Actis Buys 400MW Solar Assets Of Kolkata-Based Atha Group Updated On Wed, Aug 10th, 2022 by Saurenergy In a key development, Actis LLP has emerged successful in the bid to obtain solar power based assets of 400 MW from Kolkata-based Atha Group. The equity value had been pegged at $100 million. As per reports, sale purchase agreement is already inked between the two companies. The deal of the solar power assets is […] Read more
Stung By Gas Volatility, GAIL Plans Bigger Clean Energy Footprint Updated On Wed, Aug 10th, 2022 by Saurenergy Gas major GAIL (Gas Authority of India Limited), which owns the largest gas pipeline network in India besides a presence across the gas value chain, especially the distribution side of it, is quietly adding a larger clean energy component to its future plans. After announcing it’s strong Q1 results for FY 23, the company, which […] Read more
Brazil Adds Over 500 MW Of Wind, Solar Energy In July Updated On Tue, Aug 9th, 2022 by Saurenergy The power sector regulator of Brazil – ANEEL– has announced there has been an addition of about 514.63 MW of solar and wind power capacity to the renewable energy basket in the previous month of July. The data shared by ANEEL revealed that the solar farms had contributed for the majority of the renewable additions […] Read more
Skyline Clean Energy Fund Acquires Biogas Facility in Canada Updated On Tue, Aug 9th, 2022 by Saurenergy Skyline Clean Energy Fund (SCEF), an Ontario-based investment fund firm for renewable and clean energy production, has purchased a Lethbridge-based biogas factory. Skyline Clean Energy Fund has purchased all the shares in Lethbridge Biogas General Partner Inc. and the units in Lethbridge Biogas LP. 120,000 tonnes of organic waste can be converted into renewable natural […] Read more
Lok Sabha Passes Energy Conservation Amendment Bill 2022 Updated On Tue, Aug 9th, 2022 by Saurenergy The onslaught of climate change is forcing countries to reduce their carbon footprints and move towards clean forms of energy sources to decarbonize their economies to protect the planet from the rising temperatures. The Lok Sabha (House of Commons) of the Parliament has passed the Energy Conservation (Amendment) Bill, 2022, in a bid to promote […] Read more
Octopus Energy, Nest And GLIL Invest £200 Million In Hornsea One Updated On Mon, Aug 8th, 2022 by Saurenergy Octopus Energy Generation’s fund management group has invested £200 million in Hornsea One. For a sum of £400 million, the company has purchased a 12.5% share from Global Infrastructure Partners through a joint venture with GLIL Infrastructure, which is also contributing £200 million. A £3.6 billion fund called GLIL makes infrastructure investments on behalf of […] Read more
World’s First Subsidy-Free Offshore Wind Farm In Netherlands Produces First Power Updated On Mon, Aug 8th, 2022 by Saurenergy The 1.5GW Hollandse Kust Zuid offshore wind farm, the first subsidy-free offshore wind farm in the world, has started producing power and supplying it to the Dutch electrical grid. Swedish power company Vattenfall won the right to build all four allotments in the Hollandse Kust Zuid. No financial aid from the government was required or […] Read more
Adani Solar Strengthens Retail Footprint In Maharashtra Updated On Mon, Aug 8th, 2022 by Saurenergy Adani Group’s solar PV manufacturing and EPC arm, Adani Solar, has announced the expansion of its retail distribution business for Maharashtra with Roofsol Energy Pvt. Ltd. According to Adani Solar, Roofsol Energy will be the official channel partner for the Maharashtra region. Additionally, Adani Solar shared that it has now extended its reach to more […] Read more
NTPC Looks for Nuclear Power Addition; Bullish on Renewable Energy Updated On Mon, Aug 8th, 2022 by Saurenergy Power conglomerate NTPC has announced in its 18th Analysts & Investors Meet that the company is foraying into nuclear power while maintaining its thrust on the renewable sector. Chairman and Managing Director, Gurdeep Singh, said, “Discussions are underway for adding the nuclear capacity. This is the new thing that you would probably be hearing that we […] Read more
