ALTÉRRA Makes $100mn Debut Investment In India’s Evren Updated On Tue, Apr 29th, 2025 by Saurenergy ALTÉRRA, one of the world’s largest private climate investment vehicles, has announced its first co-investment, committing $100 million to Indian renewable energy company Evren. The investment, made through the ALTÉRRA Acceleration Fund, marks the fund’s first direct investment in the Global South. It aims to accelerate clean energy deployment in partnership with Brookfield Asset Management […] Read more
BW ESS, Ingrid Ink SEK 628 Mn Loan For 211 MW BESS Project In Sweden Updated On Mon, Apr 28th, 2025 by Saurenergy BW ESS has secured a SEK 628m green loan agreement with Nordea Bank for its 211MW/211MWh portfolio of operational battery storage assets in Sweden, owned in partnership with Ingrid Capacity. The transaction is BW ESS’ first external financing and is understood to be one of the largest battery energy storage system (BESS) financing in the […] Read more
Reliance Announces 10 GW Solar Line Commissioning Updated On Mon, Apr 28th, 2025 by Saurenergy Reliance Industries has commissioned its first line for manufacturing of solar panels and is on track to build battery storage production facilities, the firm said in an investor presentation after its Q4 results announcement. The firm had gone with HJT based technology for Module production, leaning on technology from its acquisition of REC. The line […] Read more
NHPC Approves Rs 797 Cr For 1.2 GW Uttar Pradesh’s Solar Park Project Updated On Fri, Apr 25th, 2025 by Saurenergy NHPC’s Board of Directors has approved the development of a 1,200 MW solar park in Uttar Pradesh’s Jalaun district, the company said in an exchange filing. It said the project will involve an estimated investment of Rs 796.96 crore, including interest during construction (IDC) of Rs 42.69 crore. The company will invest Rs 239.09 crore […] Read more
Tata Power Ties Up With Tata Motors For 131 MW Wind-Solar Hybrid Project Updated On Tue, Apr 22nd, 2025 by Saurenergy Tata Power Renewable Energy Ltd (TPREL), the clean energy subsidiary of Tata Power, has signed a power purchase agreement with Tata Motors to co-develop a 131 MW wind-solar hybrid project. The initiative will supply green electricity exclusively to Tata Motors’ six manufacturing plants in Maharashtra and Gujarat, the companies said Monday. Expected to generate around […] Read more
GUVNL Awards 500MW/1000MWh BESS Projects At 2.80 Lac/MW/Month Updated On Mon, Apr 21st, 2025 by Saurenergy Gujarat Urja Vikas Nigam Ltd (GUVNL) has awarded its latest 500MW/1000MWh Battery Energy Storage System (BESS) projects to Solarworld Energy Solutions Limited and HG Infra Engineering Ltd at tariffs ranging from ₹2.80 lakh to ₹2.85 lakh per MWh per month. The newly discovered tariffs are about 25% lower than the previously discovered L1 rate of […] Read more
New Senate Bill To Hurt Solar Growth In Texas Updated On Mon, Apr 21st, 2025 by Saurenergy The Texas Senate recently passed Senate Bill 819 with a 22-9 vote, a move the Solar Energy Industries Association (SEIA) says could severely restrict new clean energy projects and jeopardize the state’s ability to meet growing energy demands. The bill allegedly introduces burdensome regulations specifically targeting new solar projects—regulations not applied to other energy sources, […] Read more
European RE PPA Market Adds 19 GW New Capacity In 2024 Updated On Thu, Apr 17th, 2025 by Saurenergy The European renewable energy Power Purchase Agreement (PPA) market saw a strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to Wood Mackenzie’s latest Europe Renewables PPA Tracker report. The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. […] Read more
BrightNight, Hero Future Energies Inks PPA With NTPC For FDRE Project Updated On Wed, Apr 16th, 2025 by Saurenergy BrightNight has signed a power purchase agreement (PPA) with state-run NTPC to supply 110 MWac of firm and dispatchable renewable energy (FDRE) over 25 years. The company said, “The energy will be delivered from a 350 MWp solar-wind hybrid project integrated with a 100 MWh battery energy storage system in Rajasthan, and connected via the […] Read more
