Sungrow Supplies a 100 MW Energy Storage Project in Texas Updated On Sat, Jan 23rd, 2021 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, announced that it has forged a contract to supply its fully integrated Energy Storage System to the 100 MWac Chisholm Grid project in Fort Worth, Texas. Chisholm Grid has been under construction since August of 2020 and will be one of the largest battery energy storage […] Read more
IRENA Members endorse launch of Global High-Level Forum on Energy Transition Updated On Fri, Jan 22nd, 2021 by Saurenergy New trend-setting platform aims to spur energy transition as integral part of COVID-19 recovery IRENA’s Members overwhelmingly approved the establishment of a new, vision-building Global High-Level Forum on Energy Transition, using IRENA’s knowledge and convening powers to centre-stage energy transitions at the heart of an effective post-COVID recovery. The decision concludes the Agency’s annual Assembly […] Read more
European Renewable PPA Market Could Exceed 10 GW in 2021: Report Updated On Fri, Jan 22nd, 2021 by Saurenergy The European renewable PPA market is likely to exceed 10 GW in 2021, due to the growing offshore wind momentum throughout Europe and more. The European renewable energy power purchase agreement (PPA) market is likely to exceed 10 GW in 2021, due to continued momentum in Spain, the emergence of a strong subsidy-free market in […] Read more
Power System Overcapacity Problem in Bangladesh Getting Worse: IEEFA Updated On Fri, Jan 22nd, 2021 by Saurenergy Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note by IEEFA. Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA). Data from […] Read more
Lightsource bp Acquires 1.06 GW Solar Portfolio of RIC Energy in Spain Updated On Fri, Jan 22nd, 2021 by Saurenergy Lightsource bp has acquired a 1.06 gigawatt (GW) solar project portfolio distributed across Spain from RIC Energy Lightsource bp, a global leader in the development and management of solar energy projects, has acquired a 1.06 gigawatt (GW) project portfolio distributed across Spain from RIC Energy, a global developer of PV projects. Lightsource bp and RIC […] Read more
Solar now the Cheapest Source of new Power in Many Markets: WoodMac Updated On Thu, Jan 21st, 2021 by Saurenergy A new report finds that by 2030, solar will become the cheapest source of new power in every US state, plus Canada, China & 14 other nations The cost of solar power has dropped 90 percent over the last two decades, and will likely fall another 15 percent to 25 percent in the decade to […] Read more
MP set up Highest Number of Solar Pumps Under GKRA Scheme Updated On Thu, Jan 21st, 2021 by Saurenergy Madhya Pradesh set up the highest number of solar pumps under the PM Garib Kalyan Rojgar Abhiyan, per state Renewable Energy Minister Madhya Pradesh has set up the highest number of solar pumps in the country under the PM Garib Kalyan Rojgar Abhiyan, state New and Renewable Energy Minister Hardeep Singh Dang has said. “A total of 3,224 solar […] Read more
Pattern Energy Closes Financing of Largest Wind & Solar Energy Fund in Japan Updated On Wed, Jan 20th, 2021 by Saurenergy Pattern Energy Group LP (Pattern Energy) has announced that it has closed the financing of a USD 515 million fund, Green Power Renewable No. 1 Investment LP (the fund), the largest fund in Japan focused on wind and solar energy investments. Pattern Energy’s affiliate in Japan, Green Power Investment Corporation (GPI), will manage the fund and is also one […] Read more
Dominion Energy Acquires 150 MW Solar Project in Ohio from Invenergy Updated On Wed, Jan 20th, 2021 by Saurenergy Dominion Energy announced today that one of its subsidiaries has acquired the 150-megawatt (AC) Hardin solar generating facility, which recently entered service in Hardin County, Ohio, from Chicago-based Invenergy. Facebook will take the electricity generated at the facility as well as the renewable energy credits, under a long-term agreement signed prior to the project’s construction. “With this solar project, Dominion […] Read more
