Renewable PPA prices surge 7.8% in response to Europe’s deepening energy crisis Updated On Thu, Jan 13th, 2022 by Saurenergy As the European energy crisis deepens, renewable PPA prices continue to climb, rising by 7.8% quarter over quarter, unveiled today by LevelTen Energy’s Q4 2021 PPA Price Index. The Index series, created by LevelTen Energy, a leading provider of renewable transaction infrastructure, analyses thousands of wind and solar PPA pricing offers listed on the LevelTen Energy Marketplace […] Read more
Mumbai-based Artha Energy Launches RE Invt Platform Updated On Thu, Jan 13th, 2022 by Saurenergy Mumbai-based Artha Energy Resources on Wednesday announced the launch of RenewShare, a renewable energy investment platform, that enables fractional ownership of renewable energy (RE) assets in the country. Launched as an autonomous investment platform, RenewShare caters to investors interested in diversifying their existing portfolio while being a part of the fast-growing RE landscape in India, […] Read more
Energy Vault to Help Korea Zinc Subsidiary Produce Green Zinc Updated On Mon, Jan 10th, 2022 by Saurenergy Energy Vault is partnering with Korea Zinc, a company involved in non-ferrous metal smelting production, such as that of zinc, lead, silver and rare metal indium, for renewable energy storage. Through this partnership, Korea Zinc aims to decarbonize its refining and smelting operations, focused initially under its wholly-owned subsidiary Sun Metals Corporation. The companies expect to […] Read more
Blackstone to Invest $3 B in North America’s Largest Private RE Firm Updated On Mon, Jan 10th, 2022 by Saurenergy New York City-based Blackstone Inc said on Friday it would invest about $3 billion in Invenergy Renewables Holdings Llc, the largest private renewable energy firm in North America. The money that Blackstone will invest is aimed at providing capital to accelerate Invenergy’s renewables development activities, the company said in a statement. Blackstone, the world’s largest manager of […] Read more
Green Firm Renew Power Raises $400 M from Global Debt Investors Updated On Mon, Jan 10th, 2022 by Saurenergy ReNew Power has raised USD 400 million from global debt investors, making it the second issue from the country after Reliance Industries’ mop-up of USD 4 billion. The renewable energy firm said the money was raised by the Mauritius-based Clean Energy Holdings, a wholly-owned subsidiary of Renew Energy Global Plc that is the parent of […] Read more
ANIL To Lead Adani Group’s Renewable Energy Shift Updated On Mon, Jan 10th, 2022 by Saurenergy The Adani Group, which already has Adani Solar for solar manufacturing, and Adani Green Energy Limited for developing renewable energy projects, has set up a new subsidiary, Adani New industries Limited, (ANIL) to undertake the next big phase of its green energy ambitions. From green hydrogen projects, generation of low carbon electricity and manufacture of […] Read more
FM Assures Manufacturer Associations Of BCD As Promised, From April 1, 2022 Updated On Fri, Jan 7th, 2022 by Saurenergy Finance minister Nirmala Sitharaman has assured delegation of domestic solar manufacturers that the Basic Customs Duty (BCD) that was announced on modules and cells almost 9 months back, will be implemented as scheduled, from April 1, 2022. This is basis a release shared by NIMMA, or the North India Module Manufacturers Association, which was among […] Read more
Odisha Govt Partners with GAIL to Develop Green Projects Updated On Thu, Jan 6th, 2022 by Saurenergy The Industrial Promotion and Investment Corporation of Odisha Ltd (IPICOL) and Gas Authority of India Ltd (GAIL) on Wednesday signed a Memorandum of Understanding (MoU) for cooperation in the areas of green hydrogen, green ammonia and renewable energy (solar / wind) for the production of eco-friendly fuels in Odisha. Odisha, being a power surplus state, […] Read more
French Infra Major VINCI Completes Buy of Spanish Energy Firm Cobra IS Updated On Wed, Jan 5th, 2022 by Saurenergy French concessions and construction company VINCI has completed the acquisition of Spanish construction major ACS’s energy business, Cobra IS, following an agreement signed between the two companies in April last year. The move also adds a fresh, stronger player in the EPC end of the global renewables sector in the form of the stronger entity […] Read more
