Brookfield, EIG Consortium Ink Pact to Acquire Origin Energy for A$18.7bn Updated On Wed, Mar 29th, 2023 by Saurenergy A consortium comprised of Brookfield Renewable Partners, together with institutional investors GIC and Temasek, and MidOcean Energy of leading investor EIG will be acquiring 100% shares of Origin Energy Limited. The parities have signed a Scheme Implementation Deed. Origin Energy is Australia’s largest integrated power generator and energy retailer. The Scheme values Origin at an […] Read more
Green Energy Trading Continues Fall on IEX In February Updated On Mon, Mar 6th, 2023 by Saurenergy In its February power trading release, the Indian Energy Exchange (IEX) has disclosed that it enabled trading for 341 million units (MU) of renewable energy in February 2023, a 2% decrease month-over-month (MoM) (347 MU) over the previous month and a 25% year-over-year (YoY) decrease. The average daily trading volume on the exchange increased by 5% […] Read more
Malaysia’s Gentari Marks Entry into Australia With Acquisition of Wirsol Energy Updated On Fri, Feb 17th, 2023 by Saurenergy Malaysian clean energy company Gentari has concluded the acquisition of Wirsol Energy and its assets from the Australia-based Wircon Group. Wirsol owns as well as operates projects in renewable energy and storage projects across New South Wales, Victoria and Queensland. The acquisition marks Gentari’s entry into Australia’s renewable energy market. Wirsol Energy’s portfolio entails 422 […] Read more
ISA Hosts 13 African Countries to Share Best Solar Practices In Delhi Updated On Wed, Feb 15th, 2023 by Saurenergy The International Solar Alliance (ISA), in collaboration with Grid Controller of India Ltd (Grid-India) and West African Power Pool (WAPP), is hosting delegates from the West African Region in New Delhi from 14th to 18th February. About 60 participants from thirteen WAPP countries that include Burkina Faso, Gambia, Ghana, Guinea, Liberia, Mali, Niger, Nigeria, and […] Read more
HPX Concludes 1st e-Reverse Auction Updated On Tue, Feb 14th, 2023 by Saurenergy Hindustan Power Exchange Ltd. (HPX), India’s third power exchange that counts PTC India Ltd, Bombay Stock Exchange, and ICICI Bank among its key backers has successfully concluded its 1st e-Reverse Auction (e-RA) based long duration contract for Indian Railways on February 12. The exchange simultaneously logged its highest single day volume of 36.18MUs. The first […] Read more
New Zealand’s First Big Battery Project of 200MWh & Solar Farm in Offing From TotalEnergies Updated On Thu, Jan 19th, 2023 by Saurenergy Saft, a subsidiary of French energy major, TotalEnergies, has bagged a project to establish New Zealand’s first big grid-connected battery. Saft was contending against Tesla and Fluence for the 100MW and 200MWh Ruakākā battery contract, which is worth $NZ186 million. The formal announcement for the project came in December 2022 from Meridian, which is the […] Read more
Toyota Material Handling France & Alight Join Hands for Rooftop Solar Plant Updated On Wed, Jan 11th, 2023 by Saurenergy Toyota Material Handling France (TMHFR), a leading firm in materials handling equipment, has entered into a Power Purchase Agreement (PPA) with the solar energy firm Alight. Under the power purchase agreement (PPA), Alight provides solar energy to TMHFR at its facility in Bussy-Saint-Georges Paris, France. Alight develops, owns and manages the rooftop photovoltaic plant at […] Read more
IEX December Power Trading Update Updated On Thu, Jan 5th, 2023 by Saurenergy India’s premier energy exchange, The Indian Energy Exchange, has achieved 8452 MU total volume in December 2022, including Green Power trade of 377 MU, and 4.87 lac RECs (equivalent to 487 MU). The total electricity volume on the Exchange in December ’22 was 7964 MU, an increase of 8% on MoM and 4% on YoY […] Read more
HPX Achieves 1 Billion Units Trading Milestone Updated On Tue, Dec 27th, 2022 by Saurenergy Hindustan Power Exchange Ltd. (HPX), India’s newest power exchange promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, has reached the milestone of 1 Billion units of power traded within six months of its launch. The milestone has come on the back of over 360 market participants. HPX has also raced to register […] Read more
