Ex-Orsted Executive Launches Renewable Energy Platform with US$100M Updated On Sat, Sep 17th, 2022 by Saurenergy Declan Flanagan, former CEO of Orsted Onshore, has announced the launch of Bluestar Energy Capital, along with a $100 million for the development of greenfield renewable energy projects. In addition to Flanagan, other investors include S2G Ventures and Great Bay Renewables . As part of the transaction Aaron Rudberg, COO of S2G, and Frank Getman, […] Read more
Ministry of Power Modifies Rules for Purchasing RTC Renewable Energy Updated On Fri, Sep 9th, 2022 by Saurenergy The parameters for the tariff-based competitive bidding process to purchase round-the-clock (RTC) power from grid-connected renewable energy projects have been amended, according to the Ministry of Power (MoP). Under Section 63 of the Electricity Act of 2003, these regulations were first released in July 2020. The current amendment permits producers of renewable energy to combine […] Read more
Top Weekly Stories on Renewable Energy From 31 Aug to 07 Sep 2022 Updated On Thu, Sep 8th, 2022 by Saurenergy Read more
Ignitis Group to Acquire Latvian Company with 200 MW of Renewable Energy Updated On Thu, Sep 8th, 2022 by Saurenergy State-controlled energy holding company in Lithuania, Ignitis Group (AB Ignitis grupė) has announced that after the approval of the Group’s Management Board, the Group’s subsidiary UAB Ignitis Renewables has signed an agreement to acquire 100 per cent shares of a Latvian company which is developing a wind and solar project in Latvia. The agreement is […] Read more
NTPC, DVC Incorporate Green Valley Renewable Energy as Joint Venture Updated On Wed, Sep 7th, 2022 by Saurenergy The National Thermal Power Corporation (NTPC) has confirmed through a filing before the Bombay Stock Exchange (BSE) that its green energy arm NTPC Renewable Energy has incorporated Green Valley Renewable Energy to develop, operate and maintain renewable energy parks and projects. The new company will be a joint venture of NTPC with Damodar Valley Corporation […] Read more
SECI Invites RFS for 2250 MW ISTS-Connected Renewable Energy Tender Updated On Mon, Sep 5th, 2022 by Saurenergy Solar Energy Corporation of India Limited (SECI) has invited a request for selection (RfS) for the supply of 2250 MW of round-the-clock (RTC) power from ISTS-Connected renewable energy power projects, complemented with Power from any other source or storage in India under tariff-based competitive bidding (RTC-III). The last date for submitting the online bid is […] Read more
Top Weekly Stories on Renewable Energy From 18 to 24 August 2022 Updated On Thu, Aug 25th, 2022 by Saurenergy Read more
Estonia’s Eesti Energia Evaluating €1.5 Billion Investment in Renewable Energy Updated On Tue, Aug 23rd, 2022 by Saurenergy Estonia’s government-owned power producer Eesti Energia is evaluating to invest €2.5 billion over a period of five-years in power generation business. The company officials said that out of the total investment, €1.5 billion is marked for the development of wind and solar parks in Ida-Viru County upto 2026. Estonia is among the European countries that […] Read more
Chicago Sets Sights On Acquiring 100% Renewable Energy By 2025 Updated On Wed, Aug 10th, 2022 by Saurenergy The city of Chicago in the USA has committed to acquiring 100% renewable energy by 2025 for use in all city facilities and activities, and as the first step in that process, has reached an agreement with electricity provider Constellation for the purchase of renewable energy. A 593MW solar PV plant will be built by […] Read more
