Arevon Expands US Energy Storage Portfolio with 200 MW Project Updated On Thu, Jun 26th, 2025 by Saurenergy Arevon Energy has commenced commercial operations of its Peregrine Energy Storage Project, a major utility-scale battery facility located in San Diego’s Barrio Logan neighbourhood, California. The project adds 200 MW / 400 MWh of energy storage capacity to the grid and stands as Arevon’s fifth operational battery storage asset in the state. The Peregrine project, […] Read more
Private Capital Vital for Bangladesh’s RE Energy Goals: IEEFA Updated On Wed, Jun 25th, 2025 by Saurenergy Bangladesh must attract significant private sector investment to meet its renewable energy targets, with financing needs expected to rise to nearly US$1 billion annually by 2030 and up to US$1.46 billion per year by 2040, a new report from the Institute for Energy Economics and Financial Analysis (IEEFA) has found. The government aims to generate […] Read more
OMV Petrom and Enery Join Forces for Bulgaria’s 400 MW Solar Project Updated On Wed, Jun 25th, 2025 by Saurenergy OMV Petrom, an integrated energy producer in South-Eastern Europe, has partnered with renewable energy firm Enery to co-develop the 400 MW Gabare solar photovoltaic project in Byala Slatina, near Sofia, Bulgaria. OMV Petrom will acquire 50 percent of the shares in Dunav Solar Plant EOOD, the company developing the project, along with a power purchase […] Read more
India’s Peak Power Demand May Touch 446 GW By FY35: Minister Updated On Wed, Jun 25th, 2025 by Saurenergy India is on track to face a record power demand of 270 gigawatts (GW) later this year, with peak requirements expected to soar to 446 GW by 2034–35, said Union Power Minister Manohar Lal. The projection underscores the need for urgent planning and coordination across federal and state levels to ensure a reliable and sustainable […] Read more
ACME Gets INR 1,072 Cr Funding Boost for 250 MW Solar Project Updated On Mon, Jun 23rd, 2025 by Saurenergy ACME Solar Holdings has secured a refinancing facility of INR 1,072 crore for its 250 MW operational solar project in Aklera, Rajasthan, through its wholly owned subsidiary, ACME Aklera Power Technology Pvt Ltd. The debt facility, arranged by a consortium led by Bank of America and Standard Chartered Bank, is intended to refinance existing borrowings […] Read more
India’s State Dynamics and Solar- Watch Out For Maharashtra, Gujarat Updated On Fri, Jun 20th, 2025 by Saurenergy When the talks are about solar energy, India is a leader, one of the global majors, in new energy capacity addition. Thanks to aggressive solar policies of the country that is also a major coal-dependent market, it propelled itself toward clean and renewable power. However, just like any other country, the solar adoption was different […] Read more
India Attracted $2.4 Bn For Clean Power Projects In 2024: IEA Updated On Fri, Jun 20th, 2025 by Saurenergy India recently saw a rise in electricity demand, driven by several factors, including increases in commercial and residential space, a surge in ownership of air conditioners and appliances, and rising demand from industry, according to the International Energy Agency (IEA) “World Investment Report” report. While growth in power generation has come from all sources, there […] Read more
Avaana Capital Draws First Tranche of GCF’s USD 24.5mn Updated On Wed, Jun 18th, 2025 by Saurenergy Avaana Capital has announced the first drawdown of the Green Climate Fund’s (GCF) USD 24.5 million commitment to the Avaana Sustainability Fund, marking the GCF’s first venture capital investment in India. The investment is anchored by the Small Industries Development Bank of India (SIDBI), acting as the accredited entity under the guidance of the Department […] Read more
Juniper Green Commissions Solar Project 1.5 Yrs Before SCOD Updated On Wed, Jun 18th, 2025 by Saurenergy Juniper Green Energy has announced the early commissioning of the 59 MWp/42 MW solar component of its 75 MW hybrid power project in Karanja (Ghadge), Wardha district, Maharashtra. The plant was brought online on June 6—17 months ahead of the scheduled commercial operation date. The project, known as Juniper Green Power Five, has a power […] Read more
