Shipping Company GAC Bahrain Steps Up Renewable Output With Solar PV Project Updated On Wed, Aug 17th, 2022 by Saurenergy Shipping agency services provider GAC Bahrain has announced that it will be installing solar PV panels on the rooftop of its warehouse in Bahrain Investment Wharf in Al Hidd, as part of the wider GAC Group’s commitment to environmental protection and to reduce its carbon footprint. As per the statement of GAC Bahrain, 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
JSW Energy To Buy Renewable Portfolio Of London Based Mytrah Energy Updated On Tue, Aug 16th, 2022 by Saurenergy Sajjan Jindal-led JSW Energy has inked a pact for the acquisition of the 1,753 MW renewable energy portfolio of Mytrah Energy. The deal comes at a price of Rs 10,530 crore. This is the largest acquisition ever by JSW Energy in this segment. The information has been revealed by JSW Energy in a regulatory filing. […] Read more
German Energy Major RWE Invests USD 2 Billion In Renewables, Sees Profits In H1 Updated On Tue, Aug 16th, 2022 by Saurenergy In 2021, the German energy giant RWE onshore renewables segment underwent a significant overhaul. The division returns to profitability in the first half of 2022 after a weak first half of the 2021 result. The company claims that it invested €2 billion (US$2.04 billion) in the growth of its green portfolio during the first half […] Read more
Rethink Energy Predicts An End To Polysilicon Pain In 2023 Updated On Tue, Aug 16th, 2022 by Saurenergy The price of polysilicon is to fall steeply from the start of 2023, according to new Rethink Energy research tracking production capacity expansion plans announced by 19 Chinese companies. That, if it happens, will indeed be a relief for a solar sector buffeted by price volatility since 2021, a lot of it linked to polysilicon […] Read more
Inflation Reduction Act (IRA) 2022: A Bill To Make US ‘The Clean Energy Leader’ Updated On Tue, Aug 16th, 2022 by Saurenergy On August 7, 2022, the US Senate approved a Bill titled the Inflation Reduction Act (IRA) 2022 after a series of discussions and debates between the Democrats and Republicans. What makes the Bill more interesting is its special focus on climate friendly provisions. Climate action has been a priority ever since President Joe Biden came […] 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
KREDL Issues RFP For 5 MW Solar Plus Battery At Karnataka Solar Park Updated On Tue, Aug 16th, 2022 by Saurenergy Karnataka Renewable Energy Development Limited (KREDL) has invited a Request for Proposal (RFP) 5MW (AC) Solar PV Power Plant (7 MWp DC) with 5MW / 16 MWh Battery Energy Storage System having 10 years Plant O&M at Pavagada Ultra Mega Solar Park of Tumakuru District in Karnataka. The last date for submitting the online bid […] Read more