ACWA Seals $2.4 Billion Wind Energy PPA With Uzbekistan Updated On Mon, Dec 26th, 2022 by Saurenergy Saudi Arabia-headquartered ACWA Power Company has inked a power purchase agreement (PPA) with the National Electric Grid of Uzbekistan (NEGU) for a value of $2.40 billion. As per the information shared by the ACWA Power in mandatory filing before the Saudi Arabia stock exchange, the deal was inked on 23 December, 2022. According to the […] Read more
Inox Green Announces Intent To Acquire O&M Wind Service Provider Updated On Mon, Dec 26th, 2022 by Saurenergy In a stock exchange filing, INOX Wind subsidiary Inox Green Energy Services Limited (IGESL) is close to the purchase of the majority ownership in a target company, that is a reputable Independent O&M Wind Service Provider with a 230+MW fleet that mostly serves South India. According to the firm, this acquisition is a result of […] Read more
World Bank Approves $311 Million for Renewable Energy in West Africa Updated On Fri, Dec 23rd, 2022 by Saurenergy The World Bank has cleared the Regional Emergency Solar Power Intervention Project (RESPITE) for the West African region with an approval of $311 million that will be financed through its agency – International Development Association (IDA). The new project is expected to benefit the existing and prospective power consumers in the participating countries of Chad, […] Read more
Senior Engineer Updated On Fri, Dec 23rd, 2022 by Saurenergy As a Principal Consultant, the candidate would report to Head of Section-Project Engineering and Due Diligence in India. There could be travel for 20-30% of time within and outside India. Responsibilities:- Providing senior technical oversight and guidance for engineers and team members in all aspects of due diligence process and scope, including technology reviews, site […] Read more
Scatec India, O2 Power And SJVN Emerge Winners From SECI’s 1.2GW Wind Tender Updated On Fri, Dec 23rd, 2022 by Saurenergy The year end has brought glad news for Scatec India, SJVN and O2 Power, as the three firms emerged with the only allotments from SECI’s 1.2 GW wind energy tender (Tranche XIII) issued in January this year. In terms of actual bids, SJVN was the lowest bidder, having quoted Rs 2.90/unit for a 100 MW […] Read more
Flipkart Commits 100% Renewable Electricity by 2030 for Operations Updated On Thu, Dec 22nd, 2022 by Saurenergy E-commerce giant Flipkart has said that it has become the first Indian e-commerce company to commit to sourcing 100% of its electricity needs from renewable sources for its entire operations by 2030. As a part of this pledge, Flipkart has taken Climate Group’s RE100 commitment, which is a collaboration of the world’s most influential businesses […] Read more
China’s Biggest Energy Storage Facility Goes Live Updated On Thu, Dec 22nd, 2022 by Saurenergy A stand-alone energy storage station that has a capacity of 200 MW/400 MWh has been connected to the grid in China’s Ningxia. Chinese conglomerate behind the project Hithium Energy Storage made the announcement. Xiamen Hithium Energy Storage Technology Co., Ltd., is a high-tech enterprise formally established in 2019, specializing in the R&D, production and sales […] Read more
High Need for Battery Storage to Set Stage for Distributed Energy Storage Systems Updated On Thu, Dec 22nd, 2022 by Saurenergy According to Fact.MR, the global market for distributed energy storage systems is now valued at US$ 4.2 billion and is anticipated to grow quickly from 2022 to 2032, with a CAGR of 9.6%. The market is expected to expand as a result of rising per capita energy consumption and the move toward renewable sources of […] Read more
A$7.8 Bn Deal for Renewable Energy Transmission Infra in New South Wales Updated On Thu, Dec 22nd, 2022 by Saurenergy The provincial government of New South Wales (NSW) has clocked a landmark agreement of A$7.8 billion ($5.2 billion) with the Federal Government to further the renewable energy infrastructure in the province. The deal was announced by Prime Minister Anthony Albanese in the presence of NSW Premier Dominic Perrottet and is aimed at urgently stepping up […] Read more
