Adani Green Secures USD 400 Mn For 750 MW Power Projects Updated On Fri, May 3rd, 2024 by Saurenergy Adani Green Energy Ltd (AGEL) has announced USD 400 million in financing for its under-construction projects. Through this financing, the company extends support to its under-construction 750 MW solar projects in Rajasthan and Gujarat by a consortium of five leading international banks. The consortium of lenders is financing Adani’s projects that are expected to come online from […] Read more
EU’s Shift To BTM Batteries To Meet Energy Demand: EMBER Updated On Wed, May 1st, 2024 by Saurenergy EMBER in its recent report identified that installed battery capacity in the EU doubled to 16 GW in 2023, with a significant concentration in countries like France, Ireland, and Germany. Behind-the-meter (BTM) batteries constitute a substantial portion of this capacity, with countries like Spain and the Netherlands expected to follow suit due to high renewables […] Read more
Battery Storage Needs To Be Increased Six Times By 2030 To Meet Global Energy Demand Updated On Tue, Apr 30th, 2024 by Saurenergy After their deployment in the power sector more than doubled last year, batteries need to lead a sixfold increase in global energy storage to enable the world to meet 2030 targets, according to the latest International Energy Agency (IEA) report. Growth in battery outpaced almost all other clean energy technologies in 2023 as falling costs, […] Read more
US Department of Energy Allocates $48 Million For Offshore Wind Projects Updated On Fri, Apr 26th, 2024 by Saurenergy The U.S. Department of Energy’s Wind Energy Technologies Office (WETO) announced it intends to issue a Funding Opportunity Announcement (FOA) entitled “Offshore Wind National and Regional Research and Development.” This opportunity will fund $48 million of projects that address several major areas of need for offshore wind, including accelerating research and development of offshore wind […] Read more
United States Plans Leasing Of 12 Offshore Wind Projects Updated On Thu, Apr 25th, 2024 by Saurenergy The United States Secretary of the Interior Department Deb Haaland has announced a new five-year offshore wind leasing schedule, which includes up to 12 potential offshore wind energy lease sales through 2028. Future offshore wind energy lease sales from the Bureau of Ocean Energy Management (BOEM) are anticipated in the Atlantic, Gulf of Mexico, Pacific, […] Read more
GameChange Solar Secures 500 MW+ Solar Projects In S. Africa Updated On Wed, Apr 24th, 2024 by Saurenergy GameChange Solar, a global supplier of solar tracking solutions for ground-mounted PV plants, was selected to supply its Genius Tracker™ solar trackers for four new solar projects of over 500 megawatts (MW) in Southern Africa. These projects are strategically positioned to enhance energy supply across the region, supporting the diversification of the energy mix to […] Read more
Brooklyn-Based Renewables.org Partners Tech Firm Dyme For Clean Energy In India Updated On Tue, Apr 23rd, 2024 by Saurenergy Brooklyn-based solar energy non-profit Renewables.org just announced a partnership with Dyme, an Austin-based climate tech company, to increase investments in clean energy for communities in India and Africa. The partnership will allow Renewables.org to receive more resources for its projects with solar developers. Every time Renewables.org members shop using Dyme’s eco-friendly shopping extension, Dyme will […] Read more
NTPC Green Energy Limited Inks MoU with Indus Towers Limited Updated On Fri, Apr 19th, 2024 by Saurenergy NTPC Green Energy Limited (NGEL) and Indus Towers Limited (ITL) have signed a Memorandum of Understanding (MoU), to address the need for pacing green energy objectives and the GoI’s efforts towards carbon neutral economy. The MoU was signed by Soumya Kanti Chowdhuri, Chief General Manager, NGEL and Vikas Poddar, Chief Financial Officer (CFO), ITL in […] Read more
Recurrent Energy Secures $70 Million Financing For 152 MW Brazil Solar Project Updated On Thu, Apr 18th, 2024 by Saurenergy Solar and energy storage assets firm Recurrent Energy has announced that it has secured $70 million of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil. The 152 MW Jaiba III project will be financed over 22 years spanning both construction and operation phases. Linked […] Read more
