Egypt’s EFG Hermes to Inject €625 M into Ignis Energy’s RE Plans Updated On Wed, Oct 6th, 2021 by Saurenergy Vortex Energy, a global renewable energy platform managed by the private equity arm of Egypt’s EFG Hermes, has entered into a definite agreement with Ignis Energy Holdings, parent company of Spanish independent integrated renewable player Ignis Group. Vortex Energy will inject over €625 million through its newly launched Vortex Energy IV Fund and its co-investors […] Read more
Developers Take Innovative Approaches to Alternative Energy Production Updated On Wed, Oct 6th, 2021 by Saurenergy Demand for solar energy is on the rise around the world. In the U.S., the second quarter of 2021 has also seen impressive gains in implementation of solar. According to the Solar Energy Industries Association (SEIA), the U.S. installed 5.7 gigawatts (GWdc) of solar PV capacity in Q2 2021 to reach 108.7 GWdc of total […] Read more
I Squared Capital Sets Up New Renewable Energy Platform Updated On Tue, Oct 5th, 2021 by Saurenergy Global infrastructure fund manager I Squared Capital has established Cube Green Energy, a renewable energy platform dedicated to accelerating the energy transition to a zero-carbon economy in Continental Europe. The platform will develop, re-power, construct, and operate wind and solar farms, as well as invest in the deployment of associated emerging technologies such as battery […] Read more
Solar Cells With 30-year Lifetimes for Power-generating Windows Updated On Tue, Oct 5th, 2021 by Saurenergy A new transparency-friendly solar cell design could marry high efficiencies with 30-year estimated lifetimes, research led by the University of Michigan, U.S., has shown. It may pave the way for windows that also provide solar power. “Solar energy is about the cheapest form of energy that mankind has ever produced since the industrial revolution,” said […] Read more
Italy Offers 3.3 GW Wind & Solar in New RE Tender Updated On Tue, Oct 5th, 2021 by Saurenergy Italy’s state energy management agency Gestore dei Servizi Energetici (GSE) has launched the country’s seventh renewable energy tender that is expected to award 3,312MW of solar photovoltaic and wind capacity. The tender was opened last week and the latest contracting process includes unallocated capacity in previous six unsubscribed auctions, totalling 2,485 MW. Italy’s sixth tender ended up […] Read more
Statkraft Buys Wind Power Portfolio in Germany and France Updated On Tue, Oct 5th, 2021 by Saurenergy Statkraft, Europe’s major generator of renewable energy, has acquired the wind power portfolio of wind farm operator Breeze Three Energy in Germany and France to further strengthen its position in Europe. The parties have decided not to disclose the transaction value. Norway-based Statkraft adds 39 wind farms across Germany and four wind farms in France […] Read more
Vestas & Casa dos Ventos to Build 189 MW Wind Project in Brazil Updated On Tue, Oct 5th, 2021 by Saurenergy Danish wind turbine manufacturer Vestas has signed a new agreement with Casa dos Ventos for a 189 MW wind project in Rio Grande do Norte, Brazil. As the fifth contract between the companies, the order takes the cooperation to surpass the 1.7 GW mark and highlights Casa dos Ventos’ position as Vestas’ largest customer in […] Read more
Turbine Maker Senvion Bags 591 MW Order from JSW Energy Updated On Mon, Oct 4th, 2021 by Saurenergy Wind turbine maker Senvion has been awarded a 591 MW project by JSW Energy. Senvion turbines will be deployed in JSW Energy’s ongoing pipeline of ~ 2.5 GW of renewable projects which are under construction. Senvion India, owned by Saudi Infrastructure major Alfanar group, has been a key player in India’s wind equipment market. The […] Read more
AGEL Completes $3.5 Billion SB Energy Deal, Operational Portfolio at 5.4 GW now Updated On Mon, Oct 4th, 2021 by Saurenergy Adani Green Energy Ltd (AGEL) has announced the successfully closure of the deal for the acquisition of SB Energy Holdings Ltd (SB Energy India) in an all-cash deal for which definitive agreements were signed on 18 May 2021. With this deal, SB Energy India is now a 100% subsidiary of AGEL. Earlier, it was a […] Read more
