JSW Energy To Buy Renewable Portfolio Of London Based Mytrah Energy Updated On Tue, Aug 16th, 2022 by Saurenergy Sajjan Jindal-led JSW Energy has inked a pact for the acquisition of the 1,753 MW renewable energy portfolio of Mytrah Energy. The deal comes at a price of Rs 10,530 crore. This is the largest acquisition ever by JSW Energy in this segment. The information has been revealed by JSW Energy in a regulatory filing. […] Read more
Canada, Germany All Set To Ink New Hydrogen Deal Updated On Tue, Aug 16th, 2022 by Saurenergy Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz are set to enter into an agreement on green hydrogen on August 23 at Stephenville. Once approved, this agreement will prove to be a turning point for Canada’s nascent hydrogen industry. Under the agreement, World Energy GH2, a Newfoundland-based company is planning to develop the […] Read more
German Energy Major RWE Invests USD 2 Billion In Renewables, Sees Profits In H1 Updated On Tue, Aug 16th, 2022 by Saurenergy In 2021, the German energy giant RWE onshore renewables segment underwent a significant overhaul. The division returns to profitability in the first half of 2022 after a weak first half of the 2021 result. The company claims that it invested €2 billion (US$2.04 billion) in the growth of its green portfolio during the first half […] Read more
Inflation Reduction Act (IRA) 2022: A Bill To Make US ‘The Clean Energy Leader’ Updated On Tue, Aug 16th, 2022 by Saurenergy On August 7, 2022, the US Senate approved a Bill titled the Inflation Reduction Act (IRA) 2022 after a series of discussions and debates between the Democrats and Republicans. What makes the Bill more interesting is its special focus on climate friendly provisions. Climate action has been a priority ever since President Joe Biden came […] Read more
Solar Investment Fund SolRiver Capital Invests In Korsail Energy Updated On Tue, Aug 16th, 2022 by Saurenergy US-based solar developer, Korsail Energy has announced recently that the company has received a significant development finance commitment from the US-based renewable energy investment fund SolRiver Capital. According to Korsail, the company will complete its 2 GW worth of solar and storage projects with the help of this investment. Korsail Energy said, “With the help […] Read more
BREDA Issues Tender For Solar With Battery Energy Storage Solution In Bihar Updated On Tue, Aug 16th, 2022 by Saurenergy Bihar Renewable Energy Development Agency (BREDA) has issued a tender for engagement of consulting firm for providing consultancy services for setting up 200 – 250 MW solar power plants with Battery Energy Storage Solution at each Kajra (Lakhisarai) and Pirpainti (Bhagalpur) locations in the state of Bihar. The last date for submitting the online bid […] Read more
Ford Motors Signs 650 MW PPA With US Energy Company DTE Energy Updated On Fri, Aug 12th, 2022 by Saurenergy America-based automobile manufacturer giant, Ford Motors Company has announced that it will soon be able to credit 100% of its electricity supply in Michigan to sustainable energy thanks to a new clean energy deal with DTE Energy. By the new deal disclosed today, DTE will increase Ford’s solar energy capacity in Michigan by 650 megawatts […] Read more
Leading RE Producer EDF Energy Takes Solar Storage Project Online Updated On Fri, Aug 12th, 2022 by Saurenergy The 457 MW solar “Palen Solar Project” by EDF Renewable Energy, a leading renewable energy producer based out of the UK, has reached full power operation. The solar project is situated on public land in Riverside County that the US Bureau of Land Management (BLM) has determined to be suitable for the development of renewable […] Read more
Energy Storage Developer NineDot Energy Unveils Battery Storage Site In New York Updated On Fri, Aug 12th, 2022 by Saurenergy Community scale clean energy developer, NineDot Energy has unveiled its first battery energy storage site in the Bronx, New York City. The site is equipped with a 3.08 MW Tesla Megapack system, a solar canopy, and infrastructure ready for bi-directional electric vehicle chargers. NineDot said that combined with its large pipeline, this project also supports […] Read more