Renewable Energy

Iberdrola Partners with ABEL Energy for € 1.1 Bn Green Hydrogen Project

Iberdrola Australia and hydrogen developer ABEL Energy have come together to build a green hydrogen and green methanol production plant at Bell Bay, Tasmania. The project – Bell Bay Powerfuels – is backed by the Australian government and will involve an investment of EUR 1.1 billion. Iberdrola said that Bell Bay Powerfuels will produce 200,000 […]

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Financial Agreements Signed to Fund World’s Largest Green Hydrogen Project in Neom

Neom Green Hydrogen Company (NGHC) has signed multiple financial facility agreements with local, regional and international banks and financial institutions to support the construction of the world’s largest green hydrogen production plant in Neom, the sustainable city project in Saudi Arabia. The quantum of funds committed by the lenders with Saudi Industrial Development Fund (SIDF) […]

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Repsol Buys RE Investment Platform Asterion Energies to Add 7.7 GW to Portfolio

Spanish multinational energy and petrochemical company – Repsol – has announced the signing of the acquisition of Asterion Energies from European infrastructure fund Asterion Industrial for EUR 560 million plus up to EUR 20 million in contingent payments. Repsol said it looks to become a global player in renewable energy and strengthen its position in […]

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World Bank Inks Project to Scale up Renewable Energy Technologies in India

The World Bank has announced that it has signed agreements with the Government of India (GoI) and Solar Energy Corporation of India Limited (SECI) for a $150 million IBRD loan, a $28 million Clean Technology Fund (CTF) loan and a $22 million CTF grant. The objective of the financial agreements is to help India increase […]

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SJVN Green Energy Floats 125 MW Solar Tender at Jamui, Bihar

Satluj Jal Vidyut Nigam (SJVN) Green Energy has floated a tender for a 125 MW(AC) grid-connected solar PV power plant with the balance of the system package including three (03) years of comprehensive operation & maintenance at Jamui, Bihar. The last date for submitting the bid for this 125 MW tender is January 17, 2023, […]

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Renewable Energy Major ReNew Power to Supply 150 MW Green Energy to Microsoft

Gurugram-based ReNew Power, that claims to be India’s leading renewable energy company, has signed a renewable energy agreement for 150 MW with Microsoft India. The official statement of ReNew Power mentions that it is one of the largest such deals in India. According to the agreement, ReNew will produce 150 MW of clean energy from […]

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Floatex Targets 75% Market Share in Floating Solar In India by 2024-25

 AT REI 2022 in Greater Noida’s Expo Centre, India’s renewable energy majors were present in strength this year. SaurEnergy caught up with (Shreyansh Aggarwal, Director, Floatex Solar) to know more about their plans and expectations.

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UK Signs MoU with EU, North Sea Countries for Offshore Wind

Graham Stuart, Minister for Energy and Climate, the United Kingdom, has signed a landmark agreement on renewable energy cooperation with European Union (EU) and North Seas countries. The official statement of the UK government has held that the Memorandum of Understanding (MoU) with the North Seas Energy Cooperation (NSEC) forum fulfils commitments in the UK-EU […]

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