Pexapark’s European Market Outlook 2024-More Utility, Hybrid PPAs In Offing Updated On Wed, Jan 31st, 2024 by Saurenergy Switzerland-based Pexapark, a specialist provider of Power Purchase Agreement (PPA) price reference, risk and portfolio management software and advisory services for renewable energy, has some interesting predictions for 2024, when it comes to Europe. In its latest European Market Outlook 2024 Report, the Pexapark predicts that Germany will be back on top in 2024 with […] Read more
Adani Green FY24 Update Highlights 16% Growth In Capacity, 59% In Power Sales Updated On Tue, Jan 16th, 2024 by Saurenergy In an operational update to the stock exchanges, Adani Green Energy Limited (AGEL), the renewable energy developer arm of the Adani Group, has shared the progress it has made in the first 9 months of FY24. With a target of 45GW of operational renewable energy by 2030, which would be close to10% of India targets, […] Read more
Avaada To Develop 6 GW Hybrid Wind-Solar Projects In Gujarat Updated On Mon, Jan 15th, 2024 by Saurenergy Avaada Group recently signed a Memorandum of Understanding (MoU) with the Gujarat government. Per the agreement, the cleantech company aims to set up hybrid wind-solar projects with an aggregate 6000 MW (6 GW) capacity in the coastal state. It has also planned an investment of about Rs 40,000 crore. The agreement between Avaada and the […] Read more
E-Fuel Hybridization With Solar Can Improve Energy Production: IEA Updated On Wed, Jan 10th, 2024 by Saurenergy A latest report by the International Energy Agency (IEA) on, “Role of E-Fuel in Decarbonizing Transport”, studied the role of hybridization of E-Fuel with wind and solar as a solution in reducing carbon dioxide (CO₂) emission. The report stated, “E-Fuel have emerged as an alternative in situations where, the usage wind and solar resources is […] Read more
Saudi’s ACWA Power in PPA with South Africa for Dispatchable RE Project of 150 MW Updated On Wed, Dec 20th, 2023 by Saurenergy Saudi-based clean energy firm ACWA Power, has entered into a Power Purchase Agreement (PPA) for a project known as, ‘ACWA Power Project DAO’ to be established in South Africa. The initiative is for a dispatchable renewable hybrid plant of 150 MW capacity. The signatories of the agreements included Gwede Mantashe, Minister of Mineral Resources and […] Read more
Dubai is Now Home to World’s Largest Concentrated Solar Power Project Updated On Thu, Dec 7th, 2023 by Saurenergy Dubai has inaugurated the world’s largest concentrated solar power (CSP), which is in the fourth phase of the city’s Mohammed bin Rashid Al Maktoum Solar Park and entails the capacity of 950 MW. The CSP project was unveiled by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler […] Read more
Sungrow To Supply South Africa’s First Hybrid Wind-Solar-Battery Project Updated On Tue, Dec 5th, 2023 by Saurenergy Global solar inverter player Sungrow signed a supply agreement with French renewable energy group EDF Renewables, to provide 264MWh liquid-cooled energy storage systems and MV transformers, for the Umoyilanga project – South Africa’s first wind-solar-storage integrated hybrid virtual power plant (VPP). EDF Renewables, and privately held investment company Perpetua Holdings (Pty) Ltd, won the Umoyilanga […] Read more
UAE’s Clean Energy Powerhouse Masdar Expands European Footprint With 1GW Portfolio Updated On Tue, Dec 5th, 2023 by Saurenergy Masdar, the UAE’s clean energy powerhouse announced the acquisition of eight hybrid renewable energy projects, along with Taaleri Energia, a Finland-based renewable energy developer and fund manager, marking a significant expansion to both companies’ Polish renewable energy portfolios. The announcement was made on December 4, and follows a series of announcements by the government owned […] Read more
Tata Power Renewable Energy Gets LoA For Supply of 200 MW From SJVN Updated On Wed, Nov 29th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has received a Letter of Award (LOA) for developing a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project with SJVN Limited (SJVN). SJVN is an Indian public sector undertaking (PSU) involved in hydroelectric and renewable power generation and transmission. It […] Read more
