Adani Group Gets Sri Lanka’s Nod for $500 Million Wind Power Projects Updated On Thu, Aug 18th, 2022 by Saurenergy The Energy Minister in Sri Lankan Government, Kanchana Wijesekara has announced that India’s Adani Green Energy has been issued provisional approvals for the development of two wind power projects in Northern Province of Sri Lanka. He said in a Tweet on social media that the two wind power plants will attract an investment of over […] Read more
Saudi Arabia’s ACWA Power to Sign $2.4 Billion Wind Project Deal in Uzbekistan Updated On Thu, Aug 18th, 2022 by Saurenergy Saudi Arabia based utility developer ACWA Power has said in a disclosure on Tadawul bourse that the company has signed a Heads of Terms (HoT) Agreement with Uzbekistan for the development of a 1500 MW wind energy project. As per the disclosure, the deal will be signed with the Ministry for Energy and Ministry of […] Read more
Oil Company Gulf Energy Sells 50% Stake In German Wind Farm Updated On Thu, Aug 18th, 2022 by Saurenergy Leading oil company Gulf Energy Development Public Company Limited has notified the Stock Exchange of Thailand that that it is divesting more than 50 per cent stake in its Germany based wind farm. The disinvestment is taking place at EUR 305 million. Gulf Energy said that through its wholly owned subsidiary, Gulf International Holding Pte. […] Read more
Offshore Wind Market Player Magnora Gets Authorisation To Develop Solar Project In South Africa Updated On Wed, Aug 17th, 2022 by Saurenergy Norway-based renewable energy player Magnora ASA has announced that one of its solar power projects in South Africa has been granted environmental authorization, which it claims to be a major milestone for the project. According to the official statement of Magnora, the approved solar project will have a total installed capacity of approximately 260 MW […] Read more
Coal Miner Seriti Resources Acquires Majority Stake In Windlab Africa Updated On Tue, Aug 16th, 2022 by Saurenergy South Africa’s leading coal miner, Seriti Resources has said that it has agreed to acquire a majority stake in wind and solar-powered assets of Windlab Africa- a wind energy site developer, through its subsidiary Seriti Green. Seriti is looking at lowering its carbon footprint and ensuring long-term sustainability as a diversified energy producer. Windlab Africa […] Read more
Hindalco Partners With Greenko To Produce Solar & Wind Power For Odisha Smelter Updated On Fri, Aug 12th, 2022 by Saurenergy Aditya Birla Group owned Hindalco and energy transition company Greenko Energies have announced that they have entered into a commercial arrangement to set up a renewable energy project for supply of 100 MW round-the-clock carbon free power. The arrangement covers the development of 375-400 MW of solar and wind capacity. The official statement by Hindalco […] Read more
Brazil Adds Over 500 MW Of Wind, Solar Energy In July Updated On Tue, Aug 9th, 2022 by Saurenergy The power sector regulator of Brazil – ANEEL– has announced there has been an addition of about 514.63 MW of solar and wind power capacity to the renewable energy basket in the previous month of July. The data shared by ANEEL revealed that the solar farms had contributed for the majority of the renewable additions […] Read more
Ørsted Collaborates With Vietnamese Energy Player For Wind Projects Updated On Tue, Aug 9th, 2022 by Saurenergy Danish utility and global offshore wind leader Ørsted has declared that it has signed a memorandum of understanding (MoU) with Vietnamese energy contractor PetroVietnam Technical Services Corporation Mechanical & Construction (PTSC M&C). This partnership will pave the way for a collaboration for the development of offshore wind projects in Vietnam and globally between the two […] Read more
World’s First Subsidy-Free Offshore Wind Farm In Netherlands Produces First Power Updated On Mon, Aug 8th, 2022 by Saurenergy The 1.5GW Hollandse Kust Zuid offshore wind farm, the first subsidy-free offshore wind farm in the world, has started producing power and supplying it to the Dutch electrical grid. Swedish power company Vattenfall won the right to build all four allotments in the Hollandse Kust Zuid. No financial aid from the government was required or […] Read more