Argeo Signs MoU with Orsted, BlueFloat, Renantis to Survey 1 GW Floating Wind Site Updated On Mon, Mar 20th, 2023 by Saurenergy Norway-based offshore firm Argeo has entered into an agreement with Stromar consortium that comprises of Ørsted, Renantis and BlueFloat Energy. The agreement will pave the way for the Norwegian firm to undertake the geophysical survey of the 1 GW Stromar floating wind site off the Scotland coast that extends to 256sq km. The goal of […] Read more
Mahindra Solarize, Ecofy Collaborate for 500 Solar Rooftops in Retail Segment Updated On Fri, Mar 17th, 2023 by Saurenergy Solar energy firm Mahindra Solarize has announced collaboration with Ecofy to step-up financing and installation of rooftop solar in the retail segment. Ecofy is an NBFC. Mahindra Solarize will help facilitate collateral free loans for solar rooftop installation. This will help in to accelerate green energy adoption in India. Both Mahindra Solarize and Ecofy believe […] Read more
“Penetration In MSME Low, Market Untapped for Solar Rooftop Plant Developers,” Vikas Agarwal, Credit Fair Updated On Fri, Mar 17th, 2023 by Saurenergy With a transition in power consumption patterns worldwide due to climate change and the limitation of fossil fuels, the importance of green sources such as solar energy has increased significantly in the past few years. However, the initial installation cost often is a significant limitation for the widespread adoption of solar technology in residential and […] Read more
Navisun Secures $235 Million to Fuel Solar Projects’ Growth Updated On Tue, Mar 14th, 2023 by Saurenergy Manhattan-based solar energy player Navisun LLC has announced that it has secured up to $235 million in debt financing through two facilities. Navisun is a solar independent power producer that co-develops, acquires, owns, and operates distributed and small utility-scale solar and storage projects. Navisun said that the financing will support its growth strategy, allowing it […] Read more
Chinese Battery Giant CATL Announces 2022 Results, Almost Doubles Profit Updated On Mon, Mar 13th, 2023 by Saurenergy Chinese battery giant Contemporary Amperex Technology Limited (CATL) has announced its financial results and said that it almost doubled its net profit in 2022 due to the booming electric vehicle market at home. CATL said that its net profit increased by 93 per cent to $4.4 billion in 2022 year on year. The company disclosure […] Read more
Plug Power to Design 100 MW Electrolyzer Technology for Uniper Updated On Thu, Mar 9th, 2023 by Saurenergy Germany’s power producer, Uniper has selected Plug Power, a provider of hydrogen solutions for the global green hydrogen economy, to design electrolyzer technology for its Maasvlakte site at the Port of Rotterdam in the Netherlands. As per the deal, Uniper will commission 100 MW of Plug electrolysis capacity to produce green hydrogen by 2026. Towards […] Read more
UK’s Renewable Parts Wins Contract for Offshore Turbine Restoration for Orsted Updated On Thu, Mar 9th, 2023 by Saurenergy UK firm, Renewable Parts, which deals with the refurbishment of wind turbine parts and supplies has shared that it has entered into an agreement with Denmark-based provider of renewable energy, Orsted. As per the agreement, Renewable Parts will supply refurbishment services for operations of offshore wind turbines of Orsted The operations will commence with Orsted’s […] Read more
Denmark’s Copenagen Infrastructure Partners to Develop Wind Projects in India Updated On Mon, Mar 6th, 2023 by Saurenergy Denmark-based investment firm Copenhagen Infrastructure Partners (CIP) has joined hands with Indian firm that develops wind projects, Viviid Renewables for the establishment of over 1.8 GW of renewable energy capacity in India. CIP entered into the agreement through its Copenhagen Infrastructure New Markets Fund I (CI NMF I). The Indian firm and the Danish firm […] Read more
Tender by first half of 2023-24 Under Green Hydrogen Mission Updated On Mon, Mar 6th, 2023 by Saurenergy The Government of India approved the National Green Hydrogen Mission in the month Jan. 2023 with the initial outlay of Rs.19,744 crore, including an outlay of Rs.17,490 crore for the SIGHT (Strategic Interventions for Green Hydrogen Transition) programme, Rs.1,466 crore for pilot projects, Rs.400 crore for R&D, and Rs. 388 crore towards other Mission components. […] Read more
