‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees Updated On Mon, Mar 16th, 2020 by Saurenergy The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […] Read more
Radite Energy’s Pawan Pandey Starts Fresh Entrepreneurial Journey Updated On Fri, Mar 13th, 2020 by Saurenergy Pawan Pandey, one of the three co-founders at Radite Energy, an EPC player that has worked with established developers like Azure Power and others, has decided to start afresh with his own startup in the space. The firm was started in 2015 by Pawan and his co-founders. Pandey, who played an instrumental role in the […] Read more
Osaka Gas Enters Footprint in US’ RE Space; Invests in SolAmerica Updated On Fri, Mar 13th, 2020 by Saurenergy Osaka Gas USA (OGUSA), an arm of Osaka Gas Co., has agreed to invest in SolAmerica Energy, US-based distributed solar energy project developer and EPC provider. This joint venture will mark the company’s first investment in the US renewable energy sector. It will also further expand it’s power portfolio in North America. The investment will further be used […] Read more
Off-Grid Energy key to Power Growth in Emerging Markets: WoodMac Updated On Thu, Mar 12th, 2020 by Saurenergy A new analysis from Wood Mackenzie has predicted that the next decade presents a huge opportunity for the off-grid energy access sector. An estimated 420 million people now use standalone off-grid solar and another 47 million people rely on mini-grids for access to electricity. While investments in energy access have rapidly accelerated since 2016, total […] Read more
Ignitis Borrows EUR 60 Mn From EIB for its First Wind Farm Updated On Thu, Mar 12th, 2020 by Saurenergy EIB has signed a loan agreement with Pomerania Wind Farm, a subsidiary of Ignitis Renewables for the construction and operation of a 94 MW wind farm More wind farms will see the light near the Baltic coast in Poland. The European Investment Bank (EIB) has signed a loan agreement with Pomerania Wind Farm, a subsidiary […] Read more
Huawei’s 10 Smart PV Trends for 2025 Updated On Mon, Mar 9th, 2020 by Saurenergy With Solar Energy coming into its own in the past 5 years, talk is already about the massive impact it can have on the energy grid. Smart PV’s (Photovoltaics) is a must, with higher share of solar energy, without disrupting grid stability. Hence, the new term, Smart PV’s. Huawei, a global leader in the inverters […] Read more
Azelio Installs Its Renewable Energy Storage Soln in Morocco Updated On Sat, Mar 7th, 2020 by Saurenergy Swedish company Azelio said that it has completed the installation of its renewable energy storage with 24h clean power production in Morocco. Further, the installation is a partial result of the joint technical and business development agreement between Azelio, a specialist in thermal energy storage, and the Moroccan Agency for Sustainable Energy (Masen). The solution […] Read more
Adani Green Arm Commissions 50 MW Wind Project Updated On Sat, Mar 7th, 2020 by Saurenergy Ahmedabad headquartered Adani Green Energy Ltd (AGEL) said that it has commissioned another 50 MW wind energy project through its wholly-owned subsidiary Adani Green Energy (MP) Ltd on March 05, 2020. The project has been commissioned under the 25 year Power Purchase Agreement (PPA) with state-owned Solar Energy Corporation of India (SECI) at a tariff […] Read more
Blink Charging Deploys EV Chargers having Local Load Management Capability Updated On Thu, Mar 5th, 2020 by Saurenergy Nasdaq-listed Blink Charging, a leading owner and operator of electric vehicle (EV) charging stations, has deployed first of its kind four EV chargers having local load management capability. The company further claimed that this installation can allow up to twenty EV chargers to be deployed on a single circuit. Significantly, it can result in lower […] Read more
