Verizon Enters Renewable PPAs for 450 MW of RE Capacity Updated On Thu, Aug 27th, 2020 by Saurenergy Verizon has entered into four more long-term renewable energy purchase agreements (PPAs) totaling more than 450 megawatts (MW) of renewable energy capacity Verizon Communications has announced that it has entered into four more long-term renewable energy purchase agreements (PPAs) totaling more than 450 megawatts (MW) of renewable energy capacity as part of its commitment to […] Read more
NTPC To Move Ahead on Separate Renewable Energy Arm Updated On Mon, Aug 24th, 2020 by Saurenergy Wire agency PTI reports that NTPC Limited has received a ‘go ahead’ from the Niti Aayog and Department of Investment and Public Asset Management (DIPAM) to set up a wholly-owned company for its renewable energy business. The move formalises NTPC’s plans in the renewable space. For many observers, a massive shift by the largest power […] Read more
Tetra Tech Wins USAID Renewable Energy Contract Worth $29.7 Million Updated On Thu, Aug 20th, 2020 by Saurenergy USAID has awarded Tetra Tech a five-year, USD 29.7 million single-award contract for the continuation of its Scaling Up Renewable Energy project (SURE II). Tetra Tech has announced that the US Agency for International Development (USAID) awarded the Company a five-year, USD 29.7 million single-award contract for the continuation of its Scaling Up Renewable Energy […] Read more
RWE Rakes in €2bn With Share Issue to Back its Renewable Expansion Updated On Thu, Aug 20th, 2020 by Saurenergy RWE has successfully concluded an increase of its share capital of around EUR 2 billion, as it looks to expand in the fields of renewable energy Germany’s RWE has announced that it has successfully concluded an increase of its share capital of around EUR 2 billion by selling new shares. The firm stated that the […] Read more
ION Energy’s Data Analytics To Power 581 MWh esVolta Storage Project Updated On Wed, Aug 19th, 2020 by Saurenergy Mumbai-based battery management firm ION Energy has scored a major win for its data analytics platform, Edison Analytics. The firm has been selected by esVolta, a global utility scale energy storage company with a portfolio of battery energy storage projects across North America. ION Energy also develops infrastructure for EV’s, besides battery storage. The focus […] Read more
IHCL Signs Solar PPA With Tata Power Subsidiary to Power its Mumbai Hotels Updated On Tue, Aug 18th, 2020 by Saurenergy IHCL has joined hands with Tata Power for the supply of solar energy for its Mumbai hotels to focus on sustainable and cost-efficient business practices. Hospitality major Indian Hotels Company Ltd (IHCL) has announced that it has joined hands with Tata Power for the supply of solar energy for its Mumbai hotels as part of […] Read more
Using RE to Power LNG Plants Could Reduce Emissions by 8% in APAC: WoodMac Updated On Mon, Aug 17th, 2020 by Saurenergy Using RE to power LNG plants in Asia Pacific (APAC) could reduce emissions by about 8 percent, according to an analysis by Wood Mackenzie. Using renewable energy (RE) to power liquefied natural gas (LNG) plants in Asia Pacific (APAC) could reduce emissions by about 8 percent, according to an analysis by Wood Mackenzie. Asia Pacific […] Read more
Sterlite Power Drops 14.7% Stake in IndiGrid for Rs 840 Crore Updated On Mon, Aug 17th, 2020 by Saurenergy Sterlite Power has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore to institutional and HNI investors. Sterlite Power, a leading global power transmission player, has announced that it has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore (unit price of Rs 98) to […] Read more
Masdar, EDF to Partner on 8 US Renewable Energy Projects Worth 1.6 GW Updated On Fri, Aug 14th, 2020 by Saurenergy Masdar has announced a deal with EDF Renewables that will see it acquire a 50 percent stake in a 1.6 GW renewable energy portfolio. EDF Renewables North America and Masdar, a subsidiary of Mubadala Investment Company, have announced Masdar’s second strategic investment in the United States (US) in a deal with EDF Renewables North America […] Read more