Iberdrola to Supply Over 1 TWh Renewable Power to Amazon Updated On Wed, Mar 29th, 2023 by Saurenergy In a key development that will step-up the decarbonisation of global e-commerce and cloud company Amazon, Spanish energy firm Iberdrola has inked its largest ever power purchasing agreement (PPA) under which it will develop large-scale renewable energy projects along with Amazon. The PPA is signed for the Iberdrola renewable energy projects – new wind and […] Read more
Brookfield, EIG Consortium Ink Pact to Acquire Origin Energy for A$18.7bn Updated On Wed, Mar 29th, 2023 by Saurenergy A consortium comprised of Brookfield Renewable Partners, together with institutional investors GIC and Temasek, and MidOcean Energy of leading investor EIG will be acquiring 100% shares of Origin Energy Limited. The parities have signed a Scheme Implementation Deed. Origin Energy is Australia’s largest integrated power generator and energy retailer. The Scheme values Origin at an […] Read more
India & Sri Lanka Build Momentum Further on Renewable Energy Updated On Wed, Mar 29th, 2023 by Saurenergy A memorandum of understanding (MoU) on renewable energy is in the offing between India and Sri Lanka. The Island nation is striving for the generation of 70 per cent of its electricity requirements from renewable sources by the end of the decade and the agreement will facilitate this goal. As per a member of the […] Read more
Avendus Capital Places India’s Renewable Investment Opportunity At $25 Billion Per Annum Updated On Wed, Mar 29th, 2023 by Saurenergy Avendus Capital, India’s largest Investment Banking franchise, has released a new research report on energy transition and clean energy investment in India, in collaboration with Clean Energy Pipeline, an independent research firm based in the UK. According to the study, the Indian energy transition landscape is expected to undergo a sea change over this decade […] Read more
Southeast Asia Needs US$200bn for Swift Energy Transition by 2030: IEA Updated On Tue, Mar 28th, 2023 by Saurenergy The International Energy Agency (IEA) in its latest report has noted that Southeast Asia will need at least US$200bn worth of investment in the energy sector by 2030 to speed up their clean energy transition. As per reports, the investments in renewables need more impetus with sufficient policies to support the development of robust project […] Read more
LONGi Steps Up Efforts to Bolster Renewables Biz in Singapore, Indonesia Updated On Mon, Mar 27th, 2023 by Saurenergy Global solar module manufacturer LONGi has said that it will be key to facilitate renewable energy cooperation between the South East Asian countries of Singapore and Indonesia. An MoU on renewable energy cooperation has been signed by Luhut Binsar Pandjaitan, Indonesia’s Coordinating Minister for Maritime Affairs and Investment, and Teo Chee Hean, Singapore’s Senior Minister […] Read more
“Ultimately, Green Hydrogen Will Drive The Biggest Changes In Energy”, John Grimes, SEC Australia Updated On Wed, Mar 22nd, 2023 by Saurenergy John Grimes leads the Smart Energy Council – Australia as its CEO. The council is an independent body that gives an impetus to the renewables sector in Australia by offering energy solutions. In March this year, John led an over 34 member delegation representing over 29 Australian smart energy firms to India. This visit saw […] Read more
Meta to Power Texas Datacentre with 240 MW Solar Energy from Avangrid Updated On Wed, Mar 22nd, 2023 by Saurenergy Iberdrola-owned renewable energy firm Avangrid has announced that it has signed a power purchase agreement (PPA) with social media platform Meta that will procure renewable energy from 240 MW True North Solar Farm. Avangrid held that the solar farm is currently under development in Falls County, Texas. It is also the first solar facility of […] Read more
ISA Hosts Lecture on Deployment of Renewable Technologies in Developing World Updated On Tue, Mar 21st, 2023 by Saurenergy The International Solar Alliance (ISA) recently hosted a special lecture in New Delhi, which also saw the presence of officials from The Rockefeller Foundation. The theme of the lecture was ‘Tackling the Climate Crisis by Dramatically Expanding Access to Renewable Technologies Across the Developing World’. The Rockefeller Foundation, a philanthropy body built on collaborative partnerships […] Read more