Spain: Total Signs a 45 MW Renewable Corporate Power Purchase Agreement with Merck1 Updated On Fri, May 21st, 2021 by Saurenergy Total and MSD, known as Merck & Co. signed a major renewable corporate power purchase agreement (CPPA) over a period of 10 years, with 90 GWh a year of clean energy produced by a 45 MW utility-scale solar power projects from Total’s portfolio in Spain, Castilla La Mancha region. As part of its ambition to get […] Read more
National Grid and RWE Renewables Sign Partnership to Jointly Bid in the New York Bight Lease Auction Updated On Fri, May 21st, 2021 by Saurenergy Partnership supports both companies’ goals to advance a clean energy future for all and achieve net zero National Grid, one of the world’s largest publicly listed utilities, and RWE Renewables (RWE), one of the world’s leading renewable energy companies, today announced the signing of a partnership agreement to jointly develop offshore wind projects in the coastal region […] Read more
Canadian Solar Financial Results Q1 FY21 Out; 32% YoY Rise in Revenue Updated On Fri, May 21st, 2021 by Saurenergy Guelph-headquartered solar PV modules manufacturer Canadian Solar Inc. yesterday announced its financial results for the quarter ended March 31, 2021, reporting a 32% YoY increase in revenue and a net income of $23 million. In Q1 2021, the company’s solar module shipments were 3.1 GW, compared to guidance of 3.0 GW to 3.2 GW. Net revenue […] Read more
Resident Construction Manager (RCM) Updated On Fri, May 21st, 2021 by Saurenergy Will lead a team of engineeres for the overall construction activities at sites. Job includes ontime delivery of projects within the budget with safety and quality consciousness. Will be responsible for managing employees, contractors and stakeholders, government authorities and public relaltions for successful completion of project. Reports to the project manager on day-to-day progress and […] Read more
Maire, Mytilineos Conduct Joint Feasibilty Study on Green H2 Plant in Italy Updated On Fri, May 21st, 2021 by Saurenergy In a joint statement released yesterday, Italy-based Maire Tecnimont’s subsidiary NextChem and Greece-based MYTILINEOS’ Renewable and Storage Development Business Unit (RSD BU) announced their signing of an agreement to together carry out a feasibility study for the development of a green hydrogen plant in Italy. NextChem is Maire Tecnimont’s subsidiary operating in the field of […] Read more
RE Certificates Worth Over Rs 9,000 Cr Sold in India to Date: CEEW-CEF Updated On Thu, May 20th, 2021 by Saurenergy According to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF), India’s Renewable Energy Certificate (REC) market has recorded net sales worth INR 9,266 crore during its decade of existence. The CEEW-CEF is an initiative of the Council on Energy, Environment and Water (CEEW), one of Asia’s leading think tanks. CEEW-CEF […] Read more
About 7 GW of Unsigned PSAs Pose Risk to RE targets: CRISIL Updated On Thu, May 20th, 2021 by Saurenergy In a press release today, CRISIL Research said that delays in power supply agreements (PSAs) for about 7 GW of the bid out renewable energy projects might lead to 35 per cent shortfall in the 160 GW renewable energy capacity target set for the end of calendar year 2022. This delay may, however, not impact […] Read more
Energy Transition May Cost Upstream Oil & Gas Sector $14 T: WoodMac Updated On Thu, May 20th, 2021 by Saurenergy Even a rapidly transitioning world needs oil and gas supply for decades to come The energy transition represents US$14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie. Oil and gas is a risky business. Over the years, those risks have been tempered by a single tenet […] Read more
Green Hydrogen Not a Blanket Alternative to Fossil Fuels? Updated On Thu, May 20th, 2021 by Saurenergy Green hydrogen is increasingly being built up as the ideal clean fuel for a carbon-neutral tomorrow, but is it a viable replacement for the use of fossil fuels in cars or domestic heating systems? In a recently published study conducted by Germany’s Potsdam Institute for Climate Impact Research (PIK), scientists have found that even though […] Read more
