Noway’s Norfund, KLP Partner with ReNew Power to Invest in India’s Transmission Sector Updated On Tue, Jan 10th, 2023 by Saurenergy Norfund and KLP have announced that they will invest around Rs 900 million in partnership with ReNew Power for 49% ownership stake in ReNew’s transmission project in the Koppal district of Karnataka state in India, with ambitions for further joint investments. ReNew Power is one of the largest renewable energy independent power producers (IPPs) in […] Read more
Hyderabad’s Greenko to Set Up Pumped Storage Project of 11 GWh in Madhya Pradesh Updated On Tue, Jan 10th, 2023 by Saurenergy Hyderabad-based clean energy firm Greenko Group is set to invest Rs 10,000 crores in a Pumped Storage Project (PSP). The storage project is to be established near Gandhi Sagar in the Neemuch district of Madhya Pradesh. At present, the firm delves into both wind and solar of capacity of more than 500 MW. These are […] Read more
German Institution DEG Funds Solar Micro-Grids Development in Nigeria Updated On Tue, Jan 10th, 2023 by Saurenergy Investment is picking up in Africa and the developed world seems to be making efforts to ensure that the continent is not bereft of access to green energy. The ace development finance institution of Germany, Deutsche Investitions- und Entwicklungsgesellschaft (DEG), is now funding the USA-based Husk Power Systems with $750,000 to build eight community solar […] Read more
Can India Become A Net Exporter Of Green Hydrogen? Updated On Mon, Jan 9th, 2023 by Saurenergy The Government of India has formally approved the National Green Hydrogen (NGH) Mission to make India a ‘global hub’ for using, producing, and exporting green hydrogen. To achieve this ambition, GOI has also approved a financial outlay of ₹19,744 crore. The Mission leads India toward the development of the Green Hydrogen ecosystem in the country […] Read more
Kenya’s State-Owned Utility Ken-Gen to Add 3000 MW RE to National Grid in Decade Updated On Fri, Jan 6th, 2023 by Saurenergy Kenya Electricity Generation Company (KenGen), which is a power utility owned by the State, has revealed that it has planned 3000 MW of renewable energy to the national over the span of the decade. Currently, KenGen has an installed capacity of 1,904 MW. It will look into tapping another 10,000 MW of clean energy. “The […] Read more
RE Firm Green Genius Expands Solar Portfolio in Poland Updated On Fri, Jan 6th, 2023 by Saurenergy Renewable energy firm Green Genius and Poland-based banking group mBank have entered into a financial transaction worth PLN220m (€46m) that will pave the way for the establishment of a 69 MW solar portfolio. Currently, Green Genius has large presence in the Polish market and this is the largest deal by the firm here. The first […] Read more
Hannon Armstrong (HASI) Invests 1.3 GW Renewables of AES Corp in USA Updated On Thu, Jan 5th, 2023 by Saurenergy Climate solutions investor Hannon Armstrong Sustainable Infrastructure Capital (HASI) has announced the close of two new programmatic investments in grid-connected renewable energy assets developed, owned and operated by the AES Corporation. The US based HASI is a public company that provides capital to assets developed by companies in energy efficiency, renewable energy, and other sustainable […] Read more
Draft Solar Policy of Delhi Wants 6000 MW Installation by 2025 Updated On Mon, Jan 2nd, 2023 by Saurenergy The Delhi government has accorded approval to the draft Solar Policy 2022 under which the state wants to install solar capacity to 6,000 MW by 2025. In the previous solar policy released in 2016, Delhi had targeted to install solar power of a cumulative capacity of 2,000 MW of solar power by 2022. Readers will […] Read more
Tata Power-DDL & NTPC School of Business to Nurture Manpower in RE Sector Updated On Tue, Dec 27th, 2022 by Saurenergy A joint venture between Tata Power and the Government of Delhi, Tata Power Delhi Distribution Ltd (Tata Power-DDL) recently signed a Memorandum of Understanding (MoU) with NTPC School of Business to advance its vision of building a sizable pool of qualified and trained manpower in the energy sector. By combining the knowledge and resources of […] Read more
