CPPIB to Acquire Pattern Energy in All-Cash Deal Updated On Tue, Nov 5th, 2019 by Saurenergy Moreover, the Pattern Energy stake transaction is expected to be completed by the second quarter of 2020, subject to required regulatory approvals, and other customary closing conditions. Canada Pension Plan Investment Board (CPPIB), a professional investment management organization, has entered into a definitive agreement to buy Pattern Energy in an all-cash transaction for USD 26.75 […] Read more
ENGIE Africa Consortium Kicks off Operation of Egypt’s Largest Wind Farm Updated On Mon, Nov 4th, 2019 by Saurenergy As per the 20-year Power Purchase Agreement (PPA), the power generated from the Engie Africa led consortium project will be supplied to the Egyptian Electricity Transmission Company (EETC). A consortium led by ENGIE Africa has completed the construction and commissioning of the Egypt’s largest 262.5 MW Ras Ghareb wind farm. The wind project has been […] Read more
Automotive Li-ion Battery Market Projected to $74.3 Bn by 2024, Report Updated On Mon, Nov 4th, 2019 by Saurenergy As per the P&S Intelligence market research report, the automotive lithium-ion battery market size was valued at USD 24.2 billion last year. The market share for automotive lithium-ion (li-ion) battery is projected to reach USD 74.3 billion by 2024, progressing at a CAGR of 15.9 percent during (2019-2024), said the market research report. As per the P&S […] Read more
Industrial Solar Arm Inks Pact with UNIPER for Solar Process Heat Updated On Mon, Nov 4th, 2019 by Saurenergy With an aim to use solar process heat in place of thermal in the industry, solar energy equipment provider Industrial Solar Holding Europe AB, via its wholly owned subsidiary, German Industrial Solar has signed a cooperation agreement with UNIPER SE. The move came after the company analyses the huge potential of solar process heat in […] Read more
5 Lakh Govt Cars to be Replaced by E-Vehicles: Javadekar Updated On Sat, Nov 2nd, 2019 by Saurenergy Prakash Javadekar further said that “the government is promoting e-mobility by taking a lead in changing the fleet of the existing petrol and diesel cars used for official purposes with electric cars.” With an aim to showcase government’s efforts towards promoting e-vehicles in India, Union Minister Prakash Javadekar on Friday said that the government will […] Read more
Javadekar Flags off E-Vehicles Procured from EESL Updated On Sat, Nov 2nd, 2019 by Saurenergy The Ministry of Information & Broadcasting said in a notification that, with this partnership, the Government of India continues to be an active participant in the country’s quest for reduced emissions & vehicular electrification. In order to provide further boost to e-mobility in the country, Environment and Information & Broadcasting (I&B) Minister Prakash Javadekar on […] Read more
Total Solar DG to Provide PV System for Thailand’s Largest Single-Rooftop Project Updated On Fri, Nov 1st, 2019 by Saurenergy The said solar PV system is expected to combine over 17,500 solar panels, by covering an area of more than 38,000 square meters. Total Solar Distributed Generation (DG) has entered into a binding, long term power agreement with Thailand based company S. Kijchai to provide solar photovoltaic (PV) system of 7 MW capacity. As per […] Read more
Dominion Energy to Add Largest Project to Virginia Solar Fleet Updated On Fri, Nov 1st, 2019 by Saurenergy Further, this solar facility is expected to be operational in 2021 and will provide up to 150 MW clean power. American power and energy company Dominion Energy is adding a 150 MW solar facility in Prince George County, Virginia. Also, this Fort Powhatan solar facility is the Richmond-headquartered company’s largest solar portfolio in Virginia. Further, this solar facility is […] Read more
Solar Power and Agriculture: Can There Be a Happy Coexistence? Updated On Fri, Nov 1st, 2019 by Saurenergy News yesterday that cranberry farmers in Massachusetts, US, are trying out solar installations on their farms to get some extra income has put the focus back on one of the biggest critiques of solar power. That there simply isn’t enough land that meets the requirements of sunlight, proximity to the transmission grid, and a ready […] Read more
