Northland Power Secures Financial Close for 250 MW Oneida Energy Storage Project Updated On Fri, May 19th, 2023 by Saurenergy It looks like the energy storage infrastructure is burgeoning in Canada with many announcements being made this week. In the fresh case, Toronto-headquartered Northland Power has announced that its 250 MW Oneida Energy Storage Project in Southern Ontario has reached financial close. It has secured all the necessary financing. The total cost for the project […] Read more
Ireland First Offshore Wind Auction: 3.1 GW Awarded in Four Projects Updated On Fri, May 12th, 2023 by Saurenergy Ireland has awarded four offshore wind energy projects of capacity nearing 3,100 Megawatt (3.1GW) in its first offshore wind auction conducted under Renewable Electricity Support Scheme ‘ORESS 1.’ The 1,300 MW Codling Wind Park will be owned and developed by a joint venture of Fred. Olsen Seawind and EDF Renewables. RWE has said it will […] Read more
Actis Launches $500 Million Renewables Platform In Japan Updated On Wed, May 10th, 2023 by Saurenergy Global investor in sustainable infrastructure – Actis – has launched a new $500 million renewables platform called Nozomi Energy which will be Japan-focused. Nozomi will target 1.1GW of onshore wind and solar power generation by 2027. The investment is made from fifth and latest energy infrastructure fund of Actis, which represents $6 billion of investable […] Read more
The Top 5: Reasons Why Public Transport Offers the Fastest Decarbonisation Solution for Transportation Updated On Mon, Apr 24th, 2023 by Saurenergy Owing to the increasing private vehicle fleet, Indian cities are suffering from the twin problems of road congestion and emissions. While the story of vehicular emissions is well known, the situation isn’t good in terms of traffic congestion either. For instance, the optimal travel time for a 10 km trip is around 16 and a […] Read more
TotalEnergies ENEOS to Install 3 MWp Rooftop Solar for Bedmutha Industries Updated On Thu, Apr 13th, 2023 by Saurenergy Singapore-headquartered TotalEnergies ENEOS has signed a long-term deal with Bedmutha Industries (BIL) for a 3 MWp rooftop solar photovoltaic (PV) system at its manufacturing facility in Nardana, Maharashtra. BIL is a manufacturer of wires, ropes, steel and copper products. TotalEnergies said that this rooftop solar system will power about 28% of the facility with renewable […] Read more
Ryse Energy Raises $15 Million in Growth Capital Round Updated On Tue, Apr 11th, 2023 by Saurenergy Global decentralized renewable energy systems provider Ryse Energy, has said that it has raised a $15 million growth funding round. The firm claims to have sold or installed more than 4,000 units of decentralized renewables worldwide. Ryse Energy said that the funding round was led by RWE Energy Transition Investments, an investment vehicle of RWE […] Read more
SELCO & IKEA Foundation To Usher Solar Solutions For 25,000 Healthcare Facilities Updated On Mon, Apr 10th, 2023 by Saurenergy With an aim to transform the public health infrastructure for improved sustainability, SELCO Foundation and IKEA Foundation, in partnership with India’s Ministry of Health and Family Welfare (MOHFW) and various State Health Missions, have launched an initiative called ‘Energy for Health’. The program sets sights on climate adaptation and mitigation at the center to all […] Read more
Vedanta, SRIPL Collaborate for 105 MW Renewable Power for Chhattisgarh Smelter Updated On Wed, Apr 5th, 2023 by Saurenergy Vedanta owned Bharat Aluminium Company Ltd. (BALCO) has said that it has signed an agreement with Serentica Renewables India Private Ltd (SRIPL) whereby the two firms will establish a special purpose vehicle (SPV) to source hybrid renewable energy for the aluminium operations in Chhattisgarh. Vedanta revealed in a regulatory filing “BALCO has entered into a […] Read more
EDF Renewables to Develop 425 MW Solar Power in Indiana Updated On Wed, Apr 5th, 2023 by Saurenergy EDF Renewables North America has announced that it has signed two agreements with Indiana Michigan Power (I&M), a subsidiary of American Electric Power (AEP), delivering and helping I&M to add 425 MWac (554 MWdc) of solar energy to its clean energy mix. EDF Renewables held that in the scheme of things, I&M will purchase the […] Read more