Govt to Offer Subsidies to Build Ships that Employ Offshore Wind Projects Updated On Fri, May 19th, 2023 by Saurenergy The Indian government will now extend subsidies to build ships establishing offshore wind projects. It is a part of the shipbuilding subsidy scheme, which the government revised to include the manufacture of these vessels. The move comes even as the government finally announced a (draft) offshore wind policy and hopes to install the first projects […] Read more
Boralex To Deliver 380 MW Energy Storage To Canadian Operator Updated On Thu, May 18th, 2023 by Saurenergy Boralex has its two storage projects, totaling 380 MW of nameplate capacity, selected by the Ontario Independent Electricity System Operator (IESO) as part of its Expedited Long-Term Request for Proposals. Boralex and its partners are currently finalizing the terms of the contract with the IESO. Boralex is the leading awardee as its two projects represent […] Read more
Repsol To Invest €500 Million For 1.7 GW Renewables In Italy Updated On Wed, May 17th, 2023 by Saurenergy Repsol will develop renewable projects in Italy totalling 1,768 MW. It has a portfolio in the country that, once fully operational, will add 943 MW of wind and 825 MW of photovoltaic solar projects to the multi-energy company’s portfolio of renewable projects. More than 60% of the projects in Italy are at an advanced stage […] Read more
Ardian Sells 422-MW Wind Capacity To Naturgy Updated On Wed, May 17th, 2023 by Saurenergy Private investor Ardian has agreed to sell ASR Wind, a portfolio of 12 wind farms, to Naturgy, the Spanish renewable energy group. The wind farms are in different regions across Spain. Commissioned between 2005 and 2012, the farms have an installed capacity of 422 MW. The deal has been done against a consideration of EUR […] Read more
Vattenfall, OX2 To Build 1.6-GW Offshore Wind Power In Sweden Updated On Tue, May 16th, 2023 by Saurenergy Global renewable energy developers Vattenfall and OX2 have received permission from the Swedish government to build 1.6 GW of offshore wind energy in Sweden waters. Vattenfall will be developing 1.2GW and OX2 has 400 MW in its kitty. Vattenfall has disclosed that the Swedish Government allowed it to develop 1.2 GW Kattegat Syd offshore wind […] Read more
TagEnergy Energises 50 MW Battery Storage Facility For UK Updated On Fri, May 12th, 2023 by Saurenergy Global clean energy enterprise Tag Energy has announced that it has operationalised 49.5MW/99MWh standalone energy storage system near Luton, England. The funding has also come from Santander UK in the £30 million Chapel Farm development. The ESS is a joint venture between TagEnergy and Yorkshire-headquartered Harmony Energy. TagEnergy’s had acquired a 60% stake in the […] Read more
Ireland First Offshore Wind Auction: 3.1 GW Awarded in Four Projects Updated On Fri, May 12th, 2023 by Saurenergy Ireland has awarded four offshore wind energy projects of capacity nearing 3,100 Megawatt (3.1GW) in its first offshore wind auction conducted under Renewable Electricity Support Scheme ‘ORESS 1.’ The 1,300 MW Codling Wind Park will be owned and developed by a joint venture of Fred. Olsen Seawind and EDF Renewables. RWE has said it will […] Read more
RWE Invests €8 Billion In Green Energy In Q1, 2023 Updated On Fri, May 12th, 2023 by Saurenergy German energy company–RWE is making swift progress in green energy as it expanded its green portfolio by 4.9 Gigawatt (GW) in the first quarter of 2023 alone. It was done through a massive investment of EUR 8 billion. The EUR 6.3 billion acquisition of Con Edison Clean Energy Businesses in the US represented the largest […] Read more
Vattenfall Issues £250 Million Hybrid Bond To Finance Green Energy Projects Updated On Thu, May 11th, 2023 by Saurenergy Swedish energy conglomerate Vattenfall has announced that it has successfully issued a £250 million green fixed-rate hybrid bond with an objective of financing eligible green projects that meet the requirements of green financing framework of Vattenfall. The company held that the bond issue was almost three times oversubscribed. This is Vattenfall’s first hybrid bond issued […] Read more
