Partners Group To Acquire RE Platform Sunsure Energy For $400 Million Updated On Thu, Dec 8th, 2022 by Saurenergy Global private markets firm Partners Group has agreed to acquire a majority stake in Sunsure Energy, a renewable energy and decarbonization solutions platform in India, on behalf of its clients. The official statement of Partners Group held that the company will invest up to $400 million in the Sunsure Energy. Sunsure was founded in 2015 […] Read more
MSEDCL Offers 12 yr PPA In RFS for 300 MW Wind Project Updated On Wed, Dec 7th, 2022 by Saurenergy After a push from Hybrid projects, wind energy continues to get a fillip from state level demand too. The Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) has invited RFS (request for selection) for procurement of 300 MW of wind power on a long-term basis through a competitive bidding process from inter-state wind power projects. The […] Read more
Nexus Energy Partners with Green-e to Offer Certified Renewable Energy Option Updated On Wed, Dec 7th, 2022 by Saurenergy North America based power marketing firm Nexus Energy has announced that it is enhancing its sustainability-focused product offerings to include the Nexus Renewable Energy Certificate (REC) program, certified by the non-profit Center for Resource Solutions’ Green-e Energy program which is a global leader in clean energy certification. Alvin Tang, CEO, Nexus Energy, said, “Nexus Energy […] Read more
RE Leader Suzlon Energy Sells Solar Subsidiary Vayudoot Solarfarms Updated On Tue, Dec 6th, 2022 by Saurenergy Suzlon Energy, a manufacturer of wind turbines, approved the sale of its remaining 51.05% ownership interest in the subsidiary Vayudoot Solarfarms to Ahmedabad-based Aries Renewables, the firm reported in a National Stock Exchange filing. For a price of Rs 14.23 crore, Suzlon sold the remaining stake. The company’s net worth was Rs. 24.2 crore, and […] Read more
SECI Payout of Rs 804 Cr to Solar & Wind Developers for Oct Sees 10% Slide Since Sep Updated On Tue, Dec 6th, 2022 by Saurenergy Payments totaling Rs 804 crore were made to solar and wind power producers by the Solar Energy Corporation of India (SECI) for the power it purchased in October 2022. The amount is almost 10% less than what was paid out in September. Against its power purchases, the agency had released Rs 893 crore. Nearly 88% […] Read more
Shell & Hexicon JV Names Vestas for Large Scale Floating Wind Project Updated On Fri, Dec 2nd, 2022 by Saurenergy A joint venture between Shell and Hexicon AB called MunmuBaram has chosen Vestas as its turbine supplier for a project. The said project is a floating offshore wind project in South Korea and boasts of 1.3 GW. Hexicon AB develops floating offshore wind farms and designs dual turbine floating wind power platforms while Shell is […] Read more
Tata Power Renewable Energy Bags 255 MW of Hybrid Projects For Delhi Updated On Fri, Dec 2nd, 2022 by Saurenergy It’s all within the group as Group Firm Tata Power Renewable Energy (TPREL) bagged the 255 MW Wind-Solar Hybrid auction from Tata Power Delhi Distribution Limited (TPDDL). The supplies are meant for the Delhi market, where TPDDL is one of the 3 discoms operating, besides the two BSES discoms. The winning bid of Rs 3 […] Read more
AMEA Power Closes Financing of 1 GW Solar, Wind Project for US$1.1 Bn in Egypt Updated On Thu, Dec 1st, 2022 by Saurenergy AMEA Power, a Dubai-based developer, owner and operator of renewable generation assets, has closed the financing of 1 GW of renewable energy projects. The projects, which are to come up in Egypt, entail a 500 MW solar PV plant and a 500 MW wind farm. The US$1.1 billion investment for the project has been provided […] Read more
MNRE Extends Last Date for Draft Policy For 4-GW Offshore Wind Power in Tamil Nadu Updated On Tue, Nov 29th, 2022 by Saurenergy The Central Government has extended the last date for suggestions from the public for the development of offshore wind energy in Tamil Nadu to December 9, 2022 now. The information has been provided by the Ministry of New and Renewable Energy. The MNRE Ministry had released draft tender document for offshore wind on 14th November […] Read more
