Canadian Pension Firm & Mahindra Group Collaborate Strategically in RE Updated On Sun, Sep 18th, 2022 by Saurenergy The Mahindra Group and the Canadian-based pension firm, Ontario Teachers’ Pension Plan Board have announced a strategic alliance to take advantage of the expanding renewables market in India. Both parties have entered into legally binding agreements under which Ontario Teachers’ will purchase a 30% equity stake in Mahindra’s solar development arm, Mahindra Susten Pvt Ltd […] Read more
Ex-Orsted Executive Launches Renewable Energy Platform with US$100M Updated On Sat, Sep 17th, 2022 by Saurenergy Declan Flanagan, former CEO of Orsted Onshore, has announced the launch of Bluestar Energy Capital, along with a $100 million for the development of greenfield renewable energy projects. In addition to Flanagan, other investors include S2G Ventures and Great Bay Renewables . As part of the transaction Aaron Rudberg, COO of S2G, and Frank Getman, […] Read more
SolarPower Europe Demands EU Windfall Measures to Target Actual Profits Only Updated On Wed, Sep 14th, 2022 by Saurenergy Trade body SolarPower Europe has said that windfall revenue measures of power generators in Europe should target actual profits only and make an exemption for renewables that do not make windfall profits. It “should therefore not be subject to windfall measures,” it further added. The move comes even as energy prices across Europe test new […] Read more
USA’s Energy Harbor Announces Great Lakes Clean Hydrogen Partnership Updated On Wed, Sep 14th, 2022 by Saurenergy USA’s clean energy generator Energy Harbor Corporation has announced joining forces with the University of Toledo, major industrial companies in the region, several DOE national laboratories and others to form a new industry-led coalition called the Great Lakes Clean Hydrogen (GLCH). The coalition is to transition the Midwest state of the USA into a leading […] Read more
Norway’s Scatec to Set Up 3 GW Wind Energy Project in Egypt Updated On Wed, Sep 14th, 2022 by Saurenergy According to a statement made by a spokesperson of the Egyptian Presidency, Norway’s renewable energy producer Scatec will be playing a greater role in Egypt for the renewable energy development. Spokesperson Bassam Essam Rady has said that the cooperation between Egypt and Scatec will be to develop new and renewable energy projects and also to […] Read more
Gurugram’s Serentica Launches RE Platform with Hybrid Plant Installation Updated On Tue, Sep 13th, 2022 by Saurenergy Twinstar Overseas Limited-owned Serentica Renewables has launched a renewable energy platform in India to offer significant energy consumers in the nation round-the-clock (RTC) carbon-free power. Serentica Renewables is a division of Twinstar Overseas Ltd, which also holds a majority position in Sterlite Power Transmission and Sterlite Technologies. In addition, the company intends to set up […] Read more
IKEA, SunPower Launch Home Solar Offering in California, USA Updated On Tue, Sep 13th, 2022 by Saurenergy Global furniture store owner IKEA US has teamed up with SunPower, a solar technology and energy services provider, to make home solar energy solutions easier to access in select California locations. The official statement of IKEA held that members of the IKEA family customer loyalty program will be able to purchase home solar solutions, available […] Read more
REI Expo 2022 Curtain Raiser Updated On Mon, Sep 12th, 2022 by Saurenergy Informa Markets India, the country’s leading exhibitions organiser, is set to host the 15th Crystal Edition of Asia’s largest expo in the RE space, the Renewable Energy India Expo 2022, from September 28 to 30 at India Expo Mart, Greater Noida, Delhi-NCR. At a press meet to announce the event, Informa Markets stressed on the […] Read more
California’s Pathway Power Raises $36 Million from The Forest Road Company Updated On Mon, Sep 12th, 2022 by Saurenergy Forest Road Renewables, a climate-focused infrastructure platform within financing firm The Forest Road Company, has announced a $36 million strategic investment in Pathway Power, a battery storage developer based in California. With the funding, Pathway Power will expand its portfolio of clean energy projects, which was designed to produce over 2 GW of energy across […] Read more
