ACWA to Develop Wind Projects of 1.1 GW in Egypt Updated On Fri, Nov 4th, 2022 by Saurenergy ACWA Power has said that it has signed an agreement to develop a 1.1GW wind project in Egypt. The official statement mentions that the wind project will come up with an investment value of $1.5 billion. The signing ceremony of the agreement took place at the headquarters of the Egyptian General Authority for Investment and […] Read more
SECI Invites RFS for 1200 MW ISTS-Connected Hybrid Power Projects Updated On Fri, Nov 4th, 2022 by Saurenergy Solar Energy Corporation of India Limited (SECI) has invited a request for selection (RfS for 1200 MW) for setting up 1200 MW ISTS-connected wind-solar hybrid power projects along with an energy storage system (ESS), with the primary objective of supplying wind-solar hybrid Power to SECI. The last date for submitting the online bid is December […] Read more
Norwegian Firm Equinor Set Acquire BeGreen And 6 GW Solar Portfolio In Europe Updated On Fri, Nov 4th, 2022 by Saurenergy Norwegian energy firm Equinor has entered into an agreement with Denmark based solar project developer, BeGreen, that boasts of a pipeline of projects worth 6 GW in Denmark, Poland and Sweden- with an average project size of 300 MW. BeGreen also has a strong presence in Europe, where it has developed and sold more than […] Read more
SolarSquare Secures 100 Cr Series A Funding by Elevation Capital and Lowercarbon Updated On Thu, Nov 3rd, 2022 by Saurenergy Mumbai-based solar installation and financing start-up, SolarSquare has announced recently that it has raised Rs 100 crore in a Series A round majorly sponsored by Elevation Capital and Lowercarbon, Chris Sacca’s multibillion-dollar fund for climate-tech companies. Existing investors Good Capital, Rainmatter, and Better Capital, as well as angel investors like Vidit Atrey and Sanjeev Barnwal […] Read more
China is Home to World’s First Offshore Floating Wind-Solar Pilot Updated On Thu, Nov 3rd, 2022 by Saurenergy The world’s first commercial offshore floating solar that has been combined with an offshore wind turbine is now online in China. The project has been initiated by State Power Investment Corporation (SPIC), a utility that is owned by the Government of China. SPIC is among the five major utility firms in China and it is […] Read more
After Promising Start, Karnataka Increases GIM Investment Plans Updated On Thu, Nov 3rd, 2022 by Saurenergy After the Global Investors’ Summit got off to a strong start, Karnataka increased its fundraising target by Rs 2.5 lakh crore to Rs 7.5 lakh crore, according to Union Finance Minister Nirmala Sitharaman. “When this global meeting was first being arranged, their initial expectations and goals were in the neighborhood of 5 lakh crore. Now […] Read more
ABC Cleantech Signs Rs 50,000 Cr MoU to Set Up Green Hydrogen Plant in Karnataka Updated On Thu, Nov 3rd, 2022 by Saurenergy ABC Cleantech recently announced that it had signed a Memorandum of Understanding (MoU) with the Government of Karnataka as part of “INVEST Karnataka 2022” for setting up a green hydrogen production unit. According to the company, this unit will produce 0.2 million tonnes of green hydrogen annually and 1 million tonnes of green ammonia annually, […] Read more
Tata Power Signals Strong EPC Recovery In Renewables At Q2 Analyst Meet Updated On Wed, Nov 2nd, 2022 by Saurenergy For Tata Power Limited, the FY 23 Q2 results have been a time to cheer, with record revenues and profits for the quarter. Total revenues at Rs 14, 163 crores were almost 50% higher than revenues in the corresponding quarter last year. Net profits came in even higher, up 85% at Rs 884 crores, versus […] Read more
SJVN Floats Tender for Setting Up Pilot Project for Green Hydrogen in Himachal Pradesh Updated On Wed, Nov 2nd, 2022 by Saurenergy Satluj Jal Vidyut Nigam (SJVN) Green Energy has floated a tender for setting up a pilot project for a green hydrogen production plant of 20NM3 /HR capacity integrated with 25KW fuel cell power generation plant at 1500 MW NJHPS, Himachal Pradesh. The last date for submitting the bid for this green hydrogen production plant tender […] Read more
