Saudi Arabia Shortlists Bidders for 3.6GW Solar Projects Updated On Fri, Oct 25th, 2024 by Saurenergy The Saudi Power Procurement Company (SPPC) has announced a shortlist of bidders for its fifth round of tenders under the National Renewable Energy Programme (NREP), aimed at boosting the country’s solar energy capacity. This round targets 3.6GW of solar photovoltaic (PV) capacity across four projects. Bids for these projects were initially disclosed in February, and […] Read more
ADB & Fourth Partner Energy Join Hands for 25 MW Solar Power Plant in Tamil Nadu Updated On Mon, Aug 28th, 2023 by Saurenergy The Asian Development Bank (ADB) and Independent Power Producer Fourth Partner Energy Private Limited (Fourth Partner) have joined hands for a long-term loan of up to Rs 1.2 billion Indian rupees towards the construction and operation of a 25 MW solar power plant. This will help augment clean and low-cost energy supply to commercial and […] Read more
Toyota Material Handling France & Alight Join Hands for Rooftop Solar Plant Updated On Wed, Jan 11th, 2023 by Saurenergy Toyota Material Handling France (TMHFR), a leading firm in materials handling equipment, has entered into a Power Purchase Agreement (PPA) with the solar energy firm Alight. Under the power purchase agreement (PPA), Alight provides solar energy to TMHFR at its facility in Bussy-Saint-Georges Paris, France. Alight develops, owns and manages the rooftop photovoltaic plant at […] Read more
Enfinity Global Raises €142 Million For 112 MW Solar Projects In Italy Updated On Thu, Dec 22nd, 2022 by Saurenergy Leading US-based renewable energy and sustainability services provider Enfinity Global Inc has closed EUR 142 million in long-term and VAT financing, and LCs facilities for the construction of three utility-scale solar power plants in Italy. The combined total capacity of the three solar power plants will be 112 MW. The 112 MW portfolio is located […] Read more
Renewable Energy Major ReNew Power to Supply 150 MW Green Energy to Microsoft Updated On Mon, Dec 19th, 2022 by Saurenergy Gurugram-based ReNew Power, that claims to be India’s leading renewable energy company, has signed a renewable energy agreement for 150 MW with Microsoft India. The official statement of ReNew Power mentions that it is one of the largest such deals in India. According to the agreement, ReNew will produce 150 MW of clean energy from […] Read more
Solar EPC Firm KPI Green Energy Gets New Orders for 24.9 MW Projects Updated On Tue, Dec 13th, 2022 by Saurenergy KPI Green Energy – the solar vertical of Gujarat based KP Group – has announced that the company has received new orders for the development of solar power projects under the captive power producer (CPP) segment from seven entities. The renewable energy company has informed that the aggregate capacity of the seven projects come to […] Read more
Singapore’s Sembcorp Signs Pact To Acquire Vector Green Energy For Rs 2780 Crore Updated On Mon, Nov 14th, 2022 by Saurenergy Singapore-based Sembcorp Industries has announced that its wholly-owned subsidiary, Sembcorp Green Infra Limited, has signed an agreement with India Infrastructure Fund II to acquire 100 per cent interest in Vector Green Energy Private Limited for a base equity consideration of approximately Rs 2780 crore (approximately S$474 million). India Infrastructure Fund II is a fund managed […] Read more
USA’s CPS Energy Purchases 180 MW Of Solar Power from KARE Updated On Mon, Sep 26th, 2022 by Saurenergy The US-based electric and natural gas utility, CPS Energy, has announced that it has signed an agreement with Kenlov Ashtrom Renewable Energy (KARE) for the purchase of 180 MW of solar energy. KARE is a Texas-based Independent Power Producer focused on the development, construction and long-term management of utility scale solar facilities in the US […] Read more
KKR Invests in Hero Future Energies in $450 Million Transaction Updated On Tue, Sep 20th, 2022 by Saurenergy New York’s Kohlberg Kravis Roberts & Company (KKR), a leading global investment firm, and Hero Future Energies (“HFE”)- the renewable energy arm of the Hero Group, have announced the signing of definitive agreements. Under the agreements, KKR and the Hero Group will invest $450 million in HFE. This investment will position HFE for continued growth […] Read more
