Statkraft Backs Solar Park with 5- year PPA Updated On Fri, Jul 15th, 2022 by Saurenergy Europe’s leading renewable energy player, Norwegian firm Statkraft, has signed a 5-year power purchase agreement (PPA) for the Strasen Solar Park. The Norwegian energy company is thus supporting the construction and operation of the 30 MW solar park. According to the official statement of Statkraft, the solar parkwill operate entirely without EEG subsidies and is […] Read more
REC Group gets EU grant for solar factory in France Updated On Fri, Jul 15th, 2022 by Saurenergy REC Solar has declared the award of a grant from the European Union for the construction of a 2 GW heterojunction (HJT) module factory in France. India’s Reliance Industries bought REC Solar in 2021. The company held previously that 2 GW per year of HJT modules that will be manufactured by it will have a […] Read more
Pipeline Infrastructure And DNV Collaborate To Integrate Hydrogen In India Updated On Thu, Jul 14th, 2022 by Saurenergy Norway-based independent energy expert and assurance provider, DNV has announced its collaboration with gas transportation company Pipeline Infrastructure Limited (PIL). Through this partnership, DNV will offer technical guidance and assistance to Pipeline Infrastructure Limited (PIL) regarding the integration of blended H2O into its gas trunkline assets in India, which include transmission pipelines, interconnects, spur lines, […] Read more
US And Australia Ink New RE Pact To Break China’s Stranglehold Updated On Thu, Jul 14th, 2022 by Saurenergy The US has inked a pact with Australia to break China’s stranglehold on clean energy technology supplies, according to a news report published. Addressing a joint press conference, US Energy Secretary, Jennifer Granholm, and the Australian Climate Change and Energy Minister, Chris Bowen, announced a “net-zero technology acceleration partnership” that places a premium on improving […] Read more
Statcon Energiaa And Magellan Powertronics, Australia Ink MoU For EV Charging and Renewable Tech Updated On Thu, Jul 14th, 2022 by Saurenergy Australia-based DC & AC electric equipment manufacturer, Magellan Powertronics has inked a Memorandum of Understanding with Delhi-based power electronics manufacturer company, Statcon Energiaa. With this MoU, business and technological cooperation in the field of power electronics are to be encouraged. Manufacturing EV Chargers and Power Electronics for Renewable Energy are its main areas of focus. […] Read more
Apollo Invests $175 Million in Summit Ridge Energy For Community Solar Projects Updated On Thu, Jul 14th, 2022 by Saurenergy Global conglomerate Apollo Global Management has revealed that it will be making an investment worth $175 million in Summit Ridge Energy, a leading owner-operator of community solar assets. Since it came into being in 2017, Summit Ridge has formed two joint ventures totaling more than $1 billion in permanent project capital. It has also expanded […] Read more
Two-thirds Of New Renewable Power In 2021 Cheaper Than Cheapest Coal In G20: IRENA Updated On Thu, Jul 14th, 2022 by Saurenergy Renewable Power Generation Costs in 2021, published by the International Renewable Energy Agency (IRENA) has stated that almost two-thirds or 163 gigawatts (GW) of newly installed renewable power in 2021 was cheaper than the world’s cheapest power plants, the source of which was coal, in the G20 countries. According to IRENA, the renewable power added […] Read more
Satluj Jal Vidyut Nigam Floats A 90 MW Floating Solar Tender In Madhya Pradesh Updated On Thu, Jul 14th, 2022 by Saurenergy Satluj Jal Vidyut Nigam (SJVN) has invited bids for a 90 MW(AC) floating solar PV power plant in Omkareshwar, Madhya Pradesh. The last date for submitting the bid is August 01, 2022, till 01:00 pm. Bids will be opened on the same day at 02:00 pm. This 90 MW of SJVN floating solar tenders include […] Read more
Continuum Energy Raises $350 Million For C&I Renewable Market In India Updated On Thu, Jul 14th, 2022 by Saurenergy Singapore-based Continuum Green Energy Ltd, has announced that it has raised $350 million in debt by issuing senior secured floating rate notes to two international institutional investors. The notes have a tenure of 3.5 years and the proceeds will be partly used to refinance debt and finance project construction. The floating rate is linked to […] Read more