IIT-Madras & Denmark Firm Sign Pact for Renewable Energy Updated On Fri, Mar 3rd, 2023 by Saurenergy The Indian Institute of Technology-Madras (IIT-Madras) has signed a pact with Denmark to conduct research projects on next-generation fuels and energy systems under the ‘Indo-Danish Green Strategic Partnership’. The pact was signed in the presence of Danish Crown Prince Frederik Andre Henrik Christian, Denmark Minister for Climate, Energy and Utilities Lars Aagaard, and Tamil Nadu […] Read more
Lightsource bp Secures Approval to Build 1.6 GW Solar Project in Spain Updated On Thu, Mar 2nd, 2023 by Saurenergy Global renewable energy conglomerate Lightsource bp – a joint venture between Lightsource and British Petroleum – has held that its route for the development of solar energy projects of multi-GW stands cleared in Spain. In a key development, Lightsource bp has received the environmental go-ahead for 19 solar power projects having total cumulative capacity of […] Read more
OYA Renewables Secures $216 Million For New York Community Solar Pipeline Updated On Thu, Mar 2nd, 2023 by Saurenergy US based energy transition solutions platform OYA Renewables has announced that it has secured a total of $216 million in financial backing for the construction of as many as 15 community solar development projects throughout the state of New York. This is expected to give a fresh push to community based solar power in the […] Read more
EDF Renewables Acquires 529 MWp Solar Portfolio from MEC Energy in Germany Updated On Wed, Mar 1st, 2023 by Saurenergy Global renewable energy player EDF Renewables has acquired 17 greenfield solar photovoltaic projects with a total capacity of 529 MWp from MEC Energy, a renewable project developer based in Germany. In the transaction, Capcora, a German consulting company, acted as the exclusive sell-side M&A advisor MEC Energy which is a German project developer and part […] Read more
Lightsource bp to Purchase 4 GW of First Solar Modules Updated On Wed, Mar 1st, 2023 by Saurenergy Global solar developer Lightsource bp has placed an order for 4 GW of advanced thin film solar modules with module maker First Solar. The modules, scheduled to be delivered between 2026 and 2028, are expected to power Lightsource bp projects in the United States. This latest deal follows a prior order by Lightsource bp for […] Read more
Himachal Pradesh Allows Non-Himachal Pradesh Solar Power Generators to Establish Projects Updated On Tue, Feb 28th, 2023 by Saurenergy It looks like that Himachal Pradesh is acting in letter and spirit to make the state truly the first ‘Green State’ of India by the middle of this decade. In a new but significant move, Himachal Pradesh’s nodal agency for renewable energy programmes – Himurja – has now decided to allow power producers from outside […] Read more
Global Investor BlueOrchard to Invest in Indian Renewable Energy Firm U-Solar Updated On Tue, Feb 28th, 2023 by Saurenergy An infrastructure fund managed by Zurich-based BlueOrchard Finance Ltd is investing in Indian renewable energy platform U-Solar to support the growth of its commercial and industrial (C&I) rooftop solar portfolio. BlueOrchard is a leading global impact investment manager and member of the Schroders Group. U-Solar, headquartered in Bengaluru, is present in the entire solar PV […] Read more
IOC Sets Sights on RE Capacity Addition, EV Charging Among Others in Restructuring Spree Updated On Mon, Feb 27th, 2023 by Saurenergy The Chairman of Indian Oil Corporation (IOC) Shrikant Madhav Vaidya has said that the CPSU has set its sights on green hydrogen plants at all its refineries. The timeline for this goal has been set for 2047. The announcement comes as part of the Rs 2 lakh crore planned for green transition towards net-zero emissions. […] Read more
Universal Energy Facility (UEF) Offers Grants to Solar Projects in Nigeria Updated On Fri, Feb 24th, 2023 by Saurenergy The renewable energy expansion is expected to reach new heights in the African country of Nigeria as Universal Energy Facility (UEF) has announced providing grants to RE companies who applied to have their projects financed as part of the facility’s stand-alone Solar for Productive Use programme in Nigeria. UEF is a results-based financing facility managed […] Read more
