India Added 1.9GW Of RE Open Access Capacity In FY22 Updated On Thu, Aug 18th, 2022 by Saurenergy The falling costs of renewable energy and the decarbonisation goals of commercial and industrial consumers are driving the uptake of renewable energy open access power. The renewable energy open access (OA) market, which has been expanding in almost all key renewables-rich states in recent years, will continue to overcome policy hurdles to grow organically in […] Read more
ReNew Energy Raises $1 Billion Loan For 1300 MW RTC Project Updated On Thu, Aug 18th, 2022 by Saurenergy ReNew Energy Global plc has announced that it has tied up with 12 international lenders, led by Rabobank- a Dutch multinational banking and financial services company, for the largest External Commercial Borrowings (ECB) project finance loan in the country’s renewable sector, for any single project. The US$ 1-billion loan project has been tied up through […] Read more
US Investment Platform CleanCapital Invests in Largest Solar Project in Alaska Updated On Thu, Aug 18th, 2022 by Saurenergy Renewable energy investment platform, CleanCapital has announced a corporate investment in Alaska-based solar developer Renewable IPP. The company has also made a commitment to fund an 8.5 megawatt (MW) solar project and the future development of a pipeline. The official statement of CleanCapital read that when completed, the 8.5 MW solar project, which will supply […] Read more
Oil Company Gulf Energy Sells 50% Stake In German Wind Farm Updated On Thu, Aug 18th, 2022 by Saurenergy Leading oil company Gulf Energy Development Public Company Limited has notified the Stock Exchange of Thailand that that it is divesting more than 50 per cent stake in its Germany based wind farm. The disinvestment is taking place at EUR 305 million. Gulf Energy said that through its wholly owned subsidiary, Gulf International Holding Pte. […] Read more
AI Powered Solar Startup Renkube Raises 2.4 Cr in Seed Round By CIIE.CO Updated On Wed, Aug 17th, 2022 by Saurenergy Bangalore-based renewable energy-focused deep tech AI startup Renkube has announced that it has secured Rs. 2.4 crores ($300K) in a seed round led by CIIE.CO. JITO Angel Network and K4 Forum Mumbai Network also participated in this round. Halliburton Labs, a wholly owned subsidiary of Halliburton Company is participating via Renkube’s selection to its clean […] Read more
CERC Proposes Generic Tariffs For Hydro, Biomass Projects In FY23 Updated On Wed, Aug 17th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) has proposed tariffs ranging between ₹4.76–5.84 per kilowatt hour (kWh) for several small-scale hydro projects across the Indian states for FY23. For hydro projects under 5 megawatts (MW) in the states of Himachal Pradesh, Uttarakhand, West Bengal, and North Eastern States, and Jammu and Kashmir and Ladakh, CERC has […] Read more
US Based BlackRock to Invest $1 Billion In Big Battery Projects In Australia Updated On Wed, Aug 17th, 2022 by Saurenergy In what could prove to be a shot in the arm for the Australian energy storage industry, American investment conglomerate BlackRock has said that it looks to invest $1 billion in big energy battery projects in Australia. The company has agreed to acquire Australian company Akaysha Energy, which has nine projects attached to Australia’s main […] Read more
France’s Total Eren To Develop 2 GW Solar Farm, 1 GW Green Hydrogen Project In Australia Updated On Wed, Aug 17th, 2022 by Saurenergy France-based renewables developer Total Eren is evaluating the possibilities for setting up a 2 GW solar park that will help power a 1 GW green hydrogen project in Australia’s Northern Territory (NT). This will bring up the state’s total capacity of green H2 projects under construction to 13.8 GW. The proposed Darwin H2 Hub will […] Read more
German Financial Services Provider ALH Group Acquires 16 Solar Farms From EnBW Updated On Wed, Aug 17th, 2022 by Saurenergy Germany-headquartered financial services provider, Alte Leipziger Hallesche (ALH Group) has revealed that it is indirectly acquiring 49.9% of a portfolio of sixteen solar farms with a combined capacity of 597 MW belonging to Energie Baden-Wurttemberg AG (EnBW). As per the agreement, Weesow, Gottesgabe, and Alttrebbin solar projects are also part of the portfolio. The company […] Read more
