ORIT Launches 50 MW Wind Farm in Scotland for Kimberly Clark Updated On Mon, Sep 11th, 2023 by Saurenergy Octopus Renewables Infrastructure Trust, an investment company focused on providing investors with a sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy assets across Europe, the UK and Australia, has launched a new 50 MW onshore wind farm located in South Lanarkshire, Scotland. The […] Read more
Tata Power Gets DFC Backed USD 425 million For Cell and Module Plant in Tamil Nadu Updated On Mon, Sep 11th, 2023 by Saurenergy The U.S. International Development Finance Corporation’s (DFC) Board of Directors has approved the provision of up to USD 425 million in financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant at Tirunelveli district in Tamil Nadu, India. DFC […] Read more
US On Course For Record 32 GW Solar Capacity Additions in 2023 Updated On Fri, Sep 8th, 2023 by Saurenergy A new report from the US solar lobby Solar Energy Industries Association (SEIA) and Wood Mackenzie predicts a record addition of 32 GW of new capacity in 2023, a 52% increase from 2022. The US Solar Market Insight Q3 2023 report paints a positive picture of growth for the sector, especially with the IRA (Inflation Reduction Act) […] Read more
20 GW Sun Cable Darwin Project On Track Again Under Atlassian Founder Updated On Thu, Sep 7th, 2023 by Saurenergy Australian Software billionaire and Atlassian Founder Mike Cannon-Brookes has ensured the revival of the 20 GW, trans ocean Sun Cable Project, taking it out of administration by assuming full ownership. The project, to be set up near Darwin in Australia’s sparsely populated Northern Territory, is planned with a 20 GW solar footprint, besides 40 GWh […] Read more
Google to Power Irish Offices & Data Centre with Solar from Power Capital Updated On Wed, Sep 6th, 2023 by Saurenergy Ireland-based Power Capital Renewable Energy (PCRE), which delves into the design, development, financing, building and operation of solar power plants, has entered into a power purchase agreement (PPA) with American multinational technology firm Google. The agreement will help power up the data centre and offices of Google in Ireland with solar energy worth 58 MW […] Read more
Clients Willing To Pay A Premium For Green Data Centres- Moiz Vaswadawala, NTT Updated On Wed, Sep 6th, 2023 by Saurenergy Moiz Vaswadawala, Vice President, Risk management and Sustainability at NTT Global Data Centers & Cloud Infrastructure India Pvt Ltd, the leading data center provider in India currently, talks about the push towards greener, more sustainable data centres. Excerpts from the interview: What is a data centre’s total energy footprint like, in terms of power, water, […] Read more
India On A Right Track Towards Net-Zero But Need Finances: Report Updated On Wed, Sep 6th, 2023 by Saurenergy A new report by Brusels-based think tank Strategic Perspectives compared the performance of five major economies- US, China, EU, India and Japan on zero carbon technologies. The report compared the performance of these five major economies on manufacturing, deployment and investment in key decarbonization technologies like renewable energy, and electric vehicles (EVs), as well as the […] Read more
Solar Startup Ellipsol Raises Rs 2.5 cr Seed Funding Updated On Tue, Sep 5th, 2023 by Saurenergy Ellipsol, a next-generation solar company developing path-breaking solar energy solutions, has raised rupees 2.5 crore in a seed funding round led by Capital A. The funding round also saw the participation of the Grand Anicut Fund. Other individuals also contributed to the funding round. Ellipsol’s site, that is yet to open formally, promises 2X the […] Read more
India, US Teams Meet To Launch RE Technology Action Platform (RETAP) Updated On Wed, Aug 30th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) and the US Department of Energy held a meeting recently in New Delhi to launch the new US-India Renewable Energy Technology Action Platform (RETAP) under the Strategic Clean Energy Partnership. RETAP was announced during the June 22, 2023 meeting in Washington between US President Joseph R Biden and […] Read more