Ingka Group (IKEA) Acquires 9 Solar Power Projects in Europe for €340 Million Updated On Thu, Apr 7th, 2022 by Saurenergy Sweden-based Ingka Group, which owns the majority of IKEA stores globally, has announced that it has acquired nine solar power park projects in Germany and Spain for €340 million. The combined capacity of the solar projects comes to 440 MW. The Ingka Group solar has acquired the portfolio from solar power developer ENERPARC. Four solar power projects […] Read more
Japanese conglomerate Mitsui to invest in ReNew Power’s RTC project Updated On Wed, Apr 6th, 2022 by Saurenergy ReNew Power on Wednesday said Japan’s trading firm Mitsui & Co will invest in the Indian firm’s round-the-clock renewable energy project aggregating 1,300 Mw and 100 MWh battery storage. ReNew Power last year signed 400 Mw round-the-clock (RTC) power purchase agreement to supply electricity to Solar Energy Corporation of India (SECI). For the 400 Mw […] Read more
Tata Power Commissions 300 MW Solar plant in Dholera Updated On Mon, Apr 4th, 2022 by Saurenergy Tata Power Renewables Energy Ltd (TPREL), a wholly-owned subsidiary of Tata Power has commissioned a 300 MW project in Dholera, Gujarat. It is India’s largest single-axis solar tracker system. The project will generate 774 MUs annually. The installation entails 873012 nos. of Monocrystalline PV Modules. The project was commissioned well within the stipulated timeline, according […] Read more
Indian Oil, L&T, ReNew Power in JV For Green Hydrogen Updated On Mon, Apr 4th, 2022 by Saurenergy In a bid to enable India’s decarbonization push, Indian Oil Corporation Ltd., (IndianOil), the country’s top refiner and fuel retailer, Larsen & Toubro (L&T), India’s premier engineering & construction conglomerate, and ReNew Power (“ReNew”), India’s leading renewable energy company, announced signing of binding term sheet for the formation of a Joint Venture (JV) company to develop the nascent green hydrogen […] Read more
ENGIE North America Gets $800m Financing for 665 MW Wind, Solar Projects Updated On Fri, Apr 1st, 2022 by Saurenergy ENGIE North America has announced that the company has successfully completed Tax-Equity financing for its Iron Star (Kansas) and Priddy (Texas) wind projects and Equity financing for the portfolio of these assets along with Hawtree solar project. The solar project was recently declared commercially operational. Together the projects total 665 MW. ENGIE says that leading […] Read more
Lightrock Power to Build 400 MW Solar Projects in UK Updated On Fri, Apr 1st, 2022 by Saurenergy After ‘farming friendly’, animal friendly solar is also getting here. Bristol based solar power developer Lightrock Power has announced that the company plans to develop a number of solar projects in the United Kingdom that will be ‘wildlife-friendly.’ The combined capacity of the solar projects will be 400 MW. As per Lightrock Power, these upcoming […] Read more
CIP, NZ Pension Fund Explore Wind Farm To Support 100% Renewable Target By 2030 Updated On Fri, Apr 1st, 2022 by Saurenergy New Zealand Superannuation Fund has partnered with Denmark based Copenhagen Infrastructure Partners (CIP) to explore the potential for large-scale offshore wind farms in the country. The projects may come up in a large bay on the western coast of North Island – South Taranaki Bight. The pension fund can invest $1.75 billion in a wind […] Read more
Maersk Supply Wins Key Order For Wind Turbine Installation Vessel Updated On Thu, Mar 31st, 2022 by Saurenergy Empire Offshore Wind has placed an order with Maersk Supply Service for a new-build wind turbine installation vessel (WTIV) which the company has been designing since 2019. Offshore wind turbine calls upon a lot of the learnings, and resources used for offshore oil drilling, one reason why oil firms prefer to invest in this option […] Read more
Endesa’s €600 million RE park in Portugal to have Solar, Wind and Green Hydrogen Updated On Tue, Mar 29th, 2022 by Saurenergy Enel Group subsidiary Endesa Generación Portugal will develop a renewable energy park that will have solar, wind and green hydrogen projects. This will require an investment of €600 million in the Abrantes region of Portugal. Endesa has also been awarded rights to build a 168.6 megawatt (MW) battery energy storage system (BESS) also that will […] Read more
