German Bank KfW Will Lend Colombia $203.8m For Green Energy Transition Updated On Tue, Jul 26th, 2022 by Saurenergy Germany will lend Columbia about USD 203.8m in two stages to help the latter achieve green energy transition and become energy-independent. According to a report, Germany’s state owned development bank KfW has released a statement that it will facilitate the loan transfer so that Columbia can rollout renewable energy projects. KfW executive Christiane Laibach has […] Read more
MasTec to Acquire Infrastructure and Energy Alternatives (IEA) Updated On Tue, Jul 26th, 2022 by Saurenergy MasTec and Infrastructure and Energy Alternatives (IEA) have announced signing an agreement under which MasTec will acquire all of the outstanding shares of IEA in a cash-and-stock transaction. Each IEA share is valued at $14.00. The official statement of MasTec said that the transaction has been unanimously approved by the Boards of Directors of both […] Read more
Cypress Creek Acquires 400 MW Storage From Black Mountain Updated On Tue, Jul 26th, 2022 by Saurenergy USA-based renewable energy player Cypress Creek Renewables has added 400MW/600MWh to its storage portfolio after acquiring four Texas standalone energy storage projects from Black Mountain Energy Storage (BMES). The projects, each 100MW, are located throughout the Electric Reliability Council of Texas (ERCOT) market and are currently under development. Cypress Creek said that it will continue […] Read more
Saudi Arabia Looks To Double RE Capacity Through Tenders Updated On Tue, Jul 26th, 2022 by Saurenergy The Kingdom of Saudi Arabia is mulling to double the renewable energy tenders this year and give a fillip to the clean electricity availability. According to reports, the country will continue the spree in 2023 for faster development in the solar power and wind farm projects. The Energy Minister Saudi Arabia has an online capacity […] Read more
Solar Energy Corporation Extends Deadline For One EV Captive Charging Station Updated On Mon, Jul 25th, 2022 by Saurenergy Recently, Solar Energy Corporation of India (SECI) has extended its Deadline for the bid submission deadlines for its one EV Captive Charging Station on the premises of NCRTC, by a further period to August 10, 2022. The tender had first been released on June 24, 2022. This EV Captive Charging Station tenders include Supply, Erection, […] Read more
Omkareshwar Floating Solar: RUMSL Invites Bids for Phase 2 of 300 MW Updated On Mon, Jul 25th, 2022 by Saurenergy Following the successful conclusion of it’s phase I tender for 300 MW, Rewa Ultra Mega Solar (RUMSL) has initiated proceedings for phase 2. The plans for 600 MW floating solar power project in Madhya Pradesh’s Omkareshwar Reservoir seem to be progressing well to make it among the largest floating solar projects worldwide in time. This […] Read more
MSEDCL Gets Approval For 14 MW of Solar Projects Under PM-KUSUM Updated On Mon, Jul 25th, 2022 by Saurenergy Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) has received permission from the MERC for the adoption of tariff for long-term power procurement from 14 MW solar projects selected through a competitive bidding process that was launched for 500 MW of solar projects in the state. These solar projects will be installed under Section 63 of […] Read more
Centre Gives States A New Green Power Mandate To Encourage RPO Compliance Updated On Mon, Jul 25th, 2022 by Saurenergy The Union Government has asked state governments to meet a quarter of their power demand through renewable energy sources in the current year, which can be scaled to 47 % in the following eight years. Although consistent with India’s clean energy commitments, the new trajectory of the Union Government will be difficult for the already […] Read more
Electrolux, SolarizEgypt to Cooperate In Solar Sector in Egypt Updated On Mon, Jul 25th, 2022 by Saurenergy World’s leading manufacturer and supplier of electrical appliances, Electrolux has announced entering into an agreement with SolarizEgypt for the establishment of a solar power plant at its factory. Electrolux said that the renewable energy will be utilized to produce washing machines, refrigerators, Delta electric water heaters, and stoves. As per the official statement, the pact […] Read more
