Actis Launches $500 Million Renewables Platform In Japan Updated On Wed, May 10th, 2023 by Saurenergy Global investor in sustainable infrastructure – Actis – has launched a new $500 million renewables platform called Nozomi Energy which will be Japan-focused. Nozomi will target 1.1GW of onshore wind and solar power generation by 2027. The investment is made from fifth and latest energy infrastructure fund of Actis, which represents $6 billion of investable […] Read more
PTC To Purchase 100 MW Solar Power From Brookfield Renewables Updated On Wed, May 10th, 2023 by Saurenergy PTC India – that offers power trading solutions – has announced that it has inked an agreement with Brookfield Renewables. Under the scheme of things, PTC India will purchase 100 MW of solar energy from Brookfield on a long term basis. The agreement says that there is also an option to raise the power capacity […] Read more
Wärtsilä Grabs 114MWh UK Storage Project From EDF Renewables Updated On Thu, May 4th, 2023 by Saurenergy Technology major Wärtsilä has bagged EDF Renewables order to deliver a grid-scale energy storage system (ESS) in Bramford, UK having a capacity of 57 MW / 114 MWh. The ESS project will support the transition to a decarbonised electricity system and help achieve the UK’s net zero goals. Wärtsilä said that the order was booked […] Read more
NSW Announces 1.4 GW Renewables’ Tender, RWE To Develop Battery Storage Project Updated On Tue, May 2nd, 2023 by Saurenergy Just as the provincial government of New South Wales, Australia, has announced the tender allocation results for 1.4 GW of renewables, global renewables major RWE has said that itwill develop storage project in the state. RWE has been successful in the tender process offering Long-Term Energy Service Agreements to project developers of long duration storage […] Read more
Serentica Renewables Secures $250 Million From KKR Updated On Mon, May 1st, 2023 by Saurenergy Sterlite Power backed Gurugram based Serentica Renewables has announced that the company has secured $250 million in a second round of funding from KKR, a global investment company. Serentica Renewables is a decarbonisation platform for the commercial and industrial (C&I) sector, focusing especially on energy intensive consumers like metals and mining. Starting with it’s own […] Read more
LGIM, NTR Raise €390 Million for Renewables Expansion in Europe Updated On Thu, Apr 20th, 2023 by Saurenergy UK-based asset manager Legal & General Investment Management (LGIM) and renewable energy player NTR have raised EUR 390 million in committed capital and co-investment opportunity in the first close of the L&G NTR Clean Power Fund. This Fund would invest in clean power infrastructure assets across wind, solar and energy storage. The Fund is designed […] Read more
BPCL Targets 240 MW Renewables Expansion This Fiscal Updated On Thu, Apr 20th, 2023 by Saurenergy Public sector fuel marketing major Bharat Petroleum Corporation (BPCL) is mulling for the development of 240-MW of renewable power capacity this fiscal year of 2023-24. A senior official of BPCL held that the renewable expansion of the firm will be achieved at the cost of Rs 1600 crore. BPCL was in line for divestment by […] Read more
Akshay Hiranandani Takes Over the Reins of Serentica Renewables as CEO Updated On Wed, Apr 19th, 2023 by Saurenergy A decarbonisation platform that looks to accelerate the energy transition for energy-intensive industries, Serentica Renewables has announced the appointment of Akshay Hiranandani as the Chief Executive Officer. In this role, Hiranandani will work closely with Pratik Agarwal, Director, Serentica Renewables. Commenting on the appointment, Pratik Agarwal, Director, Serentica Renewables, said, “We are elated to have […] Read more
Masdar Invests In 128 MW Solar Project Of EDF Renewables North America Updated On Wed, Apr 12th, 2023 by Saurenergy UAE renewables major Masdar has acquired 50% stake in a combined solar and battery storage project from EDF Renewables North America. The Big Beau project, located in California, comprises a 128-MW solar PV plant and a 160 MWh BESS. It is one of eight projects that Masdar and EDF Renewables have agreed to jointly partner […] Read more
