PFC Inks Loan Agreement Pact with Japan Bank for Project Loan of INR 165 Cr Updated On Thu, Mar 23rd, 2023 by Saurenergy Maharatna firm Power Finance Corporation (PFC) and non-banking financial company has entered into an agreement with Japan Bank for International Cooperation (JBIC). The pact is for a project loan worth JPY 2.65 billion, which is close to Rs 165 crore. With the agreement, JBIC is looking to finance PFC’s projects that will curb greenhouse gas […] Read more
GreenIT, CIP to Build 2 GW Floating Offshore Wind Farms in Italy Updated On Thu, Mar 23rd, 2023 by Saurenergy Italian renewable energy developer GreenIT has signed an agreement with Copenhagen Infrastructure Partners (CIP) to develop three floating offshore wind projects in Latium and Sardinia, Italy. GreenIT is a joint venture between Plenitude (Eni) and CDP Equity (CDP Group). CIP said that the plants will be located on average roughly 30 km off from the […] Read more
Network Planning Group under PM Gati Shakti Gives Nod to Infra Project on Renewable Energy Updated On Thu, Mar 23rd, 2023 by Saurenergy At its 45th session, the Network Planning Group (NPG) under PM Gati Shakti reviewed an infrastructure project on renewable energy. The project is for the ISTS (Inter-State Transmission System) for renewable energy project in Ladakh, which is said to be an important one. In 2020, Prime Minister Narendra Modi had revealed about the establishment of […] Read more
Speciality Glass Maker Schott In 5.5 MW Energy Deal With CleanMax Updated On Wed, Mar 22nd, 2023 by Saurenergy The international technology group SCHOTT has entered into an agreement with CleanMax Enviro Energy Solutions, the leading C&I renewable energy company for purchasing green energy from a 5.5 MW renewable energy (Wind – Solar hybrid) project in Babra, Gujarat, India. The green energy will be utilized to run SCHOTT’s operations at its glass tubing factory […] Read more
“Ultimately, Green Hydrogen Will Drive The Biggest Changes In Energy”, John Grimes, SEC Australia Updated On Wed, Mar 22nd, 2023 by Saurenergy John Grimes leads the Smart Energy Council – Australia as its CEO. The council is an independent body that gives an impetus to the renewables sector in Australia by offering energy solutions. In March this year, John led an over 34 member delegation representing over 29 Australian smart energy firms to India. This visit saw […] Read more
Wind Energy Generation to Surge 4-5 Times on Policy Tailwinds: CRISIL Report Updated On Wed, Mar 22nd, 2023 by Saurenergy According to a report by CRISIL, the Ministry of New and Renewable Energy has introduced positive policy changes that could lead to a 6–8 GW annual increase in wind capacity starting in fiscal 2026. This would be four times the growth of 1.6 GW seen in the past five fiscal years, which was driven by […] Read more
Hidroelectrica & Masdar Form JV for Green Projects in Romania Updated On Wed, Mar 22nd, 2023 by Saurenergy Romanian energy firm Hidroelectrica and UAE renewable energy firm Masdar have signed a joint venture agreement to build wind farms offshore and floating solar parks in Romania. Speaking on the occasion, Bogdan Badea, the President of Hidroelectrica, said, “The initialing by Hidroelectrica and Masdar is one of the most important joint venture agreements intended for […] Read more
Italian Energy Firm Edison Mulls EUR 5 Billion Investment in Renewables Updated On Wed, Mar 22nd, 2023 by Saurenergy The renewable energy firm of Italy – Edison – has announced that it will be investing EUR 5 billion in the renewable energy sector. The objective of Edison is to raise its installed renewable capacity by the end of this decade to 6 GW. Edison is owned by French renewable major EDF and it has […] Read more
Havfram Wind to Install Turbines at Hornsea 3 Offshore Wind Project for Ørsted Updated On Wed, Mar 22nd, 2023 by Saurenergy Offshore wind construction firm Havfram Wind has said that it has appointed by global renewable giant Ørsted to install turbines at its Hornsea 3 offshore windfarm, starting autumn 2026. The wind energy project is world largest of such kind. Havfram Wind said that it will be utilizing one of its newly built NG20000X Jack-Up Wind […] Read more
