APAC to Invest US$3.3 Trillion in Power Generation Over Next Ten Years: Wood Mackenzie Updated On Fri, Oct 6th, 2023 by Saurenergy Wood Mackenzie, a global research and consultancy group forecasts an investment of US$3.3 trillion in power generation over the next ten years in Asia Pacific, with 49% earmarked for wind and solar, and 12% for energy storage. “The Asia Pacific region is critical to the power sector’s energy transition as it grows to over half […] Read more
German 400 MW Solar Plus Storage Tender Sees Oversubscription Updated On Tue, Oct 3rd, 2023 by Saurenergy Germany has concluded its latest round of the 400 MW solar tender that comes with storage. The Federal Network Agency shortlisted 408 MW worth of projects. Interestingly, this round of the innovation tender attracted unprecedented interest from the bidders. The round saw a total of 53 bids with a cumulative capacity of 779 MW. Of […] Read more
Canada’s Brookfield Asset Management Adds $845 Mn for JV with Axis Energy Updated On Fri, Sep 29th, 2023 by Saurenergy Canadian investor in renewable energy, Brookfield Asset Management has announced a second joint venture with Telangana-headquartered clean energy firm, Axis Energy Ventures. Brookfield Asset Management will invest worth $845 million in solar and wind energy projects of the Indian firm. The investment is being made from the Brookfield Global Transition Fund II to accelerate countrywide […] Read more
Clean Energy Investments Have Surged In India: IEA Report Updated On Wed, Sep 27th, 2023 by Saurenergy The International Energy Agency (IEA) has recently released a document on the roadmap for the Net Zero plans. The report indicates the role of government policies in bringing improvement in solar PV. The report emphasizes that the clean energy investment today is dominated by the advanced economies and China. As per the report, large economies such as India […] Read more
Pexapark Infused with Funding Worth €20m in Series C Round Updated On Tue, Sep 26th, 2023 by Saurenergy Pexapark, a Switzerland-based firm that helps make PPAs for renewables, has been injected with funding worth €20m in Series C round. The fresh funding round was led by Telstra Ventures, a global investor in technology. It also saw participation from Swisscom Ventures and the A&G Energy Transition Tech Fund. “This fresh injection of capital takes […] Read more
NTPC Issues Tender For 1500 MW Of Wind Projects For ISTS Updated On Mon, Sep 25th, 2023 by Saurenergy NTPC Limited has issued an international bidding tender seeking developers to set up 1500 Megawatt (MW) of Inter-State Transmission System (ISTS) wind projects anywhere in India. The central public sector enterprise has asked the bidders to submit their bids by the end of October 19. The bids will be undertaken on a single stage two, envelope mode […] Read more
Ørsted Signs Semco Maritime, KK Wind Solutions for German North Sea Wind Projects Updated On Fri, Sep 22nd, 2023 by Saurenergy Semco Maritime and KK Wind Solutions have formed a strategic partnership for a fresh offshore wind service agreement covering High Voltage (HV) Services at Ørsted’s wind farm projects in the German North Sea. These wind projects encompass Borkum Riffgrund 1 & 2 as well as Gode Wind 1 & 2 wind farms. Both Semco Maritime […] Read more
Surrey Varsity Nears Mass Production of Efficient Next-Gen Solar Panels Updated On Fri, Sep 22nd, 2023 by Saurenergy When the world is grappled in the quest to find new ways to enable production of more efficient solar panels with economy, the University of Surrey has come up with a novel method in this regard. It has announced that a scientific breakthrough brings mass production of the next generation of cheaper and lighter perovskite […] Read more
EIB’s €200 Million Loan To CTP To Finance Its Ambitious Solar Energy Roll-Out Updated On Thu, Sep 21st, 2023 by Saurenergy European renewable energy conglomerate CTP has announced that it has secured €200 million in financing from the European Investment Bank (EIB) for the roll-out of its large-scale programme of solar panel installation across its European business park portfolio. CTP is Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable […] Read more
