Subsidy-Free Offshore European Wind Bids On The Rise: GlobalData Report Updated On Tue, May 2nd, 2023 by Saurenergy The latest report by GlobalData, a data and analytics company, claimed that European countries are witnessing increased subsidy-free wind energy bids due to intense competition. However, the report said several factors have also led to the undersubscription of renewable energy auctions. GlobalData’s latest report titled ‘Europe Renewable Energy Policy Handbook 2023’ pointed out that the […] Read more
NSW Announces 1.4 GW Renewables’ Tender, RWE To Develop Battery Storage Project Updated On Tue, May 2nd, 2023 by Saurenergy Just as the provincial government of New South Wales, Australia, has announced the tender allocation results for 1.4 GW of renewables, global renewables major RWE has said that itwill develop storage project in the state. RWE has been successful in the tender process offering Long-Term Energy Service Agreements to project developers of long duration storage […] Read more
Bengaluru’s APM Projects Bags Central Mine Planning & Design Institute’s 5.2 MW Solar Project Updated On Mon, May 1st, 2023 by Saurenergy Bengaluru-based APM Projects has bagged the 5.2 MW solar project by Central Mine Planning & Design Institute. The project has been won through competitive bidding. The tender is for the design, engineering, supply and procurement, construction, erection, fabrication, commissioning, testing, operation and maintenance of five years of grid connected ground mounted solar power plant of […] Read more
Serentica Renewables Secures $250 Million From KKR Updated On Mon, May 1st, 2023 by Saurenergy Sterlite Power backed Gurugram based Serentica Renewables has announced that the company has secured $250 million in a second round of funding from KKR, a global investment company. Serentica Renewables is a decarbonisation platform for the commercial and industrial (C&I) sector, focusing especially on energy intensive consumers like metals and mining. Starting with it’s own […] Read more
True Green Capital (TGC) Takes Majority Stake In CleanChoice Energy Updated On Sun, Apr 30th, 2023 by Saurenergy Connecticut based renewables investment firm True Green Capital Management has announced that it has acquired majority stake in Washington based cleantech company CleanChoice Energy. CleanChoice claims to empower people and businesses to access climate solutions. TGC will be offering dedicated capital to fund CleanChoice’s solar development pipeline. The acquisition will fuel the growth of CleanChoice […] Read more
USA’s Atlas Renewable Energy Inks PPA for 902 MW Solar Project Updated On Fri, Apr 28th, 2023 by Saurenergy USA-based Atlas Renewable Energy, which offers clean energy solutions to large energy consumers in the Americas, has entered into a solar power purchase agreement (PPA) with Albras, which is Brazil’s largest primary aluminium producer. The contract paves the way for Atlas to supply solar-generated power to Albras for a period of 21 years. The solar […] Read more
NTPC Arm Bags 500 MW of RE Project from REMCL; Project Nine Renewable Power & Sprng Akshya Urja Other Winners Updated On Fri, Apr 28th, 2023 by Saurenergy REMCL (Renewable Energy Management Company) had declared the results for a 1000 MW renewable energy project. Of the 1000 MW capacity, 900 MW has been tendered. Energy conglomerate NTPC has announced that its arm NTPC Renewable Energy (NTPC-REL) has won a 500 MW renewable energy round-the-clock (RE-RTC) project of the tendered capacity. Sprng Akshya Urja […] Read more
ReNew, Hero, Amp & ACME Get SECI’s 1200 MW ISTS-Connected Hybrid Project Awards Updated On Thu, Apr 27th, 2023 by Saurenergy The Solar Energy Corporation of India Limited (SECI), in its latest notification, awarded the contracts for developing a 1200 Megawatt (MW) of Inter-State Transmission System (ISTS)-Connected Solar-Wind Hybrid Project (Tranche-VI) to four bidders for their least bid tariffs. The final developers selected after an e-reverse auction held on April 12 included-Amp Energy Green Private Ltd, ReNew […] Read more
First 29 Turbines of 100 MW Wind Farm in Ireland Kick Off Construction Updated On Thu, Apr 27th, 2023 by Saurenergy The first 29 turbines of 100 MW Yellow River Wind Farm in Rhode, Co Offaly, Ireland, have kicked off construction. The project is being established by SSE Renewables, which is a developer and operator of renewable energy. Every turbine base will lend support to each of 29 Nordex N117/3600 wind turbines. The construction for the […] Read more