EDF Renewables Acquires 529 MWp Solar Portfolio from MEC Energy in Germany Updated On Wed, Mar 1st, 2023 by Saurenergy Global renewable energy player EDF Renewables has acquired 17 greenfield solar photovoltaic projects with a total capacity of 529 MWp from MEC Energy, a renewable project developer based in Germany. In the transaction, Capcora, a German consulting company, acted as the exclusive sell-side M&A advisor MEC Energy which is a German project developer and part […] Read more
Triveni Glass to Institute Solar Glass Manufacturing Plant in Andhra Pradesh Updated On Wed, Mar 1st, 2023 by Saurenergy Triveni Glass Limited, an Indian glass manufacturer company has plans to open up a solar glass manufacturing plant with a production capacity of 840 metric ton (MT)/day in Andhra Pradesh for an estimated investment of INR 1000 cr. Headquartered in Allahabad, UP, Triveni Glass Ltd. manufacturer of toughened glass and laminated safety glass. The said […] Read more
Honda, LG Energy Begin Construction of Multi-Billion Ohio EV Battery Plant Updated On Wed, Mar 1st, 2023 by Saurenergy Honda and LG Energy Solution have announced the beginning of the construction of their joint venture electric vehicle battery plant that will be spread over 2 million square feet in Fayette County in Ohio. In January, 2023, Honda said that the two companies have committed to invest $3.5 billion in the new joint venture (JV) […] Read more
Spain’s Repsol Acquires 250 MW of Wind & Solar Assets from Germany’s ABO Wind Updated On Wed, Mar 1st, 2023 by Saurenergy Spanish multinational energy firm Repsol has purchased 250 MW of renewable assets from German developer ABO Wind in Spain that come in the face of three wind farms and two solar plants. With the acquisition of these projects, the renewable portfolio of Repsol in Spain now totals 3,200 MW. The three wind farms, totalling 150 […] Read more
Lightsource bp to Purchase 4 GW of First Solar Modules Updated On Wed, Mar 1st, 2023 by Saurenergy Global solar developer Lightsource bp has placed an order for 4 GW of advanced thin film solar modules with module maker First Solar. The modules, scheduled to be delivered between 2026 and 2028, are expected to power Lightsource bp projects in the United States. This latest deal follows a prior order by Lightsource bp for […] Read more
NTPC Transfers 15 Renewable Energy Assets Worth Over Rs 10,000 Cr to Subsidiary NGEL Updated On Wed, Mar 1st, 2023 by Saurenergy India’s largest power utility NTPC has transferred 15 renewable energy assets worth Rs 10,0066.99 cr to its wholly-owned subsidiary, NGEL (NTPC Green Energy Ltd). The transfer was achieved under a Business Transfer Agreement under the aegis of the National Monetization Pipeline (NMP) of Government of India. The NMP sets mandate for the transfer of revenue […] Read more
PGVCL Invites Proposal for 921 MW Solar Projects Under PM-KUSUM Component C Updated On Wed, Mar 1st, 2023 by Saurenergy Paschim Gujarat Vij Company (PGVCL) has invited proposals for the development of 921 MW of solar projects under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program. The last date for submitting online bids is March 17, 2023 The scope of work in the project involves- Converting 11 kV feeders […] Read more
Israel’s Solar Panel Cleaning Firm Ecoppia Lands 181.25 MW Project in Chile with ENGIE Updated On Tue, Feb 28th, 2023 by Saurenergy Israel-based Ecoppia, which provides robotic cleaning solutions for photovoltaic solar, has announced another collaboration with ENGIE, a French multinational utility company. The partnership is for its 181.25 MW (AC)/199.8 MW (DC) Coya Solar PV Plant in Chile’s Antofagasta region, which is the energy firm’s largest project in northern Chile. The project is expected to generate […] Read more
L’Oréal Signs Agreement with EDF for Renewable Energy Updated On Tue, Feb 28th, 2023 by Saurenergy French personal care company L’Oréal has partnered for renewable energy with EDF Renewables through a PPA. EDF Renewables is a wholly-owned subsidiary of the French utility EDF Group. As per the 15-year agreement, EDF will be focussing on two solar parks located in the Corrèze and Vosges regions, where EDF will be able to produce […] Read more