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
Aquila Clean Energy to Invest EUR 2 Bn for 2.6 GW RE Projects Updated On Fri, Sep 9th, 2022 by Saurenergy Aquila Clean Energy EMEA, the clean energy development platform in Europe of Aquila Capital, has announced that it has closed a EUR 1 billion construction facility, supported by the InvestEU programme. The financing is to support development and construction of Aquila Clean Energy’s entire renewable energy pipeline in Spain and Portugal over the next three […] Read more
WEnergy Global & Partners Win Biggest Tender for Power Grids in Philippines Updated On Fri, Sep 9th, 2022 by Saurenergy Singapore’s WEnergy Global, jointly with Maharlika Clean Power Holdings and Clean Grid Partners, collectively referred to as the Maharlika Consortium, through their Special Purpose Vehicle, Archipelago Renewables Corporation, has signed a Qualified Third Party (QTP) Service Contract to energize over 7,100 households and 300 small local businesses through 16 microgrids spread over 14 barangays in […] Read more
RWE Renewables Wins German North Sea Wind Auction for 980 MW Project Updated On Thu, Sep 8th, 2022 by Saurenergy New York-based RWE Renewables Offshore HoldCo Four GmbH has won a tender from the German Government for the development of an offshore wind energy farm of capacity of 980 MW in the German North Sea. RWE had proposed to develop the wind farm in N-7.2 Zone that too without availing the state subsidies. Klaus Müller, […] Read more
GE Renewable to Supply Wind Turbines to Japan Updated On Thu, Sep 8th, 2022 by Saurenergy GE Renewable Energy, a French wind turbine maker, has announced that it has been selected as the supplier for the Fukaura Wind Farm by Green Power Investment (GPI) in Fukaura Town, Aomori Prefecture, Japan. The project, which will feature 19 units of 4.2-117 onshore wind turbine of GE, represents company’s third project with GPI in […] 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
Suzlon Gets 180.6 MW Wind Energy Project from Sembcorp in Karnataka Updated On Thu, Sep 8th, 2022 by Saurenergy Suzlon Group has announced a new order win for the development of a 180.6 MW wind power project for Green Infra Wind Energy Limited, which is a renewable energy subsidiary of Sembcorp. Under the new order, Suzlon will install 86 wind turbine generators with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of […] Read more
Adani Announces Three Gigafactories as Part of $70 Billion Investment Updated On Thu, Sep 8th, 2022 by Saurenergy The Chairman and Founder of Adani Group, Gautam Adani has said that his company, Adani Group, will be investing in the construction of three giga-factories that will manufacture key equipment required for the expansion of renewable energy. The three gigafactories will be part of the $ 70 billion investment by the group in clean and […] Read more
Canada’s Zinc8 Produces its First Zinc-Air Batteries for US Market Updated On Wed, Sep 7th, 2022 by Saurenergy Canada-based energy solution provider company, Zinc8 has announced recently its first commercial production facility (zinc air batteries) will be built in New York. The recently released US Inflation Reduction Act (IRA) manufacturing production credits offer distinct and direct benefits to Zinc8, impacting its production plans in the US, according to a thorough study performed by […] Read more
