OYA Renewables Secures $216 Million For New York Community Solar Pipeline Updated On Thu, Mar 2nd, 2023 by Saurenergy US based energy transition solutions platform OYA Renewables has announced that it has secured a total of $216 million in financial backing for the construction of as many as 15 community solar development projects throughout the state of New York. This is expected to give a fresh push to community based solar power in the […] Read more
EDF Renewables Acquires 529 MWp Solar Portfolio from MEC Energy in Germany Updated On Wed, Mar 1st, 2023 by Saurenergy Global renewable energy player EDF Renewables has acquired 17 greenfield solar photovoltaic projects with a total capacity of 529 MWp from MEC Energy, a renewable project developer based in Germany. In the transaction, Capcora, a German consulting company, acted as the exclusive sell-side M&A advisor MEC Energy which is a German project developer and part […] Read more
Spain’s Repsol Acquires 250 MW of Wind & Solar Assets from Germany’s ABO Wind Updated On Wed, Mar 1st, 2023 by Saurenergy Spanish multinational energy firm Repsol has purchased 250 MW of renewable assets from German developer ABO Wind in Spain that come in the face of three wind farms and two solar plants. With the acquisition of these projects, the renewable portfolio of Repsol in Spain now totals 3,200 MW. The three wind farms, totalling 150 […] Read more
RWE, Northland Power Select Vestas for 1.6 GW Offshore Wind Cluster Updated On Wed, Mar 1st, 2023 by Saurenergy Global wind energy developers RWE and Northland Power have announced that they are making significant progress on the deployment of their Nordseecluster. The companies have selected Vestas as the preferred supplier for their up to 1.6-gigawatt (GW) cluster consisting of four offshore wind farm sites in the German North Sea. RWE said that a minimum […] Read more
NTPC Transfers 15 Renewable Energy Assets Worth Over Rs 10,000 Cr to Subsidiary NGEL Updated On Wed, Mar 1st, 2023 by Saurenergy India’s largest power utility NTPC has transferred 15 renewable energy assets worth Rs 10,0066.99 cr to its wholly-owned subsidiary, NGEL (NTPC Green Energy Ltd). The transfer was achieved under a Business Transfer Agreement under the aegis of the National Monetization Pipeline (NMP) of Government of India. The NMP sets mandate for the transfer of revenue […] Read more
PGVCL Invites Proposal for 921 MW Solar Projects Under PM-KUSUM Component C Updated On Wed, Mar 1st, 2023 by Saurenergy Paschim Gujarat Vij Company (PGVCL) has invited proposals for the development of 921 MW of solar projects under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program. The last date for submitting online bids is March 17, 2023 The scope of work in the project involves- Converting 11 kV feeders […] Read more
JK Cement to Offtake Green Energy from CleanMax’s Wind & Solar Farm Updated On Tue, Feb 28th, 2023 by Saurenergy JK Cement and CleanMax Enviro Energy Solutions have entered into a power purchase agreement (PPA) for 6.42 MW wind – solar generation capacity in the state of Karnataka. CleanMax delves into C&I renewable energy. As per the PPA, green energy will be provided from CleanMax’s wind-solar farm in Jagalur, Karnataka to JK Cement’s Muddapur factory. The […] Read more
Himachal Pradesh Allows Non-Himachal Pradesh Solar Power Generators to Establish Projects Updated On Tue, Feb 28th, 2023 by Saurenergy It looks like that Himachal Pradesh is acting in letter and spirit to make the state truly the first ‘Green State’ of India by the middle of this decade. In a new but significant move, Himachal Pradesh’s nodal agency for renewable energy programmes – Himurja – has now decided to allow power producers from outside […] Read more
USA’s Ameresco to Acquire Italy’s Enerqos to Expand Portfolio in Europe Updated On Tue, Feb 28th, 2023 by Saurenergy US-based Ameresco, a developer, owner and operator of renewable energy has revealed that it has signed an agreement aimed at the acquisition of ENERQOS Energy Solutions S.r.l. ENERQOS is a renewable energy and energy efficiency firm that is based in Milan. With the acquisition, Ameresco’s expansion of portfolio in clean energy projects and solutions all […] Read more