Bp Takes Control Of AREH – Australia’s Largest Renewables Project Updated On Fri, Dec 9th, 2022 by Saurenergy Global energy conglomerate bp has now officially taken over the operations at the Asian Renewable Energy Hub (AREH) – which is the largest renewable energy project in Australia – after it has acquired a 40.5 per cent equity stake in AREH. Situated in the Pilbara, Western Australia, bp held that the RE hub has potential […] Read more
Djibouti Inks Pact For 10-GW Renewables & Green Hydrogen Project Updated On Thu, Dec 8th, 2022 by Saurenergy A Memorandum of Understanding (MoU) has been signed between renewable energy developer CWP Global and the government of Djibouti for the development of a 10-GW renewable energy and green hydrogen project in Djibouti. Djibouti presently has a mere 62% of its population that has access to electricity. CWP Global held that the RE project is […] Read more
Follow the Money, As Funding Shifts Completely to Renewables Over Coal in 2021 Updated On Wed, Dec 7th, 2022 by Saurenergy A study titled “Financiers Prefer Wind And Solar Over Coal” has been released by CFA (Center For Financial Accountability). According to the Coal vs. Renewables Financial Analysis 2022, L&T Finance overtook SBI as the largest financier of renewable energy project financing in 2021. The annual energy finance conference co-hosted by CFA and IIT Madras saw […] Read more
European Aerospace Corporation Airbus to Buy Green Hydrogen from India Updated On Tue, Dec 6th, 2022 by Saurenergy As the world realises the significance of green hydrogen in the transition towards a cleaner world and decarbonisation, more and more corporations are looking to power their operations with it. Airbus, the multinational aerospace European giant is the most recent to jump onto the bandwagon. Airbus has set sights on procuring Green Hydrogen from India, […] Read more
Big Win For Sungrow In Brazil With 580 MW Solutions for Voltalia Updated On Tue, Dec 6th, 2022 by Saurenergy Sungrow, the global market leader in the supply of photovoltaic inverters, is supplying the PV inverters for the Serra do Mel 1&2 Photovoltaic Complex, owned by French energy major Voltalia, with operations in 20 countries. The Brazilian project is located in the state of Rio Grande do Norte. The photovoltaic plants located in Rio Grande […] Read more
Shell & Hexicon JV Names Vestas for Large Scale Floating Wind Project Updated On Fri, Dec 2nd, 2022 by Saurenergy A joint venture between Shell and Hexicon AB called MunmuBaram has chosen Vestas as its turbine supplier for a project. The said project is a floating offshore wind project in South Korea and boasts of 1.3 GW. Hexicon AB develops floating offshore wind farms and designs dual turbine floating wind power platforms while Shell is […] Read more
Adani Green Raises $200 Mn Through Yen-Denominated Refinancing Deal Updated On Fri, Dec 2nd, 2022 by Saurenergy Adani Green Energy Ltd (AGEL) has raised a Japanese yen-denominated loan to refinance its current debt for 350 MW of solar projects in the Indian state of Andhra Pradesh. This was done through its subsidiary Adani Solar Energy AP Six. The facility consists of an amortizing project loan for JPY 27,954 million ($200 million), with […] Read more
New Zealand’s Large Scale Green Hydrogen Project Onboards Partners Updated On Wed, Nov 30th, 2022 by Saurenergy Meridian Energy, a New Zealand-based power company that looks to generate electricity through 100 per cent renewable energy sources, has partnered with Australia’s Woodside Energy which explores, develops, and produces hydrocarbon and hydrocarbon products. The partnership will look at the development of a large-scale hydrogen and ammonia facility. The premises will come up at Southland […] Read more
JinkoSolar’s Exclusive Corporate Event in Dhaka Gets Massive Response Updated On Wed, Nov 30th, 2022 by Saurenergy Jinko’s Solar South & Central Asia team, gathered in Bangladesh’s Capital Dhaka for an eventful week of client meetings and site visits. Bangladesh’s reaction and reception to Jinko’s technology and products were positive. “In the future, Jinko will become recognised as a significant and aggressive participant in the Bangladesh market. With our Tiger Neo offering, […] Read more