Mainstream, Ocean Winds, Statkraft Collaborate with Aker Solutions for Floating Wind Updated On Mon, Dec 12th, 2022 by Saurenergy Global renewable energy company Mainstream Renewable Power, Ocean Winds and Statkraft have signed an MoU with Aker Solutions, in Norway to collaborate on offshore wind at Utsira Nord. The official statement held that Mainstream, Ocean Winds and Statkraft are in a consortium to pursue an application to develop floating wind power at the Utsira Nord […] Read more
France’s Proparco Invests $10 Million in Sun King’s Solar Kit Business in Africa Updated On Thu, Dec 8th, 2022 by Saurenergy Proparco, a division of the French Development Agency (AFD) group, invested in a $10 million green bond that will be lent to Sun King, an African solar kit retailer. The Swiss impact investor Symbiotics Group, through its MSMR Bonds platform, issuing the green bond. A total of 309 bonds worth $2.67 billion have already been […] Read more
ReNew Power Partners With Jindal Stainless for 300MW Hybrid Project Updated On Wed, Dec 7th, 2022 by Saurenergy ReNew Power, the largest renewable energy provider in the nation, and Jindal Stainless recently entered into a deal to establish a utility-scale captive renewable energy project for the delivery of electricity to their factory in Jajpur, Odisha. By combining solar and wind energy, the project will produce 700 million units annually. With a high capacity […] Read more
Shell & Hexicon JV Names Vestas for Large Scale Floating Wind Project Updated On Fri, Dec 2nd, 2022 by Saurenergy A joint venture between Shell and Hexicon AB called MunmuBaram has chosen Vestas as its turbine supplier for a project. The said project is a floating offshore wind project in South Korea and boasts of 1.3 GW. Hexicon AB develops floating offshore wind farms and designs dual turbine floating wind power platforms while Shell is […] Read more
Amazon Debuts Hybrid Projects Globally with 300 MW in Madhya Pradesh & Karnataka Updated On Fri, Dec 2nd, 2022 by Saurenergy In Madhya Pradesh and Karnataka, Amazon India is set to establish 300 MW hybrid project (wind-solar). The projects would be established alongside Vibrant Energy, a subsidiary of a portfolio business of Macquarie’s Green Investment Group (GIG). Amazon said in a statement that this is one of the “biggest wind-solar hybrid corporate power purchase agreements (PPA) […] Read more
AMEA Power Closes Financing of 1 GW Solar, Wind Project for US$1.1 Bn in Egypt Updated On Thu, Dec 1st, 2022 by Saurenergy AMEA Power, a Dubai-based developer, owner and operator of renewable generation assets, has closed the financing of 1 GW of renewable energy projects. The projects, which are to come up in Egypt, entail a 500 MW solar PV plant and a 500 MW wind farm. The US$1.1 billion investment for the project has been provided […] Read more
L&T Picks LONGi for Saudi Projects With 1292 MW Module Order Updated On Thu, Dec 1st, 2022 by Saurenergy L&T has picked Chinese major LONGi to provide 1292MW of PV modules for two solar projects under construction in Saudi Arabia. LONGi VP Dennis She and A. Ravindran, Senior Vice President and Head of the Renewables Strategic Business Group at L&T, jointly signed the agreement, involving two Saudi Arabian projects for which L&T is acting […] Read more
World’s Largest Solar Thermal Project Starts Grid Supplies In Dubai Updated On Wed, Nov 30th, 2022 by Saurenergy On November 29 (Dubai Time), the Trough Unit No. 1 facility of Shanghai Electric’s 700MW solar thermal and 250MW photovoltaic solar power plant in Dubai has successfully achieved grid-connected electricity generation, marking a significant milestone along the path of the firm’s entry into the renewable energy sector. Solar Thermal Trough Unit No. 1 in Dubai Connected to […] Read more
Glass Maker Saint Gobain Strikes RE Deal For Operations in Spain Updated On Tue, Nov 29th, 2022 by Saurenergy Worldwide light and sustainable construction giant Saint-Gobain has announced that the company has signed a Power Purchase Agreement (PPA) with Endesa in Spain for the supply of clean energy. Endesa is the top energy supplier in Spain. The official statement of Saint-Gobain held that the 11-year agreement will start in 2024 and will cover around […] Read more
