Avaada Energy Secures Rs 4,471 Cr Refinancing For Rajasthan Solar Projects Updated On Fri, Apr 19th, 2024 by Saurenergy Avaada Energy, the renewable energy arm of Avaada Group, has announced the successful closure of one of the largest refinancing transactions in India’s renewable energy sector, securing about Rs 4,471 crore from the state-owned lender, the National Bank for Financing Infrastructure and Development (NaBFID). This refinancing transaction, conducted under a Restricted Group (RG) structure, encompasses […] Read more
Stellantis To Invest $100mn in Argentina’s Solar Energy Sector Updated On Thu, Apr 18th, 2024 by Saurenergy Stellantis, the automotive giant behind brands like Citroen, Fiat, and Peugeot, is taking a significant step towards sustainability by investing $100 million in Argentina’s solar energy sector. The company announced its acquisition of 49.5% of 360 Energy Solar, a prominent player in the country’s solar power market. This move is part of Stellantis’ strategy to […] Read more
Recurrent Energy Secures $70 Million Financing For 152 MW Brazil Solar Project Updated On Thu, Apr 18th, 2024 by Saurenergy Solar and energy storage assets firm Recurrent Energy has announced that it has secured $70 million of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil. The 152 MW Jaiba III project will be financed over 22 years spanning both construction and operation phases. Linked […] Read more
Avaada Energy Wins 250 MW Solar-Wind Hybrid Project From NTPC Updated On Thu, Apr 18th, 2024 by Saurenergy Indian renewable energy company Avaada Energy recently announced winning a 250 MW solar-wind hybrid power project in a tender issued by the National Thermal Power Corporation (NTPC). Earlier, NTPC had issued a tender for the selection of hybrid power generators to supply 1000 MW of power through ISTS-connected wind-solar hybrid projects. Avaada Energy secured a 50 […] Read more
Elin Energy Begins Solar Manufacturing Facility In US Updated On Tue, Apr 16th, 2024 by Saurenergy Elin Energy, the European PV panel maker, has announced the commissioning of its first manufacturing facility in the United States. Elin is currently leasing the site in Twinwood Business Park from Welcome Group, a Houston-based leader in single-tenant real estate development and property management. Production began on March 5. The facility will produce only modules. […] Read more
Atlas Renewable Energy, Hydro Rein Commissions 438 MW Solar Project In Brazil Updated On Fri, Apr 5th, 2024 by Saurenergy Renewable Energy firm, Atlas Renewable Energy and Norwegian-based Hydro Rein have announced the commissioning of a 438 MW solar PV project in Brazil. The project is located in the south-eastern Brazilian state of Minas Gerais, the Boa Sorte PV, and consists of several projects that will provide power to aluminum smelter Albras, a joint venture […] Read more
Leroy Merlin To Draw Power From Better Energy Poland Solar Park By 2025 Updated On Tue, Apr 2nd, 2024 by Saurenergy Construction and decoration firm Leroy Merlin Poland has signed a PPA with Better Energy to draw power from latter’s Chelmno solar park which is currently under construction. The Power Purchase Agreement (PPA) is expected to commence in 2025. According to Better Energy, the 10-year PPA will allow Leroy Merlin Poland to secure the long-term supply […] Read more
Waaree Energies Secures 220MW Solar PV Module Order from Sprng Energy Updated On Mon, Apr 1st, 2024 by Saurenergy Waaree Energies Limited announced signing a contract with Sprng Energy Private Limited, a Shell group company, to supply 220MW of solar PV modules. The association entails Waaree Energies Limited supplying 220MW of AHNAY Series, Bi-55 545Wp modules, to be utilized for Sprng’s project in Gujarat. Sprng Energy Private Limited, is a renewable energy platform in […] Read more
Roofsol Energy Receives 10.5 MWp Solar Project From Shree Cement Updated On Mon, Apr 1st, 2024 by Saurenergy Mumbai-based EPC company Roofsol Energy Pvt Ltd has been awarded a solar project by Shree Cement Limited of 10.5 MWp capacity. The ground-mounted “Behind the Meter” project is to be implemented in Uttarakhand and Jharkhand. The company mentioned about its project stating, “Shree Cement owns and operates cement grinding units in 9 locations across India […] Read more
