Adani Electricity Mumbai (AEML) Tender for 1500 MW Renewable Energy Updated On Tue, Jan 3rd, 2023 by Saurenergy In order to double its renewable share in the present offering to consumers, Adani Electricity Mumbai Limited (AEML) – a DISCOM under Adani Group – has issued a tender for the purchase of 1500 MW of power from grid connected renewable energy plants. Of this, 750 MW will be under greenshoe option. The AEML notification […] Read more
Torrent Power Mulls Over Buying 1.1 GW Clean Energy from ReNew Energy Global Updated On Mon, Jan 2nd, 2023 by Saurenergy Ahmedabad-based Torrent Power, that looks into the generation, transmission and distribution of power, is in the midst of discussions with ReNew Energy Global Plc for the purchase of clean power projects, the capacity of which will stand at 1.1 GW. Sources have revealed that the deal is valued at $1.2 billion. ReNew Energy Global Plc […] Read more
Solar Energy & EV Charging Firm Altus Power Acquires 220 MW Solar Facilities Updated On Thu, Dec 29th, 2022 by Saurenergy In a major development in the American renewable energy sector, Altus Power has announced that it has entered into a definitive agreement for the acquisition of 220 MW of newly developed and in-construction solar assets. US-based Altus Power is an independent developer, owner and operator of commercial-scale solar facilities. Altus Power provides solar generation for […] Read more
EDF Renewables & Munich Re’s MEAG to Invest in US Renewable Energy Projects Updated On Wed, Dec 28th, 2022 by Saurenergy The United States is witnessing unprecedented growth in renewable energy. In a key development, EDF Renewables North America and MEAG, acting in its capacity as Munich Re’s global asset manager, announced the closing on a strategic investment whereby a subsidiary of Munich Re acquired a 50% stake in two renewable energy projects in California. The […] Read more
Octopus Energy Invests In FFNEV; Eyes Iberia, EU and Latin America Updated On Mon, Dec 26th, 2022 by Saurenergy Octopus Energy – the wind and solar player of the United Kingdom – is bullish on the development of renewable energy in the Iberian Peninsula. The fresh evidence comes from the power generation unit of Octopus Energy investing in renewables energy player FF New Energy Ventures (FFNEV). Octopus Energy held that the investment is aimed […] Read more
World Bank Approves $311 Million for Renewable Energy in West Africa Updated On Fri, Dec 23rd, 2022 by Saurenergy The World Bank has cleared the Regional Emergency Solar Power Intervention Project (RESPITE) for the West African region with an approval of $311 million that will be financed through its agency – International Development Association (IDA). The new project is expected to benefit the existing and prospective power consumers in the participating countries of Chad, […] Read more
A$7.8 Bn Deal for Renewable Energy Transmission Infra in New South Wales Updated On Thu, Dec 22nd, 2022 by Saurenergy The provincial government of New South Wales (NSW) has clocked a landmark agreement of A$7.8 billion ($5.2 billion) with the Federal Government to further the renewable energy infrastructure in the province. The deal was announced by Prime Minister Anthony Albanese in the presence of NSW Premier Dominic Perrottet and is aimed at urgently stepping up […] Read more
Solar+BESS Project in Palau by Philippines’ Altenergy Headed Towards Completion Updated On Tue, Dec 20th, 2022 by Saurenergy Philippines-based leading distributor of solar photovoltaic products and battery storage solutions Alternergy has shared that a solar PV and battery storage project in the Republic of Palau, is headed towards completion. The project will kickstart in April next year. Alternergy has investments spanning across RE technologies- solar, wind, hydro. At the same time, it is […] Read more
Prioritising Rajasthan’s Energy Sufficiency Sustainably Requires Incentivising State Genco Updated On Mon, Dec 19th, 2022 by Saurenergy Solar energy is the most readily available source of non-polluting renewable energy resource. The uniqueness of the solar technologies is that it offers a wide range of applications in solar PV as well as solar thermal technology in which case, the generated heat could be used for domestic as well as industrial applications and power […] Read more