Sterlite Power Completes Sale of Novo Estado Project to ENGIE’s Brazilian Arm Updated On Thu, Mar 12th, 2020 by Saurenergy One of the leading global developers in the power transmission space Sterlite Power has successfully completed the sale of its Novo Estado project in Brazil to French multinational electric utility company ENGIE’s arm in Brazil. The Vedanta Group company, Sterlite Power, has informed that, the sale process of Sterlite Novo Estado Energia S.A. (Novo Estado) […] Read more
Off-Grid Energy key to Power Growth in Emerging Markets: WoodMac Updated On Thu, Mar 12th, 2020 by Saurenergy A new analysis from Wood Mackenzie has predicted that the next decade presents a huge opportunity for the off-grid energy access sector. An estimated 420 million people now use standalone off-grid solar and another 47 million people rely on mini-grids for access to electricity. While investments in energy access have rapidly accelerated since 2016, total […] Read more
Ignitis Borrows EUR 60 Mn From EIB for its First Wind Farm Updated On Thu, Mar 12th, 2020 by Saurenergy EIB has signed a loan agreement with Pomerania Wind Farm, a subsidiary of Ignitis Renewables for the construction and operation of a 94 MW wind farm More wind farms will see the light near the Baltic coast in Poland. The European Investment Bank (EIB) has signed a loan agreement with Pomerania Wind Farm, a subsidiary […] Read more
TenneT Secures EUR 250 Mn Loan for Offshore Wind Transmission Link Updated On Thu, Mar 12th, 2020 by Saurenergy TenneT has secured EUR 250 million loan to enable the transmission of rapidly growing amounts of offshore wind energy to users in the Netherlands and beyond The European Investment Bank (EIB) has signed a EUR 250 million loan agreement with TenneT Holding. The financing will be used for the western section of TenneT’s “Zuidwest 380 […] Read more
Iberdrola Takes 100% Ownership in 496 MW Offshore Wind Project Updated On Wed, Mar 11th, 2020 by Saurenergy Iberdrola has assumed 100 percent ownership of Ailes Marines, which is developing, constructing & operating the 496 MW Saint-Brieuc offshore wind farm in France. Iberdrola has increased its ambition in the offshore wind industry, following the conclusion of an agreement to take 100 percent ownership of Ailes Marines. The company is developing, constructing and operating […] Read more
ITI Limited Tenders for Procurement of Solar Power Under Open Access Model Updated On Wed, Mar 11th, 2020 by Saurenergy ITI Limited has issued a tender to procure solar power for one of its premises in Bengaluru through a long term PPA under the 3rd party Open Access model. ITI Limited, India’s first PSU, plans to enhance the use of renewable energy in its Data centre facility to bring it under the “Green Data Centre” […] Read more
REIL Tenders for 3.6 MW Rooftop Solar Projects in Bhopal Updated On Wed, Mar 11th, 2020 by Saurenergy REIL has issued a tender for setting up 3.6 MW grid-connected rooftop solar PV projects in Mandideep, Bhopal Rajasthan Electronics & Instruments Limited (REIL) has issued a tender, inviting bids from interested bidders for setting up 3.6 MW grid-connected rooftop solar PV projects in Mandideep, Bhopal (Madhya Pradesh). The scope of work for the selected […] Read more
Goldman Sachs Forms JV to Develop Distributed Solar Projects Updated On Wed, Mar 11th, 2020 by Saurenergy US -based TELOS Clean Energy has announced the closing of a JV with Goldman Sachs to develop, construct, own, and operate distributed solar power projects. TELOS Clean Energy has announced the closing of a joint venture (JV) with Goldman Sachs’ Alternative Energy Investing Group to develop, construct, own, and operate distributed solar power projects. The […] Read more
Atlas and Anglo American Sign Largest Bilateral Solar PPA in Brazil Updated On Wed, Mar 11th, 2020 by Saurenergy Atlas Renewable Energy and British mining company Anglo American have announced the signing of the largest solar energy PPA in Brazil Atlas Renewable Energy, a leading renewable energy company in Latin America along with British mining company Anglo American Plc, a leading global mining company, have announced the signing of the largest solar energy purchase […] Read more
