Shell & Green Tie Capital’s Solar Project in the Offing in Spain Updated On Wed, Sep 7th, 2022 by Saurenergy Global energy conglomerate, Shell plc, and Green Tie Capital- investment and development services provider related to renewable energy, have decided to work together to develop more than 2 GW of solar projects in Spain. It is anticipated that the initiatives will progress all over Spain. Nickel Asia Corp (NAC) subsidiary Emerging Power (EPI) and Shell […] Read more
Pakistan Looks to Add 9000 MW Solar on Priority to Address Energy Crisis Updated On Tue, Aug 30th, 2022 by Saurenergy The Pakistan government, stung by a persisting power crisis that has brought both outages and spiraling power costs in its wake, has finally changed course to add more solar to its grid. While announcing plans to target 14,000 megawatts of solar capacity this year, the country is seemingly making up for lost time. We have […] Read more
Major APTEL Relief For Maharashtra Wind Developers Updated On Mon, Aug 22nd, 2022 by Saurenergy In an order marked as much by the final order as adverse comments and notings on two key Maharashtra government undertakings, namely MSEDCL and MEDA, APTEL (Appellate Tribunal for Electricity) has provided relief to multiple wind developers in the state. In doing so, APTEL has also seen fit to note that even MERC (Maharashtra Electricity […] Read more
Hy2gen, Technip Energies Begin Feasibility Studies On Renewable Fuels Updated On Wed, Aug 17th, 2022 by Saurenergy Germany based company Hy2gen, which builds and operates plants for green hydrogen production and France based Technip Energies- a leading provider of services for low carbon energy market, have said that they are launching the feasibility studies phase for the Hynovera project in Meyreuil, Bouches-du-Rhône, France. The project aims to produce renewable fuels for aviation […] Read more
Property Manager CBRE To Focus On Solar, Battery Storage Updated On Tue, Aug 16th, 2022 by Saurenergy Real assets investment management company, CBRE Investment Management has shared the news of launching a sustainability initiative that looks at escalating the development of solar projects within its direct logistics portfolio. The present portfolio of the company spans 17 countries in the world and covers more than 600 assets, 200 million sq. ft. and $30.2 […] Read more
Chicago Sets Sights On Acquiring 100% Renewable Energy By 2025 Updated On Wed, Aug 10th, 2022 by Saurenergy The city of Chicago in the USA has committed to acquiring 100% renewable energy by 2025 for use in all city facilities and activities, and as the first step in that process, has reached an agreement with electricity provider Constellation for the purchase of renewable energy. A 593MW solar PV plant will be built by […] Read more
Actis Buys 400MW Solar Assets Of Kolkata-Based Atha Group Updated On Wed, Aug 10th, 2022 by Saurenergy In a key development, Actis LLP has emerged successful in the bid to obtain solar power based assets of 400 MW from Kolkata-based Atha Group. The equity value had been pegged at $100 million. As per reports, sale purchase agreement is already inked between the two companies. The deal of the solar power assets is […] Read more
Shell Completes Acquisition Of Renewables Platform Sprng Energy Group Updated On Tue, Aug 9th, 2022 by Saurenergy Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed 100% acquisition of Solenergi Power Private Limited and along with it, the Sprng Energy Group of Companies from Actis Solenergi Limited (Actis)- a leading global investor in sustainable infrastructure Sprng Energy, set up in 2017 by Actis, is a renewable energy […] Read more
Reliance’s Ambani Singles Out Green Initiatives As Game Changer In Message To Shareholders Updated On Mon, Aug 8th, 2022 by Saurenergy Mukesh Ambani, Chairman and Managing Director at Reliance Industries, in his annual message to shareholders, has highlighted progress on the group’s green energy initiatives as a key area to watch for the future. The group, which had announced a commitment to invest $10 billion into it’s new energy initiatives in 2021, has made significant progress […] Read more