Singapore’s Sembcorp Signs Pact To Acquire Vector Green Energy For Rs 2780 Crore Updated On Mon, Nov 14th, 2022 by Saurenergy Singapore-based Sembcorp Industries has announced that its wholly-owned subsidiary, Sembcorp Green Infra Limited, has signed an agreement with India Infrastructure Fund II to acquire 100 per cent interest in Vector Green Energy Private Limited for a base equity consideration of approximately Rs 2780 crore (approximately S$474 million). India Infrastructure Fund II is a fund managed […] Read more
Source Galileo JV Sets Sights on 5 GW Renewable Energy Development Updated On Thu, Nov 10th, 2022 by Saurenergy Source Galileo- a Joint Venture between Source Energie and Galileo, is looking at developing over 5 GW of offshore and onshore renewable energy and storage projects in Ireland, Norway, and the UK. Source Energie looks into developing and bringing large new energy projects into operation and Galileo Green Energy is a pan-European, multi-technology, renewable energy developer, owner, and operator. Development activities […] Read more
Iberdrola, AXA IM Alts Partner for 1-GW Normandy Wind Auction Updated On Tue, Nov 8th, 2022 by Saurenergy Spanish multinational electric utility company Iberdrola is trying to make the most out of the French renewable expansion. In a fresh bid, Iberdrola has signed a Memorandum of Understanding (MoU) with global investment specialist AXA IM Alts for possible collaboration for upcoming projects in the offshore wind energy sector in France. Iberdrola is a participant […] Read more
Shapoorji Pallonji’s FPSO Armada Sterling-V Achieves Sail-Away Readiness Updated On Thu, Nov 3rd, 2022 by Saurenergy India’s sole specialist in Floating Production Storage and Offloading Units (FPSOs), Shapoorji Pallonji Oil & Gas Pvt Ltd (SP O&G) has achieved a significant milestone of sail-away readiness for its FPSO Armada Sterling V at Sembcorp Shipyard in Singapore. The FPSO is owned by a 70:30 joint partnership between SP O&G and the Malaysian Bumi […] Read more
SJVN Floats Tender for Setting Up Pilot Project for Green Hydrogen in Himachal Pradesh Updated On Wed, Nov 2nd, 2022 by Saurenergy Satluj Jal Vidyut Nigam (SJVN) Green Energy has floated a tender for setting up a pilot project for a green hydrogen production plant of 20NM3 /HR capacity integrated with 25KW fuel cell power generation plant at 1500 MW NJHPS, Himachal Pradesh. The last date for submitting the bid for this green hydrogen production plant tender […] Read more
Galata Wind Gets $45 Million EBRD Loan For Wind Projects Updated On Tue, Nov 1st, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) is extending up to $ 45 million in financing to Turkish firm Galata Wind Enerji AS to boost the company’s wind capacity and accelerate Turkey’s transition to a clean energy future. According to the official statement of Galata Wind, the new loan from EBRD will finance up […] Read more
Masdar Acquires Arlington for Renewable Energy Storage in UK, Europe Updated On Wed, Oct 26th, 2022 by Saurenergy Renewable energy conglomerate Masdar has announced that it has acquired UK-based battery energy storage system (BESS) developer Arlington Energy that will enable Masdar to expand its presence in the UK and European RE markets and support countries’ net-zero objectives. Arlington Energy delves into developing, building, operating and financing flexible energy solutions; having taken over 170 […] Read more
NIWE & NLCIL Collaborate to Build Onshore, Offshore Wind Power Plants Updated On Thu, Oct 20th, 2022 by Saurenergy To collaborate strategically on the development of onshore and offshore wind power projects in India, Neyveli Lignite Corporation Limited India Ltd (NLCIL) and the National Institute of Wind Energy (NIWE)- an independent R&D organization under the Ministry of New and Renewable Energy have signed a Memorandum of Understanding (MoU). The MoU was signed and exchanged […] Read more
Tata Power to Expand Rajasthan RE Portfolio to 10-GW in Five Years Updated On Wed, Oct 12th, 2022 by Saurenergy Energy conglomerate Tata Power has revealed in an industry event that the company is looking to expand its renewable energy based portfolio in the resource abundant state of Rajasthan. The company has said during the Invest Rajasthan summit that it wants to develop about 10GW of renewable energy in the state in the coming five […] Read more
