With Twin Deals, Cubico Acquires 1600-MW Renewables’ Pipeline in Mexican Market Updated On Thu, Feb 1st, 2024 by Saurenergy Cubico Sustainable Investments has announced the completion of two transactions which it says significantly enhance the company’s renewable energy footprint and development portfolio in Mexico. Through the acquisition of Renantis Mexico and a strategic agreement with Sowitec Group, the development pipeline of Cubico in Mexico has now exceeded 1.6 GW. The company says that the […] Read more
Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion: BloombergNEF Updated On Thu, Feb 1st, 2024 by Saurenergy The latest report on Energy Transition published by energy think tank BloombergNEF said that the global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion. The report titled, ‘Energy Transition Investment Trends 2024 ‘, said that this number is a new record level of annual investment and demonstrates the resilience of […] Read more
UREDA Invites Bids for 250 MW Solar Power Projects in Uttarakhand Updated On Thu, Feb 1st, 2024 by Saurenergy In its latest tender, the Uttarakhand Renewable Energy Development Agency (UREDA) has sought bids to empanel developers for the establishment of 250 MW grid-connected solar power projects under the “Mukhyamantri Saur Swarojgar Yojana in the state. The Expression of Interest (EOI) for empanelment of the firms is regarding design, manufacture, supply, erection, testing, commissioning, and […] Read more
ADB Issues its Largest Local Currency Green Bond in Indian Rupees Updated On Wed, Jan 31st, 2024 by Saurenergy The Asian Development Bank (ADB) has raised 12.5 billion Indian rupees (about $150 million) through its largest local currency green bond issue to date. The issue is structured as a 4-year currency-linked bond, with a bullet repayment at maturity and carrying a fixed interest rate of 6.72% per year, ADB said in a media release […] Read more
TagEnergy, Vestas Join Forces To Develop 220-MW Spanish Wind Portfolio Updated On Wed, Jan 31st, 2024 by Saurenergy Global clean energy enterprise TagEnergy and wind energy major Vestas have come together to develop 220-MW wind portfolio in Spain. The joint venture will see Vestas acting as lead developer and TagEnergy will draw on its experience developing wind farms to determine and shape the most cost-efficient model. The new wind energy project will come […] Read more
Amazon Signs Pact With ENGIE To Procure 473MW RE From Wind Farm Updated On Tue, Jan 30th, 2024 by Saurenergy Amazon signed a corporate power purchase agreement (CPPA) with ENGIE, increasing its output share from Ocean Winds’ Moray West offshore wind farm. The agreement would bring Scotland’s total renewable energy capacity operational this year to 473MW when the site becomes operational later this year. ENGIE stated, “This is enough energy to power more than 650,000 […] Read more
SJVN Green, Coal India, SAEL Win 600 MW GUVNL Solar Project Updated On Tue, Jan 30th, 2024 by Saurenergy SJVN Green, Coal India, and SAEL Industries have been awarded the 600 MW solar power project which will be set up at Gujarat Industries Power Company in Khavda. These companies were declared winners by Gujarat Urja Vikas Nigam Ltd (GUVNL) in the auction related to the project. Further, the project will also have a greenshoe […] Read more
Hero Future Energies Inks Pact With PIXON Green For Solar Module Supply Updated On Thu, Jan 25th, 2024 by Saurenergy Hero Future Energies has announced the signing of an agreement with PIXON Green Energy, a domestic module manufacturer, for the supply of solar PV modules. Under the agreement, PIXON Green Energy will provide Hero Future Energies with high-efficiency modules for up to 500 MW annually on a prioritized basis for two years from their automated […] Read more
Global Maritime To Lead Maintenance At Offshore Wind Farm In Scotland Updated On Thu, Jan 25th, 2024 by Saurenergy Global Maritime, an offshore operations company, will manage the maintenance-related heavy operations at the Hywind floating offshore wind farm. The company has been awarded a contract pertaining to project management, engineering works, and other site-related operations. Masdar, a renewable energy company, and Equinor, an international energy company were involved in developing the Hywind offshore wind […] Read more