SECI Issues Bids For 4 GW Offshore Wind Projects Near Tamil Nadu Updated On Fri, Feb 2nd, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has invited bids for the development of offshore wind energy of a total capacity of 4 GW. The bids invited are for four blocks of 1 GW each on an open access basis, for the development of offshore wind power projects off the coast of Tamil Nadu, through […] Read more
Lightsource bp Offloads 294-MW Italian Solar Projects Updated On Fri, Feb 2nd, 2024 by Saurenergy Lightsource bp have announced that it has inked an agreement for the sale of six solar greenfield projects in Italy to EOS Investment Management Group (EOS IM). Lightsource bp said that the portfolio is currently either permitted or in the late stages of development with construction expected to begin in the next 12 months. EOS […] Read more
Brookfield Looks To Partially Sell-Off 1.6-GW Renewable Portfolio Updated On Fri, Feb 2nd, 2024 by Saurenergy Canadian investment firm Brookfield Asset Management is seeking to partially capitalize on its clean energy assets. Brookfield boasts a collective capacity of approximately 1.6 GW and hold an enterprise value ranging between Rs 9,000 and 10,000 crore (equivalent to $1-1.2 billion), as per the company. To facilitate this partial monetization, investment bank JP Morgan has […] Read more
Strata Clean Energy Commences 1GW Battery Storage Project in Arizona Updated On Thu, Feb 1st, 2024 by Saurenergy US-based Strata Clean Energy, the grid-scale renewable energy solutions company, initiated the works for for its Scatter Wash battery storage complex in Phoenix, Arizona. The 255 MW / 1,020 MWh facility is expected to become operational in April 2025. The project’s batteries can store enough electricity to power more than 250,000 homes for 4 hours […] Read more
Aggreko Energy Transition Solutions To Develop 13 MW Solar Project in Texas Updated On Thu, Feb 1st, 2024 by Saurenergy Aggreko, a US-based energy solutions company, announced that the company’s Energy Transition Solutions (“Aggreko ETS”) division has acquired a 13 MW behind-the-meter solar power project site in Texas. Aggreko ETS will oversee the construction, own, and operate the clean energy project in support of a Texas energy producer’s drive to decarbonise operations. Once complete, the […] Read more
With Twin Deals, Cubico Acquires 1600-MW Renewables’ Pipeline in Mexican Market Updated On Thu, Feb 1st, 2024 by Saurenergy Cubico Sustainable Investments has announced the completion of two transactions which it says significantly enhance the company’s renewable energy footprint and development portfolio in Mexico. Through the acquisition of Renantis Mexico and a strategic agreement with Sowitec Group, the development pipeline of Cubico in Mexico has now exceeded 1.6 GW. The company says that the […] Read more
Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion: BloombergNEF Updated On Thu, Feb 1st, 2024 by Saurenergy The latest report on Energy Transition published by energy think tank BloombergNEF said that the global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion. The report titled, ‘Energy Transition Investment Trends 2024 ‘, said that this number is a new record level of annual investment and demonstrates the resilience of […] Read more
Singapore-Based Singtela Develops Green Energy Driven Data Centres Updated On Thu, Feb 1st, 2024 by Saurenergy Singtela has launched an AI development initiative in Singapore and the region, partnering with global and local ecosystem partners in AI, renewable energy, sustainable technologies, and talent development. The company is expanding its regional data center business by building new, green, sustainable, and hyper-connected AI-ready data centers in markets beyond Singapore, such as Indonesia and […] Read more
UREDA Invites Bids for 250 MW Solar Power Projects in Uttarakhand Updated On Thu, Feb 1st, 2024 by Saurenergy In its latest tender, the Uttarakhand Renewable Energy Development Agency (UREDA) has sought bids to empanel developers for the establishment of 250 MW grid-connected solar power projects under the “Mukhyamantri Saur Swarojgar Yojana in the state. The Expression of Interest (EOI) for empanelment of the firms is regarding design, manufacture, supply, erection, testing, commissioning, and […] Read more
