Germany’s RWE to Acquire US’ Con Edison CEB at $6.8 Billion Updated On Mon, Oct 3rd, 2022 by Saurenergy Germany-based global renewable energy development company RWE AG has said that it has signed a purchase agreement with Con Edison to acquire its Con Edison Clean Energy Businesses (Con CEB) that operates and develops renewable energy plants in the United States. It has 3 GW of operating capacity with 90 per cent in solar. Con […] Read more
AGEL Commissions 600 MW Capacity of World’s Largest Hybrid Power Plant Updated On Fri, Sep 30th, 2022 by Saurenergy A wind-solar hybrid power plant in Jaisalmer, Rajasthan, with a 600 MW of capacity has been commissioned by Adani Green Energy (AGEL). The hybrid power project has been developed by two subsidiaries, Adani Hybrid Energy Jaisalmer Two and Adani Hybrid Energy Jaisalmer Three. According to the official statement, the project would include 150 MW of […] Read more
Italy Allocates 413 MW Of Renewable Energy Projects In 9th Auction Updated On Fri, Sep 30th, 2022 by Saurenergy In a fresh development, the energy agency of Italy, Gestore dei Servizi Energetici (GSE), has announced the results of the 9th renewable energy auctions of the country. The agency allocated over 413 MW of capacity for renewable energy projects of over 1 MW in size. Out of the total RE allocation, the agency awarded over […] Read more
Amp Energy Collaborates With Ohmium International for 400MW Green Hydrogen Updated On Fri, Sep 30th, 2022 by Saurenergy New Delhi-based renewable energy company, Amp Energy India is collaborating with USA-based green hydrogen company Ohmium International for 400 MW of renewable capacity meant for green hydrogen production. Ohmium will provide the electrolysers for the projects. The deployments, aimed at mid-sized Commercial and Industrial (C&I) projects of 25MW or smaller, are planned to be installed […] Read more
Australia’s AGL Energy Plans to Invest $13B in Renewable Energy by 2036 Updated On Fri, Sep 30th, 2022 by Saurenergy An Australian energy generator and retailer, AGL Energy Ltd. recently announced to spend up to A$20 billion ($13 billion) by 2036 on renewable energy and accelerate the end of coal-fired generating by ten years. The country’s largest electricity producer and highest polluter made a U-turn following a vocal campaign by the top shareholder and billionaire […] Read more
Vattenfall To Develop 1-GW Offshore Wind Farm in Germany Updated On Fri, Sep 30th, 2022 by Saurenergy Vattenfall has announced that it has informed the German Authorities that it has exercised its ‘Right of Entry’ in the N-7.2 Wind Power Project. The right to entry is a part of the tender process for the construction of a large wind farm off the German island of Borkum in the German North Sea coast. […] Read more
TotalEnergies Considers The Possibilities Of The 5X Jump In Value Of AGEL Investment Updated On Fri, Sep 30th, 2022 by Saurenergy Patrick Pouyanne, CEO at French energy major TotalEnergies’ SE has indicated that the firm will consider the possibility of selling a small part of its 20% stake in Adani Green Energy Ltd. At current prices, that stake is worth just around $10 billion. In 2021, the French energy company had paid $2 billion for its […] Read more
ICIS Initiates Europe’s First Market-Linked Renewable Hydrogen Assessments Updated On Thu, Sep 29th, 2022 by Saurenergy ICIS, a global source of Independent Commodity Intelligence Services, has announced that it has launched the first hydrogen price assessments to reflect the market value of renewable electricity. ICIS said that this product will support participants with the intelligence needed to develop a liberalised clean hydrogen market and optimise energy transition resources. ICIS said that […] Read more
Rayzon Was The Second Largest DCR Module Supplier in Residential Rooftop Solar in Gujarat Updated On Thu, Sep 29th, 2022 by Saurenergy While solar has incubated many startups, manufacturing startups are relatively rare in the sector, as manufacturing remains the toughest part of the chain. Rayzon Solar, the Gujarat based startup that started in 2017 with a 40 MW capacity has expanded to 1.5 GW since then, with plans to go all the way to 5 GW […] Read more