Fortum Increases Shareholder Base for Wind Portfolio in Nordic Updated On Sat, Dec 21st, 2019 by Saurenergy Nasdaq-listed Fortum and Investment funds adviser Credit Suisse Energy Infrastructure Partners (CSEIP) entered into an agreement whereby funds advised by the latter will acquire 80 percent ownership in Fortum’s wind energy portfolio in Nordic. Although, the Finnish state-owned energy company will retain a 20 percent minority stake in this wind energy portfolio. Also, it will […] Read more
EDF Renewables Signs 20-Year PPA for 100 MW Solar Power Updated On Sat, Dec 21st, 2019 by Saurenergy EDF Renewables North America has announced the signing of a 20-year PPA with CleanPowerSF for a 100 megawatts (MW) tranche of the Palen Solar site EDF Renewables North America has announced the signing of a 20-year Power Purchase Agreement (PPA) with CleanPowerSF for a 100 megawatts (MW) tranche of the Palen Solar site known as […] Read more
Statkraft and Solaria Sign 10-Year 252 MW Solar PPA Updated On Sat, Dec 21st, 2019 by Saurenergy Statkraft and Solaria have signed a long-term physical power purchase agreement (PPA) for five solar parks. Statkraft, one of Europe’s leading provider of market access services and Solaria, leading solar power generator in Spain, have signed a long-term physical power purchase agreement (PPA) for five solar parks. The initial duration of the agreement is ten […] Read more
Ørsted Secures Funding for Renewable Hydrogen Project Updated On Sat, Dec 21st, 2019 by Saurenergy Together with its partners, Ørsted has received funding for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. Together with its partners, Ørsted has announced that it has received funding of DKK 34.6 million for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. The plant will use electricity from offshore […] Read more
Walton, Silicon Ranch Announce 125 MW Solar Projects for Facebook Updated On Fri, Dec 20th, 2019 by Saurenergy Walton EMC has executed contracts with Silicon Ranch on behalf of Facebook for two new solar projects totaling 125 MW for Facebook’s data center in Georgia. Walton Electric Membership Corporation (EMC), a consumer-owned utility with a reputation for energy innovation, has executed contracts with Silicon Ranch on behalf of Facebook for two new solar projects […] Read more
Equinor Increases Stake in Scatec Solar With Purchase of 6.5 mn Shares Updated On Fri, Dec 20th, 2019 by Saurenergy Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of USD 84 million. Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of NOK 754 million (USD 84 million). […] Read more
EDPR Secures Long-Term CfD for 307 MW Wind at Polish Auction Updated On Fri, Dec 20th, 2019 by Saurenergy EDPR has secured a 15-year CfD at the Polish energy auction to sell electricity produced by a portfolio of 11 wind farms with a total capacity of 307 MW. EDP Renováveis (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced that it has secured […] Read more
Sharp Decrease in Solar Installations in China After Policy Change Updated On Fri, Dec 20th, 2019 by Saurenergy China transitioned from a feed-in tariff system to auctions for solar projects in 2019, and the market responded with a sharp decrease in solar installations In 2019, China transitioned from a feed-in tariff system to auctions for solar projects on a national level. The market responded with a sharp decrease in solar installations after the […] Read more
JERC Orders two UTs to Comply With RPO Targets Updated On Fri, Dec 20th, 2019 by Saurenergy JERC has asked DNHPDCL and the electricity department of Daman & Diu to comply with the RPO targets set by the commission. The Joint Electricity Regulatory Commission (JERC) has been conducting suo-moto hearings in the matter of compliance of the Renewable Purchase Obligations (RPO) by the State of Goa and Union Territories. After its latest […] Read more
