Polish Energy Firm R Power Secures €30m Financing Agreement Updated On Thu, Oct 27th, 2022 by Saurenergy Poland-based solar developer R Power signed a €30m loan agreement with Eiffel Investment Group to facilitate the establishment of R Power’s solar projects across Europe. The loan was approved from bridge financing funds taken care of by the French investor for a time span of up to 18 months. The agreement also entails an option […] Read more
Norwegian Energy Associations Norwea, Energi Norge Merge Updated On Thu, Oct 27th, 2022 by Saurenergy Norwegian energy associations Norwea and Energi Norge have combined to create a new entity called Fornybar Norge. The new firm will be a large interest organisation committed to renewable energy in Norway. The said organisation will begin operations from January 1 next year. The merger received approval unanimously after both the companies organised their yearly […] Read more
Levi Strauss Teams up with Walmart, Orsted, Schneider Electric for Wind Energy Project Updated On Thu, Oct 27th, 2022 by Saurenergy American clothing company known for manufacturing denim jeans, Levi Strauss has joined forces with Walmart Inc, Orsted, Schneider Electric for the purchase of percentage of the renewable energy that is to be generated by Kansas-based Sunflower Wind Farm. The financial terms of the agreement have not been disclosed, however, it has been revealed that the […] Read more
First Solar Secures Second GW Scale Solar Module Order from Swift Current Energy Updated On Thu, Oct 27th, 2022 by Saurenergy Leading global provider of PV solar solutions First Solar has revealed that it has entered into an agreement with Swift Current Energy. The agreement will pave the way for First Solar to supply Swift Current Energy with 2 gigawatts (GW)DC of high-performance, thin film solar modules in 2025 and 2026. Swift Current Energy, headquartered in Boston, […] Read more
Germany’s ib vogt Completes 116 MWp Coara Marang Solar Project in Malaysia Updated On Thu, Oct 27th, 2022 by Saurenergy The developer of large-scale turnkey PV plants worldwide, ib vogt has achieved commercial operation (COD) of the 116 MWp Coara Marang Solar Project, in consortium with its Malaysian joint venture partner, Coara Solar Sdn Bhd. COD was reached on September 17, 2022, providing clean solar energy from the photovoltaic plant to the Malaysian electricity grid. […] Read more
Masdar Acquires Arlington for Renewable Energy Storage in UK, Europe Updated On Wed, Oct 26th, 2022 by Saurenergy Renewable energy conglomerate Masdar has announced that it has acquired UK-based battery energy storage system (BESS) developer Arlington Energy that will enable Masdar to expand its presence in the UK and European RE markets and support countries’ net-zero objectives. Arlington Energy delves into developing, building, operating and financing flexible energy solutions; having taken over 170 […] Read more
India to Export Green Energy to Singapore from 2025 Updated On Wed, Oct 26th, 2022 by Saurenergy India’s Greenko Group and Singapore’s Keppel Infrastructure have entered into an agreement on green hydrogen. Under the MoU, the two firms will working on a 250,000 tonne yearly contract for Keppel’s new 600 Mw power plant situated in Singapore. The MoU was signed on the on the sidelines of the Singapore International Energy Week. This […] Read more
European Offshore Wind Companies Push Into Asian Offshore Wind Market Updated On Wed, Oct 26th, 2022 by Saurenergy The world is watching as Chinese companies take on the offshore wind market. As per S&P Global Market Intelligence, Chinese turbines today cost less than half the global average. It places the Chinese in advantageous positions for expansion in less established wind markets such as Latin America and Eastern Europe. Although Chinese offshore wind majors […] Read more
Amazon Sets Up First Wind, Solar Farm in China Updated On Wed, Oct 26th, 2022 by Saurenergy American multinational technological giant Amazon has established first wind farm and solar farm in China to facilitate the production of clean energy. The renewable energy projects set up in China are large-scale and boast of 200 megawatts (MW) of clean energy capacity. Together, these projects are expected to produce 496,000 megawatt-hours (MWh) annually, which will […] Read more