Oil Company Gulf Energy Sells 50% Stake In German Wind Farm Updated On Thu, Aug 18th, 2022 by Saurenergy Leading oil company Gulf Energy Development Public Company Limited has notified the Stock Exchange of Thailand that that it is divesting more than 50 per cent stake in its Germany based wind farm. The disinvestment is taking place at EUR 305 million. Gulf Energy said that through its wholly owned subsidiary, Gulf International Holding Pte. […] Read more
AI Powered Solar Startup Renkube Raises 2.4 Cr in Seed Round By CIIE.CO Updated On Wed, Aug 17th, 2022 by Saurenergy Bangalore-based renewable energy-focused deep tech AI startup Renkube has announced that it has secured Rs. 2.4 crores ($300K) in a seed round led by CIIE.CO. JITO Angel Network and K4 Forum Mumbai Network also participated in this round. Halliburton Labs, a wholly owned subsidiary of Halliburton Company is participating via Renkube’s selection to its clean […] Read more
France’s Total Eren To Develop 2 GW Solar Farm, 1 GW Green Hydrogen Project In Australia Updated On Wed, Aug 17th, 2022 by Saurenergy France-based renewables developer Total Eren is evaluating the possibilities for setting up a 2 GW solar park that will help power a 1 GW green hydrogen project in Australia’s Northern Territory (NT). This will bring up the state’s total capacity of green H2 projects under construction to 13.8 GW. The proposed Darwin H2 Hub will […] Read more
German Financial Services Provider ALH Group Acquires 16 Solar Farms From EnBW Updated On Wed, Aug 17th, 2022 by Saurenergy Germany-headquartered financial services provider, Alte Leipziger Hallesche (ALH Group) has revealed that it is indirectly acquiring 49.9% of a portfolio of sixteen solar farms with a combined capacity of 597 MW belonging to Energie Baden-Wurttemberg AG (EnBW). As per the agreement, Weesow, Gottesgabe, and Alttrebbin solar projects are also part of the portfolio. The company […] Read more
Offshore Wind Market Player Magnora Gets Authorisation To Develop Solar Project In South Africa Updated On Wed, Aug 17th, 2022 by Saurenergy Norway-based renewable energy player Magnora ASA has announced that one of its solar power projects in South Africa has been granted environmental authorization, which it claims to be a major milestone for the project. According to the official statement of Magnora, the approved solar project will have a total installed capacity of approximately 260 MW […] Read more
Solar Investment Fund SolRiver Capital Invests In Korsail Energy Updated On Tue, Aug 16th, 2022 by Saurenergy US-based solar developer, Korsail Energy has announced recently that the company has received a significant development finance commitment from the US-based renewable energy investment fund SolRiver Capital. According to Korsail, the company will complete its 2 GW worth of solar and storage projects with the help of this investment. Korsail Energy said, “With the help […] Read more
Property Manager CBRE To Focus On Solar, Battery Storage Updated On Tue, Aug 16th, 2022 by Saurenergy Real assets investment management company, CBRE Investment Management has shared the news of launching a sustainability initiative that looks at escalating the development of solar projects within its direct logistics portfolio. The present portfolio of the company spans 17 countries in the world and covers more than 600 assets, 200 million sq. ft. and $30.2 […] Read more
Going Solar? Know Your Energy Metering Options Updated On Tue, Aug 16th, 2022 by Saurenergy It’s necessary for a prosumer, who is going to install a solar system, to understand the relevant vocabulary before choosing the best energy metering option. Of course, in India, chances are you won’t really have a choice, as your options will be dictated by whatever is allowed in your region or state. For starters, a […] Read more
Coal Mining Company NLCIL Signs MoU For RE Projects With APDCL Updated On Tue, Aug 16th, 2022 by Saurenergy A Memorandum of Understanding (MoU) has been signed by coal mining company NLC India Ltd and Assam Power Distribution Company Limited (APDCL). It may be noted that Tamil Nadu based NCL India Ltd and APDCL- fully owned by the Assam Government, are Navratna public sector organisations. According to the agreement, the objective of the MoU […] Read more