Italy to Welcome Enel Green’s Solar Panel Gigafactory Updated On Wed, Feb 15th, 2023 by Saurenergy Enel has entered into a financing agreement with a pan-European commercial banking group UniCredit to pave the way for the finance of the expansion of a solar panel factory in Catania, Sicily, Italy. Investment, worth €560 million (US$600 million), will aid the development of the Italian PV Gigafactory (Tango). This is an industrial-scale manufacturing plant […] Read more
The Story of Yichun: The Lithium Capital of Asia Updated On Wed, Feb 15th, 2023 by Saurenergy Yichun is a mountainous prefecture-level city in western/northwestern Jiangxi Province, China, bordering Hunan to the west. The city is famously known as the Lithium Capital of Asia, as a result of the mammoth availability of the resource in the region. The city produced around 81,000 tons of lithium carbonate in 2021 – more than a […] Read more
TANGEDCO Solicits Bids for 420 MW Solar Power Under PM-KUSUM Updated On Tue, Feb 14th, 2023 by Saurenergy Tamil Nadu Generation And Distribution Corporation Ltd (TANGEDCO) has issued a tender that invites bids for 420 MW of solar power under PM-KUSUM Scheme (Component A). The last date for the submission of bids is 08.03.2023. The bid processing fee is Rs 5000. The EMD is Rs 100,000. The ceiling tariff of Rs 3.30 has […] Read more
Renewable Energy Leads In Investor Interest In UP Global Investor Summit Updated On Tue, Feb 14th, 2023 by Saurenergy After the announcement by Reliance CMD Mukesh Ambani about investing Rs 75,000 crores in UP over the next 4 years, the summit has ended with renewable energy garnering possibly the highest commitments by value. State Investor summits usually measure their success by the value of MoUs signed, or in this case LOIs or Letter of […] Read more
Denham Capital Announces $200 Million for Solar Energy Generator Solops Updated On Tue, Feb 14th, 2023 by Saurenergy Boston based global energy transition investment firm Denham Capital has announced that it has closed a purchase agreement with Solops that develops, finances, and owns and operates photovoltaic solar projects in the commercial and industrial (C&I) sector throughout the United States. Under the agreement, Denham has acquired Solops and will support the growth of the […] Read more
Yokogawa Enters Investment & Collaboration Agreement with Startup Ideation3X Updated On Tue, Feb 14th, 2023 by Saurenergy Yokogawa Electric Corporation has announced that it has made a US$10 million Series B investment in Ideation3X Pte. Ltd. (i3X), a Singapore-based venture company that is targeting the rapidly expanding integrated solid waste management (ISWM) sector in India with a process that adopts a circular economy approach. Founded in 2017, i3X has been backed since […] Read more
HPX Concludes 1st e-Reverse Auction Updated On Tue, Feb 14th, 2023 by Saurenergy Hindustan Power Exchange Ltd. (HPX), India’s third power exchange that counts PTC India Ltd, Bombay Stock Exchange, and ICICI Bank among its key backers has successfully concluded its 1st e-Reverse Auction (e-RA) based long duration contract for Indian Railways on February 12. The exchange simultaneously logged its highest single day volume of 36.18MUs. The first […] Read more
Lightsource bp & Contact Energy to Develop 150 MW Solar PV Project in New Zealand Updated On Tue, Feb 14th, 2023 by Saurenergy Lightsource bp, which delves into the development and management of solar energy projects, will develop one of New Zealand’s largest solar development project at Christchurch Airport. Lightsource bp and New Zealand based Contact Energy, will together develop the 150 MW solar project. The deal marks the firm’s first project in New Zealand. The Kowhai Park […] Read more
EU Approves €2.08 Billion for Offshore Wind Energy Project in France Updated On Tue, Feb 14th, 2023 by Saurenergy The European Commission has approved a EUR 2.08 billion French measure to support offshore wind energy production in France. The decision has been taken under EU State aid rules. The measure will contribute to achieving France’s energy and environmental targets, as well as the objectives relating to the EU’s Offshore Renewable Energy Strategy and the […] Read more
