Repsol Buys RE Investment Platform Asterion Energies to Add 7.7 GW to Portfolio Updated On Tue, Dec 20th, 2022 by Saurenergy Spanish multinational energy and petrochemical company – Repsol – has announced the signing of the acquisition of Asterion Energies from European infrastructure fund Asterion Industrial for EUR 560 million plus up to EUR 20 million in contingent payments. Repsol said it looks to become a global player in renewable energy and strengthen its position in […] Read more
Shell And Eneco’s Joint Venture Firm Acquires Dutch Offshore Wind Tender for 756 MW Updated On Mon, Dec 19th, 2022 by Saurenergy The 700 MW Hollandse Kust West 6 site in the Dutch North Sea, one of two locations designated in the 1400 MW HKW offshore wind farm zone, has been given to Ecowende, a joint venture firm between Shell and Eneco. The developer’s plan featured a “nature-inclusive” section with wind turbines that are spaced far enough […] Read more
Delhi’s Greenzo Energy Invests $50 Mn in Green Hydrogen in Gujarat Updated On Mon, Dec 19th, 2022 by Saurenergy Delhi’s Greenzo Energy India plans to invest USD 50 million in the construction of a 250 MW electrolyser manufacturing plant and the Balance of Plant (BoP) for producing green hydrogen at Sanand-II Industrial Estate, a division of Gujarat Industrial Development Corporation (GIDC), in Gujarat. According to corporate insiders, the manufacturing facility will, nevertheless, likely be […] Read more
Overseas Green Bonds Help Indian RE Developers Raise Over USD 15 Billion Updated On Mon, Dec 19th, 2022 by Saurenergy Over the past five years, Indian renewable energy (RE) companies have relied on global bond markets to raise green bonds at attractive rates and open up domestic funding lines for new projects. Since 2014, Indian renewable energy developers have raised USD 15.5 billion in green bonds from international markets. The global rise in interest rates […] Read more
Renewable Energy Major ReNew Power to Supply 150 MW Green Energy to Microsoft Updated On Mon, Dec 19th, 2022 by Saurenergy Gurugram-based ReNew Power, that claims to be India’s leading renewable energy company, has signed a renewable energy agreement for 150 MW with Microsoft India. The official statement of ReNew Power mentions that it is one of the largest such deals in India. According to the agreement, ReNew will produce 150 MW of clean energy from […] Read more
UK Signs MoU with EU, North Sea Countries for Offshore Wind Updated On Mon, Dec 19th, 2022 by Saurenergy Graham Stuart, Minister for Energy and Climate, the United Kingdom, has signed a landmark agreement on renewable energy cooperation with European Union (EU) and North Seas countries. The official statement of the UK government has held that the Memorandum of Understanding (MoU) with the North Seas Energy Cooperation (NSEC) forum fulfils commitments in the UK-EU […] Read more
At Purshotam Profiles, Client Success Trumps Margins Where Required. Updated On Sun, Dec 18th, 2022 by Saurenergy Rupali Paul, Solar Head at Purshotam Profiles, talks to SaurEnergy about the secret behind the firm’s success in the solar business. With a presence across the value chain for solar power, Purshotam profiles has been involved with some of the most high profile projects in recent times, especially when it comes to floating solar. Read more
Egypt’s New Energy Plans to Increase Renewable Energy Capacity by 55 GW Updated On Fri, Dec 16th, 2022 by Saurenergy Egypt will soon become a significant global energy hub, according to the country’s senior authority in the field. The nation inked numerous projects in November that would increase its current solar and wind power generation by over 55 GW. Mohammed Al-Khayyat, the Chairman of the New and Renewable Energy Authority, reported that during the COP27 […] Read more
New Zealand’s Infra Investor Infratil Creates Australia-Focused Renewables Platform Updated On Fri, Dec 16th, 2022 by Saurenergy New Zealand-based infrastructure investor Infratil Limited has established a new renewable energy platform with exclusive focus on Australia – Mint Renewables Limited. Infratil announced that it is investing in Mint Renewables alongside the Commonwealth Superannuation Corporation (CSC). The investment will be managed on behalf of Infratil and CSC by Morrison & Co. Infratil informed that […] Read more