Ilmatar Gets Aid to Build Finland’s Largest RE Hybrid Park Updated On Mon, Oct 10th, 2022 by Saurenergy Finland’s Ministry of Economic Affairs and Employment (MEAE) has granted EUR 19.5 million in aid to Helsinki-headquartered Ilmatar Energy Oy for the development of a renewable energy hybrid park in the areas of Alajärvi and Kyyjärvi of considerable size by Finnish and European standards. The official statement of Ilmatar has held that the hybrid energy […] Read more
ATCO Acquires RE Portfolio Worth C$730 M From Suncor Energy Updated On Fri, Oct 7th, 2022 by Saurenergy Canadian Utilities Limited said that it has signed an agreement with Suncor Energy under which the utility firm will acquire a strong portfolio of wind and solar assets and projects located in Alberta and Ontario regions of Canada. The deal is achieved for a purchase price of C$730 million. Suncor is an Alberta based integrated […] Read more
MSEDCL Invites RFS for 500 MW Wind Solar Hybrid Projects Updated On Fri, Oct 7th, 2022 by Saurenergy Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) has invited RFS (request for selection) for 500 MW of solar wind hybrid project tender on a long-term basis. In this tender, the power will be purchased through a competitive bidding process from this 500 MW intra-state grid-connected hybrid power project. The last date for submitting the online […] Read more
Rio Tinto, Voltalia to Supply Solar Power to Richards Bay Minerals Updated On Fri, Oct 7th, 2022 by Saurenergy South African mineral company Richard’s Bay Minerals (RBM) has said that it will be supplied with renewable solar power through an agreement with international energy company in France, Voltalia and local Black Economic Empowerment (BEE) partners. The solar power will be employed for the operations at KwaZulu-Natal, South Africa. RBM is also exploring additional renewable […] Read more
LevelTen Energy to Expand Asset Marketplace to Europe Updated On Thu, Oct 6th, 2022 by Saurenergy LevelTen Energy, a leading provider of renewable transaction infrastructure, today announced the European expansion of the LevelTen Asset Marketplace, an online platform for buying and selling renewable energy assets. European Reach Since launching in North America in 2021, nearly 250 unique developers have participated in Asset Marketplace RFPs, resulting in 11 closed deals and many […] Read more
Coping With Volatility- The New Reality Of EPC Contracts Updated On Thu, Oct 6th, 2022 by Saurenergy Engineering, procurement and construction (EPC) firms are operating in an environment of uncertain, complex and ambiguous conditions. They are hit hard by rising commodity prices and cost escalation, exacerbating pressure on margins. The need of the hour is to work transparently and find collaborative solutions to arrive at win-win solutions to manage volatility. Total installed […] Read more
Adani Green Launches Three Step-Down Subsidiaries in Renewable Segment Updated On Tue, Oct 4th, 2022 by Saurenergy Three new subsidiary businesses for the renewable energy industry have been incorporated by Adani Renewable Energy Holding Four Limited. Adani Renewable Energy Holding Four Limited is its subsidiary, and the recently established firms are its step-down subsidiaries, according to a statement released by Adani Green Energy Ltd (AGEL). “Three brand-new subsidiaries have been incorporated by […] Read more
Uttar Pradesh RFP Targets 50 MW Solar On Govt Buildings Updated On Mon, Oct 3rd, 2022 by Saurenergy As part of its new renewable energy plan, the Uttar Pradesh government is looking to establish rooftop solar projects on state offices and government and semi-government buildings. The nodal agency, the department of the New and Renewable Energy Development Agency (NEDA), has already issued an online request for proposals from interested parties for the designing, […] Read more
MSEDCL Floats Tender for 500 MW Intra-State Solar Projects Updated On Mon, Oct 3rd, 2022 by Saurenergy Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) has invited bids for 500 MW of the procurement of power on a long-term basis. In this tender, the power will be purchased through a competitive bidding process from this 500 MW intra-state grid-connected solar PV power project. The last date for submitting the online bid is November […] Read more