MRF To Buy 19% Stake In First Energy For Solar Power Purchase Updated On Wed, May 17th, 2023 by Saurenergy Global vehicular tyre manufacturer MRF has said it will be picking up a stake of upto 19.10 per cent in First Energy 4 Pvt Ltd. The contract value disclosed by MRF in the announcement has been estimated to be Rs 13.09 crore. The renewable energy firm develops, constructs, operates, and maintains renewable energy-based power plants […] Read more
Osaka Scoops 350-MW Solar Portfolio From EE North America Updated On Wed, May 17th, 2023 by Saurenergy European Energy subsidiary EE North America has announced that it has signed an agreement to sell a 350-MW utility-scale solar project in Texas to Osaka Gas USA Corporation (OGUSA). The solar power project is expected to be operational in 2025. OGUSA is a wholly owned subsidiary of Osaka Gas Co., Ltd., one of the largest […] Read more
A Lack of Awareness Among Key Stakeholders About Benefits Of Solar Insurance- Sudhish Ramteke, Anand Rathi Updated On Wed, May 17th, 2023 by Saurenergy As solar has achieved scale and a future of strong growth, insurance firms have also done well to catch up and offer products for the sector. Besides the obvious role of de-risking projects for developers, insurance firms also play a key role in wider understanding and acceptance of the risks involved for other key stakeholders, […] Read more
Ardian Sells 422-MW Wind Capacity To Naturgy Updated On Wed, May 17th, 2023 by Saurenergy Private investor Ardian has agreed to sell ASR Wind, a portfolio of 12 wind farms, to Naturgy, the Spanish renewable energy group. The wind farms are in different regions across Spain. Commissioned between 2005 and 2012, the farms have an installed capacity of 422 MW. The deal has been done against a consideration of EUR […] Read more
Vattenfall, OX2 To Build 1.6-GW Offshore Wind Power In Sweden Updated On Tue, May 16th, 2023 by Saurenergy Global renewable energy developers Vattenfall and OX2 have received permission from the Swedish government to build 1.6 GW of offshore wind energy in Sweden waters. Vattenfall will be developing 1.2GW and OX2 has 400 MW in its kitty. Vattenfall has disclosed that the Swedish Government allowed it to develop 1.2 GW Kattegat Syd offshore wind […] Read more
MNRE Official Indicates India’s First Offshore Wind Tender By June End Updated On Tue, May 16th, 2023 by Saurenergy A top official of Ministry of New and Renewable Energy (MNRE) has announced that India may float its first offshore wind energy tender in the coming four to six weeks. The information has been shared by MNRE Joint Secretary Dinesh Jagdale during a side event of the Energy Transitions Working Group of the G20 Presidency […] Read more
Octopus Energy Makes Inroads Further into French Market with Three New Wind Farms Updated On Tue, May 16th, 2023 by Saurenergy British renewable energy firm Octopus Energy’s generation arm has made investments in three new wind farms in France. The said onshore wind farms, namely Croix Erable, Bertaut, and Le Langrois, boast of a cumulative capacity of 49 MW. The firm will add the three new farms to the ten existing ones in France. With this […] Read more
Vibrant Energy Places Order for c.149 MW Wind Energy with Envision Energy Updated On Mon, May 15th, 2023 by Saurenergy Corporate renewable energy solutions provider Vibrant Energy (Vibrant) has placed an order totalling c.149 MW with Envision Energy (Envision). The order consists of 45 wind turbines with a capacity of 3.3 MW each, with delivery expected to commence from Q3FY24 onwards. Envision Energy delves into energy solutions and is headquartered in Shanghai. Srinivasan Viswanathan, CEO, […] Read more
GSECL Issues Tender for Prep of Study Report of 1500 MW Floating Solar Park Updated On Mon, May 15th, 2023 by Saurenergy Gujarat State Electricity Corporation Ltd (GSECL) has issued a tender for the appointment of consultant for providing consultancy services for preparation of feasibility study report & detailed project report for setting up of 1500 MW floating solar park. The feasibility study will look at the identification of the techno-commercial project site for the park. The […] Read more
