Austria Development Bank Invests In RE Firm AMPIN Energy Updated On Sat, Mar 30th, 2024 by Saurenergy Renewable energy transition company AMPIN Energy Transition has announced an investment from OeEB, the Development Bank of Austria. OeEB will be investing EUR 25 million in long-term financing to support AMPIN Energy Transition in further expanding its renewable energy portfolio and establishing a local 1GW solar cell and module production facility in the state of […] Read more
Navitas Solar Partners With RCB As Renewable Energy Partner For T20 Updated On Thu, Mar 28th, 2024 by Saurenergy Solar panel manufacturing company Navitas Solar has signed a new partnership with one of the IPL T20 teams—Royal Challengers Bangalore (RCB). Navitas Solar decided to establish a collaboration with Royal Challengers Bangalore as the renewable energy partner during T20 season 2024, said a media statement by Navitas Solar. Mr. Rajesh Menon, Vice President & Head […] Read more
NTPC, JBIC Collaborate To Finance Renewable Energy Project In India Updated On Wed, Mar 27th, 2024 by Saurenergy Japan Bank for International Cooperation (JBIC) Governor, HAYASHI Nobumitsu has signed a loan agreement that amounts to up to JPY15 billion of which JBIC’s portion is JPY9 billion, with NTPC Renewable Energy Limited (NREL) of India. The loan is co-financed with Sumitomo Mitsui Banking Corporation and the Bank of Fukuoka, Ltd. JBIC also claims to […] Read more
JSW Renewable Energy Acquires 45 MW Maha Wind Farm From Reliance Power Updated On Wed, Mar 27th, 2024 by Saurenergy JSW Renewable Energy, a subsidiary of JSW Neo Energy has acquired a 45 MW Vashpet wind project from Reliance Power in Maharashtra’s Sangli. The company announced the acquisition from Reliance Power and further said that the transaction has been executed as a going concern on a slump sale basis. JSW Energy aims to achieve 20 […] Read more
Arevon Inks Deal With San Diego Community Power For Avocet Energy Storage Updated On Wed, Mar 20th, 2024 by Saurenergy US-based renewable energy developer Arevon Energy has announced it has entered into a 15-year energy storage service agreement with San Diego Community Power (SDCP), California’s second-largest community choice aggregator, for the full capacity of the Avocet Energy Storage Project. The project is a 200-megawatt (MW)/800 megawatt-hours (MWh) stand-alone battery energy storage system (BESS) located in […] Read more
US Invests $44 Million In Grid Connected Renewable Energy Projects Updated On Wed, Mar 20th, 2024 by Saurenergy The US Department of Energy (DOE) has announced the selection of eleven projects to receive $34 million for tools to advance a clean, reliable electricity grid run on wind and solar energy. DOE also announced a new $10 million funding to streamline the interconnection of clean energy to the grid. Together, these initiatives are estimated […] Read more
Korkia & Econous Green Energy Partner To Develop 600 MW Solar Power In Romania Updated On Tue, Mar 19th, 2024 by Saurenergy Korkia and Romania-based renewable energy developer Econous Green Energy have set up a partnership to develop 600 MW of solar energy in Romania. Initial projects are expected to be licensed and ready for construction in 2025. According to a media statement by Korkia, 600 MW of photovoltaic capacity means approximately 780,000 MWh of electricity production, […] Read more
Responsible Renewable Energy Summit focuses on social good, circularity & ecological aspects of RE expansion in India Updated On Fri, Mar 15th, 2024 by Saurenergy To foster dialogue about India’s rapidly advancing renewable energy landscape, the Responsible Energy Initiative convened its annual “Responsible Renewable Energy Summit 2024,” in New Delhi. The event drew active engagement from senior government officials, stakeholders in the renewable energy sector, investors, intellectuals, policymakers, research institutions, and energy specialists. The event was organised by Responsible Energy […] Read more
West Bengal Can Save Rs 62,000cr By Roping In Renewables: Report Updated On Tue, Mar 12th, 2024 by Saurenergy A report by think tank Climate Risk Horizons (CRH) suggests that West Bengal can save thousands of crores in the coming decade by moving away from coal and towards clean energy. The savings accrue through a combination of measures such as the retirement of older, more expensive coal power plants; diverting investment planned for new […] Read more
