ACWA Power Gets $123 Million Loan For 200MW Egyptian Solar Project Updated On Tue, Apr 25th, 2023 by Saurenergy Saudi Arabia’s renewables developer ACWA Power has secured a financial package of $123 million to develop 200MW Kom Ombo utility-scale solar power plant in Egypt. Financing institutions for the solar project of ACWA Power include EBRD, OPEC Fund OPEC Fund, African Development Bank (AfDB), Sustainable Energy Fund for Africa (SEFA), GCF, APICORP and Arab Bank. […] Read more
EBRD Lends €29 Million For Albania’s 140MW Solar Project Updated On Tue, Apr 25th, 2023 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has said that its lending €29 million to an Albanian special-purpose vehicle, owned by France’s Voltalia, to develop the 140 MW Karavasta solar plant. This solar power plant will come up in the Fier area of south-western Albania. The EBRD is anchoring the €99 million financing structure […] Read more
This Tribal Hamlet In Kerala Gets Electricity After 74 Years from Micro-Hybrids Updated On Mon, Apr 24th, 2023 by Saurenergy For 75 years, a hamlet in Attapaddi, Kerala was shrouded in the dark, deprived of the basic human need- electricity. Forest fires, wild animal attacks and remoteness were some of the factors that prevented the establishment of renewable energy projects here. The tribal population, which dominates the hamlet, had been extremely possessive of its culture […] Read more
Siemens Gamesa To Supply Turbines For 1.5 GW Baltic 2 Sea Project Updated On Fri, Apr 21st, 2023 by Saurenergy Global renewable energy conglomerates Ørsted and PGE Baltica have selected wind turbine major Siemens Gamesa for turbine supply for the Baltica 2 offshore wind project in the Baltic Sea. It will be supplying for one of the two stages of the wind energy project that will help Poland’s offshore wind industry to make giant leaps […] Read more
BPCL Targets 240 MW Renewables Expansion This Fiscal Updated On Thu, Apr 20th, 2023 by Saurenergy Public sector fuel marketing major Bharat Petroleum Corporation (BPCL) is mulling for the development of 240-MW of renewable power capacity this fiscal year of 2023-24. A senior official of BPCL held that the renewable expansion of the firm will be achieved at the cost of Rs 1600 crore. BPCL was in line for divestment by […] Read more
Avangrid Joins Forces with Navajo Tribal Utility Authority for 1 GW of Clean Energy Projects Updated On Wed, Apr 19th, 2023 by Saurenergy American clean energy firm Avangrid and the Navajo Tribal Utility Authority (NTUA) have entered into an agreement for the development of up to 1 GW of clean energy in the US. The projects in green energy are to be set up in the Navajo Nation in New Mexico and Arizona. NTUA claims to be the […] Read more
Ryse Energy Raises $15 Million in Growth Capital Round Updated On Tue, Apr 11th, 2023 by Saurenergy Global decentralized renewable energy systems provider Ryse Energy, has said that it has raised a $15 million growth funding round. The firm claims to have sold or installed more than 4,000 units of decentralized renewables worldwide. Ryse Energy said that the funding round was led by RWE Energy Transition Investments, an investment vehicle of RWE […] Read more
Grenergy, Amazon Ink PPA For 469 MWp Solar Energy in Spain Updated On Mon, Apr 3rd, 2023 by Saurenergy Giving a push to decarbonize its entire business, global ecommerce and cloud giant Amazon has stated that it has signed a new power purchase agreement in Spain for the purchase of renewable energy. The long term PPA has been linked with renewables energy developer Grenergy Renovables SL for 469 MWp of solar energy in Spain. […] Read more
Iberdrola to Supply Over 1 TWh Renewable Power to Amazon Updated On Wed, Mar 29th, 2023 by Saurenergy In a key development that will step-up the decarbonisation of global e-commerce and cloud company Amazon, Spanish energy firm Iberdrola has inked its largest ever power purchasing agreement (PPA) under which it will develop large-scale renewable energy projects along with Amazon. The PPA is signed for the Iberdrola renewable energy projects – new wind and […] Read more
