Enphase Energy Expands Manufacturing Capacity with Flex in Romania Updated On Tue, Apr 5th, 2022 by Saurenergy California-headquartered Enphase Energy, an energy technology company and supplier of microinverter-based solar and battery systems, has announced the expansion of its nearly 15-year relationship with global diversified manufacturer Flex®. Starting in the first quarter of 2023, Flex’s factory in Timisoara, Romania, will begin manufacturing Enphase® microinverters for the European market, addressing the region’s rapid growth […] Read more
British Intl Invt invests $89 M to scale renewable energy in India Updated On Thu, Mar 31st, 2022 by Saurenergy British International Investment, formerly CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced a total commitment of $89 million to scale renewable energy capacity in India. The DFI’s investment is comprised of a Rs 350 crore (US $47 million) follow-on commitment to Fourth Partner Energy, and a Rs 315 crore (US […] Read more
Nuclear, Offshore Wind Power Must for UK’s Energy Independence, says PM Boris Johnson Updated On Fri, Mar 25th, 2022 by Saurenergy UK Prime Minister Boris Johnson has said that the country’s new energy security strategy will be focused on the expansion of nuclear and offshore wind capacity. He said that nuclear power and wind power are necessary for the country’s energy independence and for bringing down the cost of living in future. The Russia – Ukraine […] Read more
The Top 5: India’s Listed Renewable Energy Firms Enjoy A Fine Run At Bourses Updated On Wed, Mar 23rd, 2022 by Saurenergy As India girds up for one of the biggest renewable energy transitions in the world, private sector participation as been a critical pillar of this transition. With ever widening scope and ambitious targets, led and announced by Prime Minister Modi himself, no one has any doubts on the potential growth and future of the renewable […] Read more
Adani Green (AGEL) Raises $288 Million for Renewable Energy Projects Updated On Tue, Mar 22nd, 2022 by Saurenergy Renewable major Adani Green Energy Ltd (AGEL) has raised $288 million afresh from a group of global lenders through green project loan agreements. The facility has been raised to fund the under-construction renewable asset portfolio of the company. AGEL has said through an official statement that the new loan will help the company to initially […] Read more
E2S Power, IPCL Come Together for Energy Storage Solutions Updated On Thu, Mar 17th, 2022 by Saurenergy E2S Power and India Power Corporation Ltd (IPCL) have signed a Memorandum of Understanding (MoU) to collaborate to transform power stations that run on fossil fuel in India into thermal energy storage (TES) systems for renewable energy. E2S Power is a thermal energy storage solutions developer and IPCL is a power utility company. The twin objectives of […] Read more
Netherlands to Float 1.4GW Offshore Wind Energy Tenders Updated On Fri, Mar 11th, 2022 by Saurenergy The Netherlands has announced that it will soon invite bids for the development of two new offshore wind farms with a total capacity of 1400MW. The new projects will be based in the North Sea. On March 9, the Dutch Government published regulations with details about the procedure in the Government Gazette. As per the […] Read more
Vestas Will Discontinue Four Wind Energy Projects in Russia Updated On Wed, Mar 9th, 2022 by Saurenergy Danish wind energy major Vestas will reportedly stop four wind farm projects that are being developed currently in Russia. This is an outcome of the Russian invasion of Ukraine, which had drawn sanctions especially from the US and Europe. The development of the four key wind energy projects commenced by Vestas in September, 2021. These […] Read more
Multi GW RE growth opportunity for Origin Energy this decade, says firm Updated On Wed, Mar 9th, 2022 by Saurenergy Australian oil and gas major Origin Energy Limited (Origin) has announced it intends to undertake an initial on-market share buy-back of $250 million. The share buy-back is expected to commence in April 2022. Origin CEO Frank Calabria said, “Origin is in a strong financial position, with a robust outlook for the business and a capital structure […] Read more