Wells Fargo Inks Deal with Shell, MP2 Energy to Buy Renewable Power Updated On Wed, Jun 24th, 2020 by Saurenergy USD 1.98 trillion company Wells Fargo has signed a structured renewable energy (RE) agreement with Shell Energy North America (Shell Energy) and its arm MP2 Energy, to purchase about 1,50,000 MWh of renewable energy every year. The deal will enable the company to use renewable power to meet 100 per cent of its energy consumption […] Read more
CIT Arranges $85 Mn Financing for 80 MW Solar Project in Colorado Updated On Wed, Jun 24th, 2020 by Saurenergy Financial holding company CIT Group through its Power and Energy unit has arranged USD 85 million financings for an 80 MW Pioneer Solar project located in Colorado. CIT further served as sole lead arranger for financing on behalf of project sponsor Idemitsu Renewables, a leading solar project developer that has successfully built and sold hundreds of […] Read more
Targeted Public Spending, Policy Action will Bring Immediate Jobs, Boost GDP: Report Updated On Wed, Jun 24th, 2020 by Saurenergy Governments can align immediate economic stimulus needs with medium to long-term decarbonisation and sustainable development objectives by targeting policy measures and public spending towards the energy transformation said the International Renewable Energy Agency (IRENA) in its newly published report. The intergovernmental agency, IRENA, in its report “Post-COVID recovery: An agenda for resilience, development and equality” outlines […] Read more
Vestas Wind 249 MW Wind Turbine Order in the US Updated On Wed, Jun 24th, 2020 by Saurenergy Vestas has received an order for 249 MW of V136-4.2 MW turbines and V136-3.45 MW turbines delivered in 3.6 MW Power Optimised Mode for a project in the US. Vestas has received an order for 249 MW of V136-4.2 MW turbines and V136-3.45 MW turbines delivered in 3.6 MW Power Optimised Mode for a project […] Read more
Iberdrola Agrees Deal for Stake in 9 GW of Offshore Wind Projects Updated On Wed, Jun 24th, 2020 by Saurenergy Iberdrola has agreed on a deal to take “majority acquisitions” in the future development of up to 9 GW of offshore wind energy projects in Sweden. Iberdrola has agreed on a deal to take “majority acquisitions” in the projects with the renewables company Svea Vind Offshore AB (SVO) for the future development of up to […] Read more
The Philippines Power Sector can Reach Resilience by 2021: IEEFA Updated On Wed, Jun 24th, 2020 by Saurenergy The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector a new report from IEEFA details The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector if it swapped its reliance on expensive coal power for cheaper renewables and […] Read more
Rajasthan Tenders for Solar Plants at 30 Mandi Yards, 14 Sub Yards Updated On Wed, Jun 24th, 2020 by Saurenergy RSAM has issued a tender for the commissioning of grid-tied solar power plants at 30 Mandi yards & 14 Sub yards in the state of Rajasthan. The Rajasthan State Agricultural Marketing Board (RSAM) has issued a tender for the commissioning of grid-tied solar power plants at 30 Mandi yards & 14 Sub yards in the […] Read more
Assam to Tender for Floating Solar Plant and LED Street Lights Updated On Wed, Jun 24th, 2020 by Saurenergy APDCL is going to issue a tender for the implementation of a 15 kWp floating solar power plant at Jolpukhuri lake in Assam. The Assam Power Development Corporation (APDCL) is going to issue a tender for the implementation of a 15 kWp floating solar power plant at Jolpukhuri lake in the state. The power department […] Read more
Adani After More Thermal Capacity, Acquires 49% Stake in OPGC Updated On Wed, Jun 24th, 2020 by Saurenergy Adani has picked up a minority stake in Odisha Power Generation Corporation (OPGC) – a thermal power generating company owned by the Government of Odisha. Fresh from its monumental win in the manufacturing linked solar power tender issued by the Solar Energy Corporation of India (SECI), the Adani Group has picked up a minority (49 […] Read more
