EnerVenue & Green Energy Renewable In 250 MWh Storage Deal Updated On Fri, Sep 23rd, 2022 by Saurenergy Green Energy Renewable Solutions and US-based renewable energy provider EnerVenue have established a master supply agreement. According to the agreement, Green Energy will purchase and implement EnerVenue’s storage solution for 250 MWh over the next three years. Houston-based Henrik Jensen and Jens Juul, who jointly own and run Nicon Industries A/S, a prominent producer of […] Read more
Hitachi Energy to Enable Renewable Electricity Transmission Between Canada & New York Updated On Thu, Sep 22nd, 2022 by Saurenergy Global tech leader Hitachi Energy working on sustainable energy has announced that it has been selected by Transmission Developers, a Blackstone company specialized in renewable power development, for the supply of a high-voltage direct current (HVDC) converter station. Hitachi Energy said that this converter station is a key part of the transmission solution for the […] Read more
Ministry of Power Modifies Rules for Purchasing RTC Renewable Energy Updated On Fri, Sep 9th, 2022 by Saurenergy The parameters for the tariff-based competitive bidding process to purchase round-the-clock (RTC) power from grid-connected renewable energy projects have been amended, according to the Ministry of Power (MoP). Under Section 63 of the Electricity Act of 2003, these regulations were first released in July 2020. The current amendment permits producers of renewable energy to combine […] Read more
Ignitis Group to Acquire Latvian Company with 200 MW of Renewable Energy Updated On Thu, Sep 8th, 2022 by Saurenergy State-controlled energy holding company in Lithuania, Ignitis Group (AB Ignitis grupė) has announced that after the approval of the Group’s Management Board, the Group’s subsidiary UAB Ignitis Renewables has signed an agreement to acquire 100 per cent shares of a Latvian company which is developing a wind and solar project in Latvia. The agreement is […] Read more
Odisha’s New Renewable Policies for 2022–30 Eye Green Energy Updated On Thu, Aug 25th, 2022 by Saurenergy The International Forum for Environment, Sustainability and Technology (iFOREST), an independent non-profit environmental research and innovation organisation, has started a discourse on creating the roadmap with an emphasis on the creation of green energy and jobs as Odisha prepares to create its new renewable policies for 2022–30. By the end of this year, the current […] Read more
Estonia’s Eesti Energia Evaluating €1.5 Billion Investment in Renewable Energy Updated On Tue, Aug 23rd, 2022 by Saurenergy Estonia’s government-owned power producer Eesti Energia is evaluating to invest €2.5 billion over a period of five-years in power generation business. The company officials said that out of the total investment, €1.5 billion is marked for the development of wind and solar parks in Ida-Viru County upto 2026. Estonia is among the European countries that […] Read more
Mainstream Renewable Power and Ocean Winds Win Wind Energy Site in Scotland Updated On Tue, Aug 23rd, 2022 by Saurenergy Offshore wind energy major Mainstream Renewable Power has announced that it has been appointed preferred bidder by Crown Estate Scotland for an area with the potential for a 1.8 GW offshore wind farm off the Shetland Islands in Scotland. Mainstream Renewable Power is a global renewable energy company majority-owned by Aker Horizons and Ocean Winds. […] Read more
JSW Energy To Buy Renewable Portfolio Of London Based Mytrah Energy Updated On Tue, Aug 16th, 2022 by Saurenergy Sajjan Jindal-led JSW Energy has inked a pact for the acquisition of the 1,753 MW renewable energy portfolio of Mytrah Energy. The deal comes at a price of Rs 10,530 crore. This is the largest acquisition ever by JSW Energy in this segment. The information has been revealed by JSW Energy in a regulatory filing. […] Read more
German Energy Major RWE Invests USD 2 Billion In Renewables, Sees Profits In H1 Updated On Tue, Aug 16th, 2022 by Saurenergy In 2021, the German energy giant RWE onshore renewables segment underwent a significant overhaul. The division returns to profitability in the first half of 2022 after a weak first half of the 2021 result. The company claims that it invested €2 billion (US$2.04 billion) in the growth of its green portfolio during the first half […] Read more
