Recurrent Energy Secures $70 Million Financing For 152 MW Brazil Solar Project Updated On Thu, Apr 18th, 2024 by Saurenergy Solar and energy storage assets firm Recurrent Energy has announced that it has secured $70 million of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil. The 152 MW Jaiba III project will be financed over 22 years spanning both construction and operation phases. Linked […] Read more
Woochong Um Is CEO At The Global Energy Alliance for People and Planet Updated On Thu, Apr 18th, 2024 by Saurenergy The Global Energy Alliance for People and Planet (GEAPP) has announced the appointment of Woochong Um as its new Chief Executive Officer. Woochong Um will lead GEAPP following his tenure with the Asian Development Bank. GEAPP is a multi-sector alliance created in 2021 to address ending energy poverty and tackling the climate crisis through a […] Read more
Avaada Energy Wins 250 MW Solar-Wind Hybrid Project From NTPC Updated On Thu, Apr 18th, 2024 by Saurenergy Indian renewable energy company Avaada Energy recently announced winning a 250 MW solar-wind hybrid power project in a tender issued by the National Thermal Power Corporation (NTPC). Earlier, NTPC had issued a tender for the selection of hybrid power generators to supply 1000 MW of power through ISTS-connected wind-solar hybrid projects. Avaada Energy secured a 50 […] Read more
Log9 Materials and Zeta Energy Partner For Advanced Battery Systems Innovation Updated On Fri, Apr 12th, 2024 by Saurenergy Battery cell technology and EV Mobility Ecosystem developer, Log9 Materials and Zeta Energy Corp, a lithium-sulfur (Li-S) battery company, announced today a partnership to create the next generation of cells and batteries. The partnership is set to commence on April 21, during Log9’s annual Day Zero anniversary event. According to Log9 Materials, the partnership offers […] Read more
US Clean Energy Firms To Develop 200 MW New York RE Project Updated On Mon, Apr 8th, 2024 by Saurenergy Transatlantic clean energy firm Alternus Clean Energy and Acadia Energy have come together for a joint venture to develop 200 megawatts (MW) of Sustainability Hub microgrid projects in New York State. According to a media statement by Alternus Clean Energy, over the next 2-3 years, the joint venture will concentrate on both developing and managing […] Read more
Dalmia Cement To Pick 18% Stake In Wind Power Firm O2 Renewable Energy Subsidiary Updated On Mon, Apr 8th, 2024 by Saurenergy Indian cement manufacturer Dalmia Cement (Bharat) Limited (‘DCBL’) has announced it has entered into a Share Purchase Agreement (“SPA”), Deed of Accession (‘DOA’), and Power Purchase Agreement (‘PPA’) on April 5 to acquire 18.13% of the equity share capital of O2 Renewable Energy V Private Limited, consisting of 68,99,293 equity shares aggregating to Rs.7.80 crore […] Read more
Sustainable Development Firm Arup Appoints Sachin Chugh As India Hydrogen Lead Updated On Fri, Apr 5th, 2024 by Saurenergy London-based engineering and sustainable development consultancy Arup has appointed Sachin Chugh as the new Hydrogen Lead, in India. In his new role at Arup, Sachin will drive forward the firm’s hydrogen and energy portfolio, leveraging his extensive expertise to deliver cutting-edge solutions that meet the evolving needs of their clients in India, said the company […] Read more
PepsiCo’s Upcoming Facility In Ujjain To Run Entirely On Clean Energy Updated On Wed, Apr 3rd, 2024 by Saurenergy Beverage manufacturer PepsiCo India will establish a manufacturing facility in Ujjain, Madhya Pradesh which will entirely run on renewable energy sources. The company further claims that this will lead to a reduction in carbon footprint by an impressive 1.9 metric tons per day. Spread over 22 acres, this plant will help PepsiCo’s beverage production in […] Read more
Offshore Wind Developer Simply Blue Group Ventures Into Onshore Clean Energy Updated On Mon, Apr 1st, 2024 by Saurenergy Offshore wind project developer Simply Blue Group is developing onshore renewable energy parks to power facilities capable of producing sustainable aviation fuel (SAF). The projects, in Canada, Ireland and Australia will process more than 1.5 million tonnes of sustainable biomass annually to produce over 300,000 tonnes of SAF each year. The company currently has a […] Read more
