Auctioned Wind Power Saw 160% YoY Rise in Q1 2021: GWEC Updated On Mon, May 31st, 2021 by Saurenergy According to the latest GWEC Market Intelligence, nearly 7 GW of wind power capacity was auctioned globally in Q1 2021 – a 160% year-on-year increase compared to Q1 2020, which saw only 2.7 GW auctioned due to a slowdown caused by the first wave of the COVID-19 pandemic. Offshore wind accounted for the majority of […] Read more
Solar Energy Market: Paradigm Shift in India’s Power sector Updated On Wed, May 26th, 2021 by Saurenergy Contributed By Gautam Das, CEO and Co-founder, Oorjan Solar’s Time Economy and the environment have to go hand in hand for sustainable growth. We have paid the price for economic growth at the cost of environmental damages. Fossil fuels, like petroleum and coal, are highly polluting and depleting at an alarming rate. Global warming and escalating pollution […] Read more
Boralex Signs a New Renewable Power Purchase Agreement, to Benefit IBM France Updated On Fri, Apr 30th, 2021 by Saurenergy Boralex Inc. (“Boralex” or the “Corporation”) (TSX: BLX) announces the signing of a corporate PPA1, through which the Corporation will supply IBM’s France-based locations with renewable electricity. The agreement, effective January 1, 2021, covers a five-year period. Through this agreement, Boralex, a renewable energy pioneer and the largest independent producer of onshore wind power in France, will supply […] Read more
Bloom Energy Installs its First Green Hydrogen-Powered Fuel Cells Updated On Wed, Apr 28th, 2021 by Saurenergy California-headquartered Bloom Energy announced yesterday that it has successfully deployed 100 kilowatts of solid-oxide fuel cells (SOFC) powered solely by hydrogen in Ulsan, South Korea, generating zero-carbon onsite electricity. For this project, the firm had worked in collaboration with its Korean partner, SK Engineering & Construction Co., Ltd., an affiliate of SK Group. The installation […] Read more
Vitol buys 10% stake in Norway’s Green Hydrogen producer Gen2 Energy Updated On Tue, Apr 27th, 2021 by Saurenergy Vitol, the world’s biggest independent oil trader, has announced its acquisition of a 10% equity interest in Gen2 Energy, a Norwegian green hydrogen producer, for an undisclosed sum. Over the last few years, the Dutch energy and commodity trading company has been expanding its foothold in the renewables sector and made investment commitments of $1 billion to […] Read more
LONGi Clarifies: Didn’t End Contracts With Indian Power Developers Updated On Fri, Apr 23rd, 2021 by Saurenergy In response to recent reports suggesting that Chinese PV manufacturer LONGi, among other solar developers, had withdrawn from signed contracts with Indian power developers due to increasing commodity prices, the company issued a clarification stating that this information being passed around was false and that no such contracts had been terminated. The company claims that […] Read more
ReNew Power Successfully Prices USD 585 Million of Green Bonds Updated On Tue, Apr 6th, 2021 by Saurenergy ReNew Power has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” ReNew Power Private Limited, one of India’s leading renewable energy company, has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” due 2028 on March 31, 2021, to be issued by certain of its […] Read more
Green Power, Silicon Ranch Complete Commissioning of 200 MW Solar Portfolio in Georgia Updated On Fri, Mar 19th, 2021 by Saurenergy Clean energy projects stimulate economic activity across the state and provide low-cost, renewable power to Georgia’s Electric Cooperatives Green Power EMC, the renewable energy provider for 38 Georgia Electric Membership Corporations (EMCs), and Silicon Ranch, one of the nation’s largest independent solar power producers and the U.S. solar platform for Shell, today announced the completion […] Read more
Appalachian Power Seeks RE Projects With Option for Battery Storage Updated On Tue, Feb 16th, 2021 by Saurenergy Appalachian Power today issued a Request for Proposals (RFPs) for up to 300 megawatts (MWs) of solar and/or wind generation resources. The request for bids is the first in a series of RFPs Appalachian Power will issue this year to comply with provisions of the Virginia Clean Economy Act (VCEA). Under the VCEA, Appalachian Power […] Read more
