Austrian Firm Enery Set to Build Bulgaria’s Biggest Solar Park Updated On Mon, Feb 27th, 2023 by Saurenergy Austrian firm, Enery, controlled by Three Seas Initiative Investment Fund (TSIIF) through Amber Infrastructure, is currently operating one of both largest PV facilities in Bulgaria. Founded in 2019, Enery is a leading renewable energy developers in Central and Eastern Europe. In 2020, it purchased a solar park on 100 hectares with a 60.4 MW peak […] Read more
IOC Sets Sights on RE Capacity Addition, EV Charging Among Others in Restructuring Spree Updated On Mon, Feb 27th, 2023 by Saurenergy The Chairman of Indian Oil Corporation (IOC) Shrikant Madhav Vaidya has said that the CPSU has set its sights on green hydrogen plants at all its refineries. The timeline for this goal has been set for 2047. The announcement comes as part of the Rs 2 lakh crore planned for green transition towards net-zero emissions. […] Read more
Odisha State Budget Provisions Rs 50 Crore to Build Transmission Infra for RE Updated On Sun, Feb 26th, 2023 by Saurenergy In the recently presented state Budget in the assembly, the Odisha Government has set out Rs 50 crore for the development of a green energy evacuation corridor. The Budget was presented by Odisha Finance Minister, Niranjan Pujari and in the amount is allocated for the corridor in which renewable energy projects will be built to […] Read more
IREDA Plans Office in Gujarat’s GIFT City for Foreign Currency Funding of Renewables Updated On Fri, Feb 24th, 2023 by Saurenergy The Indian Renewable Energy Development Agency Ltd (IREDA) is planning to establish an office in Gujarat’s GIFT City to finance renewable energy projects in foreign currency. The office at GIFT City, Gandhinagar, will be classified as an overseas office, allowing the IREDA to avoid foreign exchange hedging cost. Pradip Kumar Das, Chairman and Managing Director […] Read more
Michigan-Headquartered ONE Introduces ‘Aries Grid’ Renewable Energy Storage Updated On Fri, Feb 24th, 2023 by Saurenergy Michigan-headquartered Our Next Energy (ONE) has launched Aries Grid, a lithium iron phosphate (LFP) utility-scale battery system that can serve as long-duration energy storage. ONE said that Aries Grid will be manufactured in America and it represents a milestone achievement in efforts to scale-up investments in renewable energy infrastructure and grid reliability. “Energy storage is […] Read more
US Sets Sights on First Offshore Wind Auction in Gulf of Mexico Updated On Fri, Feb 24th, 2023 by Saurenergy The United States has come up with a proposal for the first sale of offshore wind power development rights in the Gulf of Mexico. The sale currently under planning is an effort towards Joe Biden’s administration to set up wind turbines along all the coastlines of the USA, which looks to achieve 30 GW of […] Read more
Indo-French Workshop for Transition to EVs & Strengthening Bilateral Ties on Energy Updated On Thu, Feb 23rd, 2023 by Saurenergy The Indo-French Workshop on Clean and Sustainable Energy Technologies (INFINITE) has been launched at New Delhi’s CSIR National Physical Laboratory. The Secretary of Ministry of Science and Technology, Dr. S. Chandrasekhar, inaugurated the workshop being held from February 21 to 24, 2023. On the platform, India spoke about greater cooperation with France in the areas […] Read more
American DISCOM AEP to Sell Over 1.3 GW of Renewable Portfolio Updated On Thu, Feb 23rd, 2023 by Saurenergy Just as America is expanding the renewable power to spearhead the global drive to combat climate change, Columbus based American Electric Power (AEP) has entered into an agreement to sell its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings at an enterprise value of $1.5 billion including project debt. IRG Acquisition Holdings is […] Read more
French Firm Akuo Energy Looks to Set up Agrisolar Portfolio in Greece Updated On Thu, Feb 23rd, 2023 by Saurenergy French renewable energy firm Akuo Energy has established its first solar park in Greece. Back in October 2021, the firm had set up the 1 MW Chalki island project. The newly launched project includes four PV comprising 1 MW each. The yearly output of the project will help meet the needs of 350 households, the […] Read more
