Author: Saur News Bureau

GIP to Acquire MAP Energy’s RE Business With Interest in 16 GW of Projects

Global Infrastructure Partners (GIP) has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP® Energy. Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP Energy. GIP’s fourth flagship fund, GIP IV, will acquire 100 percent of the MAP RE/ES investment […]

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Vestas Secured Orders Worth 417 MW in the Netherlands and USA

Vestas has announced that it has secured two orders worth a combined 417 MW in wind turbine deliveries for new projects in the USA and repowering contracts in the Netherlands.  The first order is from SwifterwinT op Land, a collaboration of more than 170 residents and entrepreneurs in the Netherlands, which has placed a 207 MW […]

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Ørsted Brings on Co-Investors for its 605 MW Offshore Wind Farm in Taiwan

Ørsted has brought on CDPQ and Cathay PE, to co-invest in the 605 MW Greater Changhua 1 Offshore Wind Farm off the coast of Taiwan Offshore wind major Ørsted has announced that it has signed an agreement with a consortium of world-leading investors, which consists of global institutional investor Caisse de dépôt et placement du […]

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Gujarat Solar Policy 2021. Key Points

Gujarat, with an installed capacity of close to 11,000 Mw of renewable energy has just unveiled its new solar policy, that seeks to take the state’s total renewable energy to 30,000 MW by 2022, for starters. Chief Minister Vijay Rupani announced Gujarat’s new solar power policy on Tuesday. The new policy is expected to be […]

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AMP Capital Joins Sterlite Power To Establish Transmission Platform

The two firms will invest USD 150 Million each in the development of four transmission projects Global investment manager AMP Capital has established a 50/50 partnership with Sterlite Power Transmission Limited (Sterlite Power) for the development of energy transmission projects in India. This marks the first investment in India for AMP Capital’s global infrastructure equity […]

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KEMP Combines 4th Generation Technology to Produce Offshore Wind Power Structures

Eco-friendly ceramic zinc plating-INNOZINC reduces environmental pollution Hyun-Jun, Jeon (The director of KEMP Co., Ltd.) recently presented the ‘4th generation eco-friendly ceramic zinc plating technology-INNOZINC at the 2nd day event of the Ulsan Floating Offshore Wind Power International Forum 2020. KEMP has developed the world’s first eco-friendly, highly corrosion-resistant ceramic galvanizing, and possesses eco-friendly technology covering the fields of […]

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MEG Signs Agreement for 2,000 Units of D1, BYD’s Custom Electric Ride-hailing Vehicle

Ideanomics has announced that its Mobile Energy Global (“MEG”) and its contracting entity Qingdao Chengyang Medici have signed an agreement with Meihao Chuxing, a joint venture between BYD and Didi, to purchase an initial 2,000 units of model BYD D1. The ride-hailing vehicles are intended for deployment in multiple cities within China, with deliveries expected […]

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Capital Dynamics Exits 108 MW Beacon II and V Solar Portfolio in California

Capital Dynamics, an independent global private asset management firm, completed the sale of a majority interest in its Beacon portfolio to TortoiseEcofin and S&B USA Energy. Each buyer has acquired a 49.5% ownership of the portfolio. Capital Dynamics retains a minority stake of 1%. The 107.8 megawatt (MWdc) Beacon portfolio consists of two projects: Beacon II (59.6 […]

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EPRI Selected for 3 US DOE Awards for Advancing Energy Storage

EPRI will lead 3 projects for advanced, bulk energy storage following selection by the US Department of Energy (DOE) for awards totaling USD 600K The Electric Power Research Institute (EPRI) has announced that it will lead three projects for advanced, bulk energy storage following selection by the US Department of Energy (DOE) for awards totaling […]

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