ReNew Repays Over $1 Billion to Offshore Bondholders in FY 2023 Updated On Wed, Mar 29th, 2023 by Saurenergy Gurugram-based clean energy firm ReNew Energy Global Plc has revealed that it has repaid more than $1 billion to its offshore bondholders in FY 2023. The repaid amount entails the most recent amortisation of $180 million in March 2023. “In today’s fast-paced global business environment, firms must be very strategic in financing for the growth […] Read more
Lithuania’s Solitek to Set Up 600 MW Module Assembly Facility in Italy Updated On Tue, Mar 28th, 2023 by Saurenergy Lithuania-based solar PV maker Solitek has announced that the firm will be now expanding its operations in South of Europe with Italy. In a key decision, Solitek will be building a new solar module assembly plant in Benevento. According to reports, Solitek will have a capacity of 600 MW annually. The firm will manage funds […] Read more
Ecoppia Expands Global Presence with Four New Projects in Spain and Chile Updated On Tue, Mar 28th, 2023 by Saurenergy Israeli firm that offers robotic solar panel cleaning solutions, Ecoppia, has announced an agreement to deploy its robotic solutions in four projects developed by Matrix Renewables, the TPG Rise-backed global renewable energy platform. The projects will be established in Spain and Chile. This collaboration will mark Ecoppia’s first project in the Spanish region. Ecoppia will […] Read more
Irish Firm Aer Soléir to Develop 130 MW Hybrid Project in Spain Updated On Tue, Mar 28th, 2023 by Saurenergy Ireland-based Aer Soléir and Spanish developer Tartessos Power Development have announced the signing of a development services agreement covering the co-development of a hybrid project of more than 130 MW in the Andalucía region of Spain. Aer Soléir is focused on multi-technology renewable energy development, construction and operation with a particular emphasis on utility-scale onshore […] Read more
Agrivoltaics Progress As Solution for Food Security & Climate Change Updated On Tue, Mar 28th, 2023 by Saurenergy The substantial increase in the human population and the anthropogenic burden on the environment have led to two significant challenges for the world’s future development: climate change, with a focus on green and renewable energy to combat the global energy crisis, and rising hunger and malnutrition. While the former is often in the limelight on […] Read more
Wärtsilä, Eolian Complete 200 MW Standalone ESS in Texas Updated On Tue, Mar 28th, 2023 by Saurenergy Finnish engineering company firm has announced that it has reached commercial operation date (COD) for two major interconnected energy storage systems in South Texas totaling 200 MW and owned by Eolian, a portfolio company of Global Infrastructure Partners. The two ESS projects are called Madero and Ignacio plants that will be operated using Eolian software, […] Read more
LONGi Steps Up Efforts to Bolster Renewables Biz in Singapore, Indonesia Updated On Mon, Mar 27th, 2023 by Saurenergy Global solar module manufacturer LONGi has said that it will be key to facilitate renewable energy cooperation between the South East Asian countries of Singapore and Indonesia. An MoU on renewable energy cooperation has been signed by Luhut Binsar Pandjaitan, Indonesia’s Coordinating Minister for Maritime Affairs and Investment, and Teo Chee Hean, Singapore’s Senior Minister […] Read more
ARENQ & RDL Technologies Forge Partnership for Battery Monitoring Updated On Mon, Mar 27th, 2023 by Saurenergy Manufacturer and distributor of storage batteries, ARENQ, has forged a five-year partnership with RDL Technologies for battery monitoring with IoT (Internet of Things) devices. RDL Technologies is a manufacturer of IoT products and software solutions. The firm will look after the development of IoT devices that will upload data from the Battery Management System (BMS) […] Read more
Tokyo Electric Power Company Holdings to Develop 1.9 GW Offshore Wind in Scotland Updated On Mon, Mar 27th, 2023 by Saurenergy Just when many conventional energy and power firms of the world go honking for renewables, Tokyo Electric Power Company Holdings (TEPCO) has announced that it will be developing up to 1.9 GW of floating offshore wind energy in Scotland. TEPCO has secured rights to develop two separate floating offshore wind farms and it intends to […] Read more