Repsol Buys RE Investment Platform Asterion Energies to Add 7.7 GW to Portfolio Updated On Tue, Dec 20th, 2022 by Saurenergy Spanish multinational energy and petrochemical company – Repsol – has announced the signing of the acquisition of Asterion Energies from European infrastructure fund Asterion Industrial for EUR 560 million plus up to EUR 20 million in contingent payments. Repsol said it looks to become a global player in renewable energy and strengthen its position in […] Read more
KEC International Adds To Order Book, Including 500 MW Solar Project Updated On Tue, Dec 20th, 2022 by Saurenergy After it won new orders worth ₹1,313 crore across its various verticals, manufacturer of electric power transmission towers, KEC International, saw its shares surge at 7 per cent to Rs 501 on the BSE. The new orders have augmented the firm’s year to date order intake to more than Rs 13,000 crore. With such strong […] Read more
Solar+BESS Project in Palau by Philippines’ Altenergy Headed Towards Completion Updated On Tue, Dec 20th, 2022 by Saurenergy Philippines-based leading distributor of solar photovoltaic products and battery storage solutions Alternergy has shared that a solar PV and battery storage project in the Republic of Palau, is headed towards completion. The project will kickstart in April next year. Alternergy has investments spanning across RE technologies- solar, wind, hydro. At the same time, it is […] Read more
Prioritising Rajasthan’s Energy Sufficiency Sustainably Requires Incentivising State Genco Updated On Mon, Dec 19th, 2022 by Saurenergy Solar energy is the most readily available source of non-polluting renewable energy resource. The uniqueness of the solar technologies is that it offers a wide range of applications in solar PV as well as solar thermal technology in which case, the generated heat could be used for domestic as well as industrial applications and power […] Read more
Danish RE Developer European Energy Acquires Majority Stake in 3.6 GW Queensland Project Updated On Mon, Dec 19th, 2022 by Saurenergy Denmark-based renewable energy developer European Energy has acquired a majority stake in the Pacific Solar Hydrogen Project which is under development near Gladstone on central Queensland coast. The project, which will boast of 3.6 GW of photovoltaic power and battery energy storage, is being developed by Austrom Hydrogen and will be built on a 6,000 […] Read more
Egypt’s New Energy Plans to Increase Renewable Energy Capacity by 55 GW Updated On Fri, Dec 16th, 2022 by Saurenergy Egypt will soon become a significant global energy hub, according to the country’s senior authority in the field. The nation inked numerous projects in November that would increase its current solar and wind power generation by over 55 GW. Mohammed Al-Khayyat, the Chairman of the New and Renewable Energy Authority, reported that during the COP27 […] Read more
Our Order Book Is Likely To Exceed 4 GW by March 2023 at Envision Energy India Updated On Fri, Dec 16th, 2022 by Saurenergy Envision Energy India has had a great run in the past few months, with order bookings for its Wind Turbine Generators hitting record levels of over 2.7 GW for projects over the next 25 months. With production capacity set to hit over 3 GW by Q2 2023, the future promises an exciting set of possibilities […] Read more
Verbund AG enters Italy with 250 MWp Solar PV Project Updated On Wed, Dec 14th, 2022 by Saurenergy Verbund AG has announced that its Executive Board has approved the company’s market entry into the Italian market. Verbund AG has signed a cooperation agreement with the PV-Invest Group for the acquisition of a project development company including development of a solar photovoltaic (PV) project portfolio of up to 250 MWp. Verbund said that the […] Read more
Germany Offers EUR 112 Mn Euros to Kenya for Renewables, Hydrogen Updated On Tue, Dec 13th, 2022 by Saurenergy The German government is mulling to provide EUR 112 million or $118 million to Kenya to help the East African nation develop its renewable energy sector further and achieve 100% renewable energy faster. The funds being offered will also help Kenya for the manufacturing of green hydrogen. According to reports, the production of green hydrogen […] Read more
