Mainstream Power Closes $580 Mn Renewable Financing Deal in Chile Updated On Wed, Nov 6th, 2019 by Saurenergy Mainstream Renewable Power has reached financial close for the 1st phase of its wholly-owned and fully-contracted 1.3 GW wind and solar platform in Chile. Mainstream Renewable Power has reached financial close for the first phase of its wholly-owned and fully-contracted giant 1.3 gigawatts (GW) “Andes Renovables” wind and solar power generation platform in Chile. The […] Read more
Shell to Boost Floating Wind Expertise Via EOLFI Acquisition Updated On Wed, Nov 6th, 2019 by Saurenergy However, the acquisition of EOLFI is subject to regulatory and ministerial approvals, which is expected to be completed during the month of December this year. With an aim to expand its renewable energy business and to get specialization in floating wind capabilities, Royal Dutch Shell has entered into an agreement to buy 100 percent shareholding in […] Read more
Growatt Strengthens Footprint in Mexico; Hikes Investment in 2 Yrs Updated On Wed, Nov 6th, 2019 by Saurenergy Now, in order to further strengthen its market position, the inverter manufacturer has started providing professional training to its local partners. With an aim to strengthen its presence in the Mexican market, Chinese photovoltaic (PV) inverters maker, Growatt, is expanding its business activities including investment and training in Mexico. Recently, the inverter major conducted its […] Read more
Apple led Consortium to Purchase Wind Energy in Texas Updated On Wed, Nov 6th, 2019 by Saurenergy Apple, eBay, Samsung, and Sprint have announced a joint agreement to purchase power from a new wind farm developed by Apex Clean Energy in Texas Apple, eBay, Samsung, and Sprint have announced a joint agreement to purchase power from a new wind farm owned and developed by Apex Clean Energy in Texas. The transaction—spearheaded by […] Read more
Australia’s 1st Offshore Wind Project Step in the Right Direction: IEEFA Updated On Wed, Nov 6th, 2019 by Saurenergy Australia’s first offshore wind project in Victoria is a step in the right direction despite the over investment, a new note has revealed. The ‘Star of the South’ off Austalia’s coast, a massive 2.2 gigawatts (GW) offshore wind capacity proposal and will be Australia’s largest electricity project and worth reportedly USD 8 billion in investments, […] Read more
Ørsted Issues Green Bonds Worth $394 mn in Taiwan Updated On Wed, Nov 6th, 2019 by Saurenergy Ørsted has secured nominal USD 394 million through the issuance of green senior bonds, to finance its investments in offshore wind in Taiwan. The World’s largest offshore wind energy developer, Ørsted has announced that it has secured nominal Taiwanese Dollars (TWD) 12 billion (USD 394 million) through the issuance of green senior bonds, to finance […] Read more
French Energy Major EDF Bets on Storage With Pivot Power Buy Updated On Tue, Nov 5th, 2019 by Saurenergy French utility EDF continues to invest in a future where it expects storage to play a critical role, by acquiring UK battery storage firm Pivot Power. For EDF, the acquisition is another step in its effort to become a large scale storage firm. The takeover of Pivot Power also follows EDF’s acquisition in September 2018 […] Read more
Genie Energy Solar Arm Bags Module Supply Order from JPMorgan Chase Updated On Tue, Nov 5th, 2019 by Saurenergy Prism Solar Technologies (Prism Solar), a solar manufacturing arm of Genie Energy, has secured an order from JPMorgan Chase to supply solar modules for the installation at its facilities. The company said in a statement that, “Genie Energy Ltd announced that its solar manufacturing subsidiary, Prism Solar Technologies, has received additional purchase orders from JPMorgan […] Read more
Automotive Li-ion Battery Market Projected to $74.3 Bn by 2024, Report Updated On Mon, Nov 4th, 2019 by Saurenergy As per the P&S Intelligence market research report, the automotive lithium-ion battery market size was valued at USD 24.2 billion last year. The market share for automotive lithium-ion (li-ion) battery is projected to reach USD 74.3 billion by 2024, progressing at a CAGR of 15.9 percent during (2019-2024), said the market research report. As per the P&S […] Read more