Hynfra Expands into Jordan with 530MW Solar-PV Green Ammonia Project Updated On Mon, Jul 3rd, 2023 by Saurenergy Hynfra, a Polish hydrogen company, has recently formed a new venture in Jordan with the aim of establishing a green ammonia plant powered by a 530MW solar PV system. The project is expected to be operational within five years. This joint venture, named Jordan Green Ammonia LLC, was created in partnership with Fidelity Group, an […] Read more
HPCL Invites Bids for Consultancy for 100 MW Solar Projects in Andhra Pradesh Updated On Fri, Jun 30th, 2023 by Saurenergy State-owned Hindustan Petroleum Corporation Limited (HPCL) has issued a tender for the selection of a project management consultant for the installation of 100 MW solar project at Galiveedu Solar Park in Andhra Pradesh. The project is for captive consumption. The EPMC consultant will be responsible for the design, engineering, procurement, supply, erection, and commissioning of […] Read more
Chinese Solar Module Prices Hit Record Lows, Developers Hope For A Lasting Opportunity Updated On Fri, Jun 30th, 2023 by Saurenergy Chinese solar module prices have reached their all-time lowest level, as the Chinese Module Marker (CMM) now stands at $0.173 per W. The CMM experienced an unprecedented decline of 11.73 per cent week-on-week over the past week, representing the largest percentage drop in its history. Most of the downtrend has been attributed to firstly, the […] Read more
Leyline Renewable Capital Funds RAI Energy’s Solar and Storage Ventures Updated On Wed, Jun 28th, 2023 by Saurenergy Leyline Renewable Capital, a provider of development loans for renewable energy projects, announced a project development loan for RAI Energy, a renewable energy developer. With the assistance of Leyline Development Capital, RAI Energy is set to advance multiple large utility-scale solar and solar-plus-storage projects within the WECC market over the next four years. Mohammed S. […] Read more
European Solar Energy Startups Witness 400% Surge in Investment: Report Updated On Wed, Jun 28th, 2023 by Saurenergy A new research report by Avent Abacus reveals that total investment in European solar energy startups is up almost 400 per cent compared to last year. Reportedly, the companies received $6 billion in funding in the first five months of 2023 alone. Key Insights Avent Abacus notes that the total investment in European solar startups […] Read more
Amara Raja Wins 100 MW Solar Project in Bangladesh Valued at $130 Mn Updated On Wed, Jun 28th, 2023 by Saurenergy An arm of Amara Raja Group, Amara Raja Infra Private Limited (ARIPL), has won a 100 MW solar power project in Bangladesh. The value of the project is pegged at $130 million. As per the contract, the firm will look into the Engineering, Design, Supply, Installation, and Commissioning of the project, which is to be […] Read more
German Solar Focused Startup 1KOMMA5° Turns Unicorn With €430M Funding Round Updated On Wed, Jun 28th, 2023 by Saurenergy 1KOMMA5° a Hamburg, Germany-based startup that has 1.5°C greenhouse emissions limit integrated in its name has become one of the fastest climate unicorns in Europe. It follows another German startup that raised significant funding recently namely Enpal which completed a round where it secured €430 million commitments.The German startup has raised €430M in a Series […] Read more
Germany Joins The Solar Manufacturing Push, Calls Bids For 10 GW Capacities Updated On Tue, Jun 27th, 2023 by Saurenergy With the EU pushing to create manufacturing capacities for clean energy technologies, Germany, an erstwhile pioneer in solar manufacturing till China swamped everyone, has joined the effort to bring back solar manufacturing to the continent. The Federal Ministry of Economics and Climate Protection (BMWK) in Germany, analogous to India’s MNRE, has launched a request for […] Read more
Statkraft Secures German Contract for Solar & Battery Storage Updated On Tue, Jun 27th, 2023 by Saurenergy Statkraft, a Norwegian renewable energy provider, has secured a contract from the Federal Network Agency, the German regulatory authority, to construct a solar power plant coupled with battery storage in Zerbst, Germany. This opportunity emerged following the authority’s announcement of tenders in May 2023. The tenders targeted a combined total capacity of 400 MW. Statkraft’s […] Read more
