Coping With Volatility- The New Reality Of EPC Contracts Updated On Thu, Oct 6th, 2022 by Saurenergy Engineering, procurement and construction (EPC) firms are operating in an environment of uncertain, complex and ambiguous conditions. They are hit hard by rising commodity prices and cost escalation, exacerbating pressure on margins. The need of the hour is to work transparently and find collaborative solutions to arrive at win-win solutions to manage volatility. Total installed […] Read more
Ex-Orsted Executive Launches Renewable Energy Platform with US$100M Updated On Sat, Sep 17th, 2022 by Saurenergy Declan Flanagan, former CEO of Orsted Onshore, has announced the launch of Bluestar Energy Capital, along with a $100 million for the development of greenfield renewable energy projects. In addition to Flanagan, other investors include S2G Ventures and Great Bay Renewables . As part of the transaction Aaron Rudberg, COO of S2G, and Frank Getman, […] Read more
Orsted Acquires Ostwind; Eyes Key Markets in Europe Updated On Mon, Jul 25th, 2022 by Saurenergy Renewable energy player Orsted has announced the signing of an agreement with Germany based Ostwind, a leading German developer, owner, and operator of onshore wind and solar power projects in Germany and France. For a consideration of EUR 689 million, Orsted will acquire a 100 % equity interest in OSTWIND Erneuerbare Energien GmbH, OSTWINDpark Rotmainquelle GmbH & […] Read more
NMDC Looking To Invest In Renewable Energy Sources Updated On Mon, Jul 11th, 2022 by Saurenergy Mining major National Mineral Development Corporation (NMDC) has set its sights on investment in the renewable energy sector. The information comes from Sumit Deb, Chairman and Managing Director (CMD) of NMDC. The top official of the Central PSU affirmed the quest of NMDC to invest in the renewable energy sector as he said that the […] Read more
Masdar To Begin Soon On 1 GW Solar Power Project In Iraq Updated On Tue, Jun 28th, 2022 by Saurenergy The renewable energy party has finally arrived in Iraq, one of the last major oil exporters to adopt solar in a big way. In an effort to decarbonize the economic system of the country and mitigate the climate change risks, the country has finally been bidding out contracts for solar plants. In a fresh development, […] Read more
20 MW Solar+BESS Project From JCM Power, InfraCo Africa Is Malawi’s First BESS project Updated On Thu, Jun 2nd, 2022 by Saurenergy In a fresh development marking a milestone in the renewable energy development in the Sub-Saharan region of Africa, JCM Power and InfraCo Africa have said that the Golomoti Solar PV and Battery Energy Storage System (BESS) project in the Dedza district in Malawi now stands commissioned. The official announcement by both the players reveal that […] Read more
Iraq investing $680 million in renewable energy projects Updated On Thu, May 26th, 2022 by Saurenergy Iraq authorities have approved an expenditure of one trillion Iraqi dinars or $680 million for the expansion and development for renewable power projects in order to reduce the dependence of imported power and enhance the use of RE in the country. The Central Bank of Iraq had planned to allocate the funds for solar power […] Read more
GUVNL Issues Tender For 500 MW Non-Park-based Solar Power Projects Updated On Tue, Apr 19th, 2022 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL), the state electricity regulation board of Gujarat, has issued a Request for Selection (RfS) for procurement of power through Competitive Bidding from 500 MW Non-Park based Solar Power Projects with a Greenshoe option of an additional 500 MW. Prices are likely to be in the range of Rs 2.45 […] Read more
Oriano Clean Energy to Develop 40MWp Solar Power Projects for Shree Cement Updated On Tue, Apr 12th, 2022 by Saurenergy Mumbai based clean tech company Oriano Clean Energy Private Limited has announced that it has secured an order from Rajasthan based Shree Cement Limited (SCL) to develop about 40 MWp of solar power projects under Captive Open Access Mechanism. The contract is specifically for the building of solar PV projects of 30 MWp (2 x […] Read more
