Masdar Acquires Arlington for Renewable Energy Storage in UK, Europe Updated On Wed, Oct 26th, 2022 by Saurenergy Renewable energy conglomerate Masdar has announced that it has acquired UK-based battery energy storage system (BESS) developer Arlington Energy that will enable Masdar to expand its presence in the UK and European RE markets and support countries’ net-zero objectives. Arlington Energy delves into developing, building, operating and financing flexible energy solutions; having taken over 170 […] Read more
IRENA Study Calls Renewable Pathway More Cost Effective than Fossil Fuels in Indonesia Updated On Wed, Oct 26th, 2022 by Saurenergy A new study by the the International Renewable Energy Agency (IRENA) states that Indonesia’s untapped potential for renewable energy can help meet the growing demand and prove to be more cost effective when compared to its dependence on domestic and imported fossil fuels. The report entitled Indonesia Energy Transition Outlook, which has been jointly put […] Read more
SJVN Commissions Uttar Pradesh’s 75-MW Parasan Solar Project Updated On Tue, Oct 25th, 2022 by Saurenergy Satluj Jal Vidyut Nigam (SJVN) has announced that it has begun to commission its 75-MW Solar Power Project in the Parasan Solar Park. The solar power project is located in Tehsil Kalpi in Jalaun district which is near Kanpur, Uttar Pradesh. The state owned firm has confirmed that the process of commissioning will be completed […] Read more
Shizen Energy, CDPQ to Invest $474 Mn in RE in Japan & Outside Updated On Tue, Oct 25th, 2022 by Saurenergy Shizen Energy, a renewable energy leader in Japan, and CDPQ, a Canada-based global investment group, have announced a JPY 20-billion ($135 million) investment in Shizen Energy. The two companies have also agreed to a co-investment framework, which will involve potential investments of another $339 million by CDPQ. The official statement has held that the investment […] Read more
Baseload Capital Raises $24 Million To Bolster Geothermal Energy Updated On Fri, Oct 21st, 2022 by Saurenergy Swedish climate investment firm Baseload Capital has made a $24 million investment in geothermal energy. Thanks to a $25 million loan facility it secured with Sustainable Development Capital of London in the spring, Baseload Capital has received more than $45 million. While the credit allows for flexible financing for the commissioning of future geothermal power […] Read more
WBSEDCL 205 EV Charging / Battery Swapping Station Tender Complete Details Updated On Fri, Oct 21st, 2022 by Saurenergy West Bengal State Electricity Distribution Company Limited (WBSEDCL) has invited bids for installing 205 EV charging stations and battery swapping stations to increase e-mobility in the region. The last date for submitting the online bid is November 18, 2022, till 12:00 pm. Bids will be opened on the same day at 12:30 pm. The tender […] Read more
ISA Decides On Solar Facility To Expedite Funding Updated On Fri, Oct 21st, 2022 by Saurenergy In its fifth general assembly, International Solar Alliance (ISA) has approved the creation of a ‘Solar Facility’ which will be a financial instrument to encourage investments in solar energy through insurance funds and payment guarantee. Readers will recall that a key mandate of the ISA itself was to enable financing for solar in developing countries. […] Read more
First Solar will supply 700 MW solar modules to Silicon Ranch Updated On Fri, Oct 21st, 2022 by Saurenergy Tennessee based independent power producer, Silicon Ranch and America’s largest solar manufacturer, First Solar, announced the expansion of the 4-GW master supply agreement (MSA) that they signed in April. To support its growing portfolio of contracted solar projects, Silicon Ranch has secured an additional 700 megawatts (MW) of advanced, responsibly produced, thin film photovoltaic (PV) […] Read more
Saurabh Agrawal: New Chairman of Tata Power Renewable Energy Segment Updated On Fri, Oct 21st, 2022 by Saurenergy The board of Tata Power Renewable Energy was restructured by the Tata group recently, with the director of Tata Sons Saurabh Agrawal taking over as chairman. Three new directors were added to the board, including Eduard Ruijs, Managing Director and Head of the London-based BlackRock Global Infrastructure Fund team. The board also welcomed Rajiv Mehrishi, […] Read more