Turbine Maker Senvion Bags 591 MW Order from JSW Energy Updated On Mon, Oct 4th, 2021 by Saurenergy Wind turbine maker Senvion has been awarded a 591 MW project by JSW Energy. Senvion turbines will be deployed in JSW Energy’s ongoing pipeline of ~ 2.5 GW of renewable projects which are under construction. Senvion India, owned by Saudi Infrastructure major Alfanar group, has been a key player in India’s wind equipment market. The […] Read more
AIIB and IRENA Team-Up to Accelerate Asia’s Energy Transition Updated On Wed, Sep 22nd, 2021 by Saurenergy The Asian Infrastructure Investment Bank (AIIB) and the International Renewable Energy Agency (IRENA) have signed a memorandum of understanding (MOU) committing to work together to support Asia’s energy transition and mobilize greater private capital for renewable energy. The agreement was signed today by AIIB President Jin Liqun and IRENA Director-General, Francesco La Camera, at a […] Read more
NextEnergy’s International Solar Fund to Acquire 42.3MW Polish Portfolio Updated On Fri, Sep 17th, 2021 by Saurenergy NextPower III ESG, the international solar fund of NextEnergy Capital, has agreed to acquire a 42.3MW solar PV project portfolio in Poland, marking NPIII ESG’s first acquisition in the country. Completion is expected to occur in Q4 2021 once all assets are constructed and energised. The solar PV project portfolio has been awarded a Contract for […] Read more
Maha Govt, JSW Sign MoU for Green Projects Worth ₹35,500 Cr Updated On Wed, Sep 15th, 2021 by Saurenergy The Maharashtra government and power major JSW Energy Ltd have signed two MoUs to set up two green projects worth Rs 35,500 crore. The agreement is part of the slew of initiatives under the state government’s Magnetic Maharashtra 2.0 initiative, started last year, to focus on stimulating investment and growth. “The two new projects will […] Read more
Tesla Builds Energy Trading Team for its Autobidder Platform Updated On Mon, Sep 13th, 2021 by Saurenergy US clean energy company Tesla is looking to build an energy trading team to trade energy capacity at its Autobidder platform, according to media reports. The EV maker is looking for a ‘Senior Energy Trading Analyst’ for its new team, as announced on LinkedIn recently. The energy trading team will support the company’s battery and renewable […] Read more
Green Projects Fuel Demand for Cogeneration Equipment Market: Study Updated On Thu, Sep 9th, 2021 by Saurenergy The global cogeneration equipment market, which was valued at US$ 20.25 Bn in 2018, would expand at a CAGR of 9.84% during the forecast period of 2019–2027, according to analysts at market intelligence company Transparency Market Research (TMR). The concept of cogeneration includes simultaneous heat and electricity generation from a single fuel source, including biomass […] Read more
UK to Pump $1.2 B into Green Projects in India: 11th Eco & Fin Dialogue Updated On Fri, Sep 3rd, 2021 by Saurenergy At the 11th India-UK Economic and Financial Dialogue (EFD) held yesterday, Finance Minister Nirmala Sitharaman and UK Chancellor Rishi Sunak signed off a $1.2 billion package of public and private investment in green projects and renewable energy to boost India’s green growth ambitions. The dialogue saw the announcement of new steps to tackle climate change […] Read more
Adani Green Raises $750 M for Projects in Pipeline Updated On Thu, Sep 2nd, 2021 by Saurenergy Adani Green Energy Ltd (AGEL) has priced its maiden ListCo senior issuance of $750 million through a 3-year issuance under the 144A / Reg S format, at a fixed coupon of 4.375%. The issuance was oversubscribed by 4.7 times. This issuance establishes AGEL as India’s leading credit in the renewable sector with a robust and […] Read more
Wind Energy Accounted for 42% New U.S. Capacity in 2020 Updated On Wed, Sep 1st, 2021 by Saurenergy More wind energy was installed in 2020 than any other energy source, accounting for 42% of new U.S. capacity, says the U.S. Department of Energy (DOE). By contrast, solar amounted to only 38% of new capacity last year. The U.S. wind industry supports 116,800 jobs. The DOE has released three reports showing record growth in […] Read more