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
Shell To Buy Solar Farm In UK From Renewable Developer Anesco Updated On Fri, Aug 12th, 2022 by Saurenergy Global energy conglomerate Shell has announced that its working towards the purchase of four solar farm projects with a total capacity of 100MW that are currently being developed by Anesco. Located in North Wales, Chester, South Northamptonshire and North Lincolnshire, the sites have been developed by Anesco over the past 18 months and are currently […] Read more
Chicago Sets Sights On Acquiring 100% Renewable Energy By 2025 Updated On Wed, Aug 10th, 2022 by Saurenergy The city of Chicago in the USA has committed to acquiring 100% renewable energy by 2025 for use in all city facilities and activities, and as the first step in that process, has reached an agreement with electricity provider Constellation for the purchase of renewable energy. A 593MW solar PV plant will be built by […] Read more
Shell Completes Acquisition Of Renewables Platform Sprng Energy Group Updated On Tue, Aug 9th, 2022 by Saurenergy Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed 100% acquisition of Solenergi Power Private Limited and along with it, the Sprng Energy Group of Companies from Actis Solenergi Limited (Actis)- a leading global investor in sustainable infrastructure Sprng Energy, set up in 2017 by Actis, is a renewable energy […] Read more
Solar Glass Maker Borosil Renewables Still To Close Interfloat Acquisition Updated On Tue, Aug 9th, 2022 by Saurenergy Mumbai based solar glass maker Borosil Renewables has paused its deal to acquire European Solar glassmaker Interfloat GmBH pending a more complete evaluation of the firm. Due to the recent incident of glass leakage around the melting area of the furnace at the solar glass manufacturing facility of GMB, the Board of Directors of the […] Read more
Solar Glass Maker Borosil Renewables Still To Close Interfloat Acquisition Updated On Tue, Aug 9th, 2022 by Saurenergy Read more
Brookfield Renewable Invests $3 Billion In Growth Initiatives In Second Quarter Updated On Tue, Aug 9th, 2022 by Saurenergy Brookfield Renewable Partners has reported financial results for the three and six months ended June 30, 2022. The Canada-based company has held that it had invested heavily for the growth of the businesses. Connor Teskey, CEO of Brookfield Renewable, declared, “The business performed well this quarter, as we delivered strong financial results, commissioned 1,000 megawatts […] Read more
NTPC Looks for Nuclear Power Addition; Bullish on Renewable Energy Updated On Mon, Aug 8th, 2022 by Saurenergy Power conglomerate NTPC has announced in its 18th Analysts & Investors Meet that the company is foraying into nuclear power while maintaining its thrust on the renewable sector. Chairman and Managing Director, Gurdeep Singh, said, “Discussions are underway for adding the nuclear capacity. This is the new thing that you would probably be hearing that we […] Read more
ReNew Bags 50 MW Hybrid Deal In Corporate PPA With DCM Shriram Updated On Fri, Aug 5th, 2022 by Saurenergy DCM Shriram Ltd. (DCM Shriram), a leading business conglomerate with a group turnover of Rs 9,849 crore, and ReNew Power, have announced the signing of two Captive Power Agreements (CPAs) that will see 50 MW of renewable energy supplied from ReNew’s two upcoming projects in Bhavnagar, Gujarat, to DCM Shriram’s Chlor-Alkali manufacturing facility in Bharuch […] Read more
