ITC Limited Commits to 100 Percent RE for all Energy Needs by 2030 Updated On Thu, Jan 7th, 2021 by Saurenergy ITC has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. Indian multinational conglomerate ITC Limited has announced that it has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. “As a part of […] Read more
Carlyle Group Partners With Amp Energy, By Investing USD 374 Mn Updated On Thu, Jan 7th, 2021 by Saurenergy Global investment firm, The Carlyle Group has announced its growth investment in Amp Solar Group (Amp Energy), an energy transition platform company, with an investment of USD 374 million. The Canadian based, global renewables company has developed over 1.8 GW of distributed and utility-scale renewable generation projects, hybrid generation plus storage projects and stand-alone battery […] Read more
Bruc Energy and Alter Enersun Partner to Develop 550 MW Solar Projects in Spain Updated On Mon, Jan 4th, 2021 by Saurenergy The group, chaired by Juan Béjar, reached an agreement to buy 55% of 12 plants under construction and development in Andalusia and Extremadura. December 30th.- Bruc Energy has reached an agreement with Alter Enersun to buy 55% of 12 photovoltaic solar power plants, totalling 550 MW. Both companies have created a new company called Bruc […] Read more
Fluence Secures $125 Mn From QIA to Accelerate Energy Storage Technology Updated On Mon, Jan 4th, 2021 by Saurenergy QIA has committed to invest USD 125 million in Fluence, which intends to use the net proceeds to accelerate the development of its offerings Fluence, a leading global energy storage solutions provider, has announced that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to […] Read more
ADB Approves $231 Mn Loan to Increase Clean Energy Supply in Assam Updated On Mon, Jan 4th, 2021 by Saurenergy The Asian Development Bank (ADB) has approved a $231 million loan to construct the Lower Kopili Hydroelectric Power (LKHEP) plant in Central Assam, India. This loan is the third and largest tranche of the $300 million Assam Power Sector Investment Program approved by ADB in 2014. The project has so far upgraded the 70-megawatt (MW) […] Read more
Adani Green Energy Commissions 100 MW Solar Plant in Gujarat Updated On Thu, Dec 31st, 2020 by Saurenergy Adani Solar Energy Kutchh Two, a subsidiary of Adani Green Energy AGEL has commissioned a 100 MW solar power project at Khirsara, Gujarat. Adani Solar Energy Kutchh Two Private Limited, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has commissioned a 100 MW ac solar power project at Khirsara, Gujarat, ahead of its scheduled […] Read more
Japan’s Orix to Acquire 80% Stake in Spains’ Elawan Energy Updated On Tue, Dec 29th, 2020 by Saurenergy Japan’s ORIX Corporation will invest in Elawan Energy, a global renewable energy firm headquartered in Madrid. Japan’s ORIX Corporation has announced that it has entered into an agreement to invest in Elawan Energy, a global renewable energy company headquartered in Madrid, Spain focused on the development and ownership of wind and solar PV power plants. […] Read more
EPRI Selected for 3 US DOE Awards for Advancing Energy Storage Updated On Tue, Dec 29th, 2020 by Saurenergy EPRI will lead 3 projects for advanced, bulk energy storage following selection by the US Department of Energy (DOE) for awards totaling USD 600K The Electric Power Research Institute (EPRI) has announced that it will lead three projects for advanced, bulk energy storage following selection by the US Department of Energy (DOE) for awards totaling […] Read more
Ameren Missouri Acquires its First Wind Energy Center in Northeast Missouri Updated On Sat, Dec 26th, 2020 by Saurenergy Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), has closed on the acquisition of the company’s first wind energy center, a 400-megawatt (MW) project in northeast Missouri. The purchase of the High Prairie Renewable Energy Center in Adair and Schuyler counties is the first of two planned investments in Missouri-based wind generation, which will add 700 MW of clean […] Read more
