Will Hydrogen Contribute Toward Energy Transition Of India? Updated On Mon, Nov 14th, 2022 by Saurenergy The first few days of CoP27 have shown quite an enthusiasm for the potential of hydrogen to the energy transition. Government and private leaders have endorsed hydrogen as an opportunity and solution to decarbonise the economy. While the countries in the Middle East and North Africa (MENA) region are eager to exploit the potential of […] Read more
Singapore’s Sembcorp Signs Pact To Acquire Vector Green Energy For Rs 2780 Crore Updated On Mon, Nov 14th, 2022 by Saurenergy Singapore-based Sembcorp Industries has announced that its wholly-owned subsidiary, Sembcorp Green Infra Limited, has signed an agreement with India Infrastructure Fund II to acquire 100 per cent interest in Vector Green Energy Private Limited for a base equity consideration of approximately Rs 2780 crore (approximately S$474 million). India Infrastructure Fund II is a fund managed […] Read more
MNRE Minister Launches Green Energy Open Access Portal Updated On Fri, Nov 11th, 2022 by Saurenergy In continuation of several initiatives to promote clean and green energy by Government of India, the Union Minister of Power and New & Renewable Energy, R K Singh has launched the Green Energy Open Access Portal today through video conferencing. The Minister of State for Power, Krishan Pal, also graced the occasion. Secretary (Power), Chairperson, […] Read more
Learnings From the $12 billion Brookfield Bid For Australia’s Origin Energy Updated On Fri, Nov 11th, 2022 by Saurenergy Global investment management firm Brookfield’s $11.8 billion bid that is also supported by the target firm’s board is a clear indication of the volume and direction of money chasing renewable energy assets and growth. Origin energy, which has 4.5 million customrs in Australia, has comitted to a phase out of its non renewable assets. “The […] Read more
KKR to Invest $400 Million in Sterlite Backed Serentica Renewables Updated On Tue, Nov 8th, 2022 by Saurenergy Kohlberg Kravis Roberts (KKR), a leading global investment firm, and Gurugram-based Serentica Renewables, a decarbonization platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive, hard-to-abate industries, have announced the signing of definitive agreements. Under the agreements, KKR will invest $400 million in the company. Standard Chartered Bank acted […] Read more
Masdar, Infinity Joint Venture Powers COP 27 with Green Energy Updated On Tue, Nov 8th, 2022 by Saurenergy There couldn’t have been a better occasion and a symbol for Masdar than to offer green energy coming from renewable sources for COP-27 under UNFCCC. A joint venture between UAE’s flagship RE company and Egypt’s Infinity called – Infinity Power Holding – announced that the solar PV plant it has developed in Sharm El-Sheikh is […] Read more
European Energy’s Arm EE North America to Build 2 GW Solar Project in Arizona Updated On Fri, Nov 4th, 2022 by Saurenergy EE North America, renewable energy developer and arm of global energy player European Energy, has said that it has partnered with Elio Energy to develop a pipeline of 2 GW of solar power generation and energy storage in Arizona and surrounding states. The official statement of EE North America held that the solar and storage […] Read more
Wärtsilä’s Gas Engines Reflect India’s Shift Towards Cleaner Power Generation Updated On Wed, Nov 2nd, 2022 by Saurenergy A 15.5 MW gas-fueled captive power plant will be provided by the technology company Wärtsilä gas under an idea, procurement, and construction (EPC) contract and a five-year operation and maintenance (O&M) agreement for Chennai. Tamilnadu Petroproducts Limited (TPL), a renowned producer of heavy chemicals and linear alkyl benzene (LAB), and a subsidiary of AM International, […] Read more
NextEnergy Solar Fund Acquires 250 MW Battery Storage Portfolio in UK Updated On Wed, Nov 2nd, 2022 by Saurenergy Guernsey-based leading investment company NextEnergy Solar Fund Ltd has announced that the company has purchased a 250 megawatt (MW) diversified portfolio of battery storage projects and grid connections. The portfolio lies in east of England in United Kingdom. NextEnergy Solar Fund is an asset manager in the solar energy sector. As per the announcement, NextEnergy […] Read more
