1 Terawatt and Beyond: Solar Energy’s Unstoppable Rise and What Lies Ahead Updated On Mon, Jul 10th, 2023 by Saurenergy Solar has come a long way in the last few years, from over 100,000 megawatts in 2012 to one terawatt now (1 terawatt is 1 million megawatts). So, what spurred this development? What were the factors that facilitated the achievement of this feat? We’ll be going over humanity’s journey to 1 TW of installed capacity […] Read more
State Commissions Can’t Decide On Trade Margins In ISTS Projects: APTEL Updated On Mon, Jul 10th, 2023 by Saurenergy The Appellate Tribunal For Electricity (APTEL), in its latest judgment, ruled that State Commissions do not have the jurisdiction to take a call on the trade margins for Inter-State Transmission System (ISTS) power projects. The apex tribunal passed the order while hearing a case between the Solar Energy Corporation of India (SECI) against an impugned […] Read more
KPI Green Energy Adds Order Win of 7.70 MW to Portfolio Updated On Fri, Jul 7th, 2023 by Saurenergy A provider of renewable energy solutions, KPI Green Energy Limited, has revealed that it has secured new orders with a cumulative capacity standing at 7.70 MW towards the development of a solar power plant. Of the cumulative capacity of 7.70 MW, 6.70 MW has been assigned to KPI Green Energy Limited. The remaining 1 MW […] Read more
Fourth Partner Energy Commences Power Supply of 26 MW to Foundry Group in Karnataka Updated On Fri, Jul 7th, 2023 by Saurenergy Renewable energy solutions firm, catering to Commercial & Industrial businesses, Fourth Partner Energy has commenced supply of 26 MW power to Ashok Iron Group, a foundry group that produces a range of machined iron castings. Fourth Partner Energy is helping the Group meet clean energy goals via its open access solar park with 72 MW […] Read more
ISA & African Investment Platform to Pave Way for Financing Solar Projects in Africa Updated On Thu, Jul 6th, 2023 by Saurenergy African infrastructure investment platform Africa50 and the International Solar Alliance (ISA) have entered into an agreement that will bolster and finance solar projects on the continent. The partnership has been forged with an ambition to augment solar capacity, increase energy access and facilitate energy transition. Africa50 was established by African governments and the African Development […] Read more
SJVN Issues Tender for BOS Package to Set Up 360 MW Solar Projects in Gujarat Updated On Thu, Jul 6th, 2023 by Saurenergy SJVN Green Energy Limited, a wholly-owned subsidiary of SJVN Limited, has issued a tender for the Balance of System (BoS) package including three years of comprehensive operation & maintenance of two grid-connected solar PV power projects of total capacity of 360 MW (AC) at different locations in the state of Gujarat. It has invited online […] Read more
Duke Energy To Offload Commercial Distributed Generation Biz to ArcLight In $364 million Deal Updated On Thu, Jul 6th, 2023 by Saurenergy Duke Energy has announced an agreement to sell its commercial distributed generation business to an affiliate of ArcLight Capital Partners, LLC , a leading middle market infrastructure investor, for an enterprise value of $364 million, inclusive of non-controlling tax equity interests. Duke Energy expects approximately $259 million of proceeds from this transaction, which is subject to certain […] Read more
Cleantech Solar to Develop C&I Solar PV Projects of 60 MWp Capacity in Tamil Nadu Updated On Wed, Jul 5th, 2023 by Saurenergy Cleantech Solar, which offers renewable energy solutions to corporations in India and Southeast Asia, has entered into long-term power purchase agreements (PPAs) with Commercial & Industrial (C&I) customers in Tamil Nadu. The agreements pave the way for the establishment of 60 MWp of open access solar park in Tirunelveli district in the state. Power supplied […] Read more
Angola Secures €1.29 Billion Loan for Renewable Mini-Grids and Grid Expansion Updated On Tue, Jul 4th, 2023 by Saurenergy Angola’s Ministry of Finance has secured a loan of €1.29 billion ($1.41 billion) through the assistance of Standard Chartered Bank, UK. This funding will be utilized to implement 48 solar photovoltaic (PV) and energy storage mini-grids across various rural areas across Angola. The primary objective of this initiative is to promote self-sufficiency in energy consumption […] Read more
