Equinix, Sembcorp Sign PPA To Develop 58.5 MWp Solar Project Updated On Tue, Dec 3rd, 2024 by Saurenergy Equinix, Inc., a digital infrastructure company, today signed its second renewable energy Power Purchase Agreement (PPA) with Sembcorp Power Pte. This project in Singapore with Sembcorp’s subsidiary is the second PPA. This collaboration provides Equinix solar project 58.5 MWp maximum capacity from JTC’s properties on Jurong Island. The project will start in 2029. This accounts […] Read more
Equinix, CleanMax Ink 33 MW Captive Project Deal in Maharashtra Updated On Thu, Nov 14th, 2024 by Saurenergy Equinix, Inc., a digital infrastructure company today signed a Power Purchase Agreement (PPA) with CleanMax, a renewable energy provider in the Commercial and Industrial (C&I) sector and a Brookfield-backed company. Under the agreement, the parties plan to collaborate to build a 33 MW Captive Power Plant in Maharashtra. This partnership intends to provide renewable energy […] Read more
Adani Power Debuts In Middle East, Sets Up Subsidiary At Abu Dhabi Updated On Tue, Aug 27th, 2024 by Saurenergy Adani Power Limited has established a new wholly-owned subsidiary, Adani Power Middle East Ltd., in Abu Dhabi, United Arab Emirates, following its expansion into Singapore. The company informed the exchange that Adani Power Middle East Ltd. will focus on investments in power, infrastructure, and related industries. The subsidiary has an authorized share capital of $27,000, […] Read more
Australia To Export Solar Energy To Singapore Updated On Fri, Aug 23rd, 2024 by Saurenergy Australia has approved a unique solar and battery farm project, set to become the largest of its kind in the world. The $24 billion venture, led by tech billionaire Mike Cannon-Brookes, aims to export clean energy from Australia to Singapore. The project, named SunCable, will span Australia’s remote northern region and include a vast array […] Read more
Renewables Can Bring Down Singapore’s Gas Dependency To 61%: EMBER Updated On Thu, May 2nd, 2024 by Saurenergy A recent report from energy think tank EMBER said that Singapore’s heavy reliance on gas-based electricity could be cut down with the expected rise of renewables in the country. The report said that based on its calculations, the share of electricity from gas would drop from 92% in 2022 to 61% by 2035. This was […] Read more
IEA Announce To Setup It First Southeast Asia Office In Singapore Updated On Wed, Feb 21st, 2024 by Saurenergy International Energy Agency (IEA) recently announced the establishment an IEA Regional Cooperation Centre, in Singapore. It mentioned it to be IEA’s first office outside of its headquarters (HQ) in Paris, France. The announcement was made during the IEA’s 50th Anniversary Ministerial in Paris. IEA announcement, “This headquarter will work with all countries in Southeast Asia […] Read more
Sembcorp RE Acquisition In China, India Rose By 42% YoY In 2023 Updated On Tue, Feb 20th, 2024 by Saurenergy Singapore-based Sembcorp Industries (Sembcorp) recently posted a strong performance for the year of 2023 (FY2023). They recently announced that they made a turnover of S$7.0 billion compared to S$7.8 billion in FY2022. Sembcorp said, “The group net profit before exceptional items (EI) grew 38% year-on-year to S$1.0 billion from S$739 million in FY2022, with higher […] Read more
Singapore-based Sembcorp Industries Acquires 228 MW Wind Assets In India Updated On Mon, Feb 19th, 2024 by Saurenergy Singapore-based renewable energy company Sembcorp Industries (Sembcorp) has announced that it has, through its wholly-owned subsidiary Green Infra Wind Energy Limited completed the acquisition of 100% of the share capital in two special purpose vehicles (SPVs) of Leap Green Energy Private Limited. The SPVs own 228MW of operational wind assets in Madhya Pradesh, Maharashtra, and […] Read more
Singapore, UK, Mauritius, UAE Biggest Solar Investors In India: R.K Singh Updated On Mon, Feb 12th, 2024 by Saurenergy The union minister of new and renewable energy, R.K Singh shared details of the solar investment received within the by India in the last three years i.e., from 2020 – September 2023. He stated, “Indian solar sector has received 3860.158 million investments through foreign direct investment (FDI) within the country till 30th September 2023.” India […] Read more
