Iberdrola to Supply 250 GWh of Renewable Energy to Holcim Every Year Updated On Thu, May 25th, 2023 by Saurenergy Spanish energy conglomerate Iberdrola and sustainable building solutions provider Holcim have signed a major new clean energy PPA under which Iberdrola will provide Holcim with 250 GWh of renewable energy per year from its Baltic Eagle offshore windfarm in Germany. The two firms have also agreed to work together on a wide range of further […] Read more
Power Ministry Notifies New Amendments To Green Energy Open Access Rules Updated On Wed, May 24th, 2023 by Saurenergy The Ministry of Power has notified the second amendment to the Green Energy Open Access Rules 2022. The new notified rules envisage to amend three provisions of the original rules, published by the ministry in June, last year. The new notified rules have been named Electricity (Promoting Renewable Energy Through Green Energy Open Access) (Second […] Read more
Northland Power Secures Financial Close for 250 MW Oneida Energy Storage Project Updated On Fri, May 19th, 2023 by Saurenergy It looks like the energy storage infrastructure is burgeoning in Canada with many announcements being made this week. In the fresh case, Toronto-headquartered Northland Power has announced that its 250 MW Oneida Energy Storage Project in Southern Ontario has reached financial close. It has secured all the necessary financing. The total cost for the project […] Read more
Govt to Offer Subsidies to Build Ships that Employ Offshore Wind Projects Updated On Fri, May 19th, 2023 by Saurenergy The Indian government will now extend subsidies to build ships establishing offshore wind projects. It is a part of the shipbuilding subsidy scheme, which the government revised to include the manufacture of these vessels. The move comes even as the government finally announced a (draft) offshore wind policy and hopes to install the first projects […] Read more
Vattenfall, OX2 To Build 1.6-GW Offshore Wind Power In Sweden Updated On Tue, May 16th, 2023 by Saurenergy Global renewable energy developers Vattenfall and OX2 have received permission from the Swedish government to build 1.6 GW of offshore wind energy in Sweden waters. Vattenfall will be developing 1.2GW and OX2 has 400 MW in its kitty. Vattenfall has disclosed that the Swedish Government allowed it to develop 1.2 GW Kattegat Syd offshore wind […] Read more
MNRE Official Indicates India’s First Offshore Wind Tender By June End Updated On Tue, May 16th, 2023 by Saurenergy A top official of Ministry of New and Renewable Energy (MNRE) has announced that India may float its first offshore wind energy tender in the coming four to six weeks. The information has been shared by MNRE Joint Secretary Dinesh Jagdale during a side event of the Energy Transitions Working Group of the G20 Presidency […] Read more
Ireland First Offshore Wind Auction: 3.1 GW Awarded in Four Projects Updated On Fri, May 12th, 2023 by Saurenergy Ireland has awarded four offshore wind energy projects of capacity nearing 3,100 Megawatt (3.1GW) in its first offshore wind auction conducted under Renewable Electricity Support Scheme ‘ORESS 1.’ The 1,300 MW Codling Wind Park will be owned and developed by a joint venture of Fred. Olsen Seawind and EDF Renewables. RWE has said it will […] Read more
RWE Invests €8 Billion In Green Energy In Q1, 2023 Updated On Fri, May 12th, 2023 by Saurenergy German energy company–RWE is making swift progress in green energy as it expanded its green portfolio by 4.9 Gigawatt (GW) in the first quarter of 2023 alone. It was done through a massive investment of EUR 8 billion. The EUR 6.3 billion acquisition of Con Edison Clean Energy Businesses in the US represented the largest […] Read more
Vattenfall Issues £250 Million Hybrid Bond To Finance Green Energy Projects Updated On Thu, May 11th, 2023 by Saurenergy Swedish energy conglomerate Vattenfall has announced that it has successfully issued a £250 million green fixed-rate hybrid bond with an objective of financing eligible green projects that meet the requirements of green financing framework of Vattenfall. The company held that the bond issue was almost three times oversubscribed. This is Vattenfall’s first hybrid bond issued […] Read more
