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
Renewables Powering Through the Pandemic: IEA Updated On Tue, May 11th, 2021 by Saurenergy Renewable electricity expanded at fastest pace in two decades, with huge additions of solar and wind becoming the ‘new normal’ going forward Renewable sources of electricity such as wind and solar grew at their fastest rate in two decades in 2020 and are set to expand in coming years at a much faster pace than […] Read more
NTPC Renewable Energy Signs PPA to Sell Power From its 150 MW Solar Project Updated On Fri, May 7th, 2021 by Saurenergy NTPC Renewable Energy has entered into a PPA with GUVNL to sell power from its 150 MW solar project. NTPC Limited has announced that its wholly-owned renewable energy subsidiary NTPC Renewable Energy has entered into a power purchase agreement (PPA) with the Gujarat Urja Vikas Nigam Ltd (GUVNL) to sell power generated from its 150 MW solar […] Read more
Boralex Signs a New Renewable Power Purchase Agreement, to Benefit IBM France Updated On Fri, Apr 30th, 2021 by Saurenergy Boralex Inc. (“Boralex” or the “Corporation”) (TSX: BLX) announces the signing of a corporate PPA1, through which the Corporation will supply IBM’s France-based locations with renewable electricity. The agreement, effective January 1, 2021, covers a five-year period. Through this agreement, Boralex, a renewable energy pioneer and the largest independent producer of onshore wind power in France, will supply […] Read more
Italy’s Ecology Minister: 72% power to come from Renewables in 2030 Updated On Thu, Apr 29th, 2021 by Saurenergy Italy’s Ecology Transition Minister Roberto Cingolani revealed yesterday that the country will have to produce as much as 72% of its electricity with renewable sources in 2030 so as to fulfil the European emissions-reduction target of 55% set for the same year. While in conversation with the Italian daily la Repubblica, he said, “In 2030, […] Read more
Ørsted Acquires Ireland and UK Onshore Wind Power Platform from Brookfield Renewable Updated On Fri, Apr 16th, 2021 by Saurenergy Today, Ørsted has entered into an agreement with Brookfield Renewable, a global owner and operator of renewable power assets, to acquire a 100 % equity interest in its existing Ireland and UK onshore wind business, Brookfield Renewable Ireland (BRI). The agreement is based on an enterprise valuation of BRI of EUR 571 million as of 31 […] Read more
ACWA Power Inaugurates First Utility Renewable Project in Saudi Updated On Mon, Apr 12th, 2021 by Saurenergy ACWA Power has announced the inauguration of the 300 MW Sakaka PV IPP, Saudi Arabia’s first utility-scale renewable energy project ACWA Power, a leading Saudi developer, investor and operator of power generation and water desalination plants, has announced the official inauguration of the 300 MW Sakaka PV IPP, the Kingdom of Saudi Arabia’s (KSA) first […] Read more
BlackRock Achieves a USD 4.8 Bn Final Close for Global Renewable Power Fund III Updated On Thu, Apr 8th, 2021 by Saurenergy BlackRock Real Assets has successfully achieved a US$4.8 billion final close of Global Renewable Power Fund III (“GRP III” or the “Fund”) with commitments from over 100 institutional investors, including leading public and private pension funds, insurance companies, endowments, foundations and family offices from over 18 countries globally. GRP III is the third vintage of […] Read more
