India & Sri Lanka Build Momentum Further on Renewable Energy Updated On Wed, Mar 29th, 2023 by Saurenergy A memorandum of understanding (MoU) on renewable energy is in the offing between India and Sri Lanka. The Island nation is striving for the generation of 70 per cent of its electricity requirements from renewable sources by the end of the decade and the agreement will facilitate this goal. As per a member of the […] Read more
Agilitas Energy Acquires Texas Energy Storage Systems Portfolio for $75 Million Updated On Wed, Mar 29th, 2023 by Saurenergy American solar PV and storage conglomerate Agilitas Energy will be acquiring a portfolio of six standalone energy storage system (ESS) projects in the Greater Houston in Texas from Californian player Gulf States Renewable Energy, which is a subsidiary of GSR Energy. The official statement of Agilitas Energy held that the deal value about $75 million […] Read more
Southeast Asia Needs US$200bn for Swift Energy Transition by 2030: IEA Updated On Tue, Mar 28th, 2023 by Saurenergy The International Energy Agency (IEA) in its latest report has noted that Southeast Asia will need at least US$200bn worth of investment in the energy sector by 2030 to speed up their clean energy transition. As per reports, the investments in renewables need more impetus with sufficient policies to support the development of robust project […] Read more
Wind Energy Generation to Surge 4-5 Times on Policy Tailwinds: CRISIL Report Updated On Wed, Mar 22nd, 2023 by Saurenergy According to a report by CRISIL, the Ministry of New and Renewable Energy has introduced positive policy changes that could lead to a 6–8 GW annual increase in wind capacity starting in fiscal 2026. This would be four times the growth of 1.6 GW seen in the past five fiscal years, which was driven by […] Read more
Sunsure Energy in PPA with SLMG Beverages for 15 MW Solar Capacity Updated On Tue, Mar 21st, 2023 by Saurenergy Gurugram-based Sunsure Energy will be supplying 2.25 crore green units to Uttar Pradesh-based SLMG Beverages annually under the recent long-term power purchase agreement (PPA) signed between the two firms. The PPA has been signed with for a capacity of 15 MW in the state of Uttar Pradesh. The green units will be supplied to SLMG, […] Read more
Sterlite Power Bags Green Energy Transmission Project in Rajasthan Updated On Fri, Mar 17th, 2023 by Saurenergy Private sector power transmission infrastructure developer and solutions provider across India and Brazil, Sterlite Power, has bagged a transmission project for evacuation of power from Renewable Energy Zones in Rajasthan. These are under Phase-III Part G. Sterlite Power won the project through the bidding process via tariff-based competitive bidding (TBCB). The firm received the Letter […] Read more
Europe’s Solar Energy Surge: A Promising Solution Or Just A Palliative? Updated On Thu, Mar 16th, 2023 by Saurenergy Europe is in the middle of its biggest ever solar build out currently, as it seeks to build more solar capacity for every reason from more energy security to clean energy. But can solar deliver for Europe? Is it the panacea to energy security in the long term? Or is it doomed to over promise […] Read more
EDF Renewables Shares Plan for 80 MW Wind Project in Ireland Updated On Wed, Mar 15th, 2023 by Saurenergy EDF Renewables, a a wholly-owned subsidiary of French utility Group, EDF, has shared its plan for the proposed 80 MW Kilsallagh wind farm project, which is to be established in Ireland. The project will entail 13 turbines and their tip heights will be up to 200 metres. Once the project ge a go-ahead permission, a […] Read more
Origis Energy Announces $750 Million for Solar, Storage Pipeline in USA Updated On Fri, Mar 10th, 2023 by Saurenergy In a key development that would further USA’s renewable energy ambitions, renewable energy platforms Origis Energy has announced the close of an upsizing amendment to their development finance facility doubling capacity to $750 million. Miami-headquartered Origis Energy said that with enhanced flexibility and increased capacity, the credit facility will support further expansion of its solar […] Read more
