EIB, AllianzGI Announce $100 Mn for Renewable Projects at COP27 Updated On Thu, Nov 17th, 2022 by Saurenergy The Emerging Market Climate Action Fund (EMCAF) has announced a $25 million investment into Alcazar Energy Partners II, a fund providing early-stage equity financing to develop, construct and operate renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia. This commitment is in parallel to EIB Global, the dedicated arm for […] Read more
Recessionary Pricing Has Hit Big Global Wind Projects: Rethink Energy Report Updated On Wed, Nov 16th, 2022 by Saurenergy Rethink Energy has come up with a new report which says that it turns out that recessionary pricing has indeed taken its toll on large global wind projects. Rethink Energy said that the wind industry has hit several speedbumps in the last few months, illustrated by the poor results for third quarter of 2022 published […] Read more
Sunsure Energy Commissions 74 MW Industrial Solar Park Updated On Wed, Nov 16th, 2022 by Saurenergy In the Tamil Nadu district of Tirunelveli, a 74 MWp Open Access Solar Power Plant was built by Gurugram-based Sunsure Energy, a provider of whole solar solutions. With the completion of the project on September 25, 2022, Sunsure has installed 250 MW of solar power throughout 16 Indian States. For this project, Sunsure Energy is […] Read more
A South American Success Story In Renewables – Chile Updated On Wed, Nov 16th, 2022 by Saurenergy South American nation Chile has emerged as a surprise success story when it comes to adding renewables. The country has nearly 22 per cent of its electricity demand met by solar and wind farms. The country is an over-achiever, making impressive progress since 2008, the year Chilean Law set the Non-Conventional Renewable Energy Target to […] Read more
Renewable Intelligence Platform Clir Renewables Adds 13 GW Projects in Oct Updated On Tue, Nov 15th, 2022 by Saurenergy Clir Renewables, the Canada-based market intelligence platform for wind and solar, has announced four new multi-farm contracts signed in October, signaling a significant increase in demand for its performance and risk intelligence services across wind and solar. Encompassing Clir’s Portfolio, Risk and M&A offerings, which all leverage the world’s largest operational dataset of close to […] Read more
Mexico Targets Greater Cuts in Emissions, Expansion in Renewables Updated On Tue, Nov 15th, 2022 by Saurenergy The COP27 is motivating governments across the world to declare higher environmental goals; most of the time accompanied by expansion in renewables to decarbonise their economies. In a fresh case, Mexico has announced that it will raise its target for cutting greenhouse gas (GHG) emissions and also provide much boost to the rollout of renewable […] Read more
Vedanta backed Serentica Renewables, Greenko Group In1500 MWhr Industrial Storage Deal Updated On Mon, Nov 14th, 2022 by Saurenergy Vedanta resources backed Serentica Renewables, a decarbonization platform that seeks to accelerate the energy transition for energy-intensive industries, has entered into an agreement with Greenko Group, to source 1500MWhr energy storage capacity through Greenko’s pumped storage projects located in India. As part of this partnership, Serentica will capitalise on Greenko’s energy storage capacity from its […] Read more
Will Hydrogen Contribute Toward Energy Transition Of India? Updated On Mon, Nov 14th, 2022 by Saurenergy The first few days of CoP27 have shown quite an enthusiasm for the potential of hydrogen to the energy transition. Government and private leaders have endorsed hydrogen as an opportunity and solution to decarbonise the economy. While the countries in the Middle East and North Africa (MENA) region are eager to exploit the potential of […] Read more
Singapore’s Sembcorp Signs Pact To Acquire Vector Green Energy For Rs 2780 Crore Updated On Mon, Nov 14th, 2022 by Saurenergy Singapore-based Sembcorp Industries has announced that its wholly-owned subsidiary, Sembcorp Green Infra Limited, has signed an agreement with India Infrastructure Fund II to acquire 100 per cent interest in Vector Green Energy Private Limited for a base equity consideration of approximately Rs 2780 crore (approximately S$474 million). India Infrastructure Fund II is a fund managed […] Read more
