Denmark’s Largest RE Firm Orsted Expands Presence in Texas, US Updated On Fri, Nov 18th, 2022 by Saurenergy The largest energy firm in Denmark, Orsted will be establishing a new office in Texas. The new premises that will be an EPC centre (engineering, procurement and construction) for its portfolio of clean energy solutions. The new office that is to come up in Texas will mark its opening in the first half of next […] Read more
Indian Solar PV Mfrs Among Big Wins For Global Water Solutions Provider Gradiant Updated On Thu, Nov 17th, 2022 by Saurenergy Gradiant, a global solutions provider for advanced water and wastewater treatment, has announced awards of $20 million in new contracts in September and October 2022 from India. The awards are for clients in the manufacturing of photovoltaic cells (or solar cells) renewable energy and industrial protective equipment. All three projects will be delivered as design-build […] Read more
EIB, AllianzGI Announce $100 Mn for Renewable Projects at COP27 Updated On Thu, Nov 17th, 2022 by Saurenergy The Emerging Market Climate Action Fund (EMCAF) has announced a $25 million investment into Alcazar Energy Partners II, a fund providing early-stage equity financing to develop, construct and operate renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia. This commitment is in parallel to EIB Global, the dedicated arm for […] Read more
EY Index Says Volatile Conditions Accelerate Global Renewables Market Updated On Wed, Nov 16th, 2022 by Saurenergy EY has released its latest index ‘Renewable Energy Country Attractiveness Index (RECAI 60)’ that shows that governments around the world are accelerating their renewables programs to help reduce their reliance on imported energy, in the face of continuing geopolitical tensions and economic uncertainty. RECAI 60 ranks the world’s top 40 markets on the attractiveness of […] Read more
A South American Success Story In Renewables – Chile Updated On Wed, Nov 16th, 2022 by Saurenergy South American nation Chile has emerged as a surprise success story when it comes to adding renewables. The country has nearly 22 per cent of its electricity demand met by solar and wind farms. The country is an over-achiever, making impressive progress since 2008, the year Chilean Law set the Non-Conventional Renewable Energy Target to […] Read more
Tata Power Delhi Distribution, TERI in Partnership for Sustainable Future Updated On Wed, Nov 16th, 2022 by Saurenergy A joint venture between Tata Power and the Government of Delhi, Tata Power Delhi Distribution Limited (Tata Power-DDL), a power utility that supplies electricity to a population of more than 7 million in North Delhi, has forged a partnership with The Energy and Resource Institute (TERI) to encourage Urja Arpan initiative. The cooperation set sights […] Read more
New Commitments for ETAF at COP 27; Developing Countries to Benefit Updated On Tue, Nov 15th, 2022 by Saurenergy In a key development to bolster renewables, three new partners have officially joined the Energy Transition Accelerator Financing Platform (ETAF), IRENA’s global climate finance platform aimed at mobilising capital to scale up renewable project funding in developing countries by 2030. Cooperation agreements with the Asian Infrastructure Investment Bank (AIIB), Masdar and Swiss Re were signed […] Read more
Mexico Targets Greater Cuts in Emissions, Expansion in Renewables Updated On Tue, Nov 15th, 2022 by Saurenergy The COP27 is motivating governments across the world to declare higher environmental goals; most of the time accompanied by expansion in renewables to decarbonise their economies. In a fresh case, Mexico has announced that it will raise its target for cutting greenhouse gas (GHG) emissions and also provide much boost to the rollout of renewable […] Read more
Vedanta backed Serentica Renewables, Greenko Group In1500 MWhr Industrial Storage Deal Updated On Mon, Nov 14th, 2022 by Saurenergy Vedanta resources backed Serentica Renewables, a decarbonization platform that seeks to accelerate the energy transition for energy-intensive industries, has entered into an agreement with Greenko Group, to source 1500MWhr energy storage capacity through Greenko’s pumped storage projects located in India. As part of this partnership, Serentica will capitalise on Greenko’s energy storage capacity from its […] Read more
