Finland, Luxembourg Commit For EU’s Renewable Energy Financing Mechanism Updated On Tue, Feb 28th, 2023 by Saurenergy The implementation of the EU renewable energy financing mechanism has taken an important step forward as binding commitments have come from Finland and Luxembourg who will now take part in a cross-border tender for renewable energy. The announcement by the two countries follows an invitation by the Commission to all EU countries last year to […] Read more
Essar Group to Invest $3.6 Billion in Energy Transition in UK, India Updated On Tue, Feb 28th, 2023 by Saurenergy Mumbai headquartered Essar Group has formed the Essar Energy Transition (EET) with the objective to invest a total of $3.6 billion in developing a range of low carbon energy transition projects over the next five years in India and the United Kingdom. Essar Group held that EET of the total investment, $2.4 billion will be […] 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
Ocior Energy in MoU with Gujarat to Invest Rs 40,000 Cr in Green Hydrogen, Ammonia Updated On Mon, Feb 27th, 2023 by Saurenergy The Government of Gujarat today signed a memorandum of understanding (MoU) with Abu Dhabi (United Arab Emirates) headquartered Ocior Energy Pvt Ltd for Rs. 40,000 crores proposed investment in the state in the renewable energy capacities. As per the government statement, Ocior Energy will be developing green hydrogen-green ammonia projects among other renewable energy plans. […] Read more
Newcastle Airport Strives for 100% Renewable Energy Through PPA with Flow Power Updated On Mon, Feb 27th, 2023 by Saurenergy Newcastle Airport, which is located in New South Wales, has set its sights on achieving sustainability. Towards this goal, it has entered into an agreement for 100% renewable energy with energy retailer Flow Power. “Newcastle Airport is expanding to deliver growth to the Hunter region, and sustainability is key to everything we do,” maintained Newcastle […] Read more
Himurja Issues Tender for Set up of 100 MW Solar Plants Updated On Mon, Feb 27th, 2023 by Saurenergy Himurja, the state energy agency responsible for the promotion and sustainable development of renewable energy and related R&D in Himachal Pradesh has invited bids for the establishment of 100 MW solar plants in Himachal Pradesh. These will be set up on private and leased land. The PRO of Himurja Panna Lal revealed that the tender […] Read more
Philippines-Based Altenergy is Awarded Three Offshore Wind Projects by DOE Updated On Mon, Feb 27th, 2023 by Saurenergy Alternergy Holdings Corporation, which develops renewable energy projects across the Philippines, has won three service offshore wind project contracts. These projects are over Tablas Strait which separates Mindoro and Antique. Alternergy revealed that it was awarded the contract by the Department of Energy (DOE) to Pililla AVPC Corp (PACO), which is the wind energy unit […] Read more
Austrian Firm Enery Set to Build Bulgaria’s Biggest Solar Park Updated On Mon, Feb 27th, 2023 by Saurenergy Austrian firm, Enery, controlled by Three Seas Initiative Investment Fund (TSIIF) through Amber Infrastructure, is currently operating one of both largest PV facilities in Bulgaria. Founded in 2019, Enery is a leading renewable energy developers in Central and Eastern Europe. In 2020, it purchased a solar park on 100 hectares with a 60.4 MW peak […] 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
