Vattenfall, OX2 To Build 1.6-GW Offshore Wind Power In Sweden Updated On Tue, May 16th, 2023 by Saurenergy Global renewable energy developers Vattenfall and OX2 have received permission from the Swedish government to build 1.6 GW of offshore wind energy in Sweden waters. Vattenfall will be developing 1.2GW and OX2 has 400 MW in its kitty. Vattenfall has disclosed that the Swedish Government allowed it to develop 1.2 GW Kattegat Syd offshore wind […] Read more
MNRE To Hold Talks On Financing New Technologies At G20 WG Meet Today Updated On Mon, May 15th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) will conduct a brainstorming session on low-cost finance for new and emerging technologies in Mumbai today. The event will be organized on the sidelines of the third Energy Transition Working Group (ETWG) meeting at the Jio World Convention in Mumbai. The event will likely discuss ways to […] Read more
Mufin Has Disbursed Highest Loans in Uttar Pradesh: Pankaj Gupta, Mufin Green Finance Updated On Mon, May 15th, 2023 by Saurenergy Mufin Green Finance, which claims to be India’s first listed NBFC dedicated to green financing, began its journey in 2016 with E-rickshaws way back. The firm claims a market share of 5% in e-rickshaw financing and says it has been able to keep the NPAs as low as 1.92%. With a portfolio dominated by borrowers […] Read more
Masdar to Use Octopus Technology to Develop UK Battery Storage Updated On Thu, May 11th, 2023 by Saurenergy Global energy tech group Octopus Energy has inked a deal with renewable major Masdar under which it will license Octopus’ technology platform Kraken to flexibly manage its battery storage portfolio in the UK. The move will enable Masdar to optimize and expand its energy trading capabilities in the UK, helping to accelerate the rollout of […] Read more
EE North America Acquires 700 MW Colorado Solar Projects Updated On Wed, May 3rd, 2023 by Saurenergy Renewable Energy developer EE North America has acquired a majority stake in two solar projects, Sandy Hill Solar and Sand Dune Solar – which together make 700 MW of capacity – , in Colorado. EE North America said that the joint venture with solar power developer Horus Energy is thereby accelerating the USA’s transition to […] Read more
Suzlon Wins Second Order for 3 MW Series Turbines From Juniper For 69.3 MW Project Updated On Tue, May 2nd, 2023 by Saurenergy Independent Power Producer Suzlon Group has revealed that it has secured the second order of the 3 MW product series aimed at the development of a 69.3 MW wind power project for Juniper Green Energy Private Limited. As per the agreement, Suzlon will install 22 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) […] Read more
Subsidy-Free Offshore European Wind Bids On The Rise: GlobalData Report Updated On Tue, May 2nd, 2023 by Saurenergy The latest report by GlobalData, a data and analytics company, claimed that European countries are witnessing increased subsidy-free wind energy bids due to intense competition. However, the report said several factors have also led to the undersubscription of renewable energy auctions. GlobalData’s latest report titled ‘Europe Renewable Energy Policy Handbook 2023’ pointed out that the […] Read more
NSW Announces 1.4 GW Renewables’ Tender, RWE To Develop Battery Storage Project Updated On Tue, May 2nd, 2023 by Saurenergy Just as the provincial government of New South Wales, Australia, has announced the tender allocation results for 1.4 GW of renewables, global renewables major RWE has said that itwill develop storage project in the state. RWE has been successful in the tender process offering Long-Term Energy Service Agreements to project developers of long duration storage […] Read more
G-7, G-20 Partners Need To Collaborate To Tackle Challenges Of Critical Minerals: Report Updated On Thu, Apr 27th, 2023 by Saurenergy A recent policy brief on critical minerals (CM) claimed that there was a need for a partnership between the members of the G-7 and G-20 on the vital issue. The report said that such a partnership was needed to tackle the main hurdles in the procurement and deployment of these rare resources, crucial to expedite the growth […] Read more