Brookfield, EIG Consortium Ink Pact to Acquire Origin Energy for A$18.7bn Updated On Wed, Mar 29th, 2023 by Saurenergy A consortium comprised of Brookfield Renewable Partners, together with institutional investors GIC and Temasek, and MidOcean Energy of leading investor EIG will be acquiring 100% shares of Origin Energy Limited. The parities have signed a Scheme Implementation Deed. Origin Energy is Australia’s largest integrated power generator and energy retailer. The Scheme values Origin at an […] Read more
Electrical Design Engineer – Solar (ENR) Updated On Wed, Mar 29th, 2023 by Saurenergy Burns & McDonnell India (BMI) Energy Division is looking for a well-rounded and driven solar PV design engineer in the Mumbai Office to assist with conceptual design of solar developments and to perform the detailed design of solar projects. The conceptual design will involve collecting preliminary site information, performing site layouts, and iterating different technology […] Read more
India & Sri Lanka Build Momentum Further on Renewable Energy Updated On Wed, Mar 29th, 2023 by Saurenergy A memorandum of understanding (MoU) on renewable energy is in the offing between India and Sri Lanka. The Island nation is striving for the generation of 70 per cent of its electricity requirements from renewable sources by the end of the decade and the agreement will facilitate this goal. As per a member of the […] Read more
Agilitas Energy Acquires Texas Energy Storage Systems Portfolio for $75 Million Updated On Wed, Mar 29th, 2023 by Saurenergy American solar PV and storage conglomerate Agilitas Energy will be acquiring a portfolio of six standalone energy storage system (ESS) projects in the Greater Houston in Texas from Californian player Gulf States Renewable Energy, which is a subsidiary of GSR Energy. The official statement of Agilitas Energy held that the deal value about $75 million […] Read more
Goldi Solar Powers Up Asafwala War Memorial in Fazilka, Punjab Updated On Wed, Mar 29th, 2023 by Saurenergy Goldi Solar, in line with its Corporate Social Responsibility (CSR) projects, has partnered with the Committee of Asafwala War Memorial in Fazilka, Punjab to equip this historic War Memorial with solar power. This is a sacred war memorial and museum near the Indo-Pak border. The inauguration was attended by eminent dignitaries such as Narinderpal Singh […] Read more
NTPC Renewable Energy Limited Signs Term Sheet with Greenko Subsidiary For RTC Power of 1300 MW Capacity Updated On Wed, Mar 29th, 2023 by Saurenergy NTPC Renewable Energy Ltd, a wholly owned subsidiary of NTPC Green Energy Limited, has signed Term Sheet with Greenko ZeroC Pvt Ltd (A Greenko Group Company) on 28th March, 2023 to Supply 1300 MW Round the Clock (RTC) RE Power for powering Greenko’s upcoming Green Ammonia Plant at Kakinada, India. The Term Sheet was signed […] Read more
Solar PLI Tranche 2 Allocations Released, 48 GW Of Domestic Manufacturing Capacity By 2025-26 Updated On Tue, Mar 28th, 2023 by Saurenergy The government of India has allocated 39600 MW of domestic Solar PV module manufacturing capacity under PLI (Tranche-II), or the Solar PLI scheme to incentivise domestic manufacturing. The PLI or Performance Linked Incentive scheme offers financial incentives to manufacturers for meeting specific milestones in sales, linked indirectly to capacity creation. The PLI (Tranche-II) is expected […] Read more
Southeast Asia Needs US$200bn for Swift Energy Transition by 2030: IEA Updated On Tue, Mar 28th, 2023 by Saurenergy The International Energy Agency (IEA) in its latest report has noted that Southeast Asia will need at least US$200bn worth of investment in the energy sector by 2030 to speed up their clean energy transition. As per reports, the investments in renewables need more impetus with sufficient policies to support the development of robust project […] Read more
ISA & UNDP Launch Pilot Solar Projects in 10 African Member Nations Updated On Mon, Mar 27th, 2023 by Saurenergy The International Solar Alliance (ISA) and UNDP announced the launch of ISA’s first programme, Scaling Solar Applications for Agriculture Use (SSAAU), in ten African ISA Member Countries: Benin, Democratic Republic of Congo, Mali, Niger, Republic of Sudan, Senegal, South Sudan, Togo, Tuvalu, and Uganda. The programme is slated to be implemented over the next two […] Read more
