Cleantech Forays Into Open Access Of Wind Power, Signs Pact For 25MW Wind Projects Updated On Wed, Apr 26th, 2023 by Saurenergy Cleantech Solar, a renewable energy company, has now marked its entry into the open-access segment of wind energy with its latest proposed wind energy projects. The firm, in its latest development, has signed an agreement with international industrial customers in Maharashtra and Tamil Nadu for its upcoming 25MW wind power projects in these states. As […] Read more
India Witnesses Its First Solar Car Rally, RE-Powered Cars Cover 100 Kms In Single Charge Updated On Wed, Apr 26th, 2023 by Saurenergy In a show of innovation, the Imperial Society of Innovative Engineers (ISIE India) recently organised India’s first solar car rally at Galgotia University in Greater Noida, where different models of solar cars participated, witnessing participation from across the country. The organisers said that the solar-powered cars covered more than 100 kilometers with a single charge. […] Read more
CWP Europe Collaborates With PowerChina Resource For 300 MW Serbian Wind Project Updated On Wed, Apr 26th, 2023 by Saurenergy Renewable energy developer of Southeast Europe, CWP Europe has collaborated with PowerChina Resources for the construction of the largest wind farm in Serbia that will have a capacity of 300 MW. CWP Europe held that the investment agreement was signed in Belgrade on by Executive Vice President of PowerChina Resources He Shiyou and CEO of […] Read more
ACWA Power Gets $123 Million Loan For 200MW Egyptian Solar Project Updated On Tue, Apr 25th, 2023 by Saurenergy Saudi Arabia’s renewables developer ACWA Power has secured a financial package of $123 million to develop 200MW Kom Ombo utility-scale solar power plant in Egypt. Financing institutions for the solar project of ACWA Power include EBRD, OPEC Fund OPEC Fund, African Development Bank (AfDB), Sustainable Energy Fund for Africa (SEFA), GCF, APICORP and Arab Bank. […] Read more
The Top 5: Risks to Renewable Energy from Climate Change Updated On Tue, Apr 25th, 2023 by Saurenergy Climate change has already started posing real-world challenges. It is not just affecting adversely the developmental plans but is also disrupting the livelihoods of a considerable section of the human population in the regions prone to climate change disasters such as floods, droughts, sea level rise, etc. Renewable energy (RE) has given a push developmental […] Read more
HERC Approves Green Energy Open Access Rules, Ensures Not Levying Reliability Charges Updated On Tue, Apr 25th, 2023 by Saurenergy The Haryana Electricity Regulatory Commission (HERC), in its latest order, approved changes to the draft Green Energy Open Access Rules. This comes after hearing pleas from the electricity generators, power distribution companies, and other stakeholders. The Ministry of Power, earlier on June 6, 2022, came up with its Electricity (Promoting Renewable Energy Through Green Energy […] Read more
ACWA Power Gets $174 Million Loan From ADB For Uzbekistan Wind Projects Updated On Tue, Apr 25th, 2023 by Saurenergy Saudi Arabia’s ace renewable energy developer ACWA Power has received $174 million worth of loans from the Asian Development Bank (ADB) to develop the Bash wind power and Dzhankeldy wind power plants – both located in the Bukhara region in Uzbekistan. As per ABD, the ACWA Power financing comprises loans amounting to $40.5 million for […] Read more
OCI Solar Power Sells 110 MW Texas Solar Project to Mitsui Updated On Tue, Apr 25th, 2023 by Saurenergy Just as Joe Biden administration is pushing up the renewables in the USA through legislative and administrative exercise, Texas based utility-scale developer OCI Solar Power has announced that it has sold a 110 MW construction-ready, solar photovoltaic project to Mitsui & Co., Ltd. The solar power project is located in Hill County, Texas named ‘Three […] Read more
SECI Records 59% Rise in RE Power Trading, Revenue Crosses Rs 10,000 Cr For The First Time Updated On Mon, Apr 24th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) Monday said it recorded a 59 percent jump in the renewable energy power trading volume in Financial Year 2022-23. The arm of the Ministry of New and Renewable Energy (MNRE), in a media release, said that it traded over 35 Billion Units (BU) during the period. It also reported […] Read more