US-Based Avangrid & Europe’s Statkraft Ink Wind Power Deal Updated On Tue, Apr 9th, 2024 by Saurenergy Avangrid, a sustainable energy company and member of the Iberdrola Group, and Statkraft, a Europe-based renewable energy firm, have announced the signing of a Virtual Power Purchase Agreement (VPPA), establishing a new relationship between the two companies in the United States. According to a media statement from Avangrid, Statkraft will receive Renewable Energy Certificates (RECs) […] Read more
Quinbrook Fund Gets $600 Million Investment For 2.65 GW US Solar + Storage Projects Updated On Mon, Apr 8th, 2024 by Saurenergy Quinbrook Infrastructure Partners, a global investment manager focused exclusively on the infrastructure needed for the energy transition has announced the successful closing of Quinbrook Valley of Fire Fund with $600 million in capital commitments from leading US and European institutional investors. The Fund is a continuation of the large-scale solar+storage strategy of Quinbrook’s Low Carbon […] Read more
Dalmia Cement To Pick 18% Stake In Wind Power Firm O2 Renewable Energy Subsidiary Updated On Mon, Apr 8th, 2024 by Saurenergy Indian cement manufacturer Dalmia Cement (Bharat) Limited (‘DCBL’) has announced it has entered into a Share Purchase Agreement (“SPA”), Deed of Accession (‘DOA’), and Power Purchase Agreement (‘PPA’) on April 5 to acquire 18.13% of the equity share capital of O2 Renewable Energy V Private Limited, consisting of 68,99,293 equity shares aggregating to Rs.7.80 crore […] Read more
As Govt Reimposes ALMM, New Challenges Emerge For Solar Industry Updated On Mon, Apr 8th, 2024 by Saurenergy Approved List of Module Manufacturers (ALMM) reimposition in India by the Ministry of New and Renewable Energy (MNRE) has led to speculations in the solar industry ranging from solar module manufacturers, and developers to other stakeholders. The ministry had earlier kept it in abysence for a few years to allow the domestic solar market to […] Read more
SJVN Invites Bids For 100 MW Solar Project Based On PPA With RUVNL Updated On Fri, Apr 5th, 2024 by Saurenergy Satjuj Jal Vidhut Nigam, (SJVN), an Indian public sector undertaking (PSU) involved in hydroelectric power generation and transmission invited bids for the design, engineering, supply, erection, testing, and commissioning of 100 MW (AC) solar power project at NAWA, DIDWANA KUCHAMAN, Rajasthan. SJVN issued the tender in response to the power purchase agreement (PPA) between SJVN […] Read more
Atlas Renewable Energy, Hydro Rein Commissions 438 MW Solar Project In Brazil Updated On Fri, Apr 5th, 2024 by Saurenergy Renewable Energy firm, Atlas Renewable Energy and Norwegian-based Hydro Rein have announced the commissioning of a 438 MW solar PV project in Brazil. The project is located in the south-eastern Brazilian state of Minas Gerais, the Boa Sorte PV, and consists of several projects that will provide power to aluminum smelter Albras, a joint venture […] Read more
Saatvik Solar Appoints Kuldeep Jain as COO For Solar EPC Projects Updated On Fri, Apr 5th, 2024 by Saurenergy Solar module maker Saatvik Solar, has appointed Kuldeep Jain as Chief Operating Officer (COO) for their Solar EPC & IPP projects. With this strategic appointment, Saatvik Solar aims to bolster its presence in solar projects globally. His extensive experience and expertise are expected to drive the company’s growth trajectory in the renewable energy sector, reinforcing […] Read more
News In Brief April 5- Alpex Solar, SolarEdge, Ford & More.. Updated On Fri, Apr 5th, 2024 by Saurenergy Alpex Solar bags govt orders worth Rs. 11.90 crore in Jharkhand under the PM-KUSUM scheme Alpex Solar says it has received orders for supply, installation and commissioning of 500 Solar Water Pumping Systems from Jharkhand Renewable Energy Development Agency. The Projects are scheduled to be completed within 120 days from the date of issue of work […] Read more
Indosol Solar Commences PV Module Production In Andhra Pradesh Updated On Fri, Apr 5th, 2024 by Saurenergy Indosol Solar Private Limited, a subsidiary of Shirdi Sai Electricals Limited (SSEL) has commenced production from its solar PV module manufacturing facility in Ramayapatnam, Nellore, Andhra Pradesh to commission the 500MW modules line at the project. According to Indosol Solar, in the commissioning stage, the facility is equipped to manufacture 500 MW of fully automated, […] Read more
