ACME Gets INR 1,072 Cr Funding Boost for 250 MW Solar Project Updated On Mon, Jun 23rd, 2025 by Saurenergy ACME Solar Holdings has secured a refinancing facility of INR 1,072 crore for its 250 MW operational solar project in Aklera, Rajasthan, through its wholly owned subsidiary, ACME Aklera Power Technology Pvt Ltd. The debt facility, arranged by a consortium led by Bank of America and Standard Chartered Bank, is intended to refinance existing borrowings […] Read more
India Attracted $2.4 Bn For Clean Power Projects In 2024: IEA Updated On Fri, Jun 20th, 2025 by Saurenergy India recently saw a rise in electricity demand, driven by several factors, including increases in commercial and residential space, a surge in ownership of air conditioners and appliances, and rising demand from industry, according to the International Energy Agency (IEA) “World Investment Report” report. While growth in power generation has come from all sources, there […] Read more
Egypt, Sunrev to Build $200 Million Solar Manufacturing Hub in SCZone Updated On Thu, Jun 19th, 2025 by Saurenergy In a strategic move to boost local renewable energy manufacturing, Egypt has signed a landmark agreement with China’s Sunrev Solar to establish a fully integrated industrial complex for solar energy supplies in the Ain Sokhna industrial zone, part of the Suez Canal Economic Zone (SCZone). Major Step Toward Solar Supply Chain Localisation The USD 200 […] Read more
US Senate Bill Seeks to End Solar and Wind Tax Credits by 2028 Updated On Tue, Jun 17th, 2025 by Saurenergy In a major policy shift, a US Senate panel has proposed a full phase-out of federal tax credits for solar and wind energy by 2028, while extending similar incentives for nuclear, hydropower, and geothermal projects through 2036. While widely anticipated, the move still underscores the blind kowtowing to President Trump in the Republican party, a […] Read more
Scatec Secures $479 Million for Egypt’s Large-Scale Solar+Battery Updated On Mon, Jun 16th, 2025 by Saurenergy Norway-based renewable energy company Scatec ASA has announced the financial close for its landmark Obelisk hybrid solar and battery storage project in Nagaa Hammadi, Qena governorate, Egypt. The development marks a major milestone for the country’s clean energy transition, being the first utility-scale solar and Battery Energy Storage System (BESS) project of its kind in […] Read more
Deputy Manager – Project Execution Wind Updated On Fri, Jun 13th, 2025 by Saurenergy Roles and Responsibilities: Working with the Project Development Lead to identify and develop new Wind power projects. Identify key issues in current/future land development pipeline for Wind division and work with finance, EPC, legal, commercial etc. teams to resolve them in a timely manner. Contributing to process improvement in project development for Wind division and […] Read more
ACME’s 1st Wind Project Gets Bigger With 19.8 MW Capacity Addition Updated On Fri, Jun 13th, 2025 by Saurenergy Indian renewable energy developer ACME Solar Holdings has announced adding 19.8 MW of additional wind energy capacity in its first wind energy project in Gujarat. The Gurugram-based company had initially commissioned 26.4 MW of wind capacity in this project. With the inclusion of the newly commissioned project, the cumulative capacity of the project has reached […] Read more
Egypt: AfDB Commits $184.1 Mn For Solar & BESS Project Updated On Thu, Jun 12th, 2025 by Saurenergy African Development Bank Group’s board of directors approved a financing package of up to $184.1 million to support the development of the Obelisk 1-GW solar photovoltaic project and 200MWh battery energy storage system (BESS) in Egypt. This is expected to be Africa’s one of the largest solar power plants. Located in Qena Governorate in southern […] Read more
ACME Solar’s RE Capacity Surpasses 2.8 GW With New Projects Updated On Tue, Jun 10th, 2025 by Saurenergy ACME Solar Holdings Limited has commissioned an additional 75 MW of renewable energy capacity at its Sikar Solar Project in Rajasthan. This adds to the previously commissioned 165 MW at the site, bringing the total operational capacity at the project to 240 MW out of a planned 300 MW. With this addition, ACME Solar’s total […] Read more
