EBRD Steps-Up Wind Power Generation In Uzbekistan With $520 million Funding Updated On Wed, Dec 14th, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has announced a fresh deal to support Uzbekistan’s renewable energy through investment in low-carbon technologies to help align the country’s power-sector development with its commitments under the Paris Agreement. EBRD has said that it has arranged two syndicated loans worth $520 million to help construct and put […] Read more
Saudi Arabia’s PIF Acquires 9.5% Stake in Offshore Wind Player Skyborn Renewables Updated On Wed, Dec 14th, 2022 by Saurenergy The Public Investment Fund (PIF), the Kingdom of Saudi Arabia, has announced the acquisition of up to 9.5% in Germany based offshore wind developer and operator Skyborn Renewables, alongside Global Infrastructure Partners (GIP) which is a global, independent infrastructure investment fund. The Saudi Government has said that the investment will allow PIF to participate in […] Read more
NIIFL Signs Agreement with Tamil Nadu for Renewable Energy Projects Updated On Tue, Dec 13th, 2022 by Saurenergy The National Investment and Infrastructure Fund Ltd (NIIFL) has announced that it has signed an MoU with the Tamil Nadu Infrastructure Development Board (TNIDB) to attract investment in infrastructure development in the southern state. This will also include attracting commercial capital in the renewable energy sector. The State Government of Tamil Nadu has set up […] Read more
Saudi Arabia Announces 10 New Renewable Energy Projects Updated On Mon, Dec 12th, 2022 by Saurenergy The Kingdom of Saudi Arabia is mulling over the development of 10 new renewable energy projects in the country. According to reports, the new RE projects are aimed at enhancing the power generated from solar and wind sources and further reducing the use of fossil fuels – especially oil – to generate electricity. The new […] Read more
Mainstream, Ocean Winds, Statkraft Collaborate with Aker Solutions for Floating Wind Updated On Mon, Dec 12th, 2022 by Saurenergy Global renewable energy company Mainstream Renewable Power, Ocean Winds and Statkraft have signed an MoU with Aker Solutions, in Norway to collaborate on offshore wind at Utsira Nord. The official statement held that Mainstream, Ocean Winds and Statkraft are in a consortium to pursue an application to develop floating wind power at the Utsira Nord […] Read more
Denmark’s Vestas to Supply Turbines for 236 MW Wind Project in Finland Updated On Mon, Dec 12th, 2022 by Saurenergy Global wind energy player Vestas has announced that it has received a 236-MW order from Suomen Hyötytuuli Oy, a long-term client from Pori, to power the Siikajoki wind project in North Ostrobothnia in Finland. The official statement of Vestas held that the order consists of 38 V162-6.2 MW wind turbines and includes supply, installation, and […] Read more
Tamil Nadu Poised to Add 25 GW Wind Capacity by 2030: GWEC Updated On Mon, Dec 12th, 2022 by Saurenergy As per a report by Global Wind Energy Capacity Council (GWEC), Tamil Nadu has the potential to add 25 GW of new wind capacity by 2030. With an existing installed capacity of close to 9 GW, the state does have plans in the pipeline for a further 13 GW already by 2030. The roadmap developed […] Read more
Korkia & Solmar Consulting Join Hands to Set up 1 GW Solar Projects in Finland Updated On Mon, Dec 12th, 2022 by Saurenergy Finnish investment firm in renewable energy, Korkia and US-based developer of renewable energy, Solmar Consulting have joined hands for the establishment of solar capacity worth 1 GW in southern, western and south-western Finland. The two firms are already cooperating for the development of multiple solar parks, which are in the works currently. The parks will […] Read more
Energy Solns Provider Invenergy Secures Offshore Wind Lease Off California Coast Updated On Fri, Dec 9th, 2022 by Saurenergy Invenergy California Offshore has announced that it has been named provisional winner for 80,418 acres of seabed for offshore wind development by the U.S. Bureau of Ocean Energy Management (BOEM). Invenergy California Offshore is a subsidiary of Invenergy, that claims to be a leading developer, owner, and operator of sustainable energy solutions. Invenergy held that […] Read more
