Over 500GW Generation By 2030 From Renewable Energy: RK Singh Updated On Thu, Jul 28th, 2022 by Saurenergy The Union Power and New & Renewable Energy Minister RK Singh, on July 27 said the renewable energy capacity will reach over 500GW by 2030. In his message at the launch of a report of The Energy Resource Institute (TERI), Singh said, “By 2030, the total capacity for power production would be about 820GW. Out […] 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
Adani Group Will Invest $70 bn In Green Energy To Build Atmanirbhar Bharat Updated On Wed, Jul 27th, 2022 by Saurenergy Adani Group Chairman Gautam Adani has said that the company will invest $70 billion in green energy transition and infrastructure projects, calling upon the shareholders to “reshape India’s energy footprint for an Atmanirbhar Bharat”. Addressing the annual shareholders’ meeting of Adani Enterprises, the flagship company of the group, he said, “The best evidence which showcased […] 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
Global Data Report 2022 on Renewable Energy Capacity And Consumption Updated On Wed, Jul 20th, 2022 by Saurenergy Global data report on renewable energy capacity and consumption are produced by the International Renewable Energy Agency (IRENA). Data sets for actual power generation from 2012 to 2020, power generation capacity from 2012 to 2022, and renewable energy balances for more than 150 nations and regions from 2019 to 2020 are all included in Renewable […] Read more
Apollo Invests $175 Million in Summit Ridge Energy For Community Solar Projects Updated On Thu, Jul 14th, 2022 by Saurenergy Global conglomerate Apollo Global Management has revealed that it will be making an investment worth $175 million in Summit Ridge Energy, a leading owner-operator of community solar assets. Since it came into being in 2017, Summit Ridge has formed two joint ventures totaling more than $1 billion in permanent project capital. It has also expanded […] Read more
Japan Will Include India Into AETI To Help Achieve Green Energy Transition Updated On Wed, Jul 13th, 2022 by Saurenergy While it mourns the assassination of Japan’s former Prime Minister Shinzo Abe last week, Japan is looking to aid India to shift to clean energy by expanding a programme it launched in 2021 for Southeast Asian nations, Industry Minister Koichi Hagiuda said recently. Although India was not initially included in the Japan’s ‘Asia Energy Transition […] Read more
Jharkhand Unveils Ambitious Solar Energy Policy Updated On Tue, Jul 5th, 2022 by Saurenergy The Jharkhand Government is poised to unveil its Solar Energy Policy 2022. The policy, launched by the Chief Minister of Jharkhand, Hemant Soren, will seek to augment the capacity of clean energy to 4000 MW in the financial years 2022 to 2023 and 2026 to 2027. Jharkhand Renewable Energy Development Agency (JREDA) has revealed a […] Read more
Clean Capital Acquires 100% Stake in BQ Energy Updated On Fri, Jul 1st, 2022 by Saurenergy New York-based clean energy investment firm, Clean Capital has announced its 100% acquisition (100% Stake) of renewable energy development company, BQ Energy recently. Now Clean Capital has all the rights to operate BQE independently as an own-subsidiary firm. Now Clean Capital will invest in BQE’s long-term projects. Additionally, Clean Capital will invest in initiatives that […] Read more
