Response to MSEDCL And RUMSL Tenders Indicates Resilience In Solar Market Updated On Fri, Jun 25th, 2021 by Saurenergy Two recent tenders, by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 500 MW of Wind-Solar Hybrid power, and another one by Madhya Pradesh’s RUMSL Agar Solar Park for 550 MW, have thrown up some pleasant surprises. Contrary to fears expressed by some Industry insiders we had spoken to last month, where they were […] Read more
Solar Gets Its Big Hitter In India As Reliance Announces Rs 75,000 Cr Investment Plan Updated On Thu, Jun 24th, 2021 by Saurenergy After hinting at big plans in the renewable energy sector last year, India’s largest private sector enterprise, Reliance Industries limited, has finally announced its plans. The company’s Chairman, Mukesh Ambani, picked the firm’s 44th Annual General Meeting (AGM) for its shareholders, as usual, to make the big announcements. The key announcements, and their implications for […] Read more
San Diego Intl. Airport to get 100% RE from San Diego Community Power Updated On Thu, Jun 24th, 2021 by Saurenergy San Diego International Airport (SAN) has decided to opt for the Power100 service offered by San Diego Community Power (SDCP), a not-for-profit community choice aggregation program, as a result of which SDCP will provide 100% renewable and carbon-free energy to SAN. The airport served 25 million passengers in 2019, making it the busiest single-runway commercial […] Read more
U.S. Renewable Firm BrightNight Enters Indian Energy Sector Updated On Thu, Jun 24th, 2021 by Saurenergy US-based renewable company BrightNight announced yesterday its entrance into India’s energy market with two key hires located in New Delhi — Sajay KV has joined as India CEO and Naveen Khandelwal has joined as India COO and CFO. Combined, BrightNight’s new India management team members have contributed to the delivery of 10 GW of renewable […] Read more
Acciona Recycles Nissan’s Car Batteries to Store Solar Energy in Spain Updated On Wed, Jun 23rd, 2021 by Saurenergy Acciona, a multinational renewable energy conglomerate, has connected Spain’s first renewable storage plant using recycled batteries to the grid at the company’s experimental photovoltaic park in Tudela (Navarre). The set of four second-life batteries, with a combined capacity of 130kWh, will store the energy obtained from the 1.2MWp plant to later inject it into the grid […] Read more
Recurrent Energy’s Storage Footprint Grows in US, 11 GWh in Pipeline Updated On Wed, Jun 23rd, 2021 by Saurenergy Recurrent Energy, LLC, a wholly-owned subsidiary of Canadian Solar Inc. announced yesterday that it has expanded its energy storage footprint in the United States with several leading Battery Energy Storage Systems (BESS) contracted to be built in 2021 and 2022. These projects span retrofits as-a-service, solar plus storage PPAs, and stand-alone storage tolling agreements. California’s […] Read more
Fortum Divests 500 MW Indian Solar Assets To Investor Actis Updated On Wed, Jun 23rd, 2021 by Saurenergy Actis, the global emerging markets investment firm focused on the private equity, energy, infrastructure, and real estate asset classes is acquiring 500 MW assets of Finnish firm Fortum in India. The news was first reported in business daily, Economic Times. Actis has a growing portfolio of investments across Asia, Africa, and Latin America and US$12 […] Read more
FIMER Launches 2 New Platforms for Utility PV Market Updated On Wed, Jun 23rd, 2021 by Saurenergy Leading solar inverter supplier FIMER has announced the launch of two new platforms for the utility-scale sector – a high-power multi-MPPT string inverter and a modular conversion solution – which are designed to cater for both decentralized and centralized applications covering 100 percent of utility applications. With the most recent Renewable Energy Market Update from the International Energy […] Read more
Facebook Attained Net Zero Goal, 100% RE for Global Operations in 2020 Updated On Tue, Jun 22nd, 2021 by Saurenergy California-headquartered social media giant Facebook yesterday released its 2020 Sustainability Report, claiming that the company had met its goals of reaching net zero emissions and 100% renewable energy for its global operations. “We also reduced our greenhouse gas emissions by 94% from 2017 levels, exceeding our goal of a 75% reduction”, said the social media […] Read more
