Austria’s Windkraft Simonsfeld to Build 142 MW Wind Park in Romania Updated On Fri, Oct 28th, 2022 by Saurenergy Austrian renewable energy player Windkraft Simonsfeld will be investing EUR 150 million in its Sfânta Elena wind energy project. The renewable energy project is located in the Caraş-Severin County in the southwest region of Romania. The Austrian company plans to complete the 142-MW facility next year. In a key development, Windkraft Simonsfeld received approval of […] Read more
General Motors Secures 100% Energy Needed to Achieve RE Goal Updated On Fri, Oct 28th, 2022 by Saurenergy Auto giant General Motors has announced the finalization of energy sourcing agreements required to secure 100% of the energy needed to power all its US facilities by 2025. This is in line with the accelerated target which is five years ahead of the 2030 target announced in early 2021. Through this, GM expects to avoid […] Read more
European Commission to Allocate €3 Billion for Green Hydrogen Updated On Thu, Oct 27th, 2022 by Saurenergy Europe is ‘practically’ on its way to becoming the largest hydrogen player in the world as the European Commission plans to inject a massive investment in the hydrogen sector. Frans Timmermans, the European Commission Executive Vice President, has announced that €3 billion funds would be allocated from the next Innovation Fund large-scale call to support […] Read more
Masdar Acquires Arlington for Renewable Energy Storage in UK, Europe Updated On Wed, Oct 26th, 2022 by Saurenergy Renewable energy conglomerate Masdar has announced that it has acquired UK-based battery energy storage system (BESS) developer Arlington Energy that will enable Masdar to expand its presence in the UK and European RE markets and support countries’ net-zero objectives. Arlington Energy delves into developing, building, operating and financing flexible energy solutions; having taken over 170 […] Read more
ISA Decides On Solar Facility To Expedite Funding Updated On Fri, Oct 21st, 2022 by Saurenergy In its fifth general assembly, International Solar Alliance (ISA) has approved the creation of a ‘Solar Facility’ which will be a financial instrument to encourage investments in solar energy through insurance funds and payment guarantee. Readers will recall that a key mandate of the ISA itself was to enable financing for solar in developing countries. […] Read more
First Solar will supply 700 MW solar modules to Silicon Ranch Updated On Fri, Oct 21st, 2022 by Saurenergy Tennessee based independent power producer, Silicon Ranch and America’s largest solar manufacturer, First Solar, announced the expansion of the 4-GW master supply agreement (MSA) that they signed in April. To support its growing portfolio of contracted solar projects, Silicon Ranch has secured an additional 700 megawatts (MW) of advanced, responsibly produced, thin film photovoltaic (PV) […] Read more
Octopus Energy Partners with Nexta for 1.1 GW Renewables in Italy Updated On Thu, Oct 20th, 2022 by Saurenergy UK-based wind and solar farms builder Octopus Energy Generation has said that it will enter Italy’s green power market by investing in renewable energy developer Nexta. Octopus held that the move will help the country wean itself off gas and lower future energy bills. As per the official statement, Octopus Energy Development Partnership (OEDP) is […] Read more
Tata Motors, Tata Power to Install 7 MW Solar Plant at Pantnagar Factory Updated On Tue, Oct 18th, 2022 by Saurenergy The two companies of the Tata Group – Tata Motors and Tata Power – have announced that they have entered into a Power Purchase Agreement (PPA) for the development of a 7 MW captive solar power project at its Pantnagar plant in Uttarakhand. According to the company, this installation is collectively expected to generate 215 […] Read more
Mainstream, Aboitiz Power Make Joint Venture For 90 MW Wind Project in Philippines Updated On Thu, Oct 13th, 2022 by Saurenergy Global clean and renewable energy player Mainstream Renewable Power has announces the signing of a joint venture agreement with Aboitiz Power Corporation via its subsidiary Aboitiz Renewables to initially deliver the 90 MW Libmanan onshore wind project that is located in the Camarines Sur Province of Philippines. Mainstream Renewable Power is a global renewable energy […] Read more
