Torrent Power Mulls Over Buying 1.1 GW Clean Energy from ReNew Energy Global Updated On Mon, Jan 2nd, 2023 by Saurenergy Ahmedabad-based Torrent Power, that looks into the generation, transmission and distribution of power, is in the midst of discussions with ReNew Energy Global Plc for the purchase of clean power projects, the capacity of which will stand at 1.1 GW. Sources have revealed that the deal is valued at $1.2 billion. ReNew Energy Global Plc […] Read more
Octopus Energy Invests In FFNEV; Eyes Iberia, EU and Latin America Updated On Mon, Dec 26th, 2022 by Saurenergy Octopus Energy – the wind and solar player of the United Kingdom – is bullish on the development of renewable energy in the Iberian Peninsula. The fresh evidence comes from the power generation unit of Octopus Energy investing in renewables energy player FF New Energy Ventures (FFNEV). Octopus Energy held that the investment is aimed […] Read more
World Bank Approves $311 Million for Renewable Energy in West Africa Updated On Fri, Dec 23rd, 2022 by Saurenergy The World Bank has cleared the Regional Emergency Solar Power Intervention Project (RESPITE) for the West African region with an approval of $311 million that will be financed through its agency – International Development Association (IDA). The new project is expected to benefit the existing and prospective power consumers in the participating countries of Chad, […] Read more
A$7.8 Bn Deal for Renewable Energy Transmission Infra in New South Wales Updated On Thu, Dec 22nd, 2022 by Saurenergy The provincial government of New South Wales (NSW) has clocked a landmark agreement of A$7.8 billion ($5.2 billion) with the Federal Government to further the renewable energy infrastructure in the province. The deal was announced by Prime Minister Anthony Albanese in the presence of NSW Premier Dominic Perrottet and is aimed at urgently stepping up […] Read more
Iberdrola Partners with ABEL Energy for € 1.1 Bn Green Hydrogen Project Updated On Tue, Dec 20th, 2022 by Saurenergy Iberdrola Australia and hydrogen developer ABEL Energy have come together to build a green hydrogen and green methanol production plant at Bell Bay, Tasmania. The project – Bell Bay Powerfuels – is backed by the Australian government and will involve an investment of EUR 1.1 billion. Iberdrola said that Bell Bay Powerfuels will produce 200,000 […] Read more
World Bank Inks Project to Scale up Renewable Energy Technologies in India Updated On Tue, Dec 20th, 2022 by Saurenergy The World Bank has announced that it has signed agreements with the Government of India (GoI) and Solar Energy Corporation of India Limited (SECI) for a $150 million IBRD loan, a $28 million Clean Technology Fund (CTF) loan and a $22 million CTF grant. The objective of the financial agreements is to help India increase […] Read more
Solar+BESS Project in Palau by Philippines’ Altenergy Headed Towards Completion Updated On Tue, Dec 20th, 2022 by Saurenergy Philippines-based leading distributor of solar photovoltaic products and battery storage solutions Alternergy has shared that a solar PV and battery storage project in the Republic of Palau, is headed towards completion. The project will kickstart in April next year. Alternergy has investments spanning across RE technologies- solar, wind, hydro. At the same time, it is […] Read more
Thailand’s Largest Cement Maker Siam Cement Grp Plans $3 Bn Investment in Renewables Updated On Fri, Dec 16th, 2022 by Saurenergy The largest building materials player of Thailand – Siam Cement Group (SCG) – has now come up with a comprehensive investment plan for the coming five years. The key feature this time is that it has special focus on the environmental aspect of the businesses of SCG and the company looks to strive faster towards […] Read more
Battery Storage Player Element Energy Secures $28 Mn Fresh Financing Updated On Thu, Dec 15th, 2022 by Saurenergy California – based battery management technology company Element Energy has announced the first close of $28 million in Series B financing. The round has been co-led by one of the largest clean energy generation companies and Cohort Ventures- a technology-based capital venture firm. Element Energy said that the round also included additional investment from existing […] Read more
