Access to finance remains a significant challenge for many energy storage projects: V G Anil, ARENQ Updated On Wed, Mar 22nd, 2023 by Saurenergy Pune-based ARENQ, a manufacturer and distributor of storage batteries for all industries, is a subsidiary of Sunlit Power. The CEO of ARENQ, V G Anil, speaks to Saur Energy about the battery storage industry in India and the ambitions of the firm. What are some alternatives to li-ion batteries that the industry can […] Read more
NTPC REL & Indian Army Join Forces for Green Hydrogen Projects Updated On Tue, Mar 21st, 2023 by Saurenergy A fully-owned subsidiary of the NTPC Limited, NTPC Renewable Energy Ltd has signed an MoU with the Indian Army for the establishment of Green Hydrogen projects in its establishments. These will be on Build, Own and Operate (BOO) model. The aim of the partnership is to reduce complex logistics, dependence on fossil fuels and to […] Read more
RVNL to Form JV with Jakson Green for EPC Projects Updated On Tue, Mar 21st, 2023 by Saurenergy MiniRatna CPSE under the Ministry of Railways, Rail Vikas Nigam Limited (RVNL) will soon be forming a joint venture with Jakson Green, a diversified energy firm that deals with distributed energy, solar energy, EPC, hydrogen, hybrid and Battery Energy Storage Solutions (BESS). Jakson Green is the new energy transition platform supported by the infrastructure and […] Read more
Infinity Power Adds 1 GW to Portfolio with Acquisition of African Wind Projects Updated On Mon, Mar 20th, 2023 by Saurenergy A joint venture between Egypt’s Infinity and UAE’s Masdar, Infinity Power has shared that it has acquired the complete shareholding of Lekela Power. With this acquisition, the firm has added 1 GW of African wind projects to its portfolio. The acquisition also makes Infinity Power the largest renewable energy firm in Africa. Lekela Power’s assets […] Read more
Amarenco Acquires 204 MW Spanish Solar Project from Hanwha Energy Updated On Thu, Mar 16th, 2023 by Saurenergy South Korean energy giant Hanwha Energy has announced that it has sold a 204 MW solar power project that was being developed in Spain to Amarenco. Hanwha has not disclosed the financial details of the deal. Amarenco is an Ireland-based independent power producer (PPA). The solar energy project that is sold by Hanwha Energy was […] Read more
Europe’s Solar Energy Surge: A Promising Solution Or Just A Palliative? Updated On Thu, Mar 16th, 2023 by Saurenergy Europe is in the middle of its biggest ever solar build out currently, as it seeks to build more solar capacity for every reason from more energy security to clean energy. But can solar deliver for Europe? Is it the panacea to energy security in the long term? Or is it doomed to over promise […] Read more
Navisun Secures $235 Million to Fuel Solar Projects’ Growth Updated On Tue, Mar 14th, 2023 by Saurenergy Manhattan-based solar energy player Navisun LLC has announced that it has secured up to $235 million in debt financing through two facilities. Navisun is a solar independent power producer that co-develops, acquires, owns, and operates distributed and small utility-scale solar and storage projects. Navisun said that the financing will support its growth strategy, allowing it […] Read more
Tata Power Renewable Energy Joins Hands with Tata Power DDL for 510 MW Hybrid Project Updated On Fri, Mar 10th, 2023 by Saurenergy A subsidiary of Tata Power and a major renewable energy player in the country, Tata Power Renewable Energy Limited (TPREL) has entered into a Power Purchase Agreement (PPA) with Tata Power Delhi Distribution Limited (Tata Power-DDL). The PPA is for a 510 MW hybrid project. Tata Power-DDL, a joint venture between Tata Power and Govt. […] Read more
Google Signs Agreement with Sol Systems for Solar Energy at its Campuses Updated On Fri, Mar 10th, 2023 by Saurenergy American multinational technology firm Google has signed a pact with US solar energy firm Sol Systems to help power up its campuses in North and South Carolina with solar energy. The statement called the pact a “unique renewable energy procurement and investment strategy” facilitating the development of new solar energy projects that also help provide […] Read more
