KPI Green Energy Bags 40 MW Hybrid Project in Gujarat Updated On Wed, Jun 7th, 2023 by Saurenergy Independent Power Producer KPI Green Energy has received a letter of intent for developing a 40 MW hybrid green energy project that will come up in Gujarat. The capacity entails 21.50 MW wind and 18.5 MW solar, as per the firm. The 40 MW hybrid project bagged by KPI has been awarded by Anupam Rasayan […] Read more
Envision Energy Bags 1.67 GW Turbine Order for NEOM Green Hydrogen Updated On Wed, Jun 7th, 2023 by Saurenergy Chinese turbine maker Envision Energy has signed a contract to supply 1.67 GW wind turbines for NEOM Green Hydrogen Company, the world’s largest utility-scale green hydrogen plant. This plant will be powered entirely by renewable energy. The mega plant is located at Oxagon, Saudi Arabia’s region of NEOM. Under the contract, 171-6.5 MW wind turbines […] Read more
Ørsted, ESB To Deliver Upto 5 GW Renewable Energy in Ireland Updated On Sun, Jun 4th, 2023 by Saurenergy ESB, Ireland’s energy company and Danish clean energy major Ørsted have signed an agreement to jointly develop an Irish offshore wind portfolio. With the agreement, which marks the most ambitious partnership in Ireland to date, Ørsted becomes a 50/50 partner in a pipeline of offshore wind development projects off the Irish coast. The partnership is […] Read more
Indian Renewable Firm CleanMax Raises $360M From Brookfield Updated On Thu, Jun 1st, 2023 by Saurenergy Indian renewable energy company CleanMax today announced raising an equity fund from Brookfield Renewable through the Brookfield Global Transition Fund (BGTF). The BGTF focuses on investments accelerating the global transition to a net-zero carbon economy while delivering strong risk-adjusted returns to investors. This funding of USD 360 million is a mix of primary and secondary. […] Read more
Top Automakers in Japan, India Lag in EV Transition: Report Updated On Thu, Jun 1st, 2023 by Saurenergy A latest report from the International Council on Clean Transportation (ICCT) claimed that the top automobile companies in Japan and India are lagging behind in transitioning from a fossil-fuel-based regime to an Electric Vehicle (EV)-based market. The report evaluated automakers on their performance and strategy across a set of measures related to their current position in the […] Read more
IEA Report: Expect $1.7 Trillion Investments In Clean Energy In 2023 Updated On Fri, May 26th, 2023 by Saurenergy The International Energy Agency has said that the global investment in clean energy is on course to rise to $1.7 trillion in 2023. In this journey, solar energy is set to eclipse oil production for the first time. According to the new report by IEA, about $2.8 trillion is set to be invested globally in […] Read more
Iberdrola to Supply 250 GWh of Renewable Energy to Holcim Every Year Updated On Thu, May 25th, 2023 by Saurenergy Spanish energy conglomerate Iberdrola and sustainable building solutions provider Holcim have signed a major new clean energy PPA under which Iberdrola will provide Holcim with 250 GWh of renewable energy per year from its Baltic Eagle offshore windfarm in Germany. The two firms have also agreed to work together on a wide range of further […] Read more
New Fund by TDK Ventures to Invest $150 Million in Green Energy Updated On Mon, May 22nd, 2023 by Saurenergy Tokyo based TDK Corporation subsidiary TDK Ventures is launching its third fund that totals $150 million in new capital to provide push mainly to energy transition. TDK Ventures said that its novel fund will target early-stage investments in energy transition, electrification, and decarbonisation in the USA and Europe. With the coming of the new fund, […] Read more
Masdar Doubles Clean Energy Capacity in Just Two Years Updated On Fri, May 19th, 2023 by Saurenergy The UAE flagship renewable energy company Masdar has announced that it has almost doubled its clean energy capacity and CO2 displacement in a space of just two years. Masdar claims to be on track to become one of the world’s largest renewable energy companies by 2030. Masdar achieved a clean energy capacity of 20 GW […] Read more