KKR buying RE firm ContourGlobal for £1.75 billion Updated On Thu, May 19th, 2022 by Saurenergy Leading investment firm Kohlberg Kravis Roberts & Co (KKR) has announced that it is buying ContourGlobal, a renewable energy company. The deal is for £1.75 billion. According to KKR, the company is offering shareholders of ContourGlobal 263.6p for every share. This offer price represents a 36 per cent premium to the last closing price of […] Read more
CERC Allows Petition Of Karur Transmission Ltd Updated On Thu, May 19th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) allowed on May 17 the petition of Karur Transmission Ltd that the transmission charges for the project should be adopted because it was selected through a competitive bidding process. Karur Transmission Ltd had moved the CERC to examine whether the process as per provisions of the guidelines has been […] Read more
Mobile Fuel Delivery Startup Repos Energy Gets Funding From Ratan Tata Updated On Wed, May 18th, 2022 by Saurenergy National startup award winner Repos Energy has raised a pre-series round of funding from Ratan Tata. A report quoted Ratan Tata as saying, “Repos is a well-conceived project with good execution. I wish them all the success.” A few months ago, Repos Energy had forged a tie up with Mahindra’s Truck and Bus Division (MTB) […] Read more
UK Carbon Capture Firm Storegga Raises £51.3m Funding Updated On Wed, May 18th, 2022 by Saurenergy UK cleantech and renewable energy firms continue to get foreign capital every day. UK carbon capture firm Storegga has announced a £51.3m funding boost on May 17 from a host of international backers, a report mentioned adding further that UK firms enjoyed the confidence of international investors counting on it to drive the transition to […] Read more
Germany’s Third Rooftop PV Tender Earns Price Of Rs 6.96/kWh Updated On Wed, May 18th, 2022 by Saurenergy Germany’s solar procurement exercise has come to its end with the final prices hitting €0.07/Rs 5.71 ($0.073)/kWh to €0.0891/kWh. Results of third tender for rooftop PV projects ranging in size from 300 kW to 750 kW are out. Reviewing 171 bids with a total capacity of 212 MW, Germany’s Federal Network Agency (Bundesnetzagentur) selected 163 […] Read more
ACEN, Puri Usaha Group partner to develop RE in Indonesia Updated On Wed, May 18th, 2022 by Saurenergy Ayala Group’s listed energy platform, ACEN and the Puri Usaha Group have announced that they will work together on a platform for the joint development of renewable energy projects in Indonesia focusing on large-scale solar power plants, battery energy storage systems and green hydrogen projects. ACEN says that the plan is subject to applicable regulatory […] Read more
European Energy, Vestas to install largest wind turbines offshore Denmark Updated On Tue, May 17th, 2022 by Saurenergy European Energy has announced its joining forces with Vestas to make Frederikshavn – a city in Denmark – a global focal point for test and demonstration of new offshore wind technology. The joint venture aims at developing and constructing three of Vestas’ newest V236-15.0 MW offshore wind turbines at three of the five test positions […] Read more
Wind Expansion Globally Will Need Much Higher Production of Rare Earths: IRENA Report Updated On Tue, May 17th, 2022 by Saurenergy International Renewable Energy Agency (IRENA) has come up with a report named ‘Critical Mineral for Energy Transition: Rare Earth Elements,’ which says that the rising global demand in the renewable sector especially the wind energy sector to mitigate climate change challenges will need better supplies of rare earth minerals or critical minerals. The report holds […] Read more
Tanzania to add 6 GW renewable energy Updated On Tue, May 17th, 2022 by Saurenergy Samia Suluhu Hassan, the new president of Tanzania, is wooing investors to invest in the green and clean energy projects in a bid to energy security for her country and also mitigate the onslaughts of climate change. She has announced that Tanzania will be adding 6GW of renewable energy. Most of the fresh energy will […] Read more
