Sri Lanka Inks 20-Year Wind Power Deal With Adani Green Energy Updated On Tue, May 7th, 2024 by Saurenergy Sri Lanka has signed a deal with Adani Green Energy Limited (AGEL) for a power purchase agreement for 20 years, the country’s cabinet statement read. The company will be paid 8.26 cents per kilowatt-hours (kWh) as per the agreement for the wind energy projects it has developed, the cabinet statement said. The Sri Lankan Cabinet […] Read more
US Department of Energy Allocates $48 Million For Offshore Wind Projects Updated On Fri, Apr 26th, 2024 by Saurenergy The U.S. Department of Energy’s Wind Energy Technologies Office (WETO) announced it intends to issue a Funding Opportunity Announcement (FOA) entitled “Offshore Wind National and Regional Research and Development.” This opportunity will fund $48 million of projects that address several major areas of need for offshore wind, including accelerating research and development of offshore wind […] Read more
Statkraft To Provide Wind, Hydro Energy To German Railway Company Updated On Fri, Apr 19th, 2024 by Saurenergy Statkraft will supply green electricity from hydropower directly to Deutsche Bahn from its two run-of-river power plants in Langwedel and Landesbergen in Lower Saxony, Germany from 2027 to the end of 2034. Over the 8-year contract term, the Norwegian energy company will supply a total of just over 350,000 MWh of green electricity as a […] Read more
Avaada Energy Wins 250 MW Solar-Wind Hybrid Project From NTPC Updated On Thu, Apr 18th, 2024 by Saurenergy Indian renewable energy company Avaada Energy recently announced winning a 250 MW solar-wind hybrid power project in a tender issued by the National Thermal Power Corporation (NTPC). Earlier, NTPC had issued a tender for the selection of hybrid power generators to supply 1000 MW of power through ISTS-connected wind-solar hybrid projects. Avaada Energy secured a 50 […] Read more
Dalmia Cement To Pick 18% Stake In Wind Power Firm O2 Renewable Energy Subsidiary Updated On Mon, Apr 8th, 2024 by Saurenergy Indian cement manufacturer Dalmia Cement (Bharat) Limited (‘DCBL’) has announced it has entered into a Share Purchase Agreement (“SPA”), Deed of Accession (‘DOA’), and Power Purchase Agreement (‘PPA’) on April 5 to acquire 18.13% of the equity share capital of O2 Renewable Energy V Private Limited, consisting of 68,99,293 equity shares aggregating to Rs.7.80 crore […] Read more
Offshore Wind Developer Simply Blue Group Ventures Into Onshore Clean Energy Updated On Mon, Apr 1st, 2024 by Saurenergy Offshore wind project developer Simply Blue Group is developing onshore renewable energy parks to power facilities capable of producing sustainable aviation fuel (SAF). The projects, in Canada, Ireland and Australia will process more than 1.5 million tonnes of sustainable biomass annually to produce over 300,000 tonnes of SAF each year. The company currently has a […] Read more
Stonepeak & Shizen Energy To Form Asian Onshore Wind Platform Updated On Wed, Mar 27th, 2024 by Saurenergy Alternative investment firm Stonepeak has completed an investment in TerraWind Renewables, an onshore wind energy platform, in partnership with Shizen Energy Inc, a Japanese renewable energy company. As part of the transaction, Stonepeak has acquired an 80% interest in TerraWind, with Shizen Energy retaining the remaining 20% interest in the business. TerraWind will focus on […] Read more
JSW Renewable Energy Acquires 45 MW Maha Wind Farm From Reliance Power Updated On Wed, Mar 27th, 2024 by Saurenergy JSW Renewable Energy, a subsidiary of JSW Neo Energy has acquired a 45 MW Vashpet wind project from Reliance Power in Maharashtra’s Sangli. The company announced the acquisition from Reliance Power and further said that the transaction has been executed as a going concern on a slump sale basis. JSW Energy aims to achieve 20 […] Read more
BluPine Energy Gets Rs 12.6 Billion Loan For Gujarat Wind Project Updated On Thu, Mar 14th, 2024 by Saurenergy Gurugram-based BluPine Energy has received funding worth Rs 12.6 billion for its 198 MW wind project situated in Gujarat. According to a company statement, the firm won the bid for the project from Gujarat Urja Vikas Nigam’s (GUVNL) auction to purchase power from 500 MW of grid-connected wind power projects. Further, BluPine Energy also stated […] Read more
