Origis Energy Announces $750 Million for Solar, Storage Pipeline in USA Updated On Fri, Mar 10th, 2023 by Saurenergy In a key development that would further USA’s renewable energy ambitions, renewable energy platforms Origis Energy has announced the close of an upsizing amendment to their development finance facility doubling capacity to $750 million. Miami-headquartered Origis Energy said that with enhanced flexibility and increased capacity, the credit facility will support further expansion of its solar […] Read more
Duke Energy Operationalises 250 MW Solar Project in Texas Updated On Thu, Mar 9th, 2023 by Saurenergy USA-based Duke Energy Sustainable Solutions (DESS) has operationalised its largest solar power plant ever – the 250 MW Pisgah Ridge Solar project in Navarro County, Texas. Charles River Laboratories International has signed a virtual power purchase agreement (VPPA) for 102 MW of the project over the next 15 years. This commitment will address the entirety […] Read more
UK’s Renewable Parts Wins Contract for Offshore Turbine Restoration for Orsted Updated On Thu, Mar 9th, 2023 by Saurenergy UK firm, Renewable Parts, which deals with the refurbishment of wind turbine parts and supplies has shared that it has entered into an agreement with Denmark-based provider of renewable energy, Orsted. As per the agreement, Renewable Parts will supply refurbishment services for operations of offshore wind turbines of Orsted The operations will commence with Orsted’s […] Read more
JV Between EDF Renwables, Jan De Nul & Luminus to Deliver Bid on Offshore Wind Energy Updated On Tue, Mar 7th, 2023 by Saurenergy EDF Renewables, a wholly-owned subsidiary of French utility EDF Group, Jan De Nul and Luminus have joined hands towards the bidding for an offshore wind tender. It will be for the first phase of the Princess Elisabeth Zone in Belgium. The area has been identified by the government to augment Belgium’s local renewable electricity generation […] Read more
Oracle Power & China’s CET Sign MoU to Set Up Renewable Projects With Battery Storage in Pakistan Updated On Tue, Mar 7th, 2023 by Saurenergy Pakistan-based power project developer Oracle Power has signed a memorandum of understanding with China Electric Power and Technology (CET)- a wholly-owned subsidiary of State Grid Corporation of China. They will explore the development, financing, construction, operation as well as maintainence of a green hydrogen project to be set up in Pakistan. The said project will […] Read more
Oman to Award Solar Energy Projects of $777 Mn for Country’s Largest Solar Panel Project Updated On Tue, Mar 7th, 2023 by Saurenergy Oman Power and Water Procurement Company (OPWP), responsible for purchasing power and water for all IPP/IWPP projects within the Sultanate of Oman, will soon award solar energy projects to international investors. These projects are worth $777 million and have secured approvals from the Authority for Public Services Regulation (APSR)- which looks after electrcitiy regulation. The […] Read more
Green Energy Trading Continues Fall on IEX In February Updated On Mon, Mar 6th, 2023 by Saurenergy In its February power trading release, the Indian Energy Exchange (IEX) has disclosed that it enabled trading for 341 million units (MU) of renewable energy in February 2023, a 2% decrease month-over-month (MoM) (347 MU) over the previous month and a 25% year-over-year (YoY) decrease. The average daily trading volume on the exchange increased by 5% […] Read more
RGO For Coal Plants. Will It Have A Significant Impact On Renewable Capacities? Updated On Mon, Mar 6th, 2023 by Saurenergy The Ministry of Power, has finally notified the Renewable Generation Obligations (RGO)for Coal and lignite based plants. These new conditions are expected to mitigate the impact of additional thermal capacities India still plans, to support demand growth for electricity across the country. As the notice says, any plant starting operations after April 1, 2023, will […] Read more
Sterlite Power Successfully Commissions its Largest Green Energy Corridor Project in Gujarat Updated On Mon, Mar 6th, 2023 by Saurenergy Sterlite Power, a leading power transmission company in India and Brazil, announced the successful commissioning of its green energy corridor project – Lakadia-Vadodara Transmission Project Limited (LVTPL). The project aims to deliver more than 5000 MW of power from renewable rich regions of Bhuj and Kutch to the national grid – a step towards accelerating […] Read more
