AEP to Proceed With Wind Projects Investments, Despite Texas Com’n Decision Updated On Fri, Jul 3rd, 2020 by Saurenergy American Electric Power (AEP) has announced that while the Public Utility Commission of Texas has denied the approval of Southwestern Electric Power Co.’s (SWEPCO) plan to add 309 megawatts (MW) of wind energy to serve Texas customers, AEP has received the other regulatory approvals needed to acquire the entire planned 1,485 MW of North Central […] Read more
Siemens Gamesa to Shut Navarro Plant Amid Challenging Market Conditions Updated On Wed, Jul 1st, 2020 by Saurenergy Siemens Gamesa has decided to shut down its Navarro factory, which is not competitive in the market environment to produce blades for large turbine models. Siemens Gamesa Renewable Energy, one of the leading wind turbine supplier globally, has announced that the company needs to adapt to the challenging market conditions of the wind industry, characterised by […] Read more
EMT and Iberdrola’s i-DE Agree to Electrify Madrid’s Urban Bus Network Updated On Mon, Jun 29th, 2020 by Saurenergy EMT and i-DE, Iberdrola’s electrical distribution company, have agreed to work together on the electrification of the urban bus network in Madrid. The Madrid Municipal Transport Company (EMT) and i-DE, Iberdrola’s electrical distribution company, have agreed to work together on the electrification of the urban bus network in the city of Madrid, with the aim of consolidating […] Read more
KKR Acquires Stake in Philippines Based Power Producer ‘First Gen’ Updated On Mon, Jun 29th, 2020 by Saurenergy KKR has accepted all of the 427,041,291 common shares of First Gen, representing approximately 11.9 percent of its outstanding common shares. Global investment firm KKR has announced that, following the completion of the voluntary tender offer period by Valorous Asia Holdings, an entity owned by KKR investment funds, the Offeror has accepted all of the […] Read more
Tucson Electric Mulls to Supply 70% Electricity via Renewable to achieve CO2 Reduction Targets Updated On Sat, Jun 27th, 2020 by Saurenergy In a significant development, Arizona-based electric utility company, Tucson Electric Power (TEP), is mulling to supply over 70 per cent of its electricity from wind and solar energy resources. The move is seemed to be as part of its clean energy plan in which it is targeted to trim 80 per cent of its carbon […] Read more
Utility-Scale Solar Remains Off-Limits Across Solar Rich Southwest US: IEEFA Updated On Fri, Jun 26th, 2020 by Saurenergy The largest property owner in the US—the Bureau of Land Management (BLM)—has acreage set aside for utility-scale solar development on only 0.03 percent of the roughly 100 million acres it manages across the sun-rich Southwest, finds a report published by the Institute for Energy Economics and Financial Analysis. The report—Federal Land Agency Lags on Solar Development Approvals […] Read more
Inadequate Policy Support for RE Startups and SMEs in India: WWF India Updated On Fri, Jun 26th, 2020 by Saurenergy There are only a handful of policies that help accelerate the growth of RE startups and SMEs to meet India’s clean energy demands, finds a new report. While India’s move towards clean energy transition has led to the emergence of various startups and Small and Medium Enterprises (SMEs), there are only a handful of policies that help […] Read more
Amazon’s Carbon Footprint grows 15% With Active Green Pledges Updated On Thu, Jun 25th, 2020 by Saurenergy Amazon has announced that its carbon footprint rose 15 percent even as it launched several initiatives to reduce its harm on the environment. Global e-commerce major Amazon has announced that its carbon footprint rose 15 percent even as the firm launched several initiatives to reduce its harm on the environment. The firm revealed that it […] Read more
NTPC Secures another PMC Contract to Develop 500 MW Solar Park in Mali Updated On Wed, Jun 24th, 2020 by Saurenergy Adding more heft to its renewable ambitions to transition from a coal burning major, the country’s largest power generation utility NTPC has secured another Project Management Consultancy (PMC) contract for the development of 500 MW solar park in the Republic of Mali under the ISA initiative. This is the second project where a central PSU […] Read more
