Arcelor Mittal, Greenko In $600 million deal for 975 MW RTC power Updated On Wed, Mar 23rd, 2022 by Saurenergy In one of the largest corporate deals to mitigate carbon emissions in India, metals major ArcelorMittal has announced it will invest $600 million (Over Rs 4500 crores) to develop, in partnership with Hyderabad based Greenko Group, a 975-MW ‘round the clock’ renewable energy project in Andhra Pradesh. ArcelorMittal had declared plans to foray into green […] Read more
Shell Announces 17 GW Offshore Wind Projects in Brazil Updated On Tue, Mar 22nd, 2022 by Saurenergy Global oil and gas conglomerate Shell has announced that it has applied for environmental investigation licences with Institute for the Environment and Natural Resources (IBAMA), Brazil, for the development of six offshore wind projects. The total capacity of the six projects comes up to 17 GW. Shell has overtaken Ventos do Atlântico that has 15 GW licenses […] Read more
Chariot, Total Eren to Develop 430 MW Wind-Solar Farm for Zambia Mines Updated On Tue, Mar 22nd, 2022 by Saurenergy Chariot Ltd and Total Eren have signed a deal with Canada-based miner First Quantum Minerals Ltd that will facilitate the construction of a 430 MW renewable power complex to help First Quantums’ mining operations in Zambia. Chariot is an Africa-focused energy firm and Total Eren is a French power producer. The specific details of the […] Read more
Maldives seeks bids for grid modernisation under World Bank-aided project Updated On Tue, Mar 22nd, 2022 by Saurenergy The Maldivian Ministry of Finance has invited bids for the delivery of grid infrastructure works to support grid modernization as well as the integration of solar PV in the network on 15 islands. The Government of the Republic of Maldives has received financing from the World Bank toward the cost of the ‘Accelerating Renewable Energy […] Read more
UAE’s Masdar Reports 4.3 GW Expansion in RE Portfolio in 2021 Updated On Tue, Mar 22nd, 2022 by Saurenergy UAE government-owned renewable firm Masdar has announced a 40% increase in its clean energy project portfolio in 2021. The electricity generation capacity of all projects Masdar invested in last year – either installed or under development – increased from 10.7 gigawatts (GW) to over 15 GW in 2021, according to the company’s 2021 Annual Sustainability […] Read more
IFC to advise on 600MW Solar Power Park in India Updated On Wed, Mar 16th, 2022 by Saurenergy International Finance Corporation (IFC), an institution of the World Bank that focuses on private sector funding and TUSCO Ltd, a Joint Venture Company of THDCIL and Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) have signed an advisory mandate with IFC. Under this mandate, which IFC will support TUSCO in the development of 600MW […] Read more
Technip Collaborates with Greenko for Green Hydrogen Projects in India Updated On Wed, Mar 16th, 2022 by Saurenergy Technip Energies has signed a memorandum of understanding (MoU) with ZeroC to explore opportunities for the development of green hydrogen projects in India. Technip is a France based engineering company and ZeroC is a subsidiary of Indian renewable energy player Greenko Group. As per a statement of Technip, the company comes with its hydrogen expertise, […] Read more
Vestas Joins 9GW Floating Wind Farm Development in South Korea Updated On Tue, Mar 15th, 2022 by Saurenergy According to a statement released by the South Korea’s Ulsan City Government, a Memorandum of Understanding (MoU) has been signed between Vestas – the Denmark based leading wind turbine manufacturer – and Ulsan City Administration, Ulsan Port Authority and Sejin Heavy Industries & Construction meant to foster cooperation between the parties for the development of […] Read more
World’s Largest Rooftop Solar Power Plant Launched in Turkey Updated On Mon, Mar 14th, 2022 by Saurenergy Huawei and Tosyali Holding have launched the world’s largest rooftop solar power project in the Osmaniye Province of Turkey, an official statement said. Huawei is a Chinese technology giant and Tosyali is a steel manufacturer based in Turkey. The total investment made by the companies will come up to $71 million, said the statement. The […] Read more