Serentica Renewables Seals 1.25 GW Round-The-Clock Green Energy Agreements Updated On Mon, Jul 3rd, 2023 by Saurenergy Serentica Renewables has announced that it has signed over 1.25 GW of new Power Delivery Agreements (PDAs) with multiple industrial customers. This is in addition to the 580 MW PDAs that were signed in March 2023. To ensure the round-the-clock green energy needs of its customers, Serentica will install 4 GW of renewable energy capacities […] Read more
Hungarian Energy Storage Scheme Worth €1.1 Billion Receives European Commission Approval Updated On Fri, Jun 23rd, 2023 by Saurenergy The European Commission has approved a Hungarian scheme worth €1.1 billion, designed to bolster the country’s shift towards a carbon-neutral economy by supporting the establishment of energy storage facilities with a capacity of at least 800 MW/1600 MWh. The scheme aims at enhancing the flexibility of the Hungarian electricity system by supporting storage investments to […] Read more
Sachin Jain Assumes the Role of Chief Executive Officer at Cleantech Solar Group Updated On Fri, Jun 23rd, 2023 by Saurenergy Cleantech Solar Group, a provider of renewable energy solutions to corporations in India and Southeast Asia, has announced the appointment of Sachin Jain as its Chief Executive Officer (CEO), with effect from 23rd June, 2023. Sachin will be taking over from Raju Shukla, who founded the company in 2015 and has been serving as its […] Read more
Thermax Subsidiary First Energy Commissions 45.80 MW Wind-Solar Hybrid Captive Plant Updated On Thu, Jun 22nd, 2023 by Saurenergy First Energy Private Limited (FEPL), a wholly owned subsidiary of Thermax Limited, an energy and environment solutions provider has commissioned a 45.80 MW wind-solar hybrid (WSH) captive power plant in the state of Gujarat. The state-of-the-art facility has an installed capacity of 24.3 MW of wind energy and 21.50 MW of solar energy. The plant […] Read more
European Clean Energy Developer TagEnergy Raises €570 MillionTo Drive Growth Updated On Mon, Jun 19th, 2023 by Saurenergy Clean energy developer and investor TagEnergy announced today a major capital injection, the closing of a dual currency (AU$ and €) green bond totalling a maximum of €570,000,000 (equivalent) with Copenhagen Infrastructure Partners (CIP) and GIC as investors. The fund raise comes at possibly the best time ever for European RE developers, with a market that […] Read more
US Proposal For Fee Reduction for Wind and Solar Energy on Federal Lands Updated On Fri, Jun 16th, 2023 by Saurenergy The Biden administration unveiled a new proposal on Thursday to formalize a significant project fee reduction for wind and solar energy developments on federal lands. The regulation aims to boost renewable energy deployment as part of the administration’s strategy to combat climate change. Last year, the US Bureau of Land Management (BLM), a division of […] Read more
Engie & Partners Commission 150 MW Hazelwood Battery Energy Storage System Updated On Thu, Jun 15th, 2023 by Saurenergy Engie, the French energy company, along with project partners Eku Energy and Fluence, has successfully commissioned the Hazelwood Battery Energy Storage System (BESS) in the Latrobe Valley, Victoria, Australia. This pioneering project, with a capacity of 150MW/150MWh, is the first of its kind in the country to be situated on the grounds of a decommissioned […] Read more
MG Motor India Powers 50% Operations from Renewable Energy Sources Updated On Wed, Jun 14th, 2023 by Saurenergy Automotive firm MG Motor India has revealed that 50 percent of its energy needs for manufacturing operations are being met by renewable energy sources. The firm has joined hands with renewable energy firm CleanMax to meet its renewable energy goals. The brand that makes cars has determined to curb carbon emissions by approximately 2 lakh […] Read more
Five Reasons EVs Will Deliver On Their Clean Promise Updated On Thu, Jun 8th, 2023 by Saurenergy In Part 1 of this two-part series yesterday, we covered the various challenges to Electric Vehicles (EVs), especially regarding their green credentials. However, the EV juggernaut has only picked up speed in India, with the market leader, Tata Motors, which leads in the four-wheeler EV segment with their EV models-Tiago and Nexon is now all set to launch its […] Read more
