Vistra to Close Coal Plant in 2022 as it Transitions to a Cleaner Future Updated On Wed, Apr 7th, 2021 by Saurenergy Vistra seeks to invest over $550 million across central and southern Illinois to build zero-emission renewable energy centers at plant sites Vistra and its subsidiary, Electric Energy, Inc., are today announcing the retirement of the Joppa Power Plant by Sept. 1, 2022, three years earlier than previously disclosed. The revised closing date is part of an agreement […] Read more
Backlog of Unsigned PSAs Risk Slowing India’s Renewable Energy Growth Updated On Wed, Apr 7th, 2021 by Saurenergy Delays in signing PSAs are a bottleneck in the growth of renewable energy capacity in India, jeopardising the 175 GW by 2022 target Delays in signing power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, jeopardising the government’s renewable energy target of 175 gigawatts (GW) by 2022, dampening […] Read more
Electricity Market at IEX Records All-time High Volume of 8248.52 MU in March 2021 Updated On Wed, Apr 7th, 2021 by Saurenergy The electricity market at IEX achieved an all-time high volume of 8248.52 MU in the month of March 2021 Spurred by the increasing demand for electricity across the various States, the electricity market at Indian Energy Exchange (IEX) achieved an all-time high volume of 8248.52 MU in the month of March 2021 surpassing all the […] Read more
Dr. Rahul Walawalkar-IESA Appointed to CERC’s Central Advisory Committee Updated On Wed, Apr 7th, 2021 by Saurenergy CERC has selected Dr. Rahul Walawalkar, President of IESA to be a part of the Central Advisory Committee (CAC) of the power regulator The Central Electricity Regulatory Commission (CERC), the power sector regulator in India has appointed Dr. Rahul Walawalkar, President, India Energy Storage Alliance (IESA), India’s leading alliance on energy storage & e-mobility to […] Read more
ECP Announces Closing of $1.2 Bn Continuation Fund for RE Platform Terra-Gen Updated On Tue, Apr 6th, 2021 by Saurenergy ECP today announced the successful completion of its first Continuation Fund with $1.2 billion in capital commitments, and the closing of the fund’s subsequent acquisition of the remaining 50% interest held by ECP’s third fund, ECP III, in Terra-Gen (the “Company”), a leading renewable energy developer and operator. ECP previously sold a 50% stake in the Company […] Read more
Plug Power led Consortium Pledges $320 Mn to new Clean Hydrogen Fund Updated On Tue, Apr 6th, 2021 by Saurenergy Plug Power, Chart Industries, and Baker Hughes intend to become cornerstone investors in the formation of the FiveT Hydrogen Fund Plug Power, Chart Industries, and Baker Hughes have announced their intention to become cornerstone investors in the formation of the FiveT Hydrogen Fund, a unique new clean-hydrogen-only private infrastructure fund dedicated to delivering clean hydrogen infrastructure projects […] Read more
Tata Power & Social Alpha Invest in Smart Energy Management Startup ‘URJA’ Updated On Tue, Apr 6th, 2021 by Saurenergy Tata Power & Social Alpha invest in Industrial IOT startup ‘URJA’ – an innovative solution consisting of Smart Sensors and Analytics platform Tata Power and Social Alpha have announced an investment in Industrial IOT startup ‘URJA’ – an innovative solution consisting of Smart Sensors and Analytics platform founded by Saurabh Jhamb and Anant Jhawar in […] Read more
World Adds Record new Renewable Energy Capacity in 2020: IRENA Updated On Tue, Apr 6th, 2021 by Saurenergy According to IRENA, the world added more than 260 GW of renewable energy capacity last year, exceeding expansion in 2019 by close to 50%. Global renewable energy capacity additions in 2020 beat earlier estimates and all previous records despite the economic slowdown that resulted from the COVID-19 pandemic. According to data released today by the […] Read more
Nexamp Taps Mark Frigo to Lead Growing Energy Storage Business Updated On Tue, Apr 6th, 2021 by Saurenergy Nexamp, a leading renewable energy generation and energy storage solutions provider has announced that it is accelerating the growth of its energy storage portfolio with the addition of Mark Frigo as Vice President of Energy Storage. Frigo brings deep industry experience in developing and implementing utility-scale and commercial energy storage projects. As energy storage plays […] Read more
