Apollo Invests $175 Million in Summit Ridge Energy For Community Solar Projects Updated On Thu, Jul 14th, 2022 by Saurenergy Global conglomerate Apollo Global Management has revealed that it will be making an investment worth $175 million in Summit Ridge Energy, a leading owner-operator of community solar assets. Since it came into being in 2017, Summit Ridge has formed two joint ventures totaling more than $1 billion in permanent project capital. It has also expanded […] Read more
Enphase Energy Joins Hands With Trinity Care Foundation To Support Its ISEIDP Program Updated On Thu, Jul 14th, 2022 by Saurenergy The commissioning of its first project with Trinity Care Foundation’s (TCF) Integrated School Educational Infrastructure Development Program (ISEIDP) has been announced by California-based microinverter manufacturer Enphase Energy. This program is a step by Enphase India in the direction of Corporate Social Responsibility (CSR). The pilot project was launched recently at Karnataka Public School in Kudur, […] Read more
Two-thirds Of New Renewable Power In 2021 Cheaper Than Cheapest Coal In G20: IRENA Updated On Thu, Jul 14th, 2022 by Saurenergy Renewable Power Generation Costs in 2021, published by the International Renewable Energy Agency (IRENA) has stated that almost two-thirds or 163 gigawatts (GW) of newly installed renewable power in 2021 was cheaper than the world’s cheapest power plants, the source of which was coal, in the G20 countries. According to IRENA, the renewable power added […] Read more
Continuum Energy Raises $350 Million For C&I Renewable Market In India Updated On Thu, Jul 14th, 2022 by Saurenergy Singapore-based Continuum Green Energy Ltd, has announced that it has raised $350 million in debt by issuing senior secured floating rate notes to two international institutional investors. The notes have a tenure of 3.5 years and the proceeds will be partly used to refinance debt and finance project construction. The floating rate is linked to […] Read more
Mitsubishi Power To Employ Emerson Technologies for Largest Hydrogen Hub Updated On Thu, Jul 14th, 2022 by Saurenergy In a major announcement, Mitsubishi Power Americas has revealed that it has chosen global software and engineering leader Emerson, for the automation of the world’s largest green hydrogen production and storage facility. The industry-leading hub will facilitate the integration of renewable energy by producing and storing green hydrogen for long duration energy storage. Under the […] Read more
GE Signs Deal With Arafura, Eyes Rare Earths For EV & Wind Turbines Updated On Thu, Jul 14th, 2022 by Saurenergy Arafura Resources Limited and GE Renewable Energy have signed an MoU to forget a partnership in the set up of a sustainable supply chain for Neodymium-Praseodymium (NdPr) central to energy transition. The parties are looking at negotiating a long-term sales agreement for GE to purchase NdPr from Arafura’s Nolans Project in central Australia. The agreement […] Read more
JSW Energy Gets SECI LOA For 300 MW Wind Energy Project Updated On Thu, Jul 14th, 2022 by Saurenergy JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has received Letter of Award (LoA) for a total Wind capacity of 300 MW from Solar Energy Corporation of India Limited (SECI). The company had won the 300 MW capacity at Rs 2.94/unit in the tariff based competitive bid invited by SECI for […] Read more
Wartsila Will Supply Energy Storage To One Of The World’s Largest Solar Plus Storage Project Updated On Wed, Jul 13th, 2022 by Saurenergy Wartsila, a Finland-based technology company, has signed a contract with Clearway Energy Group. Under this contract, Wartsila will provide energy storage devices totaling a 500-megawatt (MWac) / 2-gigawatt hour (GWh) portfolio. The contract encompasses five sites in California and Hawaii and represent one of the largest solar-plus-storage project portfolios in the world. According to Wartsila, […] Read more
IISc Scientists, Bangalore Generate Green Hydrogen from Biomass Updated On Wed, Jul 13th, 2022 by Saurenergy In what could prove to be a gamechanger in the field of renewable energy, the scientists at the Indian Institute of Science (IISc) have innovated a green technology to produce hydrogen from biomass. Experts see it as a great feat as biomass is one of the most abundant renewable energy sources. According to the researchers […] Read more
