Brookfield, EIG Consortium Ink Pact to Acquire Origin Energy for A$18.7bn Updated On Wed, Mar 29th, 2023 by Saurenergy A consortium comprised of Brookfield Renewable Partners, together with institutional investors GIC and Temasek, and MidOcean Energy of leading investor EIG will be acquiring 100% shares of Origin Energy Limited. The parities have signed a Scheme Implementation Deed. Origin Energy is Australia’s largest integrated power generator and energy retailer. The Scheme values Origin at an […] Read more
Swelect Sets Sights on Coimbatore to Make Solar Panels Updated On Mon, Mar 27th, 2023 by Saurenergy A producer of silicon photovoltaic modules that also offers solar technology-based solutions, Swelect HHV Solar Photovoltaics Private Limited has commissioned a plant in Coimbatore, where it will develop solar energy panels. The firm is a subsidiary of Swelect Energy Systems, R. Chellappan, Founder and Managing Director of Swelect, informed that the new manufacturing facility will […] Read more
India Sets Sights on Green Shipbuilding Goals with Green Tug Transition Programme Updated On Fri, Mar 24th, 2023 by Saurenergy The Union Minister of Ports, Shipping & Waterways (MoPSW) and Ayush Sarbananda SonowaI has said that India has set its sights on becoming the global hub for green shipbuilding by 2030. Towards this goal, the minister launched Green Tug Transition Programme (GTTP). He also inaugurated the country’s first National Centre of Excellence in Green Port […] Read more
Astronergy to Ship 454 MW TOPCon PV Modules for Brazil Solar Project Updated On Thu, Mar 23rd, 2023 by Saurenergy Chinese solar manufacturer Astronergy has announced that it has signed a deal for the supply of a total of 454 MW ASTRO N n-type TOPCon PV modules and the shipment is ready to set off. Astronergy said that its TOPCon is to set foot in the LATAM region after landing in Australia and Europe. Tier […] Read more
Europe’s Solar Energy Surge: A Promising Solution Or Just A Palliative? Updated On Thu, Mar 16th, 2023 by Saurenergy Europe is in the middle of its biggest ever solar build out currently, as it seeks to build more solar capacity for every reason from more energy security to clean energy. But can solar deliver for Europe? Is it the panacea to energy security in the long term? Or is it doomed to over promise […] Read more
Power Minister R.K. Singh Updates Parliament On Progress With India’s Energy Transition Updated On Wed, Mar 15th, 2023 by Saurenergy Union Minister of Renewable Energy & Power R.K. Singh made a slew of announcements in the Rajya Sabha yesterday, shining the light on the progress made in renewable energy in the country. Here is a look at some important of the relevant news related to renewables. Renewable Energy Installed As on 31.01.2023, the cumulative installed […] Read more
Sungrow to Supply Solution for UK’s Longest Duration BESS Project of 825 MWh Updated On Tue, Mar 14th, 2023 by Saurenergy Chinese inverter manufacturer Sungrow Power Supply Co. has announced a deal to supply Constantine Energy Storage (CES) with its liquid-cooled BESS solution called ‘Power Titan’. CES is a grid-scale battery energy storage platform. Sungrow and CES are working on a specific pipeline of projects totalling 825 MWh of capacity spread across five ready-to-build sites. Construction […] Read more
Green Li-ion Secures $20.5 Million for Battery Recycling Technology Updated On Tue, Mar 14th, 2023 by Saurenergy Singapore-based lithium-ion battery recycling technology player Green Li-ion has secured $20.5 million in the recent round of pre-series B funding. The investment backers included venture capital firm TRIREC, solar firm Banpu NEXT and energy company Equinor Ventures. Green Li-ion has developed a prototype of its GLMC technology and is expecting to start the commercial production […] Read more
BrightNight, ACEN Join Hands to Develop Renewables in India Updated On Mon, Mar 13th, 2023 by Saurenergy U.S. based renewable firm, BrightNight, has joined hands with ACEN Corporation, a Philippine listed energy platform of the Ayala Group, to accelerate the development, construction, and operation of BrightNight’s initial 1.2 GW, multi-technology renewable power portfolio in India. The partnership is formed through ACEN Renewables International Pte. Ltd. and ACEN International, Inc. (collectively known as […] Read more