496 MW Wind Project in France Reaches FID and Construction State: Ocean Winds Updated On Mon, Apr 10th, 2023 by Saurenergy Renewable energy developer Ocean Winds has announced that a $2.5 billion final investment decision (FID) has been taken regarding an offshore wind energy project in France. Ocean Winds, Sumitomo Corporation, Banque des Territoires and Vendée Energie who form ‘Eoliennes en Mer des îles d’Yeu et de Noirmoutier’ (EMYN) have made the announcement about the Îles […] Read more
Asian Infrastructure Investment Bank Funds Masdar Solar Projects in Uzbekistan Updated On Mon, Apr 10th, 2023 by Saurenergy The Asian Infrastructure Investment Bank (AIIB) has signed three new project finance loan agreements in the aggregate amount of $83.6 million as part of a $396.4 million debt financing to Masdar for the construction of three greenfield solar PV power plants in Samarkand, Djizzakh and Surkhandarya regions of Uzbekistan. Masdar has said that the Asian […] Read more
KSEB Gets Nod for KfW Funding for Green Energy Corridor Projects Updated On Thu, Apr 6th, 2023 by Saurenergy The Kerala State Electricity Board (KSEB) has received the green signal from the German development bank, KfW, for securing a loan for the Green Energy Corridor (GEC) project that it is implementing. The signatories of the pact will be the State government, KSEB and KfW. It may be recalled that the Central government and KfW […] Read more
EBRD, GCF Support 500 MW Wind Farm In Egypt; To Be Largest In Africa Updated On Thu, Apr 6th, 2023 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has issued a senior secured loan of up to $100 million to Red Sea Wind Energy for the development, construction and operation of a new 500 MW onshore wind farm located in the Gulf of Suez area in Egypt. The loan consists of a portion of up […] Read more
Octopus Energy Enters Asian Market With 250 MW Solar Push in Japan Updated On Wed, Apr 5th, 2023 by Saurenergy London headquartered renewable player Octopus Energy has entered the Asian market. The generation arm Octopus Energy that manages £6bn green energy assets globally has announced its investment in Yotsuya Capital, an innovative solar developer in Japan, with the aim to accelerate Japan’s energy transition. Octopus Energy said that it already has projects in the pipeline […] Read more
China’s Solar Supply Chain Humming With Orders As Local Manufacturers Race To Meet Demand Updated On Wed, Apr 5th, 2023 by Saurenergy China’s dominance of the solar supply chain has lifted firms across the sector, from polysilicon to modules. For now, it is firms focused on solar wafers that are grabbing attention, as cell manufacturers have run up against stronger than expected demand. Firms in Jiangsu province, a key hub for solar manufacturing have been reporting record […] Read more
NextEnergy, Statkraft Sign PPA For 210 MW Portuguese Solar Projects Updated On Wed, Apr 5th, 2023 by Saurenergy NextEnergy Capital, a UK based global solar specialist in the renewables sector, has announced the signing of a PPA in Portugal with Statkraft AS, a Norwegian state owned utility. The three solar plants owned by NextPower III ESG, an international solar fund managed by NextEnergy Capital, have a total installed capacity of 210MW and are […] Read more
Nordex Group Bags 106 MW Lithuanian Wind Turbine Order Updated On Wed, Apr 5th, 2023 by Saurenergy German wind turbine maker and seller, Nordex Group has announced that it has signed a contract with renewable energy developer E energija group for the supply and installation of wind turbines for a 106 MW wind project in Lithuania. Nordex Group said that the contract was signed March end. The order includes supply, delivery, and […] Read more
Jakson Group Poised for Manufacturing Expansion Through Agreement with Jinchen Corp Updated On Tue, Apr 4th, 2023 by Saurenergy Indian energy group Jakson Group, has signed an agreement with Jinchen Corp, a turnkey supplier of advanced solar module manufacturing equipment and technology in China. The association is a step forward in Jakson Group’s targets to expand its solar PV manufacturing capacities further in India upto 3 GW annually. It will also strengthen its plans […] Read more
