Prosus & South Pole Sign Deal with Innovative New Climate Finance Instrument Updated On Thu, Nov 10th, 2022 by Saurenergy Global technology investor Prosus and South Pole (top provider of climate solutions) have joined forces to use the new D-REC market tool to deliver distributed renewable energy projects in response to growing calls for greater corporate climate action at COP27. High social impact projects in South Africa and India will be their main priorities. Prosus […] Read more
Corporate Renewable Procurement of 7 GW Sets New Record in Asia Pacific Updated On Thu, Nov 10th, 2022 by Saurenergy A study authored by Kyeongho (Ken) Lee, Principal Analyst, Asia Pacific Power & Renewables at Wood Mackenzie reveals that Corporations in Asia Pacific are set to contract a record 7 GW of renewable capacity in 2022. This is an 80% increase on 2021 as markets emerge from pandemic-related disruptions. Demand is largely driven by ambitious […] Read more
ReNew Power Gets Green Project Finance of Rs 800 Cr from Bank of America Updated On Wed, Nov 9th, 2022 by Saurenergy ReNew Power has received a loan/ green project finance from Bank of America totaling roughly Rs 800 crore, the lender’s first local project financing agreement in the renewable energy industry after a protracted absence. The company will benefit from cheaper funding costs thanks to the five-year green loan facility in rupees, as the money will […] Read more
Three Firms That Have Surprised Us With Their Plunge Into EV Charging Updated On Wed, Nov 9th, 2022 by Saurenergy The EV charging business–fueling a car with electric power rather than petroleum-based gas or diesel – has always been a loss for oil companies who are being dragged into the electric future. It may not be that way anymore. With an increase of EVs on roads, many old industrial mammoths, especially major oil firms, are […] Read more
Talesun Solar, Artsolar Set Off Operation of 325 MW Solar Facility in South Africa Updated On Mon, Nov 7th, 2022 by Saurenergy Germany manufacturer of photovoltaic modules Talesun Solar has announced that it has put the 325MW solar power PV module facility into operation in South Africa. The solar power project has been jointly built by Talesun Solar and ARTsolar. ARTsolar claims to be South Africa’s only locally-owned solar panel manufacturer that specialises in the manufacture of […] Read more
Norwegian Firm Equinor Set Acquire BeGreen And 6 GW Solar Portfolio In Europe Updated On Fri, Nov 4th, 2022 by Saurenergy Norwegian energy firm Equinor has entered into an agreement with Denmark based solar project developer, BeGreen, that boasts of a pipeline of projects worth 6 GW in Denmark, Poland and Sweden- with an average project size of 300 MW. BeGreen also has a strong presence in Europe, where it has developed and sold more than […] Read more
Econergy Gets EPC Contracts for 172-MW Solar Project in Romania Updated On Fri, Nov 4th, 2022 by Saurenergy Econergy Renewable Energy has announced that it has finalised engineering, procurement and construction (EPC) agreements for two solar PV projects that would total to 172 MW in Romania. The company has said in its official statement that the new EPC contracts are part of further milestones in Econergy’s development activities in Romania. Econergy Renewable Energy […] Read more
Wärtsilä’s Gas Engines Reflect India’s Shift Towards Cleaner Power Generation Updated On Wed, Nov 2nd, 2022 by Saurenergy A 15.5 MW gas-fueled captive power plant will be provided by the technology company Wärtsilä gas under an idea, procurement, and construction (EPC) contract and a five-year operation and maintenance (O&M) agreement for Chennai. Tamilnadu Petroproducts Limited (TPL), a renowned producer of heavy chemicals and linear alkyl benzene (LAB), and a subsidiary of AM International, […] Read more
Waaree Energies Supplies Solar Panels for Terapanth Foods’ Solar Project at Bhavnagar, Gujarat Updated On Wed, Nov 2nd, 2022 by Saurenergy One of India’s top firms for supplying iodized salt to major FMCG brands, Terapanth Foods Limited- a Friends Group Company, has commissioned a 4 MW solar power project at Bhavnagar, Gujarat. Leading solar manufacturer Waaree Energies provided the firm with 335Wp polycrystalline solar panels for the said project. Pankaj Babulal Singhvi from Terapanth Foods, stated, […] Read more
