NTPC, JBIC Collaborate To Finance Renewable Energy Project In India Updated On Wed, Mar 27th, 2024 by Saurenergy Japan Bank for International Cooperation (JBIC) Governor, HAYASHI Nobumitsu has signed a loan agreement that amounts to up to JPY15 billion of which JBIC’s portion is JPY9 billion, with NTPC Renewable Energy Limited (NREL) of India. The loan is co-financed with Sumitomo Mitsui Banking Corporation and the Bank of Fukuoka, Ltd. JBIC also claims to […] Read more
JSW Renewable Energy Acquires 45 MW Maha Wind Farm From Reliance Power Updated On Wed, Mar 27th, 2024 by Saurenergy JSW Renewable Energy, a subsidiary of JSW Neo Energy has acquired a 45 MW Vashpet wind project from Reliance Power in Maharashtra’s Sangli. The company announced the acquisition from Reliance Power and further said that the transaction has been executed as a going concern on a slump sale basis. JSW Energy aims to achieve 20 […] Read more
Arevon Inks Deal With San Diego Community Power For Avocet Energy Storage Updated On Wed, Mar 20th, 2024 by Saurenergy US-based renewable energy developer Arevon Energy has announced it has entered into a 15-year energy storage service agreement with San Diego Community Power (SDCP), California’s second-largest community choice aggregator, for the full capacity of the Avocet Energy Storage Project. The project is a 200-megawatt (MW)/800 megawatt-hours (MWh) stand-alone battery energy storage system (BESS) located in […] Read more
Korkia & Econous Green Energy Partner To Develop 600 MW Solar Power In Romania Updated On Tue, Mar 19th, 2024 by Saurenergy Korkia and Romania-based renewable energy developer Econous Green Energy have set up a partnership to develop 600 MW of solar energy in Romania. Initial projects are expected to be licensed and ready for construction in 2025. According to a media statement by Korkia, 600 MW of photovoltaic capacity means approximately 780,000 MWh of electricity production, […] Read more
Responsible Renewable Energy Summit focuses on social good, circularity & ecological aspects of RE expansion in India Updated On Fri, Mar 15th, 2024 by Saurenergy To foster dialogue about India’s rapidly advancing renewable energy landscape, the Responsible Energy Initiative convened its annual “Responsible Renewable Energy Summit 2024,” in New Delhi. The event drew active engagement from senior government officials, stakeholders in the renewable energy sector, investors, intellectuals, policymakers, research institutions, and energy specialists. The event was organised by Responsible Energy […] Read more
West Bengal Can Save Rs 62,000cr By Roping In Renewables: Report Updated On Tue, Mar 12th, 2024 by Saurenergy A report by think tank Climate Risk Horizons (CRH) suggests that West Bengal can save thousands of crores in the coming decade by moving away from coal and towards clean energy. The savings accrue through a combination of measures such as the retirement of older, more expensive coal power plants; diverting investment planned for new […] Read more
Australian Energy Firms AGL, Someva Renewables Form JV To Develop Green Energy Park Updated On Mon, Mar 4th, 2024 by Saurenergy Australian Energy company AGL and renewable energy developer Someva Renewables have today announced a Joint Venture (JV) to develop Pottinger Energy Park, which is expected to consist of a 1.2 GW wind farm, 300 MW solar farm, and 500 MW / 2000 MWh battery energy storage system (BESS). The proposed Pottinger Energy Park is located […] Read more
NGEL To Develop Renewable Energy Parks with MAHAGENCO In Maharashtra Updated On Thu, Feb 29th, 2024 by Saurenergy NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, has signed a joint venture agreement with Maharashtra State Power Generation Company Limited (MAHAGENCO), for the development of Renewable Energy Parks in the state of Maharashtra. The company to be set up under the joint venture will develop GW-scale renewable energy parks and […] Read more
K.P Energy Commissions 25.2 MW ISTS Connected Wind Power Project At Sidhpur Updated On Wed, Feb 28th, 2024 by Saurenergy K.P Energy Limited, a Balance of Plant (BoP) solutions provider for the wind energy industry commissioned a 25.2MW (Phase-VI) Inter-State Transmission System (ISTS) connected wind power project at Sidhpur, in Devbhoomi Dwarka The wind energy company is involved in the entire wind farm development value chain, right from conceptualization to the commissioning of the project. […] Read more