PM Modi Exhorts Investors In Private Sector To Join India’s Green Growth Updated On Thu, Feb 23rd, 2023 by Saurenergy In his first formal address after the Union Budget on February 1, Prime Minister Narendra Modi made a spirited pitch for private sector participation and the many startup opportunities in India’s green growth push. “Every budget since 2014 has followed a consistent pattern. The push for green growth and clean energy has been built around […] Read more
AES Aims to Develop Hybrid RE Project in Chile with 3,100 MWh BESS Updated On Wed, Feb 22nd, 2023 by Saurenergy AES Chile, a producer and distributor of electricity and a subsidiary of US-based AES Corporation, is moving ahead with its plan to develop a hybrid renewable energy project that will also harbour a battery based energy storage system (BESS) with a capacity of 3,100 MWh. In a key development, AES Chile has submitted the EIA […] Read more
Fiera Infrastructure, Palisade Infrastructure Group to Acquire RE Platform Amp US Updated On Wed, Feb 22nd, 2023 by Saurenergy A consortium comprising funds managed by Fiera Infrastructure, an affiliate of Fiera Capital Corporation, and Palisade Infrastructure Group has agreed to jointly acquire 100% of the equity interests in Amp US Primary Holdings, the US-based renewable energy generation and battery storage business of the Amp Solar Group. Amp US is a leading developer, owner and […] Read more
Italy to Welcome Enel Green’s Solar Panel Gigafactory Updated On Wed, Feb 15th, 2023 by Saurenergy Enel has entered into a financing agreement with a pan-European commercial banking group UniCredit to pave the way for the finance of the expansion of a solar panel factory in Catania, Sicily, Italy. Investment, worth €560 million (US$600 million), will aid the development of the Italian PV Gigafactory (Tango). This is an industrial-scale manufacturing plant […] Read more
ReNew Power Is Now ReNew, As Firm Seeks A Bigger Canvas Updated On Mon, Feb 13th, 2023 by Saurenergy NASDAQ listed Renew Power has a new name, logo and domain now. The firm has made a serious statement of intent with a shift to the more generic ReNew along with the matching domain, at ReNew.com. The changes are being accompanied with the firm’s transition from being just an energy player to a firm seeking […] Read more
CIP Will Invest EUR 8 Billion In Offshore Wind Project In Portugal Updated On Mon, Feb 13th, 2023 by Saurenergy The Copenhagen Infrastructure Partners (CIP) has said it looks to invest EUR 8 billion in a mega offshore wind energy project in Portugal. According to reports, a spokesperson from the Denmark-based fund management firm CIP held that it will go for multi-billion investment in the Nortada offshore wind energy project. The wind project will be […] Read more
Morocco Eyes 1.6 GW Renewables with $1.95 Billion Investment in Disputed Western Sahara Area Updated On Thu, Feb 9th, 2023 by Saurenergy Morocco is emerging as the top performer when it comes to the adoption of renewables and minimizing the use of fossil fuels to generate power. In a new development, Morocco has launched a new project for renewable energy development in Western Sahara region with a massive investment of 20 billion dirhams ($1.95 billion). The announcement was made […] Read more
Enel Adds 5.2 GW Renewables World Over In 2022, 2 GW In North America Only Updated On Wed, Feb 8th, 2023 by Saurenergy North American clean energy firm Enel North America has announced that it has built 1.98 GW of utility-scale wind, solar and battery storage capacity across the US and Canada in 2022 alone. Worldwide, Enel built over 5.2 GW of new renewable capacity over the course of the year. Starting as an Italian utility firm, ENEL […] Read more
Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver Updated On Thu, Feb 2nd, 2023 by Saurenergy Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping […] Read more
