Essar Group to Invest $3.6 Billion in Energy Transition in UK, India Updated On Tue, Feb 28th, 2023 by Saurenergy Mumbai headquartered Essar Group has formed the Essar Energy Transition (EET) with the objective to invest a total of $3.6 billion in developing a range of low carbon energy transition projects over the next five years in India and the United Kingdom. Essar Group held that EET of the total investment, $2.4 billion will be […] Read more
Canadian Solar Renews EUR 100 Million Note Program Updated On Tue, Feb 28th, 2023 by Saurenergy Canadian Solar Inc. has announced that Canadian Solar EMEA Capital Markets, its wholly-owned subsidiary in Spain, has registered its EUR 100 million medium term note program in the MARF (a Spanish multilateral trading facility). Canadian Solar said that any payment under the notes issued under the note program will be guaranteed by the company. The […] Read more
Global Investor BlueOrchard to Invest in Indian Renewable Energy Firm U-Solar Updated On Tue, Feb 28th, 2023 by Saurenergy An infrastructure fund managed by Zurich-based BlueOrchard Finance Ltd is investing in Indian renewable energy platform U-Solar to support the growth of its commercial and industrial (C&I) rooftop solar portfolio. BlueOrchard is a leading global impact investment manager and member of the Schroders Group. U-Solar, headquartered in Bengaluru, is present in the entire solar PV […] Read more
Ocior Energy in MoU with Gujarat to Invest Rs 40,000 Cr in Green Hydrogen, Ammonia Updated On Mon, Feb 27th, 2023 by Saurenergy The Government of Gujarat today signed a memorandum of understanding (MoU) with Abu Dhabi (United Arab Emirates) headquartered Ocior Energy Pvt Ltd for Rs. 40,000 crores proposed investment in the state in the renewable energy capacities. As per the government statement, Ocior Energy will be developing green hydrogen-green ammonia projects among other renewable energy plans. […] Read more
Himurja Issues Tender for Set up of 100 MW Solar Plants Updated On Mon, Feb 27th, 2023 by Saurenergy Himurja, the state energy agency responsible for the promotion and sustainable development of renewable energy and related R&D in Himachal Pradesh has invited bids for the establishment of 100 MW solar plants in Himachal Pradesh. These will be set up on private and leased land. The PRO of Himurja Panna Lal revealed that the tender […] Read more
Philippines-Based Altenergy is Awarded Three Offshore Wind Projects by DOE Updated On Mon, Feb 27th, 2023 by Saurenergy Alternergy Holdings Corporation, which develops renewable energy projects across the Philippines, has won three service offshore wind project contracts. These projects are over Tablas Strait which separates Mindoro and Antique. Alternergy revealed that it was awarded the contract by the Department of Energy (DOE) to Pililla AVPC Corp (PACO), which is the wind energy unit […] Read more
Karnataka & Gujarat Lead in Clean Energy Transition; Odisha, Bihar, UP Laggards Updated On Mon, Feb 27th, 2023 by Saurenergy A new study conducted in unison by IEEFA (Institute for Energy Economics and Financial Analysis) and Ember to create the States’ Electricity Transition (SET) Scoring System. The report takes a look at 16 states in India. The report has analyses 16 Indian states that make up 90% of the country’s yearly power needs. The states […] Read more
Bord Na Móna Avails €430 Million for Wind And Solar Projects in Ireland Updated On Sun, Feb 26th, 2023 by Saurenergy Semi-state Irish company Bord na Móna has announced that it has secured EUR 430 million in banking facilities that will enable the company to complete and deliver renewable energy projects of about EUR 2.7 billion. Bord na Móna said that the funding is the largest-ever for renewable energy projects for the company. The debt facilities […] Read more
Bangladesh, ISA Agreement For Enhanced Solar Energy Use Updated On Sun, Feb 26th, 2023 by Saurenergy The Bangladesh Government has announced the signing of an agreement with the International Solar Alliance (ISA) to increase the use of solar energy in the country. The agreement was signed between the ISA Director General Ajay Mathur and the Bangladesh Power Division Secretary Md. Habibur Rahman. The agreement is expected to be implemented by December […] Read more
