Corporate Renewable Procurement of 7 GW Sets New Record in Asia Pacific Updated On Thu, Nov 10th, 2022 by Saurenergy A study authored by Kyeongho (Ken) Lee, Principal Analyst, Asia Pacific Power & Renewables at Wood Mackenzie reveals that Corporations in Asia Pacific are set to contract a record 7 GW of renewable capacity in 2022. This is an 80% increase on 2021 as markets emerge from pandemic-related disruptions. Demand is largely driven by ambitious […] Read more
ReNew Power Gets Green Project Finance of Rs 800 Cr from Bank of America Updated On Wed, Nov 9th, 2022 by Saurenergy ReNew Power has received a loan/ green project finance from Bank of America totaling roughly Rs 800 crore, the lender’s first local project financing agreement in the renewable energy industry after a protracted absence. The company will benefit from cheaper funding costs thanks to the five-year green loan facility in rupees, as the money will […] Read more
Siemens Energy Announces €4 Billion Tender Offer For Siemens Gamesa Updated On Wed, Nov 9th, 2022 by Saurenergy Spanish stock market regulator CNMV (Comisión Nacional del Mercado de Valores) has announced that it has authorised the EUR 4.05 billion ($4 billion) bid of Siemens Energy for the purchase of the shares in Siemens Gamesa which is a registered entity in Spain. A third of the shares in Siemens Gamesa is not owned by […] Read more
European Energy’s Arm EE North America to Build 2 GW Solar Project in Arizona Updated On Fri, Nov 4th, 2022 by Saurenergy EE North America, renewable energy developer and arm of global energy player European Energy, has said that it has partnered with Elio Energy to develop a pipeline of 2 GW of solar power generation and energy storage in Arizona and surrounding states. The official statement of EE North America held that the solar and storage […] Read more
Rajasthan To Get 1 GW Solar Power Plant By ONGC Updated On Mon, Oct 31st, 2022 by Saurenergy Oil and Natural Gas Corporation (ONGC) is planning to build a 1 GW solar power plant in Rajasthan as a crucial step toward gaining a footing in the green energy sector. The management stated that the company has made contract with the state government to find 5000 acres of land to house its planned 1 […] Read more
Masdar Acquires Arlington for Renewable Energy Storage in UK, Europe Updated On Wed, Oct 26th, 2022 by Saurenergy Renewable energy conglomerate Masdar has announced that it has acquired UK-based battery energy storage system (BESS) developer Arlington Energy that will enable Masdar to expand its presence in the UK and European RE markets and support countries’ net-zero objectives. Arlington Energy delves into developing, building, operating and financing flexible energy solutions; having taken over 170 […] Read more
Shizen Energy, CDPQ to Invest $474 Mn in RE in Japan & Outside Updated On Tue, Oct 25th, 2022 by Saurenergy Shizen Energy, a renewable energy leader in Japan, and CDPQ, a Canada-based global investment group, have announced a JPY 20-billion ($135 million) investment in Shizen Energy. The two companies have also agreed to a co-investment framework, which will involve potential investments of another $339 million by CDPQ. The official statement has held that the investment […] Read more
Procurement Engineering Professional Updated On Fri, Oct 21st, 2022 by Saurenergy Integrates Procurement in the project management process (PM@Siemens) and organizes, controls and monitors all Procurement activities in a project. Participates in project/sales meetings as project core team member to exert a shaping influence at an early stage and to optimize internal workflows and processes. Establishes proper sourcing and Procurement processes and controls all Procurement resources […] Read more
Mainstream Inks Deal to Develop RE Plants in South Africa Updated On Mon, Oct 17th, 2022 by Saurenergy Global green energy player Mainstream Renewable Power has signed a lease agreement with South Africa’s national electricity company – Eskom – for a 1,650-hectare site where it plans to build and operate renewable energy plants. The quantum of the renewable energy project has not yet been disclosed by the company. The official statement of Mainstream […] Read more
