ACEN Powers Up Philippines 1st Hybrid Solar-Storage Plant Updated On Thu, Feb 24th, 2022 by Saurenergy ACEN, the listed energy platform of the Ayala Group, has switched on the first hybrid solar and energy storage project of the Philippines. The pilot 40 MW energy storage project located in Alaminos, Laguna, will allow the company to evaluate opportunities to store energy more effectively across the portfolio of ACEN, with the aim to […] Read more
Azure Power refinances its 600 MW solar project Updated On Wed, Feb 23rd, 2022 by Saurenergy Azure Power Global Limited has said that it has refinanced its 600 MW solar power project – which is based in the state of Rajasthan – at the lowest rate of interest in its portfolio up to the present time. The company statement says that it has successfully refinanced its existing project finance facility of […] Read more
REC Power Development Seeks Consultant for Floating Solar Park in Delhi Updated On Tue, Feb 22nd, 2022 by Saurenergy REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned subsidiary of REC Ltd., has invited online bids for the selection of technical consultant who would provide consultancy services for a floating solar project located in New Delhi. The last date for the submission of e-bids is February 25, 2022, till 3 PM. REC Limited, formerly Rural […] Read more
With Over 10 GW Solar Power, Rajasthan Tops Capacity Creation: MNRE Updated On Mon, Feb 14th, 2022 by Saurenergy Rajasthan stands on top in the country in developing solar power with more than 10 GW of green energy capacity, a release said on Saturday. According to the data released by the Ministry of New and Renewable Energy (MNRE), Rajasthan has left behind Karnataka and Gujarat by developing more than 10 GW of solar power […] Read more
China to Focus on Gobi Desert for New Solar, Wind Power Bases Updated On Fri, Feb 11th, 2022 by Saurenergy China’s new renewable energy plans will focus on the Gobi and other desert regions, as it speeds up the construction of huge new wind and solar power bases and boosts its transmission capabilities, regulators said in a new policy document, according to recent media reports. To meet its climate targets, China – the world’s biggest […] Read more
Torrent Power Bags 25 MW Solar Portfolio in Gujarat Updated On Fri, Feb 11th, 2022 by Saurenergy In a recent announcement, Torrent Power said that the company has entered into a share purchase agreement with Blue Daimond Properties and Balrampur Chini Mills for the acquisition of 100 per cent equity share capital of Visual Percept Solar Project, which operates a solar plant of 25 MW capacity in Gujarat. Subject to closing price […] Read more
TotalEnergies to Acquire Commercial & Industrial Solar Business of SunPower Updated On Fri, Feb 11th, 2022 by Saurenergy TotalEnergies has announced that the company has signed a contract with SunPower Corp.’s to purchase latter’s Commercial & Industrial Solutions (CIS) business for $250 million. The amount includes $60 million of earn-out. TotalEnergies is the majority shareholder of SunPower, a leading solar technology and energy services provider. Both the companies have approved the acquisition following a thorough process involving […] Read more
