Michigan-Headquartered ONE Introduces ‘Aries Grid’ Renewable Energy Storage Updated On Fri, Feb 24th, 2023 by Saurenergy Michigan-headquartered Our Next Energy (ONE) has launched Aries Grid, a lithium iron phosphate (LFP) utility-scale battery system that can serve as long-duration energy storage. ONE said that Aries Grid will be manufactured in America and it represents a milestone achievement in efforts to scale-up investments in renewable energy infrastructure and grid reliability. “Energy storage is […] Read more
Universal Energy Facility (UEF) Offers Grants to Solar Projects in Nigeria Updated On Fri, Feb 24th, 2023 by Saurenergy The renewable energy expansion is expected to reach new heights in the African country of Nigeria as Universal Energy Facility (UEF) has announced providing grants to RE companies who applied to have their projects financed as part of the facility’s stand-alone Solar for Productive Use programme in Nigeria. UEF is a results-based financing facility managed […] Read more
Canadian Solar to Supply 487 MWh BESS to Aypa Power Updated On Fri, Feb 24th, 2023 by Saurenergy Global renewable energy player Canadian Solar Inc has announced that CSI Energy Storage, owned by its subsidiary CSI Solar, will provide 487 MWh of SolBank energy storage products to Aypa Power. Aypa Power is a Blackstone portfolio company that develops, owns and operates utility-scale energy storage and hybrid renewable energy projects across North America. The […] Read more
Indo-French Workshop for Transition to EVs & Strengthening Bilateral Ties on Energy Updated On Thu, Feb 23rd, 2023 by Saurenergy The Indo-French Workshop on Clean and Sustainable Energy Technologies (INFINITE) has been launched at New Delhi’s CSIR National Physical Laboratory. The Secretary of Ministry of Science and Technology, Dr. S. Chandrasekhar, inaugurated the workshop being held from February 21 to 24, 2023. On the platform, India spoke about greater cooperation with France in the areas […] Read more
SolarDuck: Pioneering Offshore Floating Solar Power Updated On Thu, Feb 23rd, 2023 by Saurenergy Founded in 2018, SolarDuck B.V. is a pioneering offshore floating solar power company with a strong maritime heritage, spanning across the Netherlands and Norway. As a spin-off from the largest shipyard in the Netherlands, Damen Shipyards, SolarDuck has leveraged its expertise to bring its vision of “electrifying the world with offshore floating solar power” to […] Read more
American DISCOM AEP to Sell Over 1.3 GW of Renewable Portfolio Updated On Thu, Feb 23rd, 2023 by Saurenergy Just as America is expanding the renewable power to spearhead the global drive to combat climate change, Columbus based American Electric Power (AEP) has entered into an agreement to sell its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings at an enterprise value of $1.5 billion including project debt. IRG Acquisition Holdings is […] Read more
French Firm Akuo Energy Looks to Set up Agrisolar Portfolio in Greece Updated On Thu, Feb 23rd, 2023 by Saurenergy French renewable energy firm Akuo Energy has established its first solar park in Greece. Back in October 2021, the firm had set up the 1 MW Chalki island project. The newly launched project includes four PV comprising 1 MW each. The yearly output of the project will help meet the needs of 350 households, the […] Read more
Sri Lanka Investment Board Greenlights $442-mn Adani Green Wind Power Plants Updated On Thu, Feb 23rd, 2023 by Saurenergy The Board of Investment of Sri Lanka has given its nod to two wind power plants by AGEL (Adani Green Energy Ltd). These entail a cumulative investment of $442 million. As per the statement, the wind power plants that boast of 350 MW of capacity are scheduled for commissioning in two years. They will be […] Read more
NTPC Green Energy to Raise Up to Rs 9,000 cr Term Loan Updated On Wed, Feb 22nd, 2023 by Saurenergy NTPC Green Energy Ltd (NGEL), an NTPC subsidiary, has invited bids for a term loan of up to Rs 9,000 crore in Indian Rupee denomination. As per the bid document, NGEL intends to raise fresh debt and the funds collected will be used to repay outstanding liability of Rs 8,200 crore towards NTPC by March […] Read more
