Daiwa Energy to Acquire 40% Stake in Renewables Investment Firm Aquila Capital Updated On Sat, Dec 7th, 2019 by Saurenergy Daiwa Energy has announced that it has decided to enter into a strategic partnership with Aquila Capital to acquire a 40 percent stake in the company. Tokyo headquartered Daiwa Energy and Infrastructure (DEI) has announced that it has decided to enter into a strategic partnership with Aquila Capital Holding to acquire a 40 percent stake […] Read more
EIB and Hydrogen Council Sign Agreement to Finance Hydrogen Projects Updated On Fri, Dec 6th, 2019 by Saurenergy EIB and Hydrogen Council to collaborate on the development of innovative schemes to finance hydrogen projects to address climate change. The Hydrogen Council, a global initiative of CEOs representing energy, transport, and industry organisations advocating for the accelerated deployment of hydrogen solutions, and the European Investment Bank (EIB), one of the world’s largest providers of […] Read more
Engie Inaugurates Egypt’s Largest and First Private Wind Project Updated On Fri, Dec 6th, 2019 by Saurenergy Engie has now inaugurated the 262.5 MW Ras Ghareb wind park, Egypt’s first private and now the largest wind farm. Engie has announced that the firm and its consortium partners have now inaugurated the 262.5 MW Ras Ghareb wind park, Egypt’s first private and now the largest wind farm. Ras Ghareb project started commercial operation […] Read more
Geronimo Energy Begins Operation on 200 MW South Dakota Wind Farm Updated On Fri, Dec 6th, 2019 by Saurenergy Geronimo Energy has announced the start of the commercial operations for its Crocker Wind Farm, a 200 MW wind energy project located in South Dakota. Geronimo Energy, a wholly-owned subsidiary of National Grid Plc, has announced the start of the commercial operations for its Crocker Wind Farm, a 200 megawatt (MW) wind energy project located […] Read more
BlackRock Achieves $1 bn Record 1st Close for its Global Renewables Fund Updated On Thu, Dec 5th, 2019 by Saurenergy BlackRock has achieved a USD 1 billion first close for its GRP III renewables fund with commitments from 35 investors in North America, Europe and Asia. BlackRock Real Assets has announced that it has achieved a USD 1 billion first close for its Global Renewables Power III fund (GRP III) with commitments from over 35 […] Read more
1190 MW of Solar and 590 MW Storage Approved in Nevada Updated On Thu, Dec 5th, 2019 by Saurenergy PUCN has approved NV Energy’s Integrated Resource Plan, which will bring an additional 1190 MW of new solar projects and 590 MW of energy storage to Nevada. The Public Utilities Commission of Nevada (PUCN) has approved NV Energy’s Integrated Resource Plan, which will bring an additional 1,190 megawatts (MW) of new solar renewable energy projects to Nevada – enough […] Read more
Covestro Signs World’s Largest Corporate PPA for Offshore Wind Power Updated On Thu, Dec 5th, 2019 by Saurenergy Covestro has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind turbines with Ørsted. German firm Covestro, which produces specialty chemicals for heat insulation foams and transparent polycarbonate plastics, has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind […] Read more
Is Corporate India Ready for Renewable Power Consumption? Updated On Thu, Dec 5th, 2019 by Saurenergy A new report by WWF India reviews the progress made by Corporate & Industrial consumers globally and in India for renewable power procurement In India, commercial and industrial (C&I) consumers utilise 51 percent of the total generated power. Of this, a mere 3 percent is from renewable energy. A new WWF-India report, ‘Global Corporate Renewable […] Read more
Sembcorp to Increase Stake in Sembcorp Energy India Limited to 100% Updated On Thu, Dec 5th, 2019 by Saurenergy Sembcorp Utilities has entered into a non-binding term sheet with its local Indian partner to acquire the remaining 5.95% stake in Sembcorp Energy India Ltd Sembcorp Industries has announced that its wholly-owned subsidiary Sembcorp Utilities has entered into a non-binding term sheet with its local Indian partner, Gayatri Energy Ventures, a wholly-owned subsidiary of Gayatri […] Read more