Brookfield, EIG Consortium Ink Pact to Acquire Origin Energy for A$18.7bn Updated On Wed, Mar 29th, 2023 by Saurenergy A consortium comprised of Brookfield Renewable Partners, together with institutional investors GIC and Temasek, and MidOcean Energy of leading investor EIG will be acquiring 100% shares of Origin Energy Limited. The parities have signed a Scheme Implementation Deed. Origin Energy is Australia’s largest integrated power generator and energy retailer. The Scheme values Origin at an […] Read more
Tokyo Electric Power Company Holdings to Develop 1.9 GW Offshore Wind in Scotland Updated On Mon, Mar 27th, 2023 by Saurenergy Just when many conventional energy and power firms of the world go honking for renewables, Tokyo Electric Power Company Holdings (TEPCO) has announced that it will be developing up to 1.9 GW of floating offshore wind energy in Scotland. TEPCO has secured rights to develop two separate floating offshore wind farms and it intends to […] Read more
EDF Wins 1 GW Offshore Wind Farm Project to be Set Up in Northern France Updated On Mon, Mar 27th, 2023 by Saurenergy French utility EDF has bagged a 1 GW capacity tender aimed at the development of a wind power farm. The 1 GW wind farm is to be established off the coast of Normandy located in northern France. France had revealed that it was developing the offshore project in 2019. This offshore wind farm is part […] Read more
United Caps Joins Hands with Italian Firm Renantis’ 46.8 MW Wind Farm Updated On Fri, Mar 24th, 2023 by Saurenergy Italian renewable energy firm that develops, designs, builds and managees clean energy plants, Renantis has entered into a power purchase agreement (PPA) with United Caps, a packaging firm. Renantis will be covering the output from its 47 MW Åliden wind farm. The wind facility has been operational since 2019 in Sweden. The 46.8 MW facility, […] Read more
Havfram Wind to Install Turbines at Hornsea 3 Offshore Wind Project for Ørsted Updated On Wed, Mar 22nd, 2023 by Saurenergy Offshore wind construction firm Havfram Wind has said that it has appointed by global renewable giant Ørsted to install turbines at its Hornsea 3 offshore windfarm, starting autumn 2026. The wind energy project is world largest of such kind. Havfram Wind said that it will be utilizing one of its newly built NG20000X Jack-Up Wind […] Read more
NTPC REL & Indian Army Join Forces for Green Hydrogen Projects Updated On Tue, Mar 21st, 2023 by Saurenergy A fully-owned subsidiary of the NTPC Limited, NTPC Renewable Energy Ltd has signed an MoU with the Indian Army for the establishment of Green Hydrogen projects in its establishments. These will be on Build, Own and Operate (BOO) model. The aim of the partnership is to reduce complex logistics, dependence on fossil fuels and to […] Read more
IPP DNV Picked as Advisor for South Korea’s Offshore Grid Plan Updated On Fri, Mar 17th, 2023 by Saurenergy Independent Power Provider DNV has been picked by Korea Electric Power Corporation (KEPCO) to help with the development of an offshore power grid plan. The offshore project will transfer renewable offshore wind power to South Korea. KEPCO is the largest electric utility in South Korea. The said project is slated for completion by the middle […] Read more
As Inverters Become ‘Smart’ Customers Follow Suit Updated On Mon, Mar 6th, 2023 by Saurenergy Solar inverters, with a share of 3-7% of project cost typically, have always played a far more critical role than the share of costs would imply. As the ‘brains’ behind the plant, the role of the inverter in converting power generated with the highest possible efficiency, in the safest way possible, has been critical for […] Read more
L’Oréal Signs Agreement with EDF for Renewable Energy Updated On Tue, Feb 28th, 2023 by Saurenergy French personal care company L’Oréal has partnered for renewable energy with EDF Renewables through a PPA. EDF Renewables is a wholly-owned subsidiary of the French utility EDF Group. As per the 15-year agreement, EDF will be focussing on two solar parks located in the Corrèze and Vosges regions, where EDF will be able to produce […] Read more
