BII, FMO Lends BECIS US$50 Mn To Support RE Projects In South East Asia Updated On Mon, Apr 15th, 2024 by Saurenergy British International Investment (BII), and FMO, recently announced a joint loan commitment of US$50 million to BECIS, an energy-as-a-service (EaaS) provider in South-East Asia. The joint financing facility will be used to fuel BECIS’ expansion and back their energy solutions across Vietnam, the Philippines, Indonesia, Thailand, Malaysia and India. This is in response to the […] 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
EU Investigates Distortive Practices By Chinese Solar Companies In Foreign Subsidy Updated On Thu, Apr 4th, 2024 by Saurenergy European Commission has initiated two in-depth investigations under the Foreign Subsidies Regulation (FSR) related to the potential distortive role of foreign subsidies given to bidders in a public procurement procedure. In the investigation, the commission will assess whether the economic operators concerned did benefit from an unfair advantage to win public contracts in the EU. […] Read more
ACWA Signs 25 Years PPA To Develop Wind, BESS Project In Uzbekistan Updated On Mon, Apr 1st, 2024 by Saurenergy Saudi based power company ACWA POWER signed a Power Purchase Agreement (PPA) with National Electric Grid of Uzbekistan. This agreement falls under the Public Private Partnership law in Uzbekistan with the National Electric Grid of Uzbekistan for Nukus 200 MW wind power project along with Battery Energy Storage System (BESS) to be set up in […] Read more
iFOREST Report Sees Potential For More Ambitious Renewable Targets In Assam Updated On Mon, Apr 1st, 2024 by Saurenergy iFOREST a research-based organization, in a recent report on enabling renewable energy in Assam recognized the steps taken by the Assam government to increase renewable energy (RE) penetration. It considered the states progress since the announcement of the Assam Renewable Energy Policy 2022 (AREP 2022) in November 2022. iFOREST’s research indicates the need for accelerated […] Read more
Amazon, East Anglia Three Offshore Wind Farm Sign PPA For 159 MW RE Updated On Thu, Mar 21st, 2024 by Saurenergy Amazon recently agreed to procure 159MW from East Anglia Three, developed by Iberdrola, when the site becomes operational. An American multinational technology company collaborated with Iberdrola, which claims to be one of the world’s largest clean energy companies. Amazon expanded its long-term global clean power partnership by signing a renewable energy power purchase agreement (PPA) […] Read more
DMRC Issues Tender For Solar Projects At Phase-IV Sections Updated On Tue, Mar 19th, 2024 by Saurenergy Delhi Metro Rail Corporation (DMRC) has issued a tender inviting bids for 3.5 MW rooftop solar projects for its Phase-IV network stations that are currently under construction. The tender has been issued under the Renewable Energy Supply Company (RESCO) model. According to DMRC tender, the last date to submit the bids is April 25 while […] Read more
Haier Announces Solar AC For India Soon. 3 Reasons Why It Might Face A Tough Market Updated On Mon, Mar 18th, 2024 by Saurenergy It what will surely rank as one of rarest marketing moves, a product that is already established in neighbouring Pakistan is set to be launched in India as well. Yes, a Solar AC from Haier could be coming to India this summer, as the Chinese firm looks to grab a share of the fast growing […] Read more
BluPine Energy Gets Rs 12.6 Billion Loan For Gujarat Wind Project Updated On Thu, Mar 14th, 2024 by Saurenergy Gurugram-based BluPine Energy has received funding worth Rs 12.6 billion for its 198 MW wind project situated in Gujarat. According to a company statement, the firm won the bid for the project from Gujarat Urja Vikas Nigam’s (GUVNL) auction to purchase power from 500 MW of grid-connected wind power projects. Further, BluPine Energy also stated […] Read more
