Ocean Winds Secures £2 Billion Finance For Moray West Wind Farm Updated On Sun, Apr 23rd, 2023 by Saurenergy Ocean Winds has announced that its Moray West Offshore Wind Farm that is part of its portfolio of UK, has secured £2 billion of non-recourse project finance and reached financial close. The key sponsorship has come from Ocean Winds and Ignitis Group, as minority shareholder. The company is a joint venture between EDP Renewables and […] Read more
51-MW Wind Energy Brought Online by JSW Energy in Tamil Nadu Updated On Sun, Apr 23rd, 2023 by Saurenergy India’s one of the leading renewable energy company JSW Energy has announced that it has commissioned a 51 megawatt (MW) wind power project at Tuticorin in the state of Tamil Nadu. It said in its regulatory filing that the wind project has been commissioned by one of its subsidiaries called JSW Renew Energy Two Limited. […] Read more
Oorjan Cleantech Sets Foot into Jharkhand Market Updated On Fri, Apr 21st, 2023 by Saurenergy Co-founded by IITians and bankers, tech-enabled solar solution provider, Oorjan Cleantech Private Limited, has announced expansion into Jharkhand. Gautam Das, Founder, and CEO quoted, “Oorjan has been expanding its business operations across India and Jharkhand is our 19th State/UTs where we will be spreading green energy solutions including financing and reliable products. We will continue […] Read more
PFC Approves Rs 633 Cr Loan for Deployment of 5000 EV Cabs, 1000 EV Cargo Vehicles Updated On Fri, Apr 21st, 2023 by Saurenergy CPSU under the Ministry of Power, Power Finance Corporation (PFC) has given a loan sanction worth Rs 633 crore to Gensol Engineering Ltd. This loan will facilitate the purchase of 5,000 passenger electric vehicles and 1,000 cargo EVs. Gensol Engineering delves into the commissioning of solar projects in India and abroad and is a maker […] Read more
EUR 30 Billion Contracts by TenneT for 60 GW North Sea Offshore Wind Plans Updated On Fri, Apr 21st, 2023 by Saurenergy The Netherlands based transmission system giant TenneT, Hitachi Energy/Petrofac and the three consortium partnerships GE/Sembcorp (SMOP), GE/McDermott and Siemens Energy/Dragados have signed contracts in Berlin, Germany, to seal Europe’s largest-ever tender award for energy transition infrastructure. The total volume of the contracts for the components of the 14 systems amounts to around €30 billion. The […] Read more
Wartsila Wins Contract For Delivering Australia’s Largest Energy Storage Project Updated On Thu, Apr 20th, 2023 by Saurenergy Origin Energy has selected technology group Wartsila as their preferred contractor to deliver energy storage solutions for Australia’s largest energy storage projects in the first phase. The project in its first phase has plans to have 460 Megawatt (MW) and 920 MW of energy storage systems. These Eraring batteries will be stationed at Origin’s Power […] Read more
EBRD Loans $200 Million to Turkish Renewable Energy Developer Updated On Thu, Apr 20th, 2023 by Saurenergy The European Bank for Reconstruction and Development (EBRD) is providing a loan of $200 million to Turkey’s Borusan EnBW Enerji Yatirimlari ve Uretim to help the firm strengthen its financial position and invest in renewable energy sector with gender inclusion. The funds are being provided by EBRD under a syndicated structure with the Netherlands Entrepreneurial […] Read more
NTPC Floats Tender For 9,000 MWH Of ISTS-Connected Energy Storage Systems Updated On Thu, Apr 20th, 2023 by Saurenergy The National Thermal Power Corporation Renewable Energy Limited (NTPC REL) has now invited online bids from developers for a 9,000 Megawatt-Hour (MWH) of Inter-State Transmission System (ISTS)-connected energy storage solution. The tender said the plant(s) could be based anywhere in India. The minimum capacity of the same should be 1,500 MW, the tender said. NTPC […] Read more
Lithuanian firm AEI Raises EUR 92 Million For Renewable Energy Investments Updated On Thu, Apr 20th, 2023 by Saurenergy Lithuania based investment company Atsinaujinančios Energetikos Investicijos (AEI) has announced that it has raised EUR 92 million in past two years and the investments will be made in the renewable energy sector. AEI is managed by Lords LB Asset Management. The company has made investments in the development of solar power plants in Poland and […] Read more
