ACWA Power Gets $123 Million Loan For 200MW Egyptian Solar Project Updated On Tue, Apr 25th, 2023 by Saurenergy Saudi Arabia’s renewables developer ACWA Power has secured a financial package of $123 million to develop 200MW Kom Ombo utility-scale solar power plant in Egypt. Financing institutions for the solar project of ACWA Power include EBRD, OPEC Fund OPEC Fund, African Development Bank (AfDB), Sustainable Energy Fund for Africa (SEFA), GCF, APICORP and Arab Bank. […] Read more
Oriana Power Commissions 1MW Floating Solar Power Project In Rajasthan Updated On Fri, Apr 21st, 2023 by Saurenergy Oriana Power, a Noida-based solar energy company, has now announced the commissioning of its 1 Megawatt (MW) floating solar power project in the Udaipur district of Rajasthan. The renewable energy company planned this project in a water body on the premises of Dabok Mines in the district. The company said that it commissioned the project […] Read more
Shakti Pumps Starts Operations in Uganda To Supply Solar Pumps Updated On Wed, Apr 19th, 2023 by Saurenergy Shakti Pumps (India) Limited, of the critical Indian stainless steel submersible solar pump manufacturers, has now announced the commencement of its operations in Uganda. The company has also opened its office in the country to coordinate its expanding business better. Indian External Affairs Minister S Jaishankar, Ramesh Patidar, Executive Director of Shakti Pumps, and other […] Read more
Britain Set for First People-Powered Solar Park Updated On Tue, Apr 18th, 2023 by Saurenergy Ripple Energy, a UK-based firm which builds renewable parks, has shared that the Derril Water Solar Park in Devon is set to become Britain’s first shared solar park. Renewable energy firm RES will be responsible for developing the project, for which it has signed an agreement to sell its Derril Water Solar Park to a […] Read more
Godrej & Boyce Bags Tender for Durgapur Solar Project of 20 MW Updated On Mon, Apr 17th, 2023 by Saurenergy Durgapur Projects Ltd had floated an e-tender cum reverse auction for design and engineering, manufacture, procurement, supply, erection, testing and commissioning of total 20 MW (ph i 8 MW, ph ii 7 MW and ph iii 5 MW) grid connected ground mounted solar photovoltaic power plants at Durgapur. The 20 MW project has been bagged […] Read more
Asian Infrastructure Investment Bank Funds Masdar Solar Projects in Uzbekistan Updated On Mon, Apr 10th, 2023 by Saurenergy The Asian Infrastructure Investment Bank (AIIB) has signed three new project finance loan agreements in the aggregate amount of $83.6 million as part of a $396.4 million debt financing to Masdar for the construction of three greenfield solar PV power plants in Samarkand, Djizzakh and Surkhandarya regions of Uzbekistan. Masdar has said that the Asian […] Read more
EDP Renewables Order 1.8 GW of First Solar Modules Updated On Thu, Mar 30th, 2023 by Saurenergy First Solar and EDP Renewables (EDPR) have announced a multi-year order for 1.8 GWdc of First Solar’s advanced thin film PV solar modules. The modules will be delivered up to 2028 and will power US projects developed by EDP Renewables North America. EDP Renewables currently operates 475 MW of solar projects in USA, has 1.6 […] Read more
Sunpure Robots to Clean Sprng Energy Solar Projects in India Updated On Thu, Mar 30th, 2023 by Saurenergy Technological manifestation is on the rise in the renewable energy sector which propels the green energy scenario in India. In a key development, Sunpure Technology Co. Ltd. has announced that it has signed agreements with renewable energy developer Sprng Energy, under which, Sunpure will supply its robotic cleaning systems that do not require water in […] Read more
Solar PLI Tranche 2 Allocations Released, 48 GW Of Domestic Manufacturing Capacity By 2025-26 Updated On Tue, Mar 28th, 2023 by Saurenergy The government of India has allocated 39600 MW of domestic Solar PV module manufacturing capacity under PLI (Tranche-II), or the Solar PLI scheme to incentivise domestic manufacturing. The PLI or Performance Linked Incentive scheme offers financial incentives to manufacturers for meeting specific milestones in sales, linked indirectly to capacity creation. The PLI (Tranche-II) is expected […] Read more
