SAEL Secures $1 Billion For Solar, Other Renewables Updated On Wed, Jan 24th, 2024 by Saurenergy SAEL Industries, an Indian renewable energy firm, has successfully secured $1 billion in funding from various financial institutions, including Norfund, DFC, Asian Development Bank (ADB), and Tata Cleantech. The funds will be utilized to support SAEL’s renewable energy portfolio, with a focus on expanding its solar and biomass projects. The company, which specializes in solar […] Read more
Biden Administration Announces $207 Mn Investment In Clean Energy Updated On Tue, Jan 23rd, 2024 by Saurenergy The US Department of Agriculture (USDA) Secretary Tom Vilsack recently announced USDA $207 million investment in renewable energy and domestic fertilizer projects. These projects are expected to lower energy bills, generate new income, create jobs, and strengthen competition for US farmers, ranchers and agricultural producers. Many of the projects are being funded by President Biden’s Inflation […] Read more
Sunsure Energy Signs Pact To Supply Solar Power To KSB Ltd For 25 Yrs Updated On Fri, Jan 19th, 2024 by Saurenergy Renewable Energy company Sunsure Energy has signed a Power Purchase Agreements (PPA) with Pune-based KSB Limited, one of the leading pumps and valves manufacturers in India to supply nearly one crore units of green power annually for the next 25 years. Sunsure will set up this captive renewable energy project with KSB Limited as the […] Read more
Squadron Energy Begins Building 14GW Wind Farm Expected to Power 2 Million Homes In Australia Updated On Fri, Jan 19th, 2024 by Saurenergy The construction of the largest wind farm in Australia’s New South Wales is currently underway. Upon completion, the project is expected to generate 14GW of green electricity which will be sufficient to power six million homes. The wind farm is being built by Squadron Energy, a renewable energy company in Australia, wholly owned by Tattarang. […] Read more
Bloomberg, Ørsted Announce 15-Year PPA For Renewable Energy Updated On Fri, Jan 19th, 2024 by Saurenergy United States (US)-based clean energy developer Ørsted announced signing an 80MW power purchase agreement (PPA) with Bloomberg for renewable energy generated by the Mockingbird Solar Center, a 471 MW project currently under construction near Paris, Texas. This is Ørsted’s largest solar project in the US, as well as the company’s first project to incorporate conservation […] Read more
American Firm AES Completes Construction of 3.5 GW Of Renewables Updated On Thu, Jan 18th, 2024 by Saurenergy America-based global cleantech company AES Corporation announced the completion of 3.5 GW of renewables projects in 2023, nearly doubling the capacity constructed compared to 2022. “In 2023, AES Corporation completed the construction of 3.5 GW of new renewables. This construction milestone represents a new record and a growth rate of nearly 100% over 2022. Including […] Read more
Battery Usage In Transport, Power Can Abate 60% Energy Needs: Report Updated On Thu, Jan 18th, 2024 by Saurenergy A recent report by Rock Mountain Institute (RMI) found that increase usage of battery in transportation can reduce fossil fuel requirements up to half. The report found, “Demand is growing on an S-curve. Battery sales have been doubling every two to three years, and we are on track for a six to eight times increase […] Read more
Mukesh Kumar Appointed As Vice President (Finance & Investments) at Cleantech Solar Updated On Thu, Jan 18th, 2024 by Saurenergy Mukesh Kumar has been appointed as the Vice President of Finance and Investments at Cleantech Solar, a firm dealing with renewable energy solutions to corporations in India and Southeast Asia, the firm announced in its latest press statement. Mukesh has spent the last 14 years dedicated to the renewable energy segment and has experience of […] Read more
CIP, Ignitis Renewables Win Second Estonian Offshore Wind Tender Updated On Thu, Jan 18th, 2024 by Saurenergy Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, and Ignitis Renewables have won the auction-based competitive tender for the development of an offshore wind farm in the Liivi 1 seabed area in Estonia, having placed the highest bid of EUR 1.16 million Having previously won the Liivi 2 site in Estonia’s first offshore […] Read more
