True Green Capital (TGC) Takes Majority Stake In CleanChoice Energy Updated On Sun, Apr 30th, 2023 by Saurenergy Connecticut based renewables investment firm True Green Capital Management has announced that it has acquired majority stake in Washington based cleantech company CleanChoice Energy. CleanChoice claims to empower people and businesses to access climate solutions. TGC will be offering dedicated capital to fund CleanChoice’s solar development pipeline. The acquisition will fuel the growth of CleanChoice […] Read more
PASH Global, ERIH Holdings Form JV For 5-GW Green Hydrogen In Europe Updated On Wed, Apr 26th, 2023 by Saurenergy International developer of clean power projects PASH Global has announced that it has collaborated with ERIH Holdings for the creation of a 50-50 joint venture (JV) to develop and invest in green hydrogen and ammonia projects totalling 5 GW of electrolyser capacity. The project will be powered by 10 GW of renewable energy generation capacity […] Read more
Avaada Group Formally Confirms Raising US $1 Bn Funding for Augmenting Renwables from Brookfield Updated On Wed, Apr 26th, 2023 by Saurenergy Avaada Group has formally announced that it has raised US $ 1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of its ongoing US$ 1.3bn fund raise plan. Brookfield Renewable, through its Brookfield Global Transition Fund (BGTF) will be investing up to US $ 1 billion in Avaada […] Read more
JERC Rejects Plea of Puducherry Firm For Enhancing Net Metering Limit For Captive Solar Updated On Wed, Apr 26th, 2023 by Saurenergy The Joint Electricity Regulatory Commission for the State of Goa & Union Territories has rejected the petition filed by Puducherry-based Rane Brake Lining, seeking relaxation of provision 4.4 of JERC for State of Goa and UTs (solar PV grid interactive system based on net metering) Regulations 2019. The provision imposes a cap on maximum solar […] Read more
The Top 5: Risks to Renewable Energy from Climate Change Updated On Tue, Apr 25th, 2023 by Saurenergy Climate change has already started posing real-world challenges. It is not just affecting adversely the developmental plans but is also disrupting the livelihoods of a considerable section of the human population in the regions prone to climate change disasters such as floods, droughts, sea level rise, etc. Renewable energy (RE) has given a push developmental […] Read more
HERC Approves Green Energy Open Access Rules, Ensures Not Levying Reliability Charges Updated On Tue, Apr 25th, 2023 by Saurenergy The Haryana Electricity Regulatory Commission (HERC), in its latest order, approved changes to the draft Green Energy Open Access Rules. This comes after hearing pleas from the electricity generators, power distribution companies, and other stakeholders. The Ministry of Power, earlier on June 6, 2022, came up with its Electricity (Promoting Renewable Energy Through Green Energy […] Read more
ACWA Power Gets $174 Million Loan From ADB For Uzbekistan Wind Projects Updated On Tue, Apr 25th, 2023 by Saurenergy Saudi Arabia’s ace renewable energy developer ACWA Power has received $174 million worth of loans from the Asian Development Bank (ADB) to develop the Bash wind power and Dzhankeldy wind power plants – both located in the Bukhara region in Uzbekistan. As per ABD, the ACWA Power financing comprises loans amounting to $40.5 million for […] Read more
Gautam Solar Supplies Mono Half-Cut Solar Panels For Bhopal Airport Updated On Mon, Apr 24th, 2023 by Saurenergy Gautam Solar, one of India’s indigenous solar manufacturers, has now supplied 10 BB (Bus Bar) Mono Half-Cut Solar Panels for a solar plant for the Raja Bhoj International Airport of Bhopal. The move is likely to boost the use of renewable energy to cater to the airport’s power needs in the state capital of Madhya […] Read more
Octopus Energy Eyes 20-GW Renewable By Decade End As It Opens 7 New Wind Farms Updated On Sun, Apr 23rd, 2023 by Saurenergy The UK based renewable energy player Octopus Energy has set a new target of 20GW that it wants to achieve by 2030 as it announced to have opened seven new onshore wind farms across Europe since 2022 in various countries. Octopus Energy manages £6 billion of renewable assets and energy translation projects globally. The seven […] Read more
