CREIA) have together launched the Africa Renewable Energy Manufacturing Initiative (AREMI) at Abu Dhabi Sustainability Week, UAE, with an objective step up investment and action for renewable energy development in African countries to scale up […] Read more
“GoodWe’s long-standing perseverance in the pursuit of quality has paid back well in India”, Says James Hou, GoodWe Updated On Fri, Jan 20th, 2023 by Saurenergy Goodwe India has been making rapid progress in the Indian market, hitting the 1.5 GW inverter capacity milestone during the year. The big number is not just an indicator of its product acceptance, but a base for the firm to build on its learnings and service capabilities for the Indian market. The firm, with a […] Read more
Adani Firm to Acquire 50% Equity in Rajasthan’s Essel Saurya Urja Updated On Thu, Jan 19th, 2023 by Saurenergy Adani Renewable Energy Holding Two Ltd has announced that the company will acquire 50 per cent equity in Rajasthan based renewable energy company Essel Saurya Urja Company of Rajasthan Ltd (ESUCRL). The deal has been announced to be for Rs 15 crore from Essel Infraprojects a firm belonging to the troubles Essel Group whose promoters […] Read more
Solar Tech Startup Loom Solar Raises $2 Mn Funding from SIMA Funds, USA Updated On Wed, Jan 18th, 2023 by Saurenergy Emerging start-up in solar tech Loom Solar has raised $2 Million funding from US-based Social Investment Managers and Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others. The start-up that looks into the manufacturing of bi-facial solar panels and lithium battery, is headquartered in […] Read more
Rays Power Infra Commissions its Largest Solar Project in Bangladesh at 275 MW Updated On Tue, Jan 17th, 2023 by Saurenergy Solar EPC firm Rays Power Infra has announced the commissioning of a 275 MW(DC) grid-connected solar power plant in Sundarganj, Gaibandha, Bangladesh. Spread over 600 acres of land, the project will offset over 375 billion tonnes of CO2 emissions, equivalent to 2.5 Lacs fuel engine cars, powering 5 lakh households in Bangladesh. The project comprises […] Read more
Greek Developer Mytilineos Secures Funding for 230 MW Solar Projects in Australia Updated On Tue, Jan 17th, 2023 by Saurenergy Greek industrial and energy giant Mytilineos has secured financing of A$234 million for another three solar farms. Mytilineos informed that two solar projects are in Queensland and one in New South Wales. This also marks the final closing of the second of projects pipeline that belong to Mytilineos in Australia. Mytilineos said that the finance […] Read more
