Shell & Hexicon JV Names Vestas for Large Scale Floating Wind Project Updated On Fri, Dec 2nd, 2022 by Saurenergy A joint venture between Shell and Hexicon AB called MunmuBaram has chosen Vestas as its turbine supplier for a project. The said project is a floating offshore wind project in South Korea and boasts of 1.3 GW. Hexicon AB develops floating offshore wind farms and designs dual turbine floating wind power platforms while Shell is […] Read more
Adani Green Raises $200 Mn Through Yen-Denominated Refinancing Deal Updated On Fri, Dec 2nd, 2022 by Saurenergy Adani Green Energy Ltd (AGEL) has raised a Japanese yen-denominated loan to refinance its current debt for 350 MW of solar projects in the Indian state of Andhra Pradesh. This was done through its subsidiary Adani Solar Energy AP Six. The facility consists of an amortizing project loan for JPY 27,954 million ($200 million), with […] Read more
Solar Is Changing Fast, Here Are 5 Ways It Already Has Updated On Mon, Nov 28th, 2022 by Saurenergy When the Jawaharlal Nehru National Solar Mission was launched back in January 2010, India had a total installed solar capacity of around 160 MW. The mission itself had a target of 20 GW by 2022. However, changes on the ground in terms of technology, availability and fresh climate realities meant a wholesale upgrade on those […] Read more
Enel Gears to Add 21 GW Renewable Assets in Core Countries Updated On Thu, Nov 24th, 2022 by Saurenergy Enel, an Italian multinational manufacturer and distributor of electricity and gas is exiting the big markets of Romania, Peru and Argentina and now the company has held that its exit is a part of the 2023-2025 strategic plan under which Enel will focus on Spain, the US, Brazil, Colombia, Chile and its home market Italy. […] Read more
Ontario Teachers’ to Invest $805 Mn of NextEra’s Renewable Energy Projects Updated On Wed, Nov 23rd, 2022 by Saurenergy Ace global investor Ontario Teachers’ Pension Plan Board (Ontario Teachers’) has said that it has signed an agreement to invest approximately $805 million in a convertible equity portfolio financing with NextEra Energy Partners. Ontario Teachers’ said that it is committed to the investment as part of the sale of renewable energy assets from NextEra Energy Resources, […] Read more
How E-Vehicles Are Contributing Towards Sustainable Development Updated On Tue, Nov 22nd, 2022 by Saurenergy By MS Chugh, Founder and Chairman, Aponyx EV With the rapid growth of environmental pollution and climate change, the need for innovative solutions and technologies has increased in several industries, including the automobile industry, since one of the primary sources of air pollution in cities is vehicle exhaust. The most significant advantage of electric vehicles […] Read more
Ahmedabad’s Matter Energy Unveils Geared Electric Motorcycle Updated On Tue, Nov 22nd, 2022 by Saurenergy A geared electric motorcycle was unveiled by Matter Energy, an Ahmedabad-based provider of integrated energy solutions. Orders will soon be accepted, and delivery will start in April 2023. For the geared electric motorcycle, the firm has great hopes. In addition to exporting to markets in Asia, Africa, and Latin America, it intends to open 200 […] Read more
Microgrid to Attract Multibillion Investments By 2031: Guidehouse Insights Updated On Fri, Nov 18th, 2022 by Saurenergy A new report from Guidehouse Insights has said that Asia Pacific and Middle East and Africa currently lead the energy access microgrids market and are expected to continue leading the energy access across microgrids market through 2031. Revenue from microgrid investments in Asia Pacific will likely reach $7.7 billion by 2031, and microgrid revenue in […] Read more
Enertech & Redington Team up to Provide Solar Hybrid Solutions in India Updated On Fri, Nov 18th, 2022 by Saurenergy To meet the growing need for solar hybrid inverters in India, Redington Limited, an IT technology provider based in Chennai, announced its cooperation with Enertech, a manufacturer of solar inverters. To increase sales and after-sales support for solar hybrid inverters, the Enertech and Redington Ltd cooperation will take advantage of Redington’s extensive national distribution network […] Read more
