Philippines-Based Altenergy is Awarded Three Offshore Wind Projects by DOE Updated On Mon, Feb 27th, 2023 by Saurenergy Alternergy Holdings Corporation, which develops renewable energy projects across the Philippines, has won three service offshore wind project contracts. These projects are over Tablas Strait which separates Mindoro and Antique. Alternergy revealed that it was awarded the contract by the Department of Energy (DOE) to Pililla AVPC Corp (PACO), which is the wind energy unit […] Read more
Karnataka & Gujarat Lead in Clean Energy Transition; Odisha, Bihar, UP Laggards Updated On Mon, Feb 27th, 2023 by Saurenergy A new study conducted in unison by IEEFA (Institute for Energy Economics and Financial Analysis) and Ember to create the States’ Electricity Transition (SET) Scoring System. The report takes a look at 16 states in India. The report has analyses 16 Indian states that make up 90% of the country’s yearly power needs. The states […] Read more
Bord Na Móna Avails €430 Million for Wind And Solar Projects in Ireland Updated On Sun, Feb 26th, 2023 by Saurenergy Semi-state Irish company Bord na Móna has announced that it has secured EUR 430 million in banking facilities that will enable the company to complete and deliver renewable energy projects of about EUR 2.7 billion. Bord na Móna said that the funding is the largest-ever for renewable energy projects for the company. The debt facilities […] Read more
Bangladesh, ISA Agreement For Enhanced Solar Energy Use Updated On Sun, Feb 26th, 2023 by Saurenergy The Bangladesh Government has announced the signing of an agreement with the International Solar Alliance (ISA) to increase the use of solar energy in the country. The agreement was signed between the ISA Director General Ajay Mathur and the Bangladesh Power Division Secretary Md. Habibur Rahman. The agreement is expected to be implemented by December […] Read more
IREDA Plans Office in Gujarat’s GIFT City for Foreign Currency Funding of Renewables Updated On Fri, Feb 24th, 2023 by Saurenergy The Indian Renewable Energy Development Agency Ltd (IREDA) is planning to establish an office in Gujarat’s GIFT City to finance renewable energy projects in foreign currency. The office at GIFT City, Gandhinagar, will be classified as an overseas office, allowing the IREDA to avoid foreign exchange hedging cost. Pradip Kumar Das, Chairman and Managing Director […] Read more
Lightsource bp, AEP Energy Sign PPA for 188 MW Solar Farm in Indiana Updated On Fri, Feb 24th, 2023 by Saurenergy Solar energy conglomerate Lightsource bp and AEP Energy Partners (AEPEP), a subsidiary of American Electric Power have signed a power purchase agreement (PPA) for a 188 MWdc solar project called Honeysuckle Solar located in New Carlisle, Indiana, USA. AEP Energy Partners is also one of the largest wholesale energy suppliers in the country. Lightsource bp […] 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
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
