Repsol Buys RE Investment Platform Asterion Energies to Add 7.7 GW to Portfolio Updated On Tue, Dec 20th, 2022 by Saurenergy Spanish multinational energy and petrochemical company – Repsol – has announced the signing of the acquisition of Asterion Energies from European infrastructure fund Asterion Industrial for EUR 560 million plus up to EUR 20 million in contingent payments. Repsol said it looks to become a global player in renewable energy and strengthen its position in […] Read more
Solar+BESS Project in Palau by Philippines’ Altenergy Headed Towards Completion Updated On Tue, Dec 20th, 2022 by Saurenergy Philippines-based leading distributor of solar photovoltaic products and battery storage solutions Alternergy has shared that a solar PV and battery storage project in the Republic of Palau, is headed towards completion. The project will kickstart in April next year. Alternergy has investments spanning across RE technologies- solar, wind, hydro. At the same time, it is […] Read more
Renewable Energy Major ReNew Power to Supply 150 MW Green Energy to Microsoft Updated On Mon, Dec 19th, 2022 by Saurenergy Gurugram-based ReNew Power, that claims to be India’s leading renewable energy company, has signed a renewable energy agreement for 150 MW with Microsoft India. The official statement of ReNew Power mentions that it is one of the largest such deals in India. According to the agreement, ReNew will produce 150 MW of clean energy from […] Read more
Tata Motors to Run 921 Electric Buses in Bengaluru Updated On Mon, Dec 19th, 2022 by Saurenergy India’s leading EV maker Tata Motors has announced that it has signed a definitive agreement with Bengaluru Metropolitan Transport Corporation (BMTC) through its fully owned subsidiary, TML Smart City Mobility Solutions Ltd. under which the company will operate 921 electric buses in Bengaluru, Karnataka. As part of the agreement, TML Smart City Mobility Solutions will […] Read more
Danish RE Developer European Energy Acquires Majority Stake in 3.6 GW Queensland Project Updated On Mon, Dec 19th, 2022 by Saurenergy Denmark-based renewable energy developer European Energy has acquired a majority stake in the Pacific Solar Hydrogen Project which is under development near Gladstone on central Queensland coast. The project, which will boast of 3.6 GW of photovoltaic power and battery energy storage, is being developed by Austrom Hydrogen and will be built on a 6,000 […] Read more
Egypt’s New Energy Plans to Increase Renewable Energy Capacity by 55 GW Updated On Fri, Dec 16th, 2022 by Saurenergy Egypt will soon become a significant global energy hub, according to the country’s senior authority in the field. The nation inked numerous projects in November that would increase its current solar and wind power generation by over 55 GW. Mohammed Al-Khayyat, the Chairman of the New and Renewable Energy Authority, reported that during the COP27 […] Read more
ACME Group Sets Foot into Gujarat Wind Energy Market with 50 MW Project Updated On Fri, Dec 16th, 2022 by Saurenergy Gurugram-based ACME Group has entered the wind energy market by signing a PPA with Gujarat Urja Vikas Nigam Limited (GUVNL). Currently, ACME runs solar power facilities in 12 States and provides electricity to 13 State DISCOMS. The ACME Group has won its first 50 MW grid-connected wind power project to mark its debut in the […] Read more
Our Order Book Is Likely To Exceed 4 GW by March 2023 at Envision Energy India Updated On Fri, Dec 16th, 2022 by Saurenergy Envision Energy India has had a great run in the past few months, with order bookings for its Wind Turbine Generators hitting record levels of over 2.7 GW for projects over the next 25 months. With production capacity set to hit over 3 GW by Q2 2023, the future promises an exciting set of possibilities […] Read more
US, Canada, India will Make up 80% of Global Expansion of Biofuel Use: IEA Updated On Thu, Dec 15th, 2022 by Saurenergy A study titled “Analysis and Forecast to 2027” has been released by the IEA (International Energy Agency). The IEA’s main analysis of the industry, Renewables 2022, is based on recent changes in market conditions and policy. It projects the adoption of renewable energy technologies for electricity, transportation, and heating through 2027 while also examining the […] Read more
