Lithuanian firm AEI Raises EUR 92 Million For Renewable Energy Investments Updated On Thu, Apr 20th, 2023 by Saurenergy Lithuania based investment company Atsinaujinančios Energetikos Investicijos (AEI) has announced that it has raised EUR 92 million in past two years and the investments will be made in the renewable energy sector. AEI is managed by Lords LB Asset Management. The company has made investments in the development of solar power plants in Poland and […] Read more
LGIM, NTR Raise €390 Million for Renewables Expansion in Europe Updated On Thu, Apr 20th, 2023 by Saurenergy UK-based asset manager Legal & General Investment Management (LGIM) and renewable energy player NTR have raised EUR 390 million in committed capital and co-investment opportunity in the first close of the L&G NTR Clean Power Fund. This Fund would invest in clean power infrastructure assets across wind, solar and energy storage. The Fund is designed […] Read more
BPCL Targets 240 MW Renewables Expansion This Fiscal Updated On Thu, Apr 20th, 2023 by Saurenergy Public sector fuel marketing major Bharat Petroleum Corporation (BPCL) is mulling for the development of 240-MW of renewable power capacity this fiscal year of 2023-24. A senior official of BPCL held that the renewable expansion of the firm will be achieved at the cost of Rs 1600 crore. BPCL was in line for divestment by […] Read more
Akshay Hiranandani Takes Over the Reins of Serentica Renewables as CEO Updated On Wed, Apr 19th, 2023 by Saurenergy A decarbonisation platform that looks to accelerate the energy transition for energy-intensive industries, Serentica Renewables has announced the appointment of Akshay Hiranandani as the Chief Executive Officer. In this role, Hiranandani will work closely with Pratik Agarwal, Director, Serentica Renewables. Commenting on the appointment, Pratik Agarwal, Director, Serentica Renewables, said, “We are elated to have […] Read more
Climate Trends Report Identifies Challenges For Renewable Energy In Jharkhand Updated On Tue, Apr 18th, 2023 by Saurenergy A recent report by Climate Trends and Ernst and Young LLP released on Tuesday hinted at numerous bottlenecks that the renewable energy sector in Jharkhand is grappling with. It comes when the state has already started planning the energy transition from a coal-dominated region to a less carbon economy. The report said that secondary data hinted that […] Read more
Adani Green Reports 49% Increase In Renewable Energy Capacity In FY23 Updated On Fri, Apr 14th, 2023 by Saurenergy Adani Green Energy Limited (AGEL), the renewable energy arm of the Adani Group, on Friday, reported a 49 percent addition to its total renewable energy capacity in the fiscal year 2023. As a result, the total capacity of AGEL-owned renewable energy touched 8,086 Megawatt (MW) with the recorded rise. In its latest provisional annual consolidated […] Read more
RERC Asks Rajasthan Govt To Appoint RVUNL As Nodal Agency For Renewable Projects Updated On Fri, Apr 14th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), in a suo-motu order, advised the Rajasthan government to consider declaring the Rajasthan Vidyut Utpadan Nigam (RVUNL) as the nodal agency for the development of renewable energy projects implemented by the RVUNL in the State. RVUNL is developing an 810-megawatt (MW) solar power project at Pugal in the Bikaner […] Read more
KPI Green, UAE Company In Agreement For Renewable Energy Solutions Updated On Fri, Apr 14th, 2023 by Saurenergy Surat-headquartered KPI Group has partnered with Tristar Transport LLC – UAE based company – for the development of eco-friendly energy solutions for regions like the Africa, Asia Pacific, Middle East, America and Europe. KPI Group that owns KPI Green Energy, and Tristar Transport has inked a joint business development agreement for the purpose. As per […] Read more
Masdar Invests In 128 MW Solar Project Of EDF Renewables North America Updated On Wed, Apr 12th, 2023 by Saurenergy UAE renewables major Masdar has acquired 50% stake in a combined solar and battery storage project from EDF Renewables North America. The Big Beau project, located in California, comprises a 128-MW solar PV plant and a 160 MWh BESS. It is one of eight projects that Masdar and EDF Renewables have agreed to jointly partner […] Read more
