These Fashion Behemoths are Investing in 500 MW Wind Project of Bangladesh Updated On Thu, Dec 7th, 2023 by Saurenergy Global fashion brands BESTSELLER and H&M Group are investing in Copenhagen Infrastructure Partners’ (CIP) first offshore wind project in Bangladesh. It is an offshore wind project for a capacity of 500 MW. Currently, it is in the phase of early-stage development by CIP in partnership with Summit Power, a firm that develops, owns and operates […] Read more
NTPC Looks for Power Generators for Supply of 1500 MW Solar-Wind Projects Updated On Thu, Dec 7th, 2023 by Saurenergy NTPC Ltd. has issued a tender and invited online bids from eligible bidders on Single Stage Two Envelope (that is, envelope-I: technical bid and envelope-II: financial bid) with reverse auction for the selection of hybrid power generators for the supply of 1500 MW power from ISTS connected -solar-wind hybrid power projects anywhere in India (NTPC-Tranche-IV) […] Read more
Global Solar Capacity Can Touch 75,000 GW by 2050 With Energy Storage: ISA Updated On Wed, Dec 6th, 2023 by Saurenergy A latest report from the International Solar Alliance (ISA) and Long-Distance Energy Storage (LDES) Council projects a target of 75,000 gigawatts (GW) of solar capacity by 2050. Their target is to provide long-term energy storage to fully realize the potential of these solar installations for complete decarbonization. LDES is estimated to become a $4 trillion […] Read more
For India’s Renewable Energy Projects: A Creditworthiness Assessment Framework Updated On Tue, Dec 5th, 2023 by Saurenergy India has set itself an ambitious target of meeting 50% of its energy requirement from renewable sources by 2030. To help power India’s sustainable energy vision, Renewable Energy (RE) projects must be sustainable by themselves which can only be attained through robust credit worthiness assessments in the RE sector. A reliable framework is essential to […] Read more
Energy Efficiency In G20 Countries Increased By Four Percent: IEA Report Updated On Tue, Dec 5th, 2023 by Saurenergy A latest report of the International Energy Agency (IEA) on energy efficiency emphasized that a doubling of efficiency progress has the potential to reduce energy bills by one-third. It said that it has the potential to reduce carbon dioxide (CO2) emissions by 50% in 2030. The report underscores the pivotal role the G20 countries can […] Read more
Sungrow To Supply South Africa’s First Hybrid Wind-Solar-Battery Project Updated On Tue, Dec 5th, 2023 by Saurenergy Global solar inverter player Sungrow signed a supply agreement with French renewable energy group EDF Renewables, to provide 264MWh liquid-cooled energy storage systems and MV transformers, for the Umoyilanga project – South Africa’s first wind-solar-storage integrated hybrid virtual power plant (VPP). EDF Renewables, and privately held investment company Perpetua Holdings (Pty) Ltd, won the Umoyilanga […] Read more
UAE’s Clean Energy Powerhouse Masdar Expands European Footprint With 1GW Portfolio Updated On Tue, Dec 5th, 2023 by Saurenergy Masdar, the UAE’s clean energy powerhouse announced the acquisition of eight hybrid renewable energy projects, along with Taaleri Energia, a Finland-based renewable energy developer and fund manager, marking a significant expansion to both companies’ Polish renewable energy portfolios. The announcement was made on December 4, and follows a series of announcements by the government owned […] Read more
COP28: Net-Zero Energy Mosque & Other Commitments from UAE Updated On Mon, Dec 4th, 2023 by Saurenergy The much-awaited COP28 being held in Dubai is seeing some big announcements come up from the UAE in partnership with other countries. Here are some noteworthy partnerships and announcements that were made by the region in the climate summit- Masdar & Indonesia Abu Dhabi Future Energy Company PJSC – Masdar, a renewable energy firm, has […] Read more
Sierra Leone Set to Welcome its First Wind Farm in Sherbro Island Updated On Fri, Dec 1st, 2023 by Saurenergy Sierra Leone is set to welcome its first wind farm at Sherbro Island. Towards this, the generation unit of Octopus Energy has joined hands with Idris Elba and Sherbro Alliance Partners (SAP) to realise this goal. Sherbro Alliance Partners is an infrastructure development firm. The significant announcement was made at COP28. The agreement will pave […] Read more
