ACEN Inks RECAU Agreement with Laguna Lake Development Authority in Philippines Updated On Fri, Aug 11th, 2023 by Saurenergy Makati-based ACEN, through its subsidiary companies, entered into a significant Renewable Energy Contract Area Utilization (RECAU) agreement with the Laguna Lake Development Authority (LLDA) in the Philippines. The purpose of this agreement is to secure the lease of 800 hectares of Renewable Energy Areas (REAs) located in Laguna. This pivotal arrangement signifies ACEN’s commitment to […] Read more
Statkraft in Agreement with Biopharmaceutical Firm for Offtake of Energy from Wind Farms Updated On Wed, Aug 9th, 2023 by Saurenergy Norway’s International Power Producer Statkraft has entered into a PPA with Sweden’s biopharmaceutical firm AstraZeneca towards energy procurement from three wind farms in Sweden. The PPA is based on the commissioning of the new wind farms in Strömstad and Årjäng, which is in Sweden’s bidding area 3 (SE3). This is also where AstraZeneca’s research and […] Read more
Electronica Finance Limited Signs US$15 Mn Deal with ResponsAbility Investments AG Updated On Tue, Aug 8th, 2023 by Saurenergy Electronica Finance Limited (EFL), a Pune-based Non-Banking Financial Company (NBFC) specialising in financing MSMEs with a focus on financial inclusion and energy efficient machine financing, has signed a US$15 million deal from Global Climate Partnership Fund (GCPF), managed by responsAbility Investments AG. The finance provided under the deal will be for six years and the […] Read more
Manager – Project Management Updated On Mon, Aug 7th, 2023 by Saurenergy Provides technical and commercial support for NEXTracker customers worldwide, ensuring a best in class customer experience and providing product and systems expertise to maximize customer value Supports all activities that drive Customer Satisfaction and order fulfilment Have strong customer care experience and be able to effectively communicate resolutions for customer concerns Support NEXTracker product procurement […] Read more
Swiss Storage Firm Energy Vault Commissions First Gravity Energy Storage System In China Updated On Wed, Aug 2nd, 2023 by Saurenergy The world’s first grid-scale EVx™ gravity energy storage system (GESS) has entered the first phases of commissioning. Energy Vault Holdings, a firm that delves in sustainable, grid-scale energy storage solutions, has announced the commissioning of the project, along with its partners Atlas Renewable and China Tianying (CNTY). Located outside of Shanghai in Rudong, Jiangsu Province, […] Read more
BOEM Announces Offshore Wind Energy Zones Near Delaware, Maryland, & Virginia Updated On Tue, Aug 1st, 2023 by Saurenergy As part of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030, The Bureau of Ocean Energy Management (BOEM) recently unveiled three final Wind Energy Areas (WEAs) off the coasts of Delaware, Maryland, and Virginia. The development of these areas involved extensive consultation and feedback from states, Tribes, […] Read more
Govt Launches Resource Efficiency Circular Economy Industry Coalition Updated On Fri, Jul 28th, 2023 by Saurenergy A Resource Efficiency Circular Economy Industry Coalition (RECEIC) was recently launched on the sidelines of the 4th G20 Environment and Climate Sustainability Working Group (ECSWG). At a meeting held in Chennai on July 27, Union Minister Bhupender Yadav stated that the RECEIC would act as an overarching platform. It would enable industries to address information, […] Read more
Low Carbon Secures £400 Mn Investment from MassMutual for Renewable Energy Updated On Thu, Jul 27th, 2023 by Saurenergy Renewable energy developer Low Carbon has secured £400m from its strategic partner Massachusetts Mutual Life Insurance Company to invest in renewable energy projects across the UK, Europe and North America. The £400m capital commitment from MassMutual will provide liquidity for Low Carbon’s pipeline of projects up until 2025. Announced in November 2021, the strategic partnership […] Read more
GSC Terms G20 Energy Transitions Meet In India A ‘Missed Opportunity” Updated On Tue, Jul 25th, 2023 by Saurenergy The Washington DC registered Global Solar Council (GSC), has been left unimpressed by the lack of progress made at Goa, India in the G20 meetings under the Energy Transitions Working Group. Belying hopes of urgent action to deploy the renewable energy capacity needed to stay on a 1.5C pathway GSC claims that the outcomes of […] Read more
