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
Highest Cost of Financing for RE in Mexico, Egypt & Tunisia, Lowest in Germany: IRENA Updated On Mon, May 8th, 2023 by Saurenergy IRENA (International Renewable Energy Agency) has released a report entitled ‘The Cost of Financing for Renewable Power’. The Cost of Capital (CoC) is a major determinant of the total price to purchasers of electricity from renewable power generation technologies. As per the report, incorrect assumptions for CoC are not accurate, the cost of electricity might […] Read more
Hitachi, Quanta Bag EPC Contract for 3.5 GW SunZia Project Updated On Fri, May 5th, 2023 by Saurenergy Renewable energy players Quanta Services and Hitachi Energy have been selected by Pattern Energy Group, a firm that delves into renewable energy and transmission infrastructure, to build its SunZia transmission and wind project. This is the largest renewable project of the USA being built with $8 billion of direct capital investment. Pattern Energy held that […] Read more
EBRD Lends €29 Million For Albania’s 140MW Solar Project Updated On Tue, Apr 25th, 2023 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has said that its lending €29 million to an Albanian special-purpose vehicle, owned by France’s Voltalia, to develop the 140 MW Karavasta solar plant. This solar power plant will come up in the Fier area of south-western Albania. The EBRD is anchoring the €99 million financing structure […] Read more
Siemens Gamesa To Supply Turbines For 1.5 GW Baltic 2 Sea Project Updated On Fri, Apr 21st, 2023 by Saurenergy Global renewable energy conglomerates Ørsted and PGE Baltica have selected wind turbine major Siemens Gamesa for turbine supply for the Baltica 2 offshore wind project in the Baltic Sea. It will be supplying for one of the two stages of the wind energy project that will help Poland’s offshore wind industry to make giant leaps […] Read more
China’s Solar Supply Chain Humming With Orders As Local Manufacturers Race To Meet Demand Updated On Wed, Apr 5th, 2023 by Saurenergy China’s dominance of the solar supply chain has lifted firms across the sector, from polysilicon to modules. For now, it is firms focused on solar wafers that are grabbing attention, as cell manufacturers have run up against stronger than expected demand. Firms in Jiangsu province, a key hub for solar manufacturing have been reporting record […] Read more
GE, Siemens Gamesa Settle Patents Dispute Outside Courts Updated On Mon, Apr 3rd, 2023 by Saurenergy Global wind energy conglomerates GE and Siemens Gamesa have announced that they have reached an amicable settlement to end both their legal cases regarding patent disputes in connection with the Haliade-X wind turbine. The two firms have multiple pending cases in Europe and the US. Both GE and Siemens Gamesa have kept the settlement terms confidential. […] Read more
Project Plant Engineer Updated On Thu, Mar 30th, 2023 by Saurenergy GE Renewable – Grid Solution Integration product line is globally recognized for designing, manufacturing, and delivering customized High Voltage Direct Current (HVDC) solutions for utilities worldwide. With over 130 years of pioneering experience, GE offers two HVDC technologies, Line Commutated Converters (LCC) and Voltage Source Converters (VSC), to support a broad range of applications and […] Read more
Iberdrola to Supply Over 1 TWh Renewable Power to Amazon Updated On Wed, Mar 29th, 2023 by Saurenergy In a key development that will step-up the decarbonisation of global e-commerce and cloud company Amazon, Spanish energy firm Iberdrola has inked its largest ever power purchasing agreement (PPA) under which it will develop large-scale renewable energy projects along with Amazon. The PPA is signed for the Iberdrola renewable energy projects – new wind and […] Read more
