EDP to Invest EUR 24 Bn in Energy Transition, Eyeing 50 GW RE Capacity by 2030 Updated On Mon, Mar 1st, 2021 by Saurenergy EDP has announced its Strategic Update for the period 2021-2025, revealing a EUR 24 billion plan for investment in the energy transition EDP – Energias de Portugal – the Portuguese electric utility has announced its Strategic Update for the period 2021-2025, reinforcing its position as a leader of the energy transition, with an unprecedented EUR 24 billion […] Read more
SMT Energy Partners with Goldman Sachs, Sells 55 MW Community Solar Projects Updated On Fri, Feb 26th, 2021 by Saurenergy SMT Energy LLC (SMT) and Goldman Sachs Renewable Power LLC (GSRP) have announced a strategic partnership to develop renewable energy assets in the United States. Initially, GSRP is acquiring 55 megawatts (MW) of community solar facilities located in upstate New York from SMT. John Switzer, co-founder of SMT, stated, “I am extremely proud of our team for developing […] Read more
Wells Fargo Surpasses $10 Billion in Renewable Energy Tax-Equity Investments Updated On Fri, Feb 26th, 2021 by Saurenergy Renewable Energy & Environmental Finance group funded 500-plus projects in 32 states Wells Fargo Renewable Energy & Environmental Finance (REEF) today announced it recently surpassed $10 billion in tax-equity investments in the wind, solar, and fuel cell industries. Wells Fargo has invested in more than 500 projects, helping to finance 12% of all wind and […] Read more
Solar now the Leading Source of Renewable Energy in India: MNRE Updated On Tue, Feb 23rd, 2021 by Saurenergy MNRE in its January 2021 report, has detailed that solar, with 38.79 GW installed, is now the leading source of renewable energy in India The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of January 2021, detailing all the events and development that took place during the […] Read more
Northvolt to Invest $200 Mn to Establish Europe’s Largest Energy Storage Factory Updated On Mon, Feb 22nd, 2021 by Saurenergy Northvolt’s vision of enabling the future of energy takes a new step forward through a $200 million expansion of its battery systems capabilities in Gdańsk, Poland. Entering into production in 2022, a new factory will have an initial annual output of 5 GWh, and potential future capacity of 12 GWh. “Securing battery cell manufacturing capacity […] Read more
Hindustan Coca-Cola Meeting 50% of Energy Requirements in Factories From RE Updated On Sat, Feb 20th, 2021 by Saurenergy Hindustan Coca-Cola Beverages (HCCB), one of India’s top FMCG companies, has ramped up its renewable & clean energy capacity to meet 50% of its energy requirements through these sources. The feat has enabled the company to offset 46,500 tonnes of carbon emission per annum with solar and wind energy and 30,000 tonnes of carbon emission […] Read more
Ashok Leyland Running 60% of Countrywide Operations With Clean Energy Updated On Thu, Feb 18th, 2021 by Saurenergy Ashok Leyland has announced that it has increased the sourcing of clean energy to 60 percent for its countrywide operations. Ashok Leyland, the flagship commercial vehicle manufacturer of the Hinduja Group has announced that it has increased the sourcing of clean energy to 60 percent for its countrywide operations. The firm has detailed that now […] Read more
WEC Energy Announces Plan for Wisconsin’s 1st Large-Scale Solar and Storage Project Updated On Wed, Feb 17th, 2021 by Saurenergy WEC Energy Group today proposed plans for a new 310-megawatt (MW) solar and battery storage project. If approved, the Paris Solar-Battery Park in Kenosha County would be the largest facility of its kind in Wisconsin. The facility features 200 MW of solar generation — which is equal to powering 60,000 homes, and 110 MW of battery storage — which […] Read more
Social Alpha Launches Techtonic – Development Programme for Clean Energy Startups in India Updated On Mon, Feb 15th, 2021 by Saurenergy Winning solutions will receive access to innovation labs for prototyping, seed capital, techno-commercial pilot opportunity & accelerated market access support for scale-up Social Alpha kicks off the third edition of the Energy Challenge as “Techtonic – Innovations in Clean Energy”, inviting innovators and entrepreneurs with transformative technologies that have the potential to create deep and […] Read more
