Ampyr, Shell Energy Collaborate for 1,000 MWh BESS Updated On Mon, Oct 17th, 2022 by Saurenergy Ampyr Australia Pty Ltd has announced that it has signed an agreement with energy conglomerate Shell Energy Australia to jointly develop a proposed battery energy storage system strategically located in Wellington called ‘the Wellington BESS’ in Central West New South Wales. Ampyr informed that the target capacity of the Wellington BESS is 500 MW/1,000 MWh […] Read more
Renew Power to Invest INR 30,000 Cr in Solar, Wind Energy By 2025 Updated On Mon, Oct 17th, 2022 by Saurenergy Renewable energy conglomerate ReNew Power hopes to invest INR 30,000 crore in the coming two years in solar and wind energy capacities according to reports. ReNew Power Chairman Sumant Sinha has said that ReNew has 5,000 MW of projects which it is building presently as it has won auctions and has Power Purchase Agreements. The […] Read more
Capital Dynamics Raises EUR 521 Million for Clean Energy Infrastructure Fund Updated On Fri, Oct 14th, 2022 by Saurenergy Independent private asset management firm based in Singapore, Capital Dynamics has announced the final closing of Capital Dynamics Clean Energy Infrastructure IX (CEI IX), which is the company’s latest renewable energy fund. The official statement held that CEI IX exceeded its initial target of EUR 300 million by approximately 75% and closed with EUR 521 […] Read more
Madhya Pradesh Eyes 50000 Cr Investment for RE Segment by 2027 Updated On Fri, Oct 14th, 2022 by Saurenergy Recently, Madhya Pradesh Government published the new renewable energy policy titled “Madhya Pradesh Renewable Energy Policy – 2022.” Madhya Pradesh government indicates investing Rs 15,000 crore and Rs 50000 crore for RE (renewable energy) generation industry. The state government plans to build four thousand (4,000) MW of renewable energy projects in the open access solar […] Read more
Offshore Wind Energy: Top 5 Five Things You Didn’t Know Updated On Thu, Oct 13th, 2022 by Saurenergy India is blessed with a coastline of about 7600 km surrounded by water on three sides and has good prospects of harnessing offshore wind energy. There is a lot of research, innovations, and investment going on in the field of renewable. From government measures to private efforts down to regular citizens, all are contributing towards […] Read more
High Energy Prices Could Trip Up European Solar Manufacturing Plans-Rystad Updated On Mon, Oct 10th, 2022 by Saurenergy Energy Research Agency Rystad Energy has warned that record high electricity prices across Europe are damaging the continent’s attempts to build a reliable low-carbon supply chain and reach its decarbonization targets, as solar and battery manufacturers face mounting costs. The warning comes even as renewable power producers in the continent have pushed for keeping the […] Read more
ATCO Acquires RE Portfolio Worth C$730 M From Suncor Energy Updated On Fri, Oct 7th, 2022 by Saurenergy Canadian Utilities Limited said that it has signed an agreement with Suncor Energy under which the utility firm will acquire a strong portfolio of wind and solar assets and projects located in Alberta and Ontario regions of Canada. The deal is achieved for a purchase price of C$730 million. Suncor is an Alberta based integrated […] Read more
Orb Energy Secures Follow-On Funding from US DFI Updated On Thu, Oct 6th, 2022 by Saurenergy Bangalore-based Orb Energy, a vertically integrated provider of solar energy solutions in India, announced today that it has received a $20 million USD follow-on loan from United States International Development Finance Corporation (DFC) to support its unique in-house financing facility for rooftop and ground mounted solar customers in India. Damian Miller, the CEO and Co-founder […] Read more
Iron-Air Battery Maker Form Energy Secures $450 million for Energy Storage Technology Updated On Thu, Oct 6th, 2022 by Saurenergy In a fresh announcement, iron-air battery maker Form Energy, based in Massachusetts, United States has said that it has secured a $450 million Series E financing led by American investment firm TPG Rise. TPG Rise is making the investment through TPG Rise Climate, its dedicated climate investing strategy, and The Rise Fund, its longstanding, multi-sector […] Read more
