L’Oréal Signs Agreement with EDF for Renewable Energy Updated On Tue, Feb 28th, 2023 by Saurenergy French personal care company L’Oréal has partnered for renewable energy with EDF Renewables through a PPA. EDF Renewables is a wholly-owned subsidiary of the French utility EDF Group. As per the 15-year agreement, EDF will be focussing on two solar parks located in the Corrèze and Vosges regions, where EDF will be able to produce […] Read more
JK Cement to Offtake Green Energy from CleanMax’s Wind & Solar Farm Updated On Tue, Feb 28th, 2023 by Saurenergy JK Cement and CleanMax Enviro Energy Solutions have entered into a power purchase agreement (PPA) for 6.42 MW wind – solar generation capacity in the state of Karnataka. CleanMax delves into C&I renewable energy. As per the PPA, green energy will be provided from CleanMax’s wind-solar farm in Jagalur, Karnataka to JK Cement’s Muddapur factory. The […] Read more
USA’s Ameresco to Acquire Italy’s Enerqos to Expand Portfolio in Europe Updated On Tue, Feb 28th, 2023 by Saurenergy US-based Ameresco, a developer, owner and operator of renewable energy has revealed that it has signed an agreement aimed at the acquisition of ENERQOS Energy Solutions S.r.l. ENERQOS is a renewable energy and energy efficiency firm that is based in Milan. With the acquisition, Ameresco’s expansion of portfolio in clean energy projects and solutions all […] Read more
Finland, Luxembourg Commit For EU’s Renewable Energy Financing Mechanism Updated On Tue, Feb 28th, 2023 by Saurenergy The implementation of the EU renewable energy financing mechanism has taken an important step forward as binding commitments have come from Finland and Luxembourg who will now take part in a cross-border tender for renewable energy. The announcement by the two countries follows an invitation by the Commission to all EU countries last year to […] Read more
Global Investor BlueOrchard to Invest in Indian Renewable Energy Firm U-Solar Updated On Tue, Feb 28th, 2023 by Saurenergy An infrastructure fund managed by Zurich-based BlueOrchard Finance Ltd is investing in Indian renewable energy platform U-Solar to support the growth of its commercial and industrial (C&I) rooftop solar portfolio. BlueOrchard is a leading global impact investment manager and member of the Schroders Group. U-Solar, headquartered in Bengaluru, is present in the entire solar PV […] Read more
Ocior Energy in MoU with Gujarat to Invest Rs 40,000 Cr in Green Hydrogen, Ammonia Updated On Mon, Feb 27th, 2023 by Saurenergy The Government of Gujarat today signed a memorandum of understanding (MoU) with Abu Dhabi (United Arab Emirates) headquartered Ocior Energy Pvt Ltd for Rs. 40,000 crores proposed investment in the state in the renewable energy capacities. As per the government statement, Ocior Energy will be developing green hydrogen-green ammonia projects among other renewable energy plans. […] Read more
Newcastle Airport Strives for 100% Renewable Energy Through PPA with Flow Power Updated On Mon, Feb 27th, 2023 by Saurenergy Newcastle Airport, which is located in New South Wales, has set its sights on achieving sustainability. Towards this goal, it has entered into an agreement for 100% renewable energy with energy retailer Flow Power. “Newcastle Airport is expanding to deliver growth to the Hunter region, and sustainability is key to everything we do,” maintained Newcastle […] Read more
Karnataka & Gujarat Lead in Clean Energy Transition; Odisha, Bihar, UP Laggards Updated On Mon, Feb 27th, 2023 by Saurenergy A new study conducted in unison by IEEFA (Institute for Energy Economics and Financial Analysis) and Ember to create the States’ Electricity Transition (SET) Scoring System. The report takes a look at 16 states in India. The report has analyses 16 Indian states that make up 90% of the country’s yearly power needs. The states […] Read more
Bord Na Móna Avails €430 Million for Wind And Solar Projects in Ireland Updated On Sun, Feb 26th, 2023 by Saurenergy Semi-state Irish company Bord na Móna has announced that it has secured EUR 430 million in banking facilities that will enable the company to complete and deliver renewable energy projects of about EUR 2.7 billion. Bord na Móna said that the funding is the largest-ever for renewable energy projects for the company. The debt facilities […] Read more
