IKEA Owner- Ingka Group Buys 49% Stake in Swedish Wind Power Projects Updated On Tue, Aug 30th, 2022 by Saurenergy Ingka Investments, the investment arm of Ingka Group that owns IKEA stores worldwide, has announced that it has acquired a 49 per cent share in three offshore wind development projects from OX2 in Sweden for a price of €58 million. The official statement of Ingka held that the power generating potential of the three offshore […] Read more
At Reliance AGM, It’s GW Scale All The Way, With New Power Electronics Announcement Updated On Mon, Aug 29th, 2022 by Saurenergy At the Annual General Meeting of Reliance Industries today, Chairman Mukesh Ambani’s plans for Renewable energy, among other things, were eagerly awaited. And he didn’t disappoint, with an update on the announcements made so far, as well as upcoming steps that the Rs 7.9 lakh crore ($105 billion) chemicals to telecom behemoth plans. Green energy […] Read more
Oman Looks For More Wind Power Projects at Long Coastline Updated On Fri, Aug 26th, 2022 by Saurenergy The Sultanate of Oman is assessing the long coastal parts of Sadah in Dhofar Governorate and Ras Madrakah in Al Wusta Governorate for the development of wind farm projects. This is being viewed as part of the drive of Oman Government to step up the development of renewable energy to raise green energy in the […] Read more
Avaada Group Signs MoU with Rajasthan Govt for Green Ammonia Plant Updated On Thu, Aug 25th, 2022 by Saurenergy Avaada Group, a Noida-based integrated energy enterprise, signed a Memorandum of Understanding with the Department of Industries and Commerce, Government of Rajasthan, on August 24. Through this collaboration, Avaada Group will set up a green ammonia facility and a renewable energy power plant in Kota, Rajasthan. According to the company, the MoU signed as part of […] Read more
IREDA Inks MoU with Bank of India for Co-Lending for RE Projects Updated On Wed, Aug 24th, 2022 by Saurenergy To facilitate co-lending, co-origination, and loan syndication for renewable energy projects, The Bank of India (BoI) and the Indian Renewable Energy Development Agency Limited (IREDA) inks MoU (Memorandum of Understanding). IREDA is one of the earliest and largest renewables-focused financial institutions. The MoU will enable cooperation between IREDA and BoI on renewable energy initiatives including […] Read more
The Top 5: Reasons Oil Firms Are Choosing Offshore Wind Updated On Tue, Aug 23rd, 2022 by Saurenergy The wind of change from non-renewable to renewable energy sources is driving businesses’ investments toward green energy across the globe. Oil firms are not an exception either. Many of the major oil firms worldwide are choosing to invest in offshore wind as a preferred renewable energy source. While some industrial leaders – like ConocoPhillips, Shell, […] Read more
Major APTEL Relief For Maharashtra Wind Developers Updated On Mon, Aug 22nd, 2022 by Saurenergy In an order marked as much by the final order as adverse comments and notings on two key Maharashtra government undertakings, namely MSEDCL and MEDA, APTEL (Appellate Tribunal for Electricity) has provided relief to multiple wind developers in the state. In doing so, APTEL has also seen fit to note that even MERC (Maharashtra Electricity […] Read more
Bundelkhand Issues 1200 MW Tender for PMC Services of Jalaun Solar Park in Uttar Pradesh Updated On Fri, Aug 19th, 2022 by Saurenergy Bundelkhand Saur Urja Limited (BSUL) has invited bids for a 1200 MW solar tender for the engagement of an expert consultant for providing Project Management Consultancy (PMC) services to Jalaun Solar Park. The last date for submitting the online bid is September 03, 2022, till 10:00 am. Bids will be opened on the same day […] Read more
Adani Group Gets Sri Lanka’s Nod for $500 Million Wind Power Projects Updated On Thu, Aug 18th, 2022 by Saurenergy The Energy Minister in Sri Lankan Government, Kanchana Wijesekara has announced that India’s Adani Green Energy has been issued provisional approvals for the development of two wind power projects in Northern Province of Sri Lanka. He said in a Tweet on social media that the two wind power plants will attract an investment of over […] Read more
