Tata Power Gets DFC Backed USD 425 million For Cell and Module Plant in Tamil Nadu Updated On Mon, Sep 11th, 2023 by Saurenergy The U.S. International Development Finance Corporation’s (DFC) Board of Directors has approved the provision of up to USD 425 million in financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant at Tirunelveli district in Tamil Nadu, India. DFC […] Read more
Energy Storage in Focus in US as Multiple Firms Secure Support Updated On Mon, Sep 11th, 2023 by Saurenergy The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […] Read more
SGEL Bags 18 MW Solar Project for Bhakra Beas Management Board Updated On Mon, Sep 11th, 2023 by Saurenergy A wholly owned subsidiary of SJVN, SJVN Green Energy Limited (SGEL) has entered into a power purchase agreement (PPA) with Bhakra Beas Management Board (BBMB). The PPA will pave the path for SGEL to develop an 18 MW solar project for BBMB. The project is scheduled for commissioning in August next year. In the first […] Read more
FuturEnergy JV & Greencoat Renewables Unite for Onshore Wind in Ireland Updated On Fri, Sep 8th, 2023 by Saurenergy A joint venture by ESB and Coillte, FuturEnergy Ireland, has joined hands with Greencoat Renewables for its pipeline of onshore wind projects exceeding 1 GW. Over 500 MW is expected to sold to Greencoat by decade end by way of a strategic framework structure. Greencoat Renewables will be able to undertake acquisition for project stakes […] Read more
GE Vernova to Supply Battery for 57 MW BESS Project in UK Updated On Fri, Sep 8th, 2023 by Saurenergy UK-based Varco Energy, an owner of energy storage, has selected GE Vernova to supply battery along with related equipment for a 57 MW (138 megawatt-hour) transmission-connected battery near Liverpool, United Kingdom. The Native River project will begin construction this quarter and will be linked to the grid early next year. GE Vernova will be responsible […] Read more
Shell Secures 600 MW Solar Project in Germany Updated On Fri, Sep 8th, 2023 by Saurenergy Energy conglomerate Shell has joined hands for a Power Purchase Agreement with Hansa Invest Real Assets to acquire a German solar project of 600 MW capacity. HANSAINVEST Real Assets is a subsidiary of German insurance company SIGNAL IDUNA and manages over €7 billion in real estate and infrastructure assets across Europe. Microsoft has already secured […] Read more
Hitachi Energy Wins Order from Ayana Renewable Power for 300 MW Solar Project Updated On Fri, Sep 8th, 2023 by Saurenergy Hitachi Energy India Limited (Hitachi Energy) has won a contract from Ayana Renewable Power, an Independent Power Producer in the country, to provide a grid connection solution for their upcoming 300-megawatt (MW) solar photovoltaic power plant in Bikaner, Rajasthan. Hitachi Energy has been working closely with Ayana Renewables for this project to co-create an optimized […] Read more
GreenGo Energy & Encavis Partner for 132 MW Solar Project in Denmark Updated On Thu, Sep 7th, 2023 by Saurenergy A firm that originates, develops, constructs and manages renewable energy solutions with renewable energy investors, GreenGo Energy and an acquirer and operator wind farms and solar parks, Encavis have announced that the 132 MW solar project in Denmark, The Nørhede-Hjortmose, is ready to be built. The project will be established on an area of 270 […] Read more
Ingka & Apex Clean Energy Join Hands for 16.4 MW Storage Project in Texas Updated On Thu, Sep 7th, 2023 by Saurenergy Ingka Investments and Apex Clean Energy, a firm that delves in the origination, commercialization, construction, and operation of utility-scale wind energy facilities has announced the establishment of Cameron Storage Project of 16.4 MW capacity in Cameron County, Texas. The project is IKEA owner’s first-ever battery storage project. The lithium-ion battery will lend support to the […] Read more
