Continuum Energy Raises $350 Million For C&I Renewable Market In India Updated On Thu, Jul 14th, 2022 by Saurenergy Singapore-based Continuum Green Energy Ltd, has announced that it has raised $350 million in debt by issuing senior secured floating rate notes to two international institutional investors. The notes have a tenure of 3.5 years and the proceeds will be partly used to refinance debt and finance project construction. The floating rate is linked to […] Read more
Syngene Announces Acquisition of 26% Stake in Ampyr Updated On Wed, Jul 13th, 2022 by Saurenergy The corporate sector is bullish about investments in the renewable sector reasoned by the availability of cheap power and compulsions under ESG ambitions. In a latest development, Syngene International has revealed that it is looking to acquire up to 26 per cent equity stake in Ampyr Renewable Energy Resources Eleven, which is a SPV formed […] Read more
NMDC Looking To Invest In Renewable Energy Sources Updated On Mon, Jul 11th, 2022 by Saurenergy Mining major National Mineral Development Corporation (NMDC) has set its sights on investment in the renewable energy sector. The information comes from Sumit Deb, Chairman and Managing Director (CMD) of NMDC. The top official of the Central PSU affirmed the quest of NMDC to invest in the renewable energy sector as he said that the […] Read more
Fugro Lends Support To Denmark’s Largest Offshore Wind Farm Updated On Thu, Jul 7th, 2022 by Saurenergy Netherland-based geo-data specialist, Fugro, has set in motion geotechnical site surveys at RWE’s Thor offshore wind farm project. The acquired geo-data will be used to design, produce, and install the major parts of the wind farm, such as the foundations for the turbines and the inter-array and export cables. According to RAW, Thor is set […] Read more
Bihar Development Floated EOI Tender for Setting Up Manufacturing Unit Updated On Mon, Jul 4th, 2022 by Saurenergy Bihar Renewable Energy Development Agency (BREDA) has floated a tender for the empanelment of manufacturers of Luminary, Battery, and Solar PV modules for setting up the Manufacturing Unit. BREDA invites the bids through Expression of Interest (EOI). For participating in these Bihar Development tenders, the bidders need to fulfill the minimum eligibility criteria specified under […] Read more
JSW Steel Pledges Rs 10,000 cr For Renewable Energy Investments Updated On Mon, Jul 4th, 2022 by Saurenergy JSW Group Chairman Sajjan Jindal has made a strong pitch for going green in it’s 2021-22 annual report. With an aim to reduce the carbon footprint of its operations and reduce dependence on coal based power, Jindal said that the company will be investing Rs 10,000 crore to increase it’s use of renewable energy. The […] Read more
DWO, EWP Partner To Develop 4GW Offshore Wind In South Korea Updated On Fri, Jul 1st, 2022 by Saurenergy In a key development, Deep Wind Offshore (DWO) has partnered with East West Power (EWP) for the development of offshore wind projects in South Korea. DWO is an offshore project developer based out of Norway and East West Power is a state owned South Korean energy company. Both DWO and EWP will construct four floating […] Read more
Vestas Secures 86 MW & 39 MW Orders in USA & Estonia Updated On Thu, Jun 30th, 2022 by Saurenergy Wind turbine manufacturer, Vestas has secured two wind project in USA & Estonia with the respective capacity of 86 MW & 39 MW. For the 86 MW Project Sacramento Municipal Utility District (SMUD) has given Vestas an 86 MW order to repower the Solano Wind Project Phase 4 wind farm in California, USA. The site’s […] Read more
Petrofac and Hitachi Energy Join Up To Tap Growing Offshore Wind Market Updated On Wed, Jun 29th, 2022 by Saurenergy To provide grid integration and related infrastructure to serve the quickly expanding offshore wind business, grid automation solutions company Hitachi Energy has partnered with Jersey-based international service Petrofac. To enable the decarbonization of power networks and produce sustainable energy, the collaboration leverages the complementary core technologies and offshore wind industry knowledge of both firms. Both […] Read more
