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
UP Power Corporation Joins Hands With NEDA to Promote Solar-Powered Tube Wells Updated On Wed, Mar 1st, 2023 by Saurenergy The Non-Conventional Energy Development Agency (NEDA) and the UP Power Corporation have joined hands to provide solar equipment to farmers for grid-connected agricultural tube wells, that will make irrigation cost-effective by cutting down electricity expenses. The collaboration is under the scheme called PM-KUSUM (Pradhan Mantri-Kisan Urja Suraksha evam Utthan Mahabhiyan) by the Indian government that […] 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
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
RWE, Northland Power Select Vestas for 1.6 GW Offshore Wind Cluster Updated On Wed, Mar 1st, 2023 by Saurenergy Global wind energy developers RWE and Northland Power have announced that they are making significant progress on the deployment of their Nordseecluster. The companies have selected Vestas as the preferred supplier for their up to 1.6-gigawatt (GW) cluster consisting of four offshore wind farm sites in the German North Sea. RWE said that a minimum […] 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
Available Power, Linxon Unveil Strategic Partnership for Over 1 GW BESS Development Updated On Wed, Mar 1st, 2023 by Saurenergy Battery storage developer Available Power and Linxon have partnered to scale the North American energy storage market as Linxon has already secured access to the necessary equipment supply to deliver on the first tranche of Available Power’s 1,000+ MW (over 1 GW) front-of-meter project pipeline in Texas’s ERCOT market territory. Linxon is a joint venture […] Read more
Indo-German Pact to Integrate Indian Skilled Workers into German Solar Industry Updated On Wed, Mar 1st, 2023 by Saurenergy The German solar industry, which is facing paucity of trained workers, will now be an easy destination for job seekers from India. The recent agreement between the German Solar Industry Association (BSW- which stands for Bundesverband Solarwirtschaft) and the Indian Skill Council for Green Jobs (SCGJ) will help integrate skilled workers from India into the […] Read more
