EBRD Loans $200 Million to Turkish Renewable Energy Developer Updated On Thu, Apr 20th, 2023 by Saurenergy The European Bank for Reconstruction and Development (EBRD) is providing a loan of $200 million to Turkey’s Borusan EnBW Enerji Yatirimlari ve Uretim to help the firm strengthen its financial position and invest in renewable energy sector with gender inclusion. The funds are being provided by EBRD under a syndicated structure with the Netherlands Entrepreneurial […] Read more
NTPC Floats Tender For 9,000 MWH Of ISTS-Connected Energy Storage Systems Updated On Thu, Apr 20th, 2023 by Saurenergy The National Thermal Power Corporation Renewable Energy Limited (NTPC REL) has now invited online bids from developers for a 9,000 Megawatt-Hour (MWH) of Inter-State Transmission System (ISTS)-connected energy storage solution. The tender said the plant(s) could be based anywhere in India. The minimum capacity of the same should be 1,500 MW, the tender said. NTPC […] Read more
Lithuanian firm AEI Raises EUR 92 Million For Renewable Energy Investments Updated On Thu, Apr 20th, 2023 by Saurenergy Lithuania based investment company Atsinaujinančios Energetikos Investicijos (AEI) has announced that it has raised EUR 92 million in past two years and the investments will be made in the renewable energy sector. AEI is managed by Lords LB Asset Management. The company has made investments in the development of solar power plants in Poland and […] Read more
BPCL Targets 240 MW Renewables Expansion This Fiscal Updated On Thu, Apr 20th, 2023 by Saurenergy Public sector fuel marketing major Bharat Petroleum Corporation (BPCL) is mulling for the development of 240-MW of renewable power capacity this fiscal year of 2023-24. A senior official of BPCL held that the renewable expansion of the firm will be achieved at the cost of Rs 1600 crore. BPCL was in line for divestment by […] Read more
National Institute of Wind Energy Signs MoU With NCMRWF For Forecast Application Updated On Wed, Apr 19th, 2023 by Saurenergy The National Institute of Wind Energy (NIWE) has now signed a Memorandum of Understanding (MoU) with the National Centre for Medium-Range Weather Forecasting (NCMRWF) for the use and development of a model forecast application. The application–‘NWP (Numerical Weather Prediction) Model Forecast’ can be used in wind and solar power forecasting. Dinesh Jagdale, Joint Secretary from […] Read more
Solar PV Solutions Firm GoodWe Conducts Customers’ Meet at Jaipur Updated On Wed, Apr 19th, 2023 by Saurenergy GoodWe, a solar photovoltaic (PV) inverter and energy solutions company, recently conducted its consumer meeting at Jaipur in Rajasthan. Evervolt Green Energy Pvt Ltd supported the event. During the event, the representatives from the venture showcased their latest products and services. Furthermore, with expertise in energy solutions, the company, with a global presence, discussed the […] Read more
Avangrid Joins Forces with Navajo Tribal Utility Authority for 1 GW of Clean Energy Projects Updated On Wed, Apr 19th, 2023 by Saurenergy American clean energy firm Avangrid and the Navajo Tribal Utility Authority (NTUA) have entered into an agreement for the development of up to 1 GW of clean energy in the US. The projects in green energy are to be set up in the Navajo Nation in New Mexico and Arizona. NTUA claims to be the […] Read more
Enfinity Global Agrees with Statkraft for Supply of 34 GWh Clean Energy Updated On Wed, Apr 19th, 2023 by Saurenergy US-headquartered renewable energy player Enfinity Global Inc. has announced that it has signed a long-term solar power purchase agreement (PPA) with Statkraft for the supply of green energy from 134-MW solar power projects in Italy. The agreement is aimed at commercialization of 34 GWh/year of clean electricity in Italy that complements the closing of additional […] Read more
End of Nuclear Energy in Germany: What are the Fallouts? Updated On Wed, Apr 19th, 2023 by Saurenergy Germany recently announced the shutting down of its last nuclear power plants. From supplying nuclear power plant-based electricity to the grid for the first time, at Kahl in Bavaria in 1961, to now shutting down the last three in April 2023, Nuclear energy polarized people’s opinions and remained a point of debate for decades in […] Read more
