Ontario Teachers’ to Invest $805 Mn of NextEra’s Renewable Energy Projects Updated On Wed, Nov 23rd, 2022 by Saurenergy Ace global investor Ontario Teachers’ Pension Plan Board (Ontario Teachers’) has said that it has signed an agreement to invest approximately $805 million in a convertible equity portfolio financing with NextEra Energy Partners. Ontario Teachers’ said that it is committed to the investment as part of the sale of renewable energy assets from NextEra Energy Resources, […] Read more
Sun Cable, Indonesian Govt Sign MoU To Unlock $150 Billion In Renewable Potential Updated On Tue, Nov 15th, 2022 by Saurenergy Australian solar and storage developer Sun Cable, which has been in the limelight for its massive plans to export renewable power generated in Australia to Singapore through a trans ocean power line, has entered into an MoU with the Indonesian government now, to unlock more than $150 billion in green industry growth in the archipelago. […] 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
Germany, Egypt Join Hands for Renewable Hydrogen Updated On Mon, Nov 7th, 2022 by Saurenergy Germany and Egypt have joined hands to partner for renewable hydrogen through an MoU. The agreement will also pave the way for bolstering trade in LNG. The partnership will be focused on the execution of projects for producing, processing, employing and transporting green hydrogen along with the promotion of a green hydrogen sector. Egypt and […] Read more
IRENA Study Calls Renewable Pathway More Cost Effective than Fossil Fuels in Indonesia Updated On Wed, Oct 26th, 2022 by Saurenergy A new study by the the International Renewable Energy Agency (IRENA) states that Indonesia’s untapped potential for renewable energy can help meet the growing demand and prove to be more cost effective when compared to its dependence on domestic and imported fossil fuels. The report entitled Indonesia Energy Transition Outlook, which has been jointly put […] Read more
ICIS Initiates Europe’s First Market-Linked Renewable Hydrogen Assessments Updated On Thu, Sep 29th, 2022 by Saurenergy ICIS, a global source of Independent Commodity Intelligence Services, has announced that it has launched the first hydrogen price assessments to reflect the market value of renewable electricity. ICIS said that this product will support participants with the intelligence needed to develop a liberalised clean hydrogen market and optimise energy transition resources. ICIS said that […] Read more
Saudi Arabia Sets Sights on Building Five Renewable Energy Projects Updated On Mon, Sep 26th, 2022 by Saurenergy The Kingdom of Saudi Arabia is building five new projects for the production of renewable electricity. As per reports, the total capacity of the combined five RE projects will be 3,300 MW. The Saudi Power Procurement Company (SPPC) had announced recently that solar and wind sources will be employed to generate electricity. The company has […] Read more
Citizens Financial Group to Source 100% Renewable Power from Ørsted Updated On Thu, Sep 22nd, 2022 by Saurenergy Rhode Islands-based Citizens Financial Group has announced that it has entered into a power purchase agreement (PPA) with Ørsted to support the construction of the Sunflower Wind Project that will match 100% of Citizens’ power consumption across its entire operational footprint with renewable energy credits. Citizens said the Sunflower Wind Project is a 200 MW […] Read more
BHE Renewables to Invest $500m in RE-Powered Site in West Virginia Updated On Wed, Sep 14th, 2022 by Saurenergy West Virginia Governor Jim Justice has announced that BHE Renewables, a Berkshire Hathaway Energy business, has entered into an agreement with the State of West Virginia to purchase more than 2,000 acres of land in Ravenswood, and develop it as a renewable energy microgrid-powered industrial site. The firm will be making an investment of $500m […] Read more
