Lightsource bp Secures Approval to Build 1.6 GW Solar Project in Spain Updated On Thu, Mar 2nd, 2023 by Saurenergy Global renewable energy conglomerate Lightsource bp – a joint venture between Lightsource and British Petroleum – has held that its route for the development of solar energy projects of multi-GW stands cleared in Spain. In a key development, Lightsource bp has received the environmental go-ahead for 19 solar power projects having total cumulative capacity of […] Read more
Tata Power RE Ltd (TPREL) Gets Second Slice of INR 2,000 Cr Infusion from GreenForest Updated On Thu, Mar 2nd, 2023 by Saurenergy Tata Power Renewable Energy Limited ((TPREL) is set to lead in the renewable business as it has received the second and final round of investment of INR 2,000 crore from GreenForest New Energies Bidco Limited (GreenForest). Tata Power has successfully allotted 20 crores compulsorily convertible preference shares (CCPS) at face value of ₹100 each at […] Read more
Honda, LG Energy Begin Construction of Multi-Billion Ohio EV Battery Plant Updated On Wed, Mar 1st, 2023 by Saurenergy Honda and LG Energy Solution have announced the beginning of the construction of their joint venture electric vehicle battery plant that will be spread over 2 million square feet in Fayette County in Ohio. In January, 2023, Honda said that the two companies have committed to invest $3.5 billion in the new joint venture (JV) […] Read more
Spain’s Repsol Acquires 250 MW of Wind & Solar Assets from Germany’s ABO Wind Updated On Wed, Mar 1st, 2023 by Saurenergy Spanish multinational energy firm Repsol has purchased 250 MW of renewable assets from German developer ABO Wind in Spain that come in the face of three wind farms and two solar plants. With the acquisition of these projects, the renewable portfolio of Repsol in Spain now totals 3,200 MW. The three wind farms, totalling 150 […] Read more
NTPC Transfers 15 Renewable Energy Assets Worth Over Rs 10,000 Cr to Subsidiary NGEL Updated On Wed, Mar 1st, 2023 by Saurenergy India’s largest power utility NTPC has transferred 15 renewable energy assets worth Rs 10,0066.99 cr to its wholly-owned subsidiary, NGEL (NTPC Green Energy Ltd). The transfer was achieved under a Business Transfer Agreement under the aegis of the National Monetization Pipeline (NMP) of Government of India. The NMP sets mandate for the transfer of revenue […] Read more
JK Cement to Offtake Green Energy from CleanMax’s Wind & Solar Farm Updated On Tue, Feb 28th, 2023 by Saurenergy JK Cement and CleanMax Enviro Energy Solutions have entered into a power purchase agreement (PPA) for 6.42 MW wind – solar generation capacity in the state of Karnataka. CleanMax delves into C&I renewable energy. As per the PPA, green energy will be provided from CleanMax’s wind-solar farm in Jagalur, Karnataka to JK Cement’s Muddapur factory. The […] Read more
Global Investor BlueOrchard to Invest in Indian Renewable Energy Firm U-Solar Updated On Tue, Feb 28th, 2023 by Saurenergy An infrastructure fund managed by Zurich-based BlueOrchard Finance Ltd is investing in Indian renewable energy platform U-Solar to support the growth of its commercial and industrial (C&I) rooftop solar portfolio. BlueOrchard is a leading global impact investment manager and member of the Schroders Group. U-Solar, headquartered in Bengaluru, is present in the entire solar PV […] Read more
Newcastle Airport Strives for 100% Renewable Energy Through PPA with Flow Power Updated On Mon, Feb 27th, 2023 by Saurenergy Newcastle Airport, which is located in New South Wales, has set its sights on achieving sustainability. Towards this goal, it has entered into an agreement for 100% renewable energy with energy retailer Flow Power. “Newcastle Airport is expanding to deliver growth to the Hunter region, and sustainability is key to everything we do,” maintained Newcastle […] Read more
Husk Power is First to Cross 200 Minigrids Milestone Across Asia and Africa Updated On Mon, Feb 27th, 2023 by Saurenergy Husk Power has become the first company to own and operate more than 200 community solar minigrids in Asia and Africa. it did this whole even as it averaged a rollout of 16 minigrids per month in recent months. With this, the firm has demonstrated an ability to ramp up that was considered a huge […] Read more
