SUBSCRIBE NEWS LETTER

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SaurEnergy Explains- AC & DC Capacity of Solar Projects

As Solar PV penetration hits new highs each year, the numbers are just adding up. 2023 saw at least 29 countries installing more than 1 GW, up from 25 countries in 2022. Nineteen countries (not including the EU) now have more than 10 GW of total cumulative capacity and five have more than 40 GW. […]

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Environment Tech Funding- Solar Struggles As Energy Storage & Mobility Dominates

Tracxn, a leading platform for tracking startups and private companies has released a detailed report on Environment Tech funding.  the report has some interesting insights in the Indian context. Providing data backed analysis, the report points out that the Indian Environment tech sector has raised total funding of $7.3 billion till date. India’s environmental technology […]

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JinkoSolar Enters BNEF Energy Storage Tier 1 List

Continuing the trend of leading solar equipment manufacturers making a mark into energy storage as well,  leading globak module maker JinkoSolar makes an entry into Bloomberg NEF’s  “BNEF Energy Storage Tier 1 List 2Q 2024”. The admission acknowledges Jinko’s quality as well as ambition to continue to be an integral part of the evolving solar […]

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Avaada Energy Secures Rs 4,471 Cr Refinancing For Rajasthan Solar Projects

Avaada Energy, the renewable energy arm of Avaada Group, has announced the successful closure of one of the largest refinancing transactions in India’s renewable energy sector, securing about Rs 4,471 crore from the state-owned lender, the National Bank for Financing Infrastructure and Development (NaBFID). This refinancing transaction, conducted under a Restricted Group (RG) structure, encompasses […]

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Stellantis To Invest $100mn in Argentina’s Solar Energy Sector

Stellantis, the automotive giant behind brands like Citroen, Fiat, and Peugeot, is taking a significant step towards sustainability by investing $100 million in Argentina’s solar energy sector. The company announced its acquisition of 49.5% of 360 Energy Solar, a prominent player in the country’s solar power market. This move is part of Stellantis’ strategy to […]

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Recurrent Energy Secures $70 Million Financing For 152 MW Brazil Solar Project

Solar and energy storage assets firm Recurrent Energy has announced that it has secured  $70 million of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil. The 152 MW Jaiba III project will be financed over 22 years spanning both construction and operation phases. Linked […]

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Avaada Energy Wins 250 MW Solar-Wind Hybrid Project From NTPC

Indian renewable energy company Avaada Energy recently announced winning a 250 MW solar-wind hybrid power project in a tender issued by the National Thermal Power Corporation (NTPC). Earlier, NTPC had issued a tender for the selection of hybrid power generators to supply 1000 MW of power through ISTS-connected wind-solar hybrid projects. Avaada Energy secured a 50 […]

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Elin Energy Begins Solar Manufacturing Facility In US

Elin Energy, the European PV panel maker, has announced the commissioning of its first manufacturing facility in the United States. Elin is currently leasing the site in Twinwood Business Park from Welcome Group, a Houston-based leader in single-tenant real estate development and property management. Production began on March 5. The facility will produce only modules. […]

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