RWE Acquires JBM Solar to Diversify Portfolio in United Kingdom Updated On Fri, Mar 3rd, 2023 by Saurenergy UK-based renewable energy developer RWE has announced the acquisition of JBM Solar with an ambition to significantly expand its solar and battery capabilities. JBM Solar is a sizable independent developer of solar and battery storage systems. With the acquisition of JBM Solar, RWE takes over a mature pipeline with a combined capacity of around 6.1 […] Read more
MG Motor’s Soon-to-be-Launched Smart EV Branded As Comet Updated On Thu, Mar 2nd, 2023 by Saurenergy Automotive firm MG Motor India has announced the name of its upcoming Smart EV as ‘Comet’. According to Rajeev Chaba, President and Managing Director, MG Motor India, “Urban mobility is at a point of inflexion where new age solutions are needed to address both the current as well the forthcoming challenges. As we move further […] Read more
L’Oréal Signs Agreement with EDF for Renewable Energy Updated On Tue, Feb 28th, 2023 by Saurenergy French personal care company L’Oréal has partnered for renewable energy with EDF Renewables through a PPA. EDF Renewables is a wholly-owned subsidiary of the French utility EDF Group. As per the 15-year agreement, EDF will be focussing on two solar parks located in the Corrèze and Vosges regions, where EDF will be able to produce […] Read more
Newcastle Airport Strives for 100% Renewable Energy Through PPA with Flow Power Updated On Mon, Feb 27th, 2023 by Saurenergy Newcastle Airport, which is located in New South Wales, has set its sights on achieving sustainability. Towards this goal, it has entered into an agreement for 100% renewable energy with energy retailer Flow Power. “Newcastle Airport is expanding to deliver growth to the Hunter region, and sustainability is key to everything we do,” maintained Newcastle […] Read more
X-ELIO Sets up its First Utility Scale 60 MWh BESS Project in Texas, US Updated On Fri, Feb 24th, 2023 by Saurenergy X-ELIO, that delves into the development, construction, financing and operation of renewable and sustainable energy projects, has added a BESS (battery energy storage system) project of 60 MW capacity, which has been set up in the Liberty County of Texas in the USA. This is a major project for X-ELIO, given that this is the […] Read more
The Top 5: Countries Offering Highest Incentives To EV Consumers Updated On Fri, Feb 17th, 2023 by Saurenergy Passenger cars account for nearly 45 per cent of global greenhouse gas emissions from the transport industry across the globe. In recent times, proper weightage has been given to the vehicles, deriving their mileage from renewable sources, in global efforts to bring down emissions. The enthusiasm, coupled with technological advancements, has made it possible for […] Read more
Denham Capital Announces $200 Million for Solar Energy Generator Solops Updated On Tue, Feb 14th, 2023 by Saurenergy Boston based global energy transition investment firm Denham Capital has announced that it has closed a purchase agreement with Solops that develops, finances, and owns and operates photovoltaic solar projects in the commercial and industrial (C&I) sector throughout the United States. Under the agreement, Denham has acquired Solops and will support the growth of the […] Read more
Renewable Energy M&A Deals at $30.7bn in Q3 2022; India Leads with 72% Onshore Wind Deals Updated On Mon, Feb 13th, 2023 by Saurenergy Renewable energy-related mergers and acquisition (M&A) deal value in Asia Pacific saw an increase by 11% year-on-year in 2022, thereby rising to $19 billion. Increase in onshore wind is a major contributor to this factor. As per Enerdatics, a research company, India and Australia were at the forefront of the M&A activity. This is primarily […] Read more
DNV Acquires Solar Data Specialist Solcast Updated On Fri, Feb 3rd, 2023 by Saurenergy In a move towards strengthening its solar forecasting services, Norwegian energy risk management company and assurance provider DNV has acquired Australian solar data specialist Solcast. Six-year-old Solcast was founded by metrologists James Luffman and Dr Nick Engerer, providing historical, live as well as forecast data on solar irradiance, wrapped in a modern application user interface […] Read more
