Australia’s Biggest Wind Project to Double in Size for First 2 GW Cluster Updated On Mon, Nov 28th, 2022 by Saurenergy Australian States have constantly been ramping up efforts in renewable energy, wind energy included. Now, Queensland, dubbed as the ‘Sunshine State’, has recently revealed its aspirations with regards to what the government has termed as one of the largest wind onshore projects globally. This will entail a new 1 GW project by Acciona, a Spanish […] Read more
KKR Invests in Hero Future Energies in $450 Million Transaction Updated On Tue, Sep 20th, 2022 by Saurenergy New York’s Kohlberg Kravis Roberts & Company (KKR), a leading global investment firm, and Hero Future Energies (“HFE”)- the renewable energy arm of the Hero Group, have announced the signing of definitive agreements. Under the agreements, KKR and the Hero Group will invest $450 million in HFE. This investment will position HFE for continued growth […] Read more
WEnergy Global & Partners Win Biggest Tender for Power Grids in Philippines Updated On Fri, Sep 9th, 2022 by Saurenergy Singapore’s WEnergy Global, jointly with Maharlika Clean Power Holdings and Clean Grid Partners, collectively referred to as the Maharlika Consortium, through their Special Purpose Vehicle, Archipelago Renewables Corporation, has signed a Qualified Third Party (QTP) Service Contract to energize over 7,100 households and 300 small local businesses through 16 microgrids spread over 14 barangays in […] Read more
UAE Govt’s Masdar Announces Financial Close on Uzbekistan’s 500 MW Wind Project Updated On Mon, Sep 5th, 2022 by Saurenergy UAE-based global renewable energy developer Masdar has announced in Tashkent that it has achieved financial close on the 500 MW Zarafshan wind project in Uzbekistan, which is the country’s first utility-scale wind farm. Masdar entered into bilateral agreements with the Government of Uzbekistan in 2020 to develop, build and operate the Zarafshan wind farm, the […] Read more
European Bank To Invest $21.4M In Azerbaijan’s Solar Plant Updated On Wed, Aug 3rd, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD), the Asian Development Bank (ADB), the Japan International Cooperation Agency (JICA), and the Abu Dhabi Fund for Development (ADFD) have all approved a finance package of $114.2 million (USD) to help Azerbaijan diversify its energy mix. The funds will facilitate a 230 MW photovoltaic (PV) solar power […] Read more
Kerala Electricity Board Awards Hero Future Energies 10-MW Battery Storage Project Updated On Mon, Jul 25th, 2022 by Saurenergy Delhi-based renewable energy developer and the renewable arm of the Hero Group, Hero Future Energies (HFE), claimed last week that it has “emerged as a successful bidder” in the tender floated by the Kerala State Electricity Board (KSEB). The tender was for the construction of a 10 MW grid-connected energy storage plant in the state. […] Read more
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
SJVN To Build Two Solar Power Projects For Rs 690 Cr In Uttar Pradesh Updated On Wed, Jul 13th, 2022 by Saurenergy State-owned renewable energy player SJVN has announced that it has entered into an agreement with Solarworld Energy Solutions for the development of two solar power projects in Uttar Pradesh. There will be a total investment of more than Rs 690 crore and the total generation capacity of the two solar projects shall be 125 MW. […] Read more
Togo Gets $40m Loan For 42 MWp Solar Power Project From West African Development Bank Updated On Tue, Jun 21st, 2022 by Saurenergy Togo has received a fresh loan from the West African Development Bank for the development of a 42 MWp solar power plant in Awandjelo area of Northern Togo. The bank is an international Multilateral Development Bank meant for the development of Francophone and Lusophone in West Africa. The loan was approved by the Board of […] Read more
