Repsol Signs RE Purchase Agreement with Microsoft Updated On Wed, Jun 12th, 2024 by Saurenergy Repsol will supply Microsoft renewable electricity after reaching an agreement for a combined six long-term virtual power purchase agreements (VPPAs). These 12-year supply agreements are linked to three wind farms and three solar plants in Spain with a total installed capacity of 230 MW that will be operational by December 2025. This deal adds to existing power […] Read more
Radiance Renewables & PIDG Form JV For RE Growth In India Updated On Tue, Jun 11th, 2024 by Saurenergy Radiance Renewables and the Private Infrastructure Development Group (PIDG) company, InfraCo Asia, announced a joint venture (JV) – Radiance InfraCo Renewables Private Limited. The JV will develop a portfolio of greenfield renewable energy projects for C&I clients in India, enabling them to reduce carbon emissions in their supply chain and operations to meet their sustainability […] Read more
Suzlon Secures 103.95 MW Order From AMPIN Energy Transition Updated On Tue, Jun 11th, 2024 by Saurenergy Suzlon Group, a Pune-based renewable energy solutions provider, has won a new order to develop a 103.95 MW wind power project for AMPIN Energy Transition Private Limited. Suzlon is expected to install 33 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each at the client’s […] Read more
SaurEnergy Explains: Why Is PVEL Scorecard Important For Indian Manufacturers? Updated On Mon, Jun 10th, 2024 by Saurenergy PV Evolution Labs (PVEL), an autonomous testing facility catering to the downstream solar industry and affiliated with the Kiwa Group, has released its newest PV Module Reliability Scorecard. The latest edition of the annual scorecard highlights 388 model types of PV modules from 53 manufacturers as Top Performers in PVEL’s rigorous testing. This year’s list […] Read more
News Brief June 07 – UK Battery Project, Energy Vault, Sumitomo Updated On Fri, Jun 7th, 2024 by Saurenergy Gresham House secures PPA for 568MW battery projects in UK An Octopus Energy subsidiary and Gresham House Energy Storage Fund have engaged into a power purchase agreement (PPA) for 14 of the company’s battery projects in the UK, totaling 568MW/920 megawatt hours (MWh). Commencing on July 1, 2024, the two-year fixed-price contracts will cover around […] Read more
SC Net Zero Ventures Raises €125 Mn For Energy Transition Updated On Fri, Jun 7th, 2024 by Saurenergy SC Net Zero Ventures, the venture capital investment fund managed by Suma Capital in strategic alliance with Repsol as anchor investor, has completed its first closing raising €125 million. The fund has a target of €150 million. This substantial first closing is a very important step towards achieving the fund’s goals. Furthermore, this milestone underlines […] Read more
India Expected To Spend $385 Bn To Reach RE Target: Moody’s Updated On Fri, Jun 7th, 2024 by Saurenergy Moody’s Ratings, a bond credit rating business of Moody’s Corporation, in its recent report, highlighted that India is expected to invest $385 billion to meet its target of 500 gigawatts (GW) of renewable energy by 2030. But coal will remain a key source of electricity generation for the next decade, said Moody’s Ratings. India, one […] Read more
Uno Minda Signs Deal With Chinese Firm For Making EV Parts Updated On Thu, Jun 6th, 2024 by Saurenergy Uno Minda, a major supplier of seating, lighting, switching, and acoustics solutions to international automakers, announced that it had signed a deal with Suzhou Innovance Automotive to manufacture and market a limited number of high-voltage category electric vehicle products for Indian passenger cars and commercial vehicles. The next-generation 3-in-1 electric drive systems (e-Axle), EV motors, […] Read more
Vestas Secures 124 MW Wind Turbine Order In Lithuania Updated On Wed, Jun 5th, 2024 by Saurenergy Vestas has received a 124 MW order for a wind energy project in Telsiai, Lithuania. It will deliver 20 V162-6.2 MW wind turbines, and the order includes supply, delivery, and commissioning of the turbines. The order was placed by Utilitas Wind and Latvenergo AS. Upon completion, Vestas will service the turbines throughout their life cycle […] Read more
