ACWA to Invest $120 Million in Uzbekistan Renewables Afresh Updated On Sun, May 21st, 2023 by Saurenergy Saudi Arabia’s ace renewable energy developer ACWA Power has inked two key agreements at the EBRD 2023 Annual Meeting and Business Forum in Samarkand to advance Uzbekistan’s target to decarbonise 35% of its energy sector by 2030. In the first set of agreements with the chemicals company, Uzkimyosanoat of Uzbekistan, ACWA Power will decarbonise the […] Read more
Repsol To Invest €500 Million For 1.7 GW Renewables In Italy Updated On Wed, May 17th, 2023 by Saurenergy Repsol will develop renewable projects in Italy totalling 1,768 MW. It has a portfolio in the country that, once fully operational, will add 943 MW of wind and 825 MW of photovoltaic solar projects to the multi-energy company’s portfolio of renewable projects. More than 60% of the projects in Italy are at an advanced stage […] Read more
Govt Report Bats For Boosting Renewables In Day-Ahead Electricity Market Updated On Wed, May 17th, 2023 by Saurenergy A report by an expert group constituted by the Ministry of Power to review the Indian electricity markets batted for including variable renewable power in the day-ahead markets. The report said this could be done with some revenue protection for the developers. The inclusion of RE was one of the reforms the Group advocated in […] Read more
PTC To Purchase 100 MW Solar Power From Brookfield Renewables Updated On Wed, May 10th, 2023 by Saurenergy Read more
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
