Masdar Opens New Office in Saudi Arabia With Focus On Renewable Projects Updated On Mon, Oct 31st, 2022 by Saurenergy Renewable energy major Masdar had opened a new dedicated office in the Saudi Arabia to strengthen its support for the Kingdom’s clean energy objectives. Masdar will also participate with partners in the upcoming Round 4 tender announced by the Saudi Power Procurement Co. (SPPC) for wind and solar projects with a combined capacity of 3.3 […] Read more
General Motors Secures 100% Energy Needed to Achieve RE Goal Updated On Fri, Oct 28th, 2022 by Saurenergy Auto giant General Motors has announced the finalization of energy sourcing agreements required to secure 100% of the energy needed to power all its US facilities by 2025. This is in line with the accelerated target which is five years ahead of the 2030 target announced in early 2021. Through this, GM expects to avoid […] Read more
Polish Energy Firm R Power Secures €30m Financing Agreement Updated On Thu, Oct 27th, 2022 by Saurenergy Poland-based solar developer R Power signed a €30m loan agreement with Eiffel Investment Group to facilitate the establishment of R Power’s solar projects across Europe. The loan was approved from bridge financing funds taken care of by the French investor for a time span of up to 18 months. The agreement also entails an option […] Read more
Norwegian Energy Associations Norwea, Energi Norge Merge Updated On Thu, Oct 27th, 2022 by Saurenergy Norwegian energy associations Norwea and Energi Norge have combined to create a new entity called Fornybar Norge. The new firm will be a large interest organisation committed to renewable energy in Norway. The said organisation will begin operations from January 1 next year. The merger received approval unanimously after both the companies organised their yearly […] Read more
Levi Strauss Teams up with Walmart, Orsted, Schneider Electric for Wind Energy Project Updated On Thu, Oct 27th, 2022 by Saurenergy American clothing company known for manufacturing denim jeans, Levi Strauss has joined forces with Walmart Inc, Orsted, Schneider Electric for the purchase of percentage of the renewable energy that is to be generated by Kansas-based Sunflower Wind Farm. The financial terms of the agreement have not been disclosed, however, it has been revealed that the […] Read more
First Solar Secures Second GW Scale Solar Module Order from Swift Current Energy Updated On Thu, Oct 27th, 2022 by Saurenergy Leading global provider of PV solar solutions First Solar has revealed that it has entered into an agreement with Swift Current Energy. The agreement will pave the way for First Solar to supply Swift Current Energy with 2 gigawatts (GW)DC of high-performance, thin film solar modules in 2025 and 2026. Swift Current Energy, headquartered in Boston, […] Read more
Borosil Renewables Closes Acquisition Of Solar Glass Maker Interfloat Updated On Wed, Oct 26th, 2022 by Saurenergy Mumbai-based solar glass manufacturer Borosil Renewables Ltd (BRL) and EU-based Interfloat Group announced the Borosil Renewables’ acquisition of 86% stake in the Interfloat Group, through its overseas wholly-owned subsidiaries. GMB operates a solar glass plant with a production capacity of 300 TPD (Tonnes per Day). With its acquisition of the Interfloat Group, BRL’s solar glass […] Read more
Solar PV Takes the Lead in Renewables When it Comes to Employing Women Updated On Wed, Oct 26th, 2022 by Saurenergy A report put forth by IRENA states that the solar PV industry boasts of the highest share of full-time women employees in the renewable energy sector. The share stood at 40% last year. The solar PV industry is the biggest employer of women in renewables both with reference to global number of employees as well […] Read more
India to Export Green Energy to Singapore from 2025 Updated On Wed, Oct 26th, 2022 by Saurenergy India’s Greenko Group and Singapore’s Keppel Infrastructure have entered into an agreement on green hydrogen. Under the MoU, the two firms will working on a 250,000 tonne yearly contract for Keppel’s new 600 Mw power plant situated in Singapore. The MoU was signed on the on the sidelines of the Singapore International Energy Week. This […] Read more
