Green Firm Vena Energy Bags $500 mn Credit Facility from 8 lenders Updated On Fri, May 28th, 2021 by Saurenergy Vena Energy announced yesterday that it has signed its first sustainability-linked revolving credit facility of JPY52.8 billion (approximately US$500 million) from eight lenders including BNP Paribas, Crédit Agricole CIB, DBS Bank Ltd, ING Bank, MUFG, Intesa, SMBC and Mizuho. The company is an independent power producer and an integrated pure-renewable energy company in the Asia-Pacific region. […] Read more
EDP Group to Invest Over €1 Billion in Green Energy in Galacia, Spain Updated On Thu, May 27th, 2021 by Saurenergy Lisbon-headquartered electric utilities company EDP- Energias de Portugal recently announced its plans to invest more than 1 billion euros in Galicia, Spain, over the next 10 years, to develop renewables and support the region’s on-going transition to a new energy and economic model, within the framework of the European Next Generation funds. The Portugal company […] Read more
Siemens Gamesa to Supply Largest Wind Farm in the Philippines as Wind Momentum Builds in the Country Updated On Thu, May 27th, 2021 by Saurenergy Siemens Gamesa has secured a landmark order to supply, install and commission 32 onshore turbines for the largest wind farm in the Philippines to date, marking a resurgence for the wind industry in the country. The 160 MW Balaoi & Caunayan wind project will be developed by Asia’s pioneering renewable energy developers UPC Renewables and […] Read more
Spain’s Policy Plans to bring Successful Energy Transition through RE: IEA Updated On Thu, May 27th, 2021 by Saurenergy Spain has laid out ambitious plans to transform its energy system, requiring strong policy support to ensure the needed investments, new IEA policy review says Spain has made considerable progress towards its goal of reaching net zero emissions by 2050, but future gains need to be supported by stable policies, adequate public financing and incentives […] Read more
Report Places Jinko At No.1 In Module Shipments to India In Q1 Updated On Wed, May 26th, 2021 by Saurenergy Q1 (Jan to Mar) of 2021 module shipments data for India tracked by JMK Research and Analytics has placed Jinko Solar, as the no. 1 module seller in India. Jinko’s performance comes despite disruptions caused by COVID-19. The report states that India added 3.9GW of solar installations in the first quarter of 2021. JinkoSolar, with a […] Read more
US Plans First-ever Offshore Floating Wind Farms Off California Coasts Updated On Wed, May 26th, 2021 by Saurenergy The US government along with the state government of California revealed their plans of installing first-ever floating offshore find warms over the coastal regions of California at Morro Bay and Humboldt Bay. The agreement includes numerous wind turbines at Morro and Humbolt Bay expected to generate energy enough to power around 1.6 million homes in […] Read more
Axpo Italia to buy 12 MWp from Canadian Solar’s upcoming Italian units Updated On Tue, May 25th, 2021 by Saurenergy Guelph-headquartered solar PV modules manufacturer Canadian Solar Inc. today announced its signing of a long-term power purchase agreement (PPA) with Axpo Italia for the purchase of energy produced by two solar power plants under development totalling 12 MWp near Ragusa and Enna, in Sicily, Italy. Axpo Italia is the third largest operator in the free energy […] Read more
Aurora Solar Raises $250 Million to Digitize Solar Installations Updated On Tue, May 25th, 2021 by Saurenergy Funding Round Led by Coatue Signals Market Interest in the Growing Solar Industry Aurora Solar, the industry’s leading software platform for solar sales and design, today announced it has closed a $250 million Series C funding round led by Coatue, with follow-on participation from existing investors ICONIQ Capital, Energize Ventures, and Fifth Wall. In just over two years, Aurora […] Read more
Shell and Edify Strike 100 MW Big Battery Storage Deal with NSW Govt Updated On Tue, May 25th, 2021 by Saurenergy UK-based Shell Energy and Australia-headquartered Edify Energy have released a joint statement today, stating that the two companies have signed a long-term services agreement to deliver a two-hour battery storage facility of 100 MW capacity in South West NSW, Australia. In renewable energy news coming from the nation, it was recently revealed that Australia installed its highest […] Read more
