Amazon Sets Up First Wind, Solar Farm in China Updated On Wed, Oct 26th, 2022 by Saurenergy American multinational technological giant Amazon has established first wind farm and solar farm in China to facilitate the production of clean energy. The renewable energy projects set up in China are large-scale and boast of 200 megawatts (MW) of clean energy capacity. Together, these projects are expected to produce 496,000 megawatt-hours (MWh) annually, which will […] Read more
Hitachi Energy Wins NTPC REL Contract for Supplying Transformers Updated On Tue, Oct 25th, 2022 by Saurenergy Hitachi Energy India has revealed that it has bagged a contract by NTPC Renewable Energy (NTPC REL), which is a wholly owned subsidiary of NTPC. Under the contract, Hitachi will supply power transformers to NTPC for its 4.75 GW renewable energy park in the offing in Gujarat. This will be part of India’s largest solar […] Read more
Shizen Energy, CDPQ to Invest $474 Mn in RE in Japan & Outside Updated On Tue, Oct 25th, 2022 by Saurenergy Shizen Energy, a renewable energy leader in Japan, and CDPQ, a Canada-based global investment group, have announced a JPY 20-billion ($135 million) investment in Shizen Energy. The two companies have also agreed to a co-investment framework, which will involve potential investments of another $339 million by CDPQ. The official statement has held that the investment […] Read more
Procurement Engineering Professional Updated On Fri, Oct 21st, 2022 by Saurenergy Integrates Procurement in the project management process (PM@Siemens) and organizes, controls and monitors all Procurement activities in a project. Participates in project/sales meetings as project core team member to exert a shaping influence at an early stage and to optimize internal workflows and processes. Establishes proper sourcing and Procurement processes and controls all Procurement resources […] Read more
Baseload Capital Raises $24 Million To Bolster Geothermal Energy Updated On Fri, Oct 21st, 2022 by Saurenergy Swedish climate investment firm Baseload Capital has made a $24 million investment in geothermal energy. Thanks to a $25 million loan facility it secured with Sustainable Development Capital of London in the spring, Baseload Capital has received more than $45 million. While the credit allows for flexible financing for the commissioning of future geothermal power […] Read more
ISA Decides On Solar Facility To Expedite Funding Updated On Fri, Oct 21st, 2022 by Saurenergy In its fifth general assembly, International Solar Alliance (ISA) has approved the creation of a ‘Solar Facility’ which will be a financial instrument to encourage investments in solar energy through insurance funds and payment guarantee. Readers will recall that a key mandate of the ISA itself was to enable financing for solar in developing countries. […] Read more
Sri Lanka will Use $100 Million Indian Credit Line for Rooftop Solar Updated On Mon, Oct 17th, 2022 by Saurenergy In the middle of the acute economic crisis and increasing losses to the state electricity distribution entity, the Sri Lankan government has decided to utilise the line of credit worth $100 million granted by India. In July, 2021, India had signed an agreement with Sri Lankan Government to extend a USD 100 million Line of […] Read more
Ampyr, Shell Energy Collaborate for 1,000 MWh BESS Updated On Mon, Oct 17th, 2022 by Saurenergy Ampyr Australia Pty Ltd has announced that it has signed an agreement with energy conglomerate Shell Energy Australia to jointly develop a proposed battery energy storage system strategically located in Wellington called ‘the Wellington BESS’ in Central West New South Wales. Ampyr informed that the target capacity of the Wellington BESS is 500 MW/1,000 MWh […] Read more
Capital Dynamics Raises EUR 521 Million for Clean Energy Infrastructure Fund Updated On Fri, Oct 14th, 2022 by Saurenergy Independent private asset management firm based in Singapore, Capital Dynamics has announced the final closing of Capital Dynamics Clean Energy Infrastructure IX (CEI IX), which is the company’s latest renewable energy fund. The official statement held that CEI IX exceeded its initial target of EUR 300 million by approximately 75% and closed with EUR 521 […] Read more
