Mitsui to Sell Entire Stake in Solar, Wind Project in Canada Updated On Wed, Oct 30th, 2019 by Saurenergy Tokyo-headquartered Mitsui has 30 percent stake in this project through its investment company MIT Renewable Inc. Mitsui & Co. Ltd, an arm of Japanese Mitsui Group, has signed a pact with Axium Infrastructure (Axium) in order to sell its entire shareholding in a Canadian project (i.e. C2C Power LP), having 679 MW of installed capacity. […] Read more
Wells Fargo Enters its Largest Solar Energy Deal Updated On Fri, Oct 18th, 2019 by Saurenergy Wells Fargo has announced a 10-year structured renewable energy agreement for procuring nearly 62,000 MWh of solar energy annually to power its Texas operations. Wells Fargo has announced a 10-year structured renewable energy agreement with Reliant, an NRG Energy company, for procuring nearly 62,000 Megawatt-Hours of solar energy annually to power a bulk of its […] Read more
Adani Acquires Transmission Projects Subsidiary From REC Updated On Tue, Oct 15th, 2019 by Saurenergy Adani Transmission has signed a share purchase agreement and completed the acquisition of WRSS XXI (A) Transco Ltd from REC Transmission Projects Company. Adani Transmission (ATL), India’s largest private sector power transmission company, has announced that it has signed a share purchase agreement and completed the acquisition of WRSS XXI (A) Transco Ltd, an SPV […] Read more
The Role of Solar PV in an Urban Heat Action Plan Updated On Wed, Oct 9th, 2019 by Saurenergy By: Mohua Mukherjee The India Meteorological Department (IMD) has established that the frequency and severity of heatwaves, and a resultant high number of preventable deaths due to heat-stroke, have risen significantly in India over the last three decades.In India this summer of 2019, the IMD has already reported heat waves across Delhi, Gujarat, Haryana, Madhya […] Read more
Delhi Discoms Penalised for Defaulting on RPOs Updated On Wed, Oct 9th, 2019 by Saurenergy DERC has imposed penalties to the tune of Rs 1.71 crore on discoms TPDDL and Rs 2.88 crore each on BYPL and BRPL for defaulting on their RPOs Delhi’s power regulator, the Delhi Electricity Regulatory Commission (DERC) has imposed penalties to the tune of Rs 1.71 crore on discoms TPDDL and Rs 2.88 crore each […] Read more
Vestas Unveils Wind Turbine Contracts Worth 1316 MW in the US Updated On Thu, Oct 3rd, 2019 by Saurenergy Vestas has announced the signing of 5 new wind turbine delivery agreements in the US worth a combined capacity of 1316 MW Vestas has announced the signing of multiple new wind turbine agreements for projects due to be developed in the United States (US). In total, the company has announced 5 deals worth a combined […] Read more
AfDB Grants Loan for 18 MW Solar Plus Storage Project in Chad Updated On Thu, Oct 3rd, 2019 by Saurenergy AfDB has approved a loan of 18 million euros for the establishment of the solar plus storage facility of Djermaya in Chad. The African Development Bank (AfDB) has approved a loan of 18 million euros and a Partial Risk Guarantee (GPR), for the establishment of the solar power station of Djermaya in Chad. Storage The […] Read more
GE Renewable Energy Plans to Become Carbon Neutral in 2020 Updated On Thu, Sep 26th, 2019 by Saurenergy GE Renewable Energy has announced its plan to make 100 percent of its operations carbon neutral by the end of 2020. GE Renewable Energy has announced its plan to make 100 percent of its operations carbon neutral by the end of 2020. GE Renewable Energy will reach carbon neutrality by reducing emissions through operational efficiencies, […] Read more
Adani Acquires Transmission SPV Linked With RE Projects in Rajasthan Updated On Fri, Sep 20th, 2019 by Saurenergy Adani Transmission has acquired Bikaner-Khetri transmission project in Rajasthan from PFC Consulting, through a tariff-based competitive bidding process. Adani Transmission Ltd (ATL) has acquired Bikaner-Khetri transmission project in Rajasthan from PFC Consulting, according to a regulatory filing. Adani Transmission won the project linked to renewable power generation in Rajasthan through a tariff-based competitive bidding process. ATL signed a share purchase agreement with PFC Consulting […] Read more
