Arevon Energy Secures 2 GW Supply of American Solar Modules Updated On Mon, Oct 31st, 2022 by Saurenergy To support its expanding portfolio of renewable energy sources, a US based renewable energy leader Arevon Energy has enterted into a contract with First Solar for supply of sophisticated Series 7 thin film photovoltaic (PV) solar modules totaling more than 2 GW DC. A little more than 700 MW DC of the total volume secured […] Read more
PE Investments in Electrical Vehicles Could Reach $1 Billion in 2022 Updated On Mon, Oct 31st, 2022 by Saurenergy As consumers see new policy measures and the rising price of fossil fuels pushing the adoption of green mobility, experts predict that private equity investments (PE Investments) in India’s electrical vehicle (EV) market could top $1 billion this year. During the nine months leading up to the end of September, investors invested $904 million through […] Read more
Norwegian Firm Equinor’s RE Unit Reports Losses in Q3 2022; Net Operating Loss at US$56m Updated On Fri, Oct 28th, 2022 by Saurenergy Government-owned Norwegian firm Equinor has shared that it is witnessing expanding losses from its renewables unit. The losses have been reported in the third quarter 2022 as against the corresponding quarter last year. The renewables arm of Equinor recorded a net operating loss of US$56m in the quarter- more than twice the figure in the […] Read more
RRECL Invites RFS for 50 MW Grid-Connected Rooftop Solar Project Updated On Fri, Oct 28th, 2022 by Saurenergy Rajasthan Renewable Energy Corporation Limited (RRECL) has invited requests for the selection of a 50 MW (RFS for 50 MW) grid-connected rooftop solar power plant project at various locations in Rajasthan. These solar plants will be installed on the state government building/state government undertaking building’s rooftops. The last date for submitting the bid for this […] Read more
ENGIE Acquires 6 GW of Solar, Storage Capacity From Belltown Power US Updated On Fri, Oct 28th, 2022 by Saurenergy ENGIE North America has announced it has acquired a 6-GW portfolio of solar, paired and standalone battery storage development projects from Belltown Power US. The transaction includes 33 projects comprising some 2.7 GW of Solar with 0.7 GW of paired storage and 2.6 GW of stand-alone battery storage. Belltown Power looks into the greenfield development […] Read more
NTPC Vidyut Vyapar Nigam Calls for Bids for 21-MW Solar Power Projects Updated On Thu, Oct 27th, 2022 by Saurenergy NTPC owned subsidiary NTPC Vidyut Vyapar Nigam (NVVN) has called for bids for the development of two solar power projects each having a capacity of 10.5 MW in Neemuch, Madhya Pradesh. As per the tender document released by the state owned power generator, Bhopal Municipal Corporation will provide the land for the solar power plants. […] Read more
Polish Energy Firm R Power Secures €30m Financing Agreement Updated On Thu, Oct 27th, 2022 by Saurenergy Poland-based solar developer R Power signed a €30m loan agreement with Eiffel Investment Group to facilitate the establishment of R Power’s solar projects across Europe. The loan was approved from bridge financing funds taken care of by the French investor for a time span of up to 18 months. The agreement also entails an option […] Read more
Four Offshore Farms from Orsted to Double Denmark’s Wind Power Updated On Thu, Oct 27th, 2022 by Saurenergy Denmark-based energy firm Orsted has revealed that it has four new planned offshore wind farms in the works. The wind farms will bring up Denmark’s wind power production to twice its current generation. The initiative will also reduce Denmark’s reliance on Russia for oil and gas. Orsted has joined hands with investment fund Copenhagen Infrastructure […] Read more
European Commission to Allocate €3 Billion for Green Hydrogen Updated On Thu, Oct 27th, 2022 by Saurenergy Europe is ‘practically’ on its way to becoming the largest hydrogen player in the world as the European Commission plans to inject a massive investment in the hydrogen sector. Frans Timmermans, the European Commission Executive Vice President, has announced that €3 billion funds would be allocated from the next Innovation Fund large-scale call to support […] Read more
