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
Octopus Energy Eyes 20-GW Renewable By Decade End As It Opens 7 New Wind Farms Updated On Sun, Apr 23rd, 2023 by Saurenergy The UK based renewable energy player Octopus Energy has set a new target of 20GW that it wants to achieve by 2030 as it announced to have opened seven new onshore wind farms across Europe since 2022 in various countries. Octopus Energy manages £6 billion of renewable assets and energy translation projects globally. The seven […] Read more
EBRD Loans $200 Million to Turkish Renewable Energy Developer Updated On Thu, Apr 20th, 2023 by Saurenergy The European Bank for Reconstruction and Development (EBRD) is providing a loan of $200 million to Turkey’s Borusan EnBW Enerji Yatirimlari ve Uretim to help the firm strengthen its financial position and invest in renewable energy sector with gender inclusion. The funds are being provided by EBRD under a syndicated structure with the Netherlands Entrepreneurial […] Read more
OX2 Acquires Large Scale Finnish Solar Farm of 475 MW Capacity Updated On Tue, Apr 18th, 2023 by Saurenergy OX2, a firm that delves into the development of renewable energy solutions at scale and develops onshore wind power in Europe, has informed about the acquisition of the project rights of a solar power project in Huittinen, Finland. The firm has acquired the project from solar power developer SAJM Holding Oy. The capacity under development […] Read more
Google Looks at Powering Data Centres with Wind Energy in Belgium, Netherlands Updated On Mon, Apr 17th, 2023 by Saurenergy Tech giant Google has firmly set its sights on curbing carbon footprints and powering its date centres with renewable energy. To turn these goals into reality, Google has been on a PPA-signing spree with renewable energy firms. In the most recent news, the American firm has revealed that it has signed two PPAs in Belgium […] Read more
KGAL Investment & Lafarge Cement Polska Join Hands for Two Wind Farms in Poland Updated On Thu, Apr 13th, 2023 by Saurenergy KGAL Investment Management, which claims to be among the first European asset managers in the Polish renewables market, has signed long-term power purchase agreements (PPAs) with Lafarge Cement Polska, a cement producer in Polish market. The two firms have joined hands for the establishment of Krasin and Rywald onshore wind farms, owned by KGAL ESPF […] Read more
Siemens Gamesa To Supply Turbines For 166-MW Wind Farm In Andhra Updated On Wed, Apr 12th, 2023 by Saurenergy As India looks hawkish on the renewable energy expansion to achieve its 2030 target, Siemens Gamesa has announced to have signed a deal with AM Green Energy Private Limited (AMGEPL) where it will supply 46 wind turbines for a capacity of 166 MW of wind project about to come up in the state of Andhra […] Read more
496 MW Wind Project in France Reaches FID and Construction State: Ocean Winds Updated On Mon, Apr 10th, 2023 by Saurenergy Renewable energy developer Ocean Winds has announced that a $2.5 billion final investment decision (FID) has been taken regarding an offshore wind energy project in France. Ocean Winds, Sumitomo Corporation, Banque des Territoires and Vendée Energie who form ‘Eoliennes en Mer des îles d’Yeu et de Noirmoutier’ (EMYN) have made the announcement about the Îles […] Read more
EBRD, GCF Support 500 MW Wind Farm In Egypt; To Be Largest In Africa Updated On Thu, Apr 6th, 2023 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has issued a senior secured loan of up to $100 million to Red Sea Wind Energy for the development, construction and operation of a new 500 MW onshore wind farm located in the Gulf of Suez area in Egypt. The loan consists of a portion of up […] Read more
