AEP Energy and GEG Signs PPA For 1.65 GW Solar Project Updated On Thu, May 6th, 2021 by Saurenergy US based electric energy supplier and a subsidiary of American Electric Power, AEP Energy has signed a Power Purchase Agreement (PPA) with Global Energy Generation LLC, a developer of renewable energy projects in the Midwest and Mid-Atlantic regions. The PPA has been signed for a 1.65 gigawatt (GW) Mammoth Solar 1 project in Indiana. What […] Read more
Demand for Clean Minerals to Rise while Pursuing ‘Net-zero’ Goals: IEA Updated On Thu, May 6th, 2021 by Saurenergy In the most comprehensive global study yet, IEA shows need for government action to ensure reliable, sustainable supplies of elements vital for EVs, power grids, wind turbines and other key technologies Supplies of critical minerals essential for key clean energy technologies like electric vehicles and wind turbines need to pick up sharply over the coming […] Read more
Adani Green Energy Posts 136% Increase in Cash Profit for FY21 Updated On Thu, May 6th, 2021 by Saurenergy Adani Green Energy, a part of the Adani Group, has announced its financial results for the quarter and financial year ended March 31, 2021. The company has reported strong numbers across its value chain including cash profit and awarded capacity in national tenders. Financial Performance: The firm reported that revenue from Power Supply in FY21 […] Read more
Meghalaya to Empanel Developers for Renewable Energy Projects Updated On Thu, May 6th, 2021 by Saurenergy Meghalaya has issued an EOI for the empanelment of developers for setting up renewable energy projects under different models in the state. The Power Department of the Government of Meghalaya has issued an Expression of Interest (EOI) for the empanelment of firms/ developers for setting up renewable energy projects including hydro, solar, wind, and biomass […] Read more
Tri Global Energy Advances 175 MW West Texas Wind Project Updated On Wed, May 5th, 2021 by Saurenergy Tri Global Energy, an independent renewable energy originator and developer, today announced the sale of its 175 MW West Texas wind project, Appaloosa Run, in southeast Upton County near the county seat of Rankin, Texas. Comprised of approximately 12,300 leased acres, the project’s land is privately owned by a single landowner and Texas’s largest university system, the University of Texas. Tri […] Read more
San Diego Community Power and RAI Energy Announce Integrated 100 MW Solar Energy and 150 MW Storage Project Updated On Wed, May 5th, 2021 by Saurenergy San Diego Community Power (SDCP), the not-for-profit community choice energy program serving five cities in the San Diego region, entered into a power purchase agreement with an affiliate of RAI Energy International, Inc. (RAI Energy), the Silicon Valley-based global renewable energy development company. The project is located in Imperial County, California and is an integrated 100 megawatt (MW) photovoltaic solar energy […] Read more
Mitsubishi Power and Powin Partner to Enhance California’s Grid Reliability with Two Battery Energy Storage Projects Updated On Wed, May 5th, 2021 by Saurenergy Southern Power has awarded Mitsubishi Power Americas, Inc. and Powin, LLC an order for two utility-scale battery energy storage system (BESS) projects totaling 640 megawatt hours (MWh). These projects will enhance California’s grid reliability with additional flexible resource capacity for integrating intermittent renewable energy into the grid. The BESS projects are among the first collocated […] Read more
SHV Energy Acquires Majority Stake in Indian C&I Solar Firm SunSource Updated On Wed, May 5th, 2021 by Saurenergy SHV Energy will invest in SunSource Energy, a leading provider of distributed energy for C&I customers in India SHV Energy has announced that it will invest in SunSource Energy, a leading provider of distributed energy for commercial and industrial (C&I) customers in India with a presence across South-East Asia. SHV Energy’s acquired majority stake is […] Read more
European Commission Approves €400 Mn Renewable Energy aid for Denmark Updated On Wed, May 5th, 2021 by Saurenergy The European Commission has approved an aid scheme worth EUR 400 million to help Denmark reach its renewable energy targets The European Commission has approved, under EU State aid rules, a Danish aid scheme to support electricity production from renewable sources. The measure will help Denmark reach its renewable energy targets without unduly distorting competition […] Read more