Adani Group Will Invest $70 bn In Green Energy To Build Atmanirbhar Bharat Updated On Wed, Jul 27th, 2022 by Saurenergy Adani Group Chairman Gautam Adani has said that the company will invest $70 billion in green energy transition and infrastructure projects, calling upon the shareholders to “reshape India’s energy footprint for an Atmanirbhar Bharat”. Addressing the annual shareholders’ meeting of Adani Enterprises, the flagship company of the group, he said, “The best evidence which showcased […] Read more
Iberdrola Secures €550 Million Loan For Renewable Projects In Spain Updated On Tue, Jul 26th, 2022 by Saurenergy Iberdrola, the Spanish multinational utility company, has said that it has forged an agreement with the European Investment Bank (EIB) to expedite Spain’s energy transition by establishing new renewable energy capacity. Under the agreement, the EU bank will provide a €550 million green loan for the construction of a portfolio of projects with a total […] Read more
MasTec to Acquire Infrastructure and Energy Alternatives (IEA) Updated On Tue, Jul 26th, 2022 by Saurenergy MasTec and Infrastructure and Energy Alternatives (IEA) have announced signing an agreement under which MasTec will acquire all of the outstanding shares of IEA in a cash-and-stock transaction. Each IEA share is valued at $14.00. The official statement of MasTec said that the transaction has been unanimously approved by the Boards of Directors of both […] Read more
UK Approves 8 GW Offshore Wind Energy Projects Development Updated On Fri, Jul 22nd, 2022 by Saurenergy In a quest to decarbonize the power industry of the United Kingdom, six fixed offshore wind projects, with a potential to generate renewable electricity for more than 7 million homes, have been given the green signal by the Secretary of State for Business, Energy and Industrial Strategy. This will facilitate the UK Government to enter […] Read more
Energy Saving Services Will Invest 150 Cr To Upscale Energy Efficiency Updated On Wed, Jul 20th, 2022 by Saurenergy State-Owned company, Energy Saving Services Ltd. (EESL) will make an investment worth Rs 150 crores to scale up 100 energy efficiency projects in several industrial facilities across various industries. EESL, a joint venture run by the ministry of power, said of this initiative, “To augment the use of energy efficiency solutions in the industry sector, […] Read more
SunEdison Collaborates with ARKA Energy to Bring New Solar Solutions to India Updated On Wed, Jul 20th, 2022 by Saurenergy Chennai-based renewable energy company SunEdison has launched a new kind of solar roof and gazebo collection in the Indian market. SunEdison designed this new solar solution in collaboration with ARKA Energy. A new set of integrated residential PV systems with exquisite and aesthetic looks help customers “Go-solar-in-style.” The state-of-the-art ‘ARKA Collection’ of products was […] Read more
Ncondezi Energy Looking To Install 300 MW Hybrid Storage In Mozambique Updated On Tue, Jul 19th, 2022 by Saurenergy Ncondezi Energy, Mozambique, Africa based power company has started a feasibility study on the hybrid solar-storage system market in Mozambique. As per the company, the goal of this feasibility study is to determine whether the city of Tete is a viable location for a solar project with a 300 MW maximum generation capacity and a […] Read more
AP Identifies 29 Locations For 33 GW PSP Projects Updated On Mon, Jul 18th, 2022 by Saurenergy Andhra Pradesh has identified about 29 locations across the state for development of Pumped Hydro Storage Projects (PSP) totaling the capacity of 33 GW in 1.45 lakh acres of land in Kadapa, Kurnool, Anantapur districts. Rolling out the PSP projects, Non-Conventional Energy Development Corporation of Andhra Pradesh Limited will help lease around 5 lakh acres […] Read more
Gujarat Allots 6000 Ha Land For Renewable Energy Park In Banaskantha Updated On Mon, Jul 18th, 2022 by Saurenergy In a key decision, the state government of Gujarat has decided to make an allotment of more than 6,000 hectares of land for the development of a mega size renewable energy park. The large RE facility will come up in Banaskantha district that lies in the Rann of Kutch. This is one of the largest […] Read more
