Saudi Arabia’s ACWA Power to Sign $2.4 Billion Wind Project Deal in Uzbekistan Updated On Thu, Aug 18th, 2022 by Saurenergy Saudi Arabia based utility developer ACWA Power has said in a disclosure on Tadawul bourse that the company has signed a Heads of Terms (HoT) Agreement with Uzbekistan for the development of a 1500 MW wind energy project. As per the disclosure, the deal will be signed with the Ministry for Energy and Ministry of […] Read more
ReNew Energy Raises $1 Billion Loan For 1300 MW RTC Project Updated On Thu, Aug 18th, 2022 by Saurenergy ReNew Energy Global plc has announced that it has tied up with 12 international lenders, led by Rabobank- a Dutch multinational banking and financial services company, for the largest External Commercial Borrowings (ECB) project finance loan in the country’s renewable sector, for any single project. The US$ 1-billion loan project has been tied up through […] Read more
AI Powered Solar Startup Renkube Raises 2.4 Cr in Seed Round By CIIE.CO Updated On Wed, Aug 17th, 2022 by Saurenergy Bangalore-based renewable energy-focused deep tech AI startup Renkube has announced that it has secured Rs. 2.4 crores ($300K) in a seed round led by CIIE.CO. JITO Angel Network and K4 Forum Mumbai Network also participated in this round. Halliburton Labs, a wholly owned subsidiary of Halliburton Company is participating via Renkube’s selection to its clean […] Read more
Power Ministry Puts Phase-1 Of Emission Control Gear On Hold Basis IIT Report Updated On Wed, Aug 17th, 2022 by Saurenergy The Indian Power Ministry has been effectively implementing pollution management methods (emission control) in selected energy crops to examine the benefits before rolling out the predicted 2 lakh crore of funding in all initiatives that would raise electrical energy rates. The government has indicated that the application of Flue-gas desulfurization (FGD) techniques increases carbon dioxide […] Read more
Liberty Acquires Renewable Natural Gas Platform; Partners On Hydrogen Hub Project Updated On Wed, Aug 17th, 2022 by Saurenergy US power utility Liberty has announced the completion of its acquisition of Sandhill Advanced Biofuels- a leading renewable energy company that looks to upgrade biogas to renewable natural gas. Sandhill Advanced Biofuels boasts of a portfolio of four projects in the state of Wisconsin, USA. Liberty is a wholly-owned subsidiary of Algonquin Power & Utilities […] Read more
Hy2gen, Technip Energies Begin Feasibility Studies On Renewable Fuels Updated On Wed, Aug 17th, 2022 by Saurenergy Germany based company Hy2gen, which builds and operates plants for green hydrogen production and France based Technip Energies- a leading provider of services for low carbon energy market, have said that they are launching the feasibility studies phase for the Hynovera project in Meyreuil, Bouches-du-Rhône, France. The project aims to produce renewable fuels for aviation […] Read more
Shipping Company GAC Bahrain Steps Up Renewable Output With Solar PV Project Updated On Wed, Aug 17th, 2022 by Saurenergy Shipping agency services provider GAC Bahrain has announced that it will be installing solar PV panels on the rooftop of its warehouse in Bahrain Investment Wharf in Al Hidd, as part of the wider GAC Group’s commitment to environmental protection and to reduce its carbon footprint. As per the statement of GAC Bahrain, the company […] Read more
German Energy Major RWE Invests USD 2 Billion In Renewables, Sees Profits In H1 Updated On Tue, Aug 16th, 2022 by Saurenergy In 2021, the German energy giant RWE onshore renewables segment underwent a significant overhaul. The division returns to profitability in the first half of 2022 after a weak first half of the 2021 result. The company claims that it invested €2 billion (US$2.04 billion) in the growth of its green portfolio during the first half […] Read more
Solar Investment Fund SolRiver Capital Invests In Korsail Energy Updated On Tue, Aug 16th, 2022 by Saurenergy US-based solar developer, Korsail Energy has announced recently that the company has received a significant development finance commitment from the US-based renewable energy investment fund SolRiver Capital. According to Korsail, the company will complete its 2 GW worth of solar and storage projects with the help of this investment. Korsail Energy said, “With the help […] Read more
