Adani Green Raises $200 Mn Through Yen-Denominated Refinancing Deal Updated On Fri, Dec 2nd, 2022 by Saurenergy Adani Green Energy Ltd (AGEL) has raised a Japanese yen-denominated loan to refinance its current debt for 350 MW of solar projects in the Indian state of Andhra Pradesh. This was done through its subsidiary Adani Solar Energy AP Six. The facility consists of an amortizing project loan for JPY 27,954 million ($200 million), with […] Read more
Meta & D. E. Shaw Renewable Sign 200 MW Clean Power Project in Arkansas Updated On Thu, Dec 1st, 2022 by Saurenergy The signing of a long-term renewable energy offtake deal with Meta was recently announced by D. E. Shaw Renewable Investments (DESRI), a significant U.S. producer of renewable energy. To come up in Phillips County, Arkansas, the Long Lake Project (also known as Long Lake) will be a 200 MWac project. To meet the region’s expanding […] Read more
India’s Policy Framework For Low-Carbon Electricity Generation Updated On Thu, Dec 1st, 2022 by Saurenergy India recently submitted its Long-term Low-Carbon Development strategy to the requirements of the Paris Agreement. The South Asian country aims to go carbon-neutral by 2070, requiring adopting new technological developments while taking care of all the associated risks. For this, the Policy framework that the country adopts will matter the most in its transition to […] Read more
Google, Microsoft Sign New Pacts to Employ Renewables in Data Centres Updated On Mon, Nov 28th, 2022 by Saurenergy IT conglomerates Google and Microsoft are increasingly opting for ways to decarbonise their businesses and help timely transition to green and clean energy. In a fresh development, both the companies have announced the signing of new agreements that will help them lower carbon footprint of their IT operations by the employment of renewable energy in […] Read more
New Features Added to Fronius Wattpilot E-Car Charger Updated On Fri, Nov 25th, 2022 by Saurenergy Fronius Wattpilot, a E-car charger from Fronius, an Austrian solar energy solutions provider, offers exciting features such as load control, better adaptability, a stronger IP rating, and greater sustainability The firm says that true to its sustainability approach, the components from Europe are used to prevent lengthy transport routes, which significantly contributes to value creation. […] Read more
Germany’s ib vogt Begins Construction on Spain Project, Signs PPA with Google Updated On Thu, Nov 24th, 2022 by Saurenergy German’s turnkey PV plants provider, ib vogt has started construction on the 149 MWp Garnacha solar power plant located in the province of Zamora in Spain. The project signed a power purchase agreement (PPA) with Google for a period of 12 years, signaling the first major collaboration between ib vogt and Google. With a €90m […] Read more
NLC India Strives for 6 GW Renewables Capacity at Decade-End Updated On Thu, Nov 24th, 2022 by Saurenergy India’s public sector is bullish on the renewable energy segment; all credit to government efforts and the deep pockets of the enterprises. In a fresh development, NLC India Ltd – a state-owned enterprise formerly called Neyveli Lignite Corporation – is now looking to swell up its renewable energy generation capacity to more than 6 GW […] Read more
RUMSL Floats Consultancy Tender for Morena Hybrid Project Updated On Wed, Nov 16th, 2022 by Saurenergy Rewa Ultra Mega Solar (RUMSL) has floated a consultancy tender for preparing a detailed project report (DPR) to develop the Morena wind-solar hybrid project with energy storage in Madhya Pradesh. RUMSL is a partnership between Madhya Pradesh Urja Vikas Nigam and the Solar Energy Corporation of India (SECI) to build solar parks throughout the state. […] Read more
New Commitments for ETAF at COP 27; Developing Countries to Benefit Updated On Tue, Nov 15th, 2022 by Saurenergy In a key development to bolster renewables, three new partners have officially joined the Energy Transition Accelerator Financing Platform (ETAF), IRENA’s global climate finance platform aimed at mobilising capital to scale up renewable project funding in developing countries by 2030. Cooperation agreements with the Asian Infrastructure Investment Bank (AIIB), Masdar and Swiss Re were signed […] Read more