Tamil Nadu Forms New Green Company TNGECL From TEDA And Tangedco Updated On Mon, Feb 5th, 2024 by Saurenergy In a bid to push for green energy generation in the state, the Tamil Nadu government has formed the Tamil Nadu Green Energy Corporation Limited (TNGECL). The corporation was formed by separating the renewable energy department of Tamil Nadu Generation and Distribution Corporation (Tangedco) and merging it with the Tamil Nadu Energy Development Agency (TEDA) […] Read more
Latest Solar Auction in Germany Oversubscribed by 3.5 Times Updated On Fri, Feb 2nd, 2024 by Saurenergy The latest solar PV auction for ground-mounted capacity in Germany concluded with three and half times oversubscription with 574 bids totalling 5.5 gigawatts (GW), surpassing the 1.6 GW of capacity up for auction. The German Federal Network Agency, the Bundesnetzagentur, published the results for the tender that sought 1.61GW of solar PV capacity. According to […] Read more
TPREL Makes A Solar Debut at Asia’s Largest Tea Estate Updated On Fri, Feb 2nd, 2024 by Saurenergy Recently, Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Limited, successfully commissioned a 1040 kW Bifacial Solar System project with Chengmari Tea Estate, said to be Asia’s largest tea estate in Jalpaiguri, West Bengal. This marks the first-ever installation of on-ground bifacial modules in eastern India. The project involved the installation […] Read more
Brookfield Looks To Partially Sell-Off 1.6-GW Renewable Portfolio Updated On Fri, Feb 2nd, 2024 by Saurenergy Canadian investment firm Brookfield Asset Management is seeking to partially capitalize on its clean energy assets. Brookfield boasts a collective capacity of approximately 1.6 GW and hold an enterprise value ranging between Rs 9,000 and 10,000 crore (equivalent to $1-1.2 billion), as per the company. To facilitate this partial monetization, investment bank JP Morgan has […] Read more
Strata Clean Energy Commences 1GW Battery Storage Project in Arizona Updated On Thu, Feb 1st, 2024 by Saurenergy US-based Strata Clean Energy, the grid-scale renewable energy solutions company, initiated the works for for its Scatter Wash battery storage complex in Phoenix, Arizona. The 255 MW / 1,020 MWh facility is expected to become operational in April 2025. The project’s batteries can store enough electricity to power more than 250,000 homes for 4 hours […] Read more
Aggreko Energy Transition Solutions To Develop 13 MW Solar Project in Texas Updated On Thu, Feb 1st, 2024 by Saurenergy Aggreko, a US-based energy solutions company, announced that the company’s Energy Transition Solutions (“Aggreko ETS”) division has acquired a 13 MW behind-the-meter solar power project site in Texas. Aggreko ETS will oversee the construction, own, and operate the clean energy project in support of a Texas energy producer’s drive to decarbonise operations. Once complete, the […] Read more
With Twin Deals, Cubico Acquires 1600-MW Renewables’ Pipeline in Mexican Market Updated On Thu, Feb 1st, 2024 by Saurenergy Cubico Sustainable Investments has announced the completion of two transactions which it says significantly enhance the company’s renewable energy footprint and development portfolio in Mexico. Through the acquisition of Renantis Mexico and a strategic agreement with Sowitec Group, the development pipeline of Cubico in Mexico has now exceeded 1.6 GW. The company says that the […] Read more
Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion: BloombergNEF Updated On Thu, Feb 1st, 2024 by Saurenergy The latest report on Energy Transition published by energy think tank BloombergNEF said that the global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion. The report titled, ‘Energy Transition Investment Trends 2024 ‘, said that this number is a new record level of annual investment and demonstrates the resilience of […] Read more
Singapore-Based Singtela Develops Green Energy Driven Data Centres Updated On Thu, Feb 1st, 2024 by Saurenergy Singtela has launched an AI development initiative in Singapore and the region, partnering with global and local ecosystem partners in AI, renewable energy, sustainable technologies, and talent development. The company is expanding its regional data center business by building new, green, sustainable, and hyper-connected AI-ready data centers in markets beyond Singapore, such as Indonesia and […] Read more
