Altius Announces $32.5 million investments in RE platform Updated On Mon, May 9th, 2022 by Saurenergy Canada-based Altius Renewable Royalties Corp. has reported that its jointly controlled subsidiary, Great Bay Renewables– popularly known as ‘Great Bay’ – has executed agreements to invest a total of $32.5 million into a new global renewables development platform, Bluestar Energy Capital. Bluestar was founded recently and its majority stakes are owned by Declan Flanagan, former […] Read more
Actis Forms Blupine Energy to Develop renewable energy in India Updated On Fri, May 6th, 2022 by Saurenergy Actis has incorporated Blupine Energy Pvt Ltd, a company in India to develop renewable energy projects and store assets in India. In June, 2021, Actis had officially incorporated Blupine Energy in which the paid up capital was Rs 16 crore. Reports say that Bluline will become active immediately with a corpus of funds amounting $800 […] Read more
SmartEnergy and Prodiel form JV for Spanish solar PV Updated On Thu, May 5th, 2022 by Saurenergy Swiss investment company SmartEnergy and Spanish solar developer Grupo Prudiel have joined hands to develop a 4GW pipeline of solar PV projects in Spain. Greenfield PV has swung into action with a team of more than 50 experienced development specialists working on the portfolio of projects. Besides, SmartEnergy acquired a project pipeline exceeding 1GW of […] Read more
Developing Economies Such As India Can Have Climate Resilient Energy Independence Updated On Wed, May 4th, 2022 by Saurenergy Developing economies such as India have an enormous opportunity to build energy independence and grow in a climate resilient manner, in the process creating a thriving corporate sector that best leverages these increasingly prominent global financial capital market priorities, and funding capacities, a new report released on Tuesday said. As one of the fastest growing […] Read more
Envision Energy Gets 2000 MW Wind Turbine Orders in India Updated On Fri, Apr 29th, 2022 by Saurenergy Chinese wind turbines and energy management software provider, Envision Energy has announced that it has been awarded a 2000 MW (2GW) wind turbine order in India. Envision has said that a total of 596 wind turbines, all manufactured in Envision’s India factory, will be delivered by the end of 2023. The official statement of Envision held […] Read more
Dewa to spend $11 billion on Renewable Energy in Dubai Updated On Thu, Apr 28th, 2022 by Saurenergy The Dubai Electricity and Water Authority (Dewa) has announced that it will be investing $11 billion or Dh40 billion as capital expenditure over a period of next five years from now to enhance the utility’s renewable energy portfolio. Dewa has issued an official statement that confirms the media reports about the anticipated RE investments by […] Read more
India, Germany Look To Raise Renewable Energy to 500 GW by 2030 Updated On Tue, Apr 26th, 2022 by Saurenergy The Indian Government officials met Jochen Flasbarth, State Secretary of the Ministry for Economic Cooperation and Development, Germany, in New Delhi and held talks to find ways to deepen the collaboration between India and Germany in the realm of renewable energy development and climate neutrality. Jochen Flasbarth, who arrived in India for a two-day state […] Read more
Boralex, Energir, Hydro-Quebec Collaborate to develop 1.2 GW Wind Energy in Quebec Updated On Wed, Apr 20th, 2022 by Saurenergy Canada’s leading energy players Boralex, Energir and Hydro-Quebec have come together for the development of three wind power projects with a combined capacity of 1200 MW, in Quebec province. The 400 MW Des Neiges Wind Farm – South will come up in the RCM of La Cote-de-Beaupre. Then 400MW Des Neiges Wind Farm – Charlevoix […] Read more
Clean energy spending has jumped 50% to record levels since Oct end: IEA Updated On Tue, Apr 12th, 2022 by Saurenergy Clean energy spending earmarked by governments in response to the Covid-19 crisis has risen by 50% over the past five months and now stands at over USD 710 billion worldwide, though there are troubling imbalances between regions, according to the latest update of the IEA’s Sustainable Recovery Tracker. This unprecedented amount of enacted spending is […] Read more