The Top 5: Trends In Energy Storage and Innovations Updated On Wed, Aug 10th, 2022 by Saurenergy Switch to Renewable Energy (RE) is high on demand for the countries across the globe. As more and more countries become the part to this wave of change, advancement in technologies is bound to happen. With advancement in technology, new trends emerge. Speaking of the energy storage trend, it is at the helm of this […] Read more
Brazil Adds Over 500 MW Of Wind, Solar Energy In July Updated On Tue, Aug 9th, 2022 by Saurenergy The power sector regulator of Brazil – ANEEL– has announced there has been an addition of about 514.63 MW of solar and wind power capacity to the renewable energy basket in the previous month of July. The data shared by ANEEL revealed that the solar farms had contributed for the majority of the renewable additions […] Read more
Shell Completes Acquisition Of Renewables Platform Sprng Energy Group Updated On Tue, Aug 9th, 2022 by Saurenergy Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed 100% acquisition of Solenergi Power Private Limited and along with it, the Sprng Energy Group of Companies from Actis Solenergi Limited (Actis)- a leading global investor in sustainable infrastructure Sprng Energy, set up in 2017 by Actis, is a renewable energy […] Read more
Octopus Energy, Nest And GLIL Invest £200 Million In Hornsea One Updated On Mon, Aug 8th, 2022 by Saurenergy Octopus Energy Generation’s fund management group has invested £200 million in Hornsea One. For a sum of £400 million, the company has purchased a 12.5% share from Global Infrastructure Partners through a joint venture with GLIL Infrastructure, which is also contributing £200 million. A £3.6 billion fund called GLIL makes infrastructure investments on behalf of […] Read more
BASF To Supply Clean Energy To Over 20 Sites Across USA Updated On Fri, Aug 5th, 2022 by Saurenergy Leading US chemical player BASF has revealed that it has entered into a virtual power purchase agreements (VPPAs) for wind and solar power totaling 250 megawatts (MW) for the supply of clean energy to its sits in USA. They are designed to offset the carbon-intensive grid-supplied electricity being used at more than 20 of BASF’s […] Read more
Tata Power, JLL India Come Together For Green Energy Solutions In Realty Space Updated On Tue, Aug 2nd, 2022 by Saurenergy Tata Power has said that it has signed a MoU with JLL India to promote green energy solutions in the realty sector which contributes nearly 40 per cent of all greenhouse gas emissions. The official statement of Tata Power said that JLL, which specializes in real estate and investment management, has a presence in 11 […] Read more
Rosatom, An Xuan Energy To Develop Wind Energy Project in Vietnam Updated On Wed, Jul 27th, 2022 by Saurenergy NovaWind JSC and representatives of An Xuan Energy JSC have signed an agreement on cooperation in the implementation of a project for the construction of a wind farm. NovaWind JSC is a division of Rosatom State Corporation for wind energy generation based in Moscow, Russia. The company was founded in 2017. The official statement revealed […] Read more
Octopus Energy Group Raises Fresh Funds Totaling $550 million Updated On Wed, Jul 27th, 2022 by Saurenergy In a fresh announcement, British renewable energy player Octopus Energy Group said that it has closed the recent funding round and has secured $325 million from its shareholders. It said that the loan is raised on the terms agreed during the fundraising round in December 2021. The official statement revealed that the RE player’s investors […] Read more
MasTec to Acquire Infrastructure and Energy Alternatives (IEA) Updated On Tue, Jul 26th, 2022 by Saurenergy MasTec and Infrastructure and Energy Alternatives (IEA) have announced signing an agreement under which MasTec will acquire all of the outstanding shares of IEA in a cash-and-stock transaction. Each IEA share is valued at $14.00. The official statement of MasTec said that the transaction has been unanimously approved by the Boards of Directors of both […] Read more
