Hitachi Energy Wins NTPC REL Contract for Supplying Transformers Updated On Tue, Oct 25th, 2022 by Saurenergy Hitachi Energy India has revealed that it has bagged a contract by NTPC Renewable Energy (NTPC REL), which is a wholly owned subsidiary of NTPC. Under the contract, Hitachi will supply power transformers to NTPC for its 4.75 GW renewable energy park in the offing in Gujarat. This will be part of India’s largest solar […] Read more
Shizen Energy, CDPQ to Invest $474 Mn in RE in Japan & Outside Updated On Tue, Oct 25th, 2022 by Saurenergy Shizen Energy, a renewable energy leader in Japan, and CDPQ, a Canada-based global investment group, have announced a JPY 20-billion ($135 million) investment in Shizen Energy. The two companies have also agreed to a co-investment framework, which will involve potential investments of another $339 million by CDPQ. The official statement has held that the investment […] Read more
Jakson Green In MoU To Develop $ 2.8 Billion Green Ammonia and Hydrogen Project in Rajasthan Updated On Tue, Oct 25th, 2022 by Saurenergy Jakson Green, the new energy transition platform backed by the Jakson Group, has signed a Memorandum of Understanding (MOU) with the Government of Rajasthan to invest about Rs 22,400 Crore in the State to set up a Green Hydrogen & Green Ammonia project in phases. The MoU was signed by Vish Iyer, Global Chief Commercial […] Read more
Baseload Capital Raises $24 Million To Bolster Geothermal Energy Updated On Fri, Oct 21st, 2022 by Saurenergy Swedish climate investment firm Baseload Capital has made a $24 million investment in geothermal energy. Thanks to a $25 million loan facility it secured with Sustainable Development Capital of London in the spring, Baseload Capital has received more than $45 million. While the credit allows for flexible financing for the commissioning of future geothermal power […] Read more
Saurabh Agrawal: New Chairman of Tata Power Renewable Energy Segment Updated On Fri, Oct 21st, 2022 by Saurenergy The board of Tata Power Renewable Energy was restructured by the Tata group recently, with the director of Tata Sons Saurabh Agrawal taking over as chairman. Three new directors were added to the board, including Eduard Ruijs, Managing Director and Head of the London-based BlackRock Global Infrastructure Fund team. The board also welcomed Rajiv Mehrishi, […] Read more
Suzlon Energy Rs 1200 Crores Rights Issue Oversubscribed 1.8x Times Updated On Fri, Oct 21st, 2022 by Saurenergy Suzlon Energy Limited, one of India’s top producers of wind components based on capacity, and one of the top renewable energy O&M service providers based on capacity served, recently announced the successful completion of the Rs. 240 crores partially paid-up equity share rights issue (the “Rights Issue”) that was first announced on October 11, 2022. […] Read more
Octopus Energy Partners with Nexta for 1.1 GW Renewables in Italy Updated On Thu, Oct 20th, 2022 by Saurenergy UK-based wind and solar farms builder Octopus Energy Generation has said that it will enter Italy’s green power market by investing in renewable energy developer Nexta. Octopus held that the move will help the country wean itself off gas and lower future energy bills. As per the official statement, Octopus Energy Development Partnership (OEDP) is […] Read more
Indian Market Is The Biggest Market For Solar; Will Continue To Be: MNRE Min R K Singh Updated On Wed, Oct 19th, 2022 by Saurenergy The press conference for the fifth assembly of the International Solar Alliance (ISA) held in New Delhi, was led by the MNRE Minister R K Singh, who shared significant insights on the work being done by the organisation while also shedding light on several aspects of the Indian solar industry that are gaining momentum. Here […] Read more
Insurer Claims US Renewables Suffered Worst Summer of Losses Updated On Wed, Oct 19th, 2022 by Saurenergy GCube insurance, a leading underwriter for renewable energy projects has highlighted the financial impacts of Extreme Weather and Natural Catastrophe events that are outpacing the development of mitigation strategies in the North American renewables market. That might mean that insurance premiums will also keep pace with the overall rise in costs the industry, particularly solar […] Read more
