Starbucks Invests in Solar Energy to Power 360 Stores in Texas Updated On Tue, Apr 16th, 2019 by Saurenergy Starbucks Coffee Company, Cypress Creek Renewables and U.S. Bank have announced that they are teaming up on a portfolio of solar farms across Texas. As a part of the deal, two solar farms developed, built and now operated by Cypress Creek, a leading solar solution provider, are providing enough energy for the equivalent of 360 […] Read more
Vestas to Acquire Minority Stake in Renewable Project Developer Sowitec Updated On Mon, Apr 15th, 2019 by Saurenergy The acquisition is expected to be finalised during the second quarter of 2019 and will have no significant impact on Vestas earnings. To support Vestas’ strategy and increase its capability to partner with its customers in project development in selective markets, Vestas has announced the acquisition of a 25.1 percent minority stake in Sowitec with […] Read more
Petronas Forays into Renewable Energy with Acquisition of Amplus Energy Updated On Mon, Apr 15th, 2019 by Saurenergy Malaysia’s Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a […] Read more
UP Village Sets Precedent With 100% Solar Power Use Updated On Mon, Apr 15th, 2019 by Saurenergy A village in Uttar Pradesh’s Amroha district is presenting itself as a model for renewable energy usage with complete dependence on solar power for all its needs. The solar-powered village in Chakanwala Panchayat named ‘Mandironwala Bhuddi’ has no electricity poles but is completely lit up using solar power. Solar panels have been installed at every house in the village as part […] Read more
Cabinet approves Cooperation Agreement between India and Denmark in the field of Renewable Energy with focus on Offshore Wind Energy Updated On Mon, Apr 15th, 2019 by Saurenergy The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for a Cooperation Agreement between Ministry of New and Renewable Energy of India and Ministry for Energy, Utilities and Climate of the Kingdom of Denmark on strategic sector cooperation in the field of Renewable Energy with a focus on Offshore […] Read more
Argentina Unveils Landmark Tender For Renewables and Grid Capacity Updated On Fri, Apr 12th, 2019 by Saurenergy The tender currently under analysis will support the commitment to incorporate 20% of renewable electricity by 2025 into Argentina’s energy system. The Undersecretary for Renewable Energy and Energy Efficiency of Argentina, Sebastian Kind, has recently unveiled a landmark new renewables and grid capacity tender during the Global Market Session hosted by the Global Wind Energy […] Read more
Croatia’s HEP to Invest Over $100 Mn into Solar Power Plants by 2023 Updated On Thu, Apr 11th, 2019 by Saurenergy Croatia’s national power company, HEP, which has been engaged in electricity production, transmission and distribution for more than one century, has announced that it will invest close to $114 million into solar power plants by 2023. Solar power plants Kaštelir, Cres, Vis and Vrlika Jug, of the total capacity of 11.6 MW and the value […] Read more
MSEDCL Gets Approval to Procure Wind Power From Projects with Expired EPAs Updated On Thu, Apr 11th, 2019 by Saurenergy The Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has been permitted to procure wind power from projects with which its Energy Purchase Agreements (EPA) have expired after the Maharashtra Electricity Regulatory Commission (MERC) approved its petition. MSEDCL had filed its case on February 26, 2019, seeking approval for procurement of power from wind projects whose […] Read more
Israel’s Megalim Concentrated Solar Power Plant Begins Operations Updated On Thu, Apr 11th, 2019 by Saurenergy The Megalim solar thermal power plant, a joint venture of BrightSource, GE Renewable Energy and the Noy Fund, said on 10 April, that it has begun commercial operation in Israel. The Ashalim Solar Thermal Power Station, located in Israel’s Negev desert, is one of the largest projects of its type in the world. It is […] Read more
