Head – Wind Segment Updated On Mon, Nov 14th, 2022 by Saurenergy Wind Segment Head will have end to end responsibility for the portfolio of wind plants/projects of Renewables business. He/she will direct and coordinate activities ensuring that the project is completed on schedule and within budget. He/she will also be involved with the bidding of projects and business development activities as well. Segment Head must be […] Read more
Germany’s Kfw, India’s SBI Ink EUR 150 million Pact for Solar Projects Updated On Fri, Nov 11th, 2022 by Saurenergy A financing arrangement for 150 million EUROS (EUR) has been reached by Kreditanstalt für Wiederaufbau (KfW) and the State Bank of India (SBI) to fund solar projects in India. Germany-based KfW finances investments and reform initiatives in a wide variety of sectors, including water supply, energy, and financial systems development. For the German Federal Ministry […] Read more
ReNew Power Gets Green Project Finance of Rs 800 Cr from Bank of America Updated On Wed, Nov 9th, 2022 by Saurenergy ReNew Power has received a loan/ green project finance from Bank of America totaling roughly Rs 800 crore, the lender’s first local project financing agreement in the renewable energy industry after a protracted absence. The company will benefit from cheaper funding costs thanks to the five-year green loan facility in rupees, as the money will […] Read more
Masdar, Infinity Joint Venture Powers COP 27 with Green Energy Updated On Tue, Nov 8th, 2022 by Saurenergy There couldn’t have been a better occasion and a symbol for Masdar than to offer green energy coming from renewable sources for COP-27 under UNFCCC. A joint venture between UAE’s flagship RE company and Egypt’s Infinity called – Infinity Power Holding – announced that the solar PV plant it has developed in Sharm El-Sheikh is […] Read more
Iberdrola, AXA IM Alts Partner for 1-GW Normandy Wind Auction Updated On Tue, Nov 8th, 2022 by Saurenergy Spanish multinational electric utility company Iberdrola is trying to make the most out of the French renewable expansion. In a fresh bid, Iberdrola has signed a Memorandum of Understanding (MoU) with global investment specialist AXA IM Alts for possible collaboration for upcoming projects in the offshore wind energy sector in France. Iberdrola is a participant […] Read more
GSECL Floats Tender for 60 MW Wind Power Project in Gujarat Updated On Mon, Nov 7th, 2022 by Saurenergy Gujarat State Electricity Corporation Limited (GSECL) has floated tender to install power plants in different locations in Gujarat with a cumulative capacity of 60 MW wind power plant. For all three tenders, the last date for submitting the online bid is November 18, 2022, & the bid will be opened on the same day. This 60 […] Read more
Sterlite Power Mulls Over Investment of Rs 50,000 Crore in RE in Karnataka Updated On Fri, Nov 4th, 2022 by Saurenergy Pratik Agarwal, Managing Director, Sterlite Power, has revealed that his company will invest Rs 50,000 crore in renewable energy in the state of Karnataka. Speaking at the Global Investors’ Meet, Pratik Agarwal held, “Over the next five years, we plan to increase the renewable capacity by 10-fold and invest close to Rs 50,000 crore into […] Read more
ACWA to Develop Wind Projects of 1.1 GW in Egypt Updated On Fri, Nov 4th, 2022 by Saurenergy ACWA Power has said that it has signed an agreement to develop a 1.1GW wind project in Egypt. The official statement mentions that the wind project will come up with an investment value of $1.5 billion. The signing ceremony of the agreement took place at the headquarters of the Egyptian General Authority for Investment and […] Read more
SECI Invites RFS for 1200 MW ISTS-Connected Hybrid Power Projects Updated On Fri, Nov 4th, 2022 by Saurenergy Solar Energy Corporation of India Limited (SECI) has invited a request for selection (RfS for 1200 MW) for setting up 1200 MW ISTS-connected wind-solar hybrid power projects along with an energy storage system (ESS), with the primary objective of supplying wind-solar hybrid Power to SECI. The last date for submitting the online bid is December […] Read more
