Serentica Secures INR 2600 Cr Funding from PFC for Green Projects Updated On Thu, Sep 14th, 2023 by Saurenergy Vedanta backed Serentica Renewables, a C&I focused renewable energy developer, has announced that it has achieved financial closure for its upcoming hybrid renewable energy projects in Karnataka. The firm has secured the entire debt funding of INR 2600 crores from one of India’s largest power sector lenders, Power Finance Corporation Limited (PFC Ltd.). To ensure […] Read more
Juniper Green Energy Sees USD 350 Mn Investment from AT Capital Group & Vitol Updated On Wed, Sep 13th, 2023 by Saurenergy An independent renewable energy power producer and operator of solar, wind and hybrid power projects, Juniper Green Energy, has shared that AT Capital Group and Vitol have invested USD 350 million in the firm. The announcement of the increase in investment to US$ 350 million follows the former commitment of US$ 200 million from AT […] Read more
Djibouti Launches Maiden Wind Farm with 60 MW Capacity Updated On Tue, Sep 12th, 2023 by Saurenergy Djibouti, located on the Horn of Africa, has launched its maiden wind farm- the 60 MW Red Sea Power (RSP) project. This is the key international investment in Djibouti’s energy. The project, valued at US$122 million, has put in place Djobouti’s first Independent Power Producer (IPP). The investors responsible for the said project are mulling […] Read more
Avaada Group Inks Pact for Renewable Energy With Saudi Arabia Updated On Tue, Sep 12th, 2023 by Saurenergy Avaada Group has joined hands with Al Jomaih Energy and Water for the development of renewable energy in Saudi Arabia and a select few regions in the Middle East. “Avaada Energy (group) announces a strategic partnership with AEW to pioneer renewable power generation in the Kingdom of Saudi Arabia and selected Middle Eastern regions,” the […] Read more
CERC Proposes Change In Norms Regulating Old Thermal Plants Updated On Mon, Sep 11th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest notification, has proposed a change in a provision of its existing regulations. This provision is related to the older thermal power plants and their powers to tie up with beneficiaries for power supply. It has asked the stakeholders and public to send in their comments and objections by […] Read more
ORIT Launches 50 MW Wind Farm in Scotland for Kimberly Clark Updated On Mon, Sep 11th, 2023 by Saurenergy Octopus Renewables Infrastructure Trust, an investment company focused on providing investors with a sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy assets across Europe, the UK and Australia, has launched a new 50 MW onshore wind farm located in South Lanarkshire, Scotland. The […] Read more
SGEL Bags 18 MW Solar Project for Bhakra Beas Management Board Updated On Mon, Sep 11th, 2023 by Saurenergy A wholly owned subsidiary of SJVN, SJVN Green Energy Limited (SGEL) has entered into a power purchase agreement (PPA) with Bhakra Beas Management Board (BBMB). The PPA will pave the path for SGEL to develop an 18 MW solar project for BBMB. The project is scheduled for commissioning in August next year. In the first […] Read more
FuturEnergy JV & Greencoat Renewables Unite for Onshore Wind in Ireland Updated On Fri, Sep 8th, 2023 by Saurenergy A joint venture by ESB and Coillte, FuturEnergy Ireland, has joined hands with Greencoat Renewables for its pipeline of onshore wind projects exceeding 1 GW. Over 500 MW is expected to sold to Greencoat by decade end by way of a strategic framework structure. Greencoat Renewables will be able to undertake acquisition for project stakes […] Read more
Shell Secures 600 MW Solar Project in Germany Updated On Fri, Sep 8th, 2023 by Saurenergy Energy conglomerate Shell has joined hands for a Power Purchase Agreement with Hansa Invest Real Assets to acquire a German solar project of 600 MW capacity. HANSAINVEST Real Assets is a subsidiary of German insurance company SIGNAL IDUNA and manages over €7 billion in real estate and infrastructure assets across Europe. Microsoft has already secured […] Read more
