German Financial Services Provider ALH Group Acquires 16 Solar Farms From EnBW Updated On Wed, Aug 17th, 2022 by Saurenergy Germany-headquartered financial services provider, Alte Leipziger Hallesche (ALH Group) has revealed that it is indirectly acquiring 49.9% of a portfolio of sixteen solar farms with a combined capacity of 597 MW belonging to Energie Baden-Wurttemberg AG (EnBW). As per the agreement, Weesow, Gottesgabe, and Alttrebbin solar projects are also part of the portfolio. The company […] Read more
German Energy Major RWE Invests USD 2 Billion In Renewables, Sees Profits In H1 Updated On Tue, Aug 16th, 2022 by Saurenergy In 2021, the German energy giant RWE onshore renewables segment underwent a significant overhaul. The division returns to profitability in the first half of 2022 after a weak first half of the 2021 result. The company claims that it invested €2 billion (US$2.04 billion) in the growth of its green portfolio during the first half […] Read more
Inflation Reduction Act (IRA) 2022: A Bill To Make US ‘The Clean Energy Leader’ Updated On Tue, Aug 16th, 2022 by Saurenergy On August 7, 2022, the US Senate approved a Bill titled the Inflation Reduction Act (IRA) 2022 after a series of discussions and debates between the Democrats and Republicans. What makes the Bill more interesting is its special focus on climate friendly provisions. Climate action has been a priority ever since President Joe Biden came […] Read more
Leading RE Producer EDF Energy Takes Solar Storage Project Online Updated On Fri, Aug 12th, 2022 by Saurenergy The 457 MW solar “Palen Solar Project” by EDF Renewable Energy, a leading renewable energy producer based out of the UK, has reached full power operation. The solar project is situated on public land in Riverside County that the US Bureau of Land Management (BLM) has determined to be suitable for the development of renewable […] Read more
Engineer TCM Updated On Thu, Aug 11th, 2022 by Saurenergy Responsibilities:- Team is responsible for developing tools, processes, and manuals related to the transportation, installation/construction, and maintenance/service of wind turbines (onshore/offshore) Define, plan and coordinate technical project activities ensuring an interface with internal & external stakeholders Support project delivery within the overall project timescales and targets One Who leads to defining new procedures & tools […] Read more
ONGC Signs MoU With Greenko To Make Green Hydrogen And Explore Markets Updated On Wed, Jul 27th, 2022 by Saurenergy Oil and Natural Gas Corporation (ONGC) and renewable energy company Greenko ZeroC have signed a Memorandum of Understanding (MoU) to make green hydrogen, green ammonia and jointly explore new market in renewables, and other derivatives of green hydrogen. The two companies will join hands to come up with a 1-MMTPA green ammonia production and storage […] Read more
ReNew To Refinance Dollar-Denominated Bonds, First RE Player To Do So In India Updated On Wed, Jul 13th, 2022 by Saurenergy India renewable energy major ReNew Energy Global has announced that it has successfully refinanced its 2024 maturity dollar-denominated bonds with amortizing project debt from an Indian non-bank financial company. ReNew claims to have become the first Indian renewable energy company to have done this. The official statement of ReNew held that issued bonds worth $ […] Read more
GE Commissions 180-MW Bajoli Holi Hydro Project In Himachal’s Chamba Region Updated On Wed, Jul 6th, 2022 by Saurenergy The 180-MW Bajoli Holi Project, consisting of three units of 60 MW each, in Chamba district of Himachal Pradesh has been commissioned by GE Renewable Energy‘s Hydropower business 7 years after bagging the contract in March 2015. the project was commissioned on behalf of GMR Energy, the operator for the project. Connected to the grid […] Read more
California Set To Add 465 MW More Solar Projects to Its Energy Portfolio In 2022 Updated On Fri, Jun 17th, 2022 by Saurenergy California is going to add two new big solar projects (Arica solar project & Victory Pass solar project) to its energy portfolio for the year 2022. The U.S. Department of the Interior, Bureau of Land Management has approved the development of both solar projects. Solar developer of both projects, Clearway Energy is ready to install […] Read more
