Leading Renewable Energy Developer Tri Global Energy Acquired by Enbridge Updated On Mon, Oct 3rd, 2022 by Saurenergy One of the leading developers of renewable energy in the USA, Tri Global Energy has completed its acquisition by Enbridge, Canada’s largest energy company. The official statement of Tri Global Energy further has confirmed this. In the process, Lazard served as lead financial advisor to Tri Global Energy, and Haynes and Boone served as outside […] Read more
Germany’s RWE to Acquire US’ Con Edison CEB at $6.8 Billion Updated On Mon, Oct 3rd, 2022 by Saurenergy Germany-based global renewable energy development company RWE AG has said that it has signed a purchase agreement with Con Edison to acquire its Con Edison Clean Energy Businesses (Con CEB) that operates and develops renewable energy plants in the United States. It has 3 GW of operating capacity with 90 per cent in solar. Con […] Read more
Energy Consultancy ABL Group to Assess 2 GW RE in South Africa Updated On Tue, Sep 27th, 2022 by Saurenergy ABL Group- an energy and marine consultancy – has said that it been contracted by various developers to provide energy yield assessment for more than 2 GW of potential solar and wind power plants in South Africa. ABL said that about 1.5 GW of the energy yield assessment work is related to nine potential solar […] Read more
Aquila Clean Energy to Invest EUR 2 Bn for 2.6 GW RE Projects Updated On Fri, Sep 9th, 2022 by Saurenergy Aquila Clean Energy EMEA, the clean energy development platform in Europe of Aquila Capital, has announced that it has closed a EUR 1 billion construction facility, supported by the InvestEU programme. The financing is to support development and construction of Aquila Clean Energy’s entire renewable energy pipeline in Spain and Portugal over the next three […] Read more
Denmark’s Largest Energy Firm Ørsted Acquires Its First Solar Farm in Ireland Updated On Thu, Sep 1st, 2022 by Saurenergy Denmark-based international renewable energy player Ørsted has said that it has acquired its first solar project called Ballinrea solar PV in Ireland through an agreement with Dublin’s (Ireland) renewable energy developer Terra Solar. Ørsted said that this takeover is a strategic first step towards the company’s multi-technology deployment in Ireland. Ørsted has committed to invest […] Read more
New South Wales Attracts $43 Billion Potential Investments For 17 GW Renewables Updated On Tue, Aug 30th, 2022 by Saurenergy In what could be called as a great show of trust in the renewable sector, the New South Wales (NSW) state government (Australia) has announced that the Illawarra Renewable Energy Zone (REZ) has attracted A$43 billion worth of potential investments in response to a call for expressions of interest for large-scale energy and green manufacturing […] Read more
India Has Potential For Another 23.7 GW of Clean Energy by 2026: GWEC Updated On Thu, Aug 25th, 2022 by Saurenergy The Global Wind Energy Council (GWEC) and MEC Intelligence have launched a report on “Renewing Wind Growth to Power the Energy Transition: India Wind Energy Market Outlook 2026”. This third annual edition looking at the wind energy outlook in India highlights wind energy’s critical link to India’s green energy transition. The outlook suggests that the […] Read more
IRENA Report on Renewable Power Generation Costs in 2021 Updated On Mon, Aug 22nd, 2022 by Saurenergy International Renewable Energy Agency (IRENA) has published this research report titled Renewable Power Generation Costs in 2021. In 2021, the cost-effectiveness of renewable energy increased further. Their crucial role in the transition to an economical and technically achievable net zero future is confirmed by data from the IRENA Renewable Cost Database and analysis of current […] Read more
Canada, Germany All Set To Ink New Hydrogen Deal Updated On Tue, Aug 16th, 2022 by Saurenergy Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz are set to enter into an agreement on green hydrogen on August 23 at Stephenville. Once approved, this agreement will prove to be a turning point for Canada’s nascent hydrogen industry. Under the agreement, World Energy GH2, a Newfoundland-based company is planning to develop the […] Read more
