Albemarle Corp will Invest $1.3 billion in USA Lithium Battery Plant Updated On Thu, Mar 23rd, 2023 by Saurenergy Lithium and bromine giant Albemarle Corporation that offers essential elements for mobility, energy, connectivity and health, has announced plans to build its lithium hydroxide Mega-Flex facility in Chester County, South Carolina. Albemarle says that the facility includes an initial investment of at least $1.3 billion to help meet the surging demand for domestic and international […] Read more
EDF Renewables to Supply 117 MWac of Solar Energy to California Utility Updated On Thu, Mar 23rd, 2023 by Saurenergy Renewable energy giant EDF Renewables North America has announced a 20-year PPA with Southern California Public Power Authority (SCPPA) for the energy and renewable attributes related to the 117 MWac/148 MWdc Sapphire Solar project. EDF Renewables said that Sapphire Solar is guaranteed to begin delivery of carbon-free electricity to SCPPA’s Participating Members – Anaheim, Pasadena […] Read more
RECPDL Hands Over 6 Special Purpose Vehicles to PGCIL Updated On Thu, Mar 23rd, 2023 by Saurenergy REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, an NBFC Maharatna CPSU under the Ministry of Power, has announced the handing over of six projects’ specific SPVs (Special Purpose Vehicles) to PGCIL (Power Grid Corporation of India Limited). These SPVs have been mainly established for constructing transmission projects in […] Read more
PFC Inks Loan Agreement Pact with Japan Bank for Project Loan of INR 165 Cr Updated On Thu, Mar 23rd, 2023 by Saurenergy Maharatna firm Power Finance Corporation (PFC) and non-banking financial company has entered into an agreement with Japan Bank for International Cooperation (JBIC). The pact is for a project loan worth JPY 2.65 billion, which is close to Rs 165 crore. With the agreement, JBIC is looking to finance PFC’s projects that will curb greenhouse gas […] Read more
APL Apollo Tubes Partners Ornate Solar for Sustainability Updated On Thu, Mar 23rd, 2023 by Saurenergy In a key development to give a fillip to the solar industry of India, APL Apollo Tubes has collaborated with Ornate Solar for designing, engineering, building and manufacturing innovative structural solutions. The announcement was made by APL Apollo Tubes at ‘Nayi Soch’ Steel Building Solutions conference in Bengaluru. The new venture would complement the existing […] Read more
GreenIT, CIP to Build 2 GW Floating Offshore Wind Farms in Italy Updated On Thu, Mar 23rd, 2023 by Saurenergy Italian renewable energy developer GreenIT has signed an agreement with Copenhagen Infrastructure Partners (CIP) to develop three floating offshore wind projects in Latium and Sardinia, Italy. GreenIT is a joint venture between Plenitude (Eni) and CDP Equity (CDP Group). CIP said that the plants will be located on average roughly 30 km off from the […] Read more
Network Planning Group under PM Gati Shakti Gives Nod to Infra Project on Renewable Energy Updated On Thu, Mar 23rd, 2023 by Saurenergy At its 45th session, the Network Planning Group (NPG) under PM Gati Shakti reviewed an infrastructure project on renewable energy. The project is for the ISTS (Inter-State Transmission System) for renewable energy project in Ladakh, which is said to be an important one. In 2020, Prime Minister Narendra Modi had revealed about the establishment of […] Read more
Nestlé to Invest in 208 MWh Ganado Solar Project of Enel North America Updated On Thu, Mar 23rd, 2023 by Saurenergy Renewable energy major Enel North America has announced partnership with global food conglomerate Nestlé to be the sole tax equity investor for its 208 MWdc Ganado solar-plus-storage project in Jackson County, Texas, US. Enel said that Nestlé will also purchase the renewable energy attributes from the entire output of the solar plant, helping advance the […] Read more
Astronergy to Ship 454 MW TOPCon PV Modules for Brazil Solar Project Updated On Thu, Mar 23rd, 2023 by Saurenergy Chinese solar manufacturer Astronergy has announced that it has signed a deal for the supply of a total of 454 MW ASTRO N n-type TOPCon PV modules and the shipment is ready to set off. Astronergy said that its TOPCon is to set foot in the LATAM region after landing in Australia and Europe. Tier […] Read more