South Africa Announces Tender for 5 GW Renewable Capacity under BW7 Updated On Tue, Dec 19th, 2023 by Saurenergy The Department of Mineral Resources and Energy (DMRE) of South Africa has released a tender under the seventh bid window (BW7) under its Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The tender seeks bids for the development of 5 GW of renewable capacity, entailing 3.2 GW of wind and 1.8 GW of solar capacity. […] Read more
EU New Electricity Market Design To Speed-Up Renewable Deployment Updated On Fri, Dec 15th, 2023 by Saurenergy A latest report shared by the European Council and the Parliament has revealed that they have reached a provisional agreement to reform the EU’s electricity market design (EMD). “This deal is great news, as it will help us reduce even more the EU’s dependence on Russian gas and boost fossil-free energy to cut greenhouse gas […] Read more
BluPine Energy Achieves Financial Closure for 120 MW Solar Project in Gujarat Updated On Thu, Dec 14th, 2023 by Saurenergy Renewable Energy Company BluPine Energy, established in India by global infrastructure investor Actis, announced financial closure for its 120 MW solar project situated in Gujarat, secured under the GUVNL 16 tender. The electricity generated from this plant will be supplied to Gujarat Urja Vikas Nigam Limited (GUVNL) under a Power Purchase Agreement (PPA) for 25 […] Read more
Accelerating Renewables Can Prevent Rail Network Congestions: IEEFA Updated On Thu, Dec 14th, 2023 by Saurenergy Indian Railways can better utilise its resources and serve the Indian economy more effectively if policymakers focus on accelerating renewable energy generation rather than expanding coal freight by rail, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) finds. The IEEFA report analyses various forecasts by different agencies of the Indian government and […] Read more
“We Are Targeting To Achieve Installation Of 10+ GW Quantum by 2030”, Naresh Mansukhani, Juniper Green Energy Updated On Wed, Dec 13th, 2023 by Saurenergy Juniper Green Energy has been in the news for all the right reasons in the recent past, as the firm led by its founder and CEO Naresh Mansukhani, closed a major $350m deal with the AT Capital group and Vitol in September this year. Now part of the AT group, Juniper Green Energy, based out […] Read more
Shell Sells Part Ownership In 2 US Renewable Projects To InfraRed Capital Updated On Tue, Dec 12th, 2023 by Saurenergy Savion Equity, Shell Wind Energy, Shell Wind Energy Inc. and Savion Equity, LLC, subsidiaries of Shell plc (Shell), have agreed to sell partial ownership stake in two U.S.-based renewable energy projects to InfraRed Capital Partners (InfraRed). Shell will sell 60% interest in Brazos Wind Holdings, LLC (Brazos), a 182-megawatt (MW) onshore wind farm in Fluvanna, […] Read more
Rajasthan Biggest Beneficiary Of Renewable Energy Lending: Report Updated On Mon, Dec 11th, 2023 by Saurenergy A latest report by Climate Trends and the Centre for Financial Accountability (CFA) on the financing of coal and renewable projects claimed that Rajasthan remained the largest beneficiary of renewable energy lending in the country. The study assessed 68 project finance loans across 11 coal and renewable energy projects in India that reached financial closure […] Read more
For India’s Renewable Energy Projects: A Creditworthiness Assessment Framework Updated On Tue, Dec 5th, 2023 by Saurenergy India has set itself an ambitious target of meeting 50% of its energy requirement from renewable sources by 2030. To help power India’s sustainable energy vision, Renewable Energy (RE) projects must be sustainable by themselves which can only be attained through robust credit worthiness assessments in the RE sector. A reliable framework is essential to […] Read more
Wind Energy Takes Centre Stage at COP28 Updated On Tue, Dec 5th, 2023 by Saurenergy COP28, being held in Dubai, has served as an ideal platform seeing major wind firms and countries join hands on noteworthy agreements on the setting up of wind farms. These agreements run into several gigawatts. 1 GW TotalEnergies AoI On the COP28 platform, French firm, TotalEnergies has entered into an agreement on investment (AoI) with […] Read more
