Maximising Role of RE in Spain & Chile Dependent on Flexibility Assets Updated On Mon, Dec 9th, 2019 by Saurenergy Maximising the role of renewable energy in Spain and Chile will hinge on the extent to which ‘flexibility assets’ are deployed and used Maximising the role of renewable energy (RE) i.e. solar and wind power in the electricity systems of Spain and Chile between now and 2050 will hinge on the extent to which ‘flexibility […] Read more
MNRE Missing Yearly RE Targets, 175 GW by 2022 in Danger: Parliamentary Panel Updated On Mon, Dec 9th, 2019 by Saurenergy MNRE has continuously failed to achieve its yearly targets of clean energy capacity addition, which may hamper the mission of having 175 GW of RE by 2022. The Ministry of New and Renewable Energy (MNRE) has continuously failed to achieve its yearly targets of clean energy capacity addition, which may hamper the mission of having 175 […] Read more
Iberdrola Secures €690 mn Loan From EIB at COP25 Updated On Sat, Dec 7th, 2019 by Saurenergy At COP25, EIB and Iberdrola have announced agreements worth EUR 690 million to invest in renewable energy projects and electricity distribution networks. At the Climate Change Conference (COP25) being held in Madrid, the European Investment Bank (EIB) and Iberdrola have announced two new agreements to promote climate action by investing in renewable energy projects and […] Read more
Vineyard Wind Wins Connecticut Offshore Tender With 804 MW Bid Updated On Sat, Dec 7th, 2019 by Saurenergy Vineyard Wind has announced that its 804 MW offshore wind proposal for the Park City Project has been selected by the Connecticut DEEP Vineyard Wind has announced that its 804 MW offshore wind proposal for the Park City Project has been selected by the Connecticut Department of Energy and Environmental Protection (DEEP) for its 2019 […] Read more
EIB and Hydrogen Council Sign Agreement to Finance Hydrogen Projects Updated On Fri, Dec 6th, 2019 by Saurenergy EIB and Hydrogen Council to collaborate on the development of innovative schemes to finance hydrogen projects to address climate change. The Hydrogen Council, a global initiative of CEOs representing energy, transport, and industry organisations advocating for the accelerated deployment of hydrogen solutions, and the European Investment Bank (EIB), one of the world’s largest providers of […] Read more
BP Increases Stake in Lightsource BP to Form a 50:50 JV Updated On Fri, Dec 6th, 2019 by Saurenergy The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 JV structure The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 joint venture (JV) structure. As part of the transaction, BP will purchase newly-issued equity […] Read more
Engie Acquires Renvico and its 329 MW Wind Portfolio From MIRA Updated On Fri, Dec 6th, 2019 by Saurenergy Engie has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), and the 329 MW wind portfolio that Renvico owns and operates Engie has announced that it has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), via Macquarie European Infrastructure Fund 4, and from KKR with its co-investors. The onshore wind installed capacity of the […] Read more
GM and LG Chem to Mass Produce Battery Cells for Future EVs Updated On Fri, Dec 6th, 2019 by Saurenergy GM and LG Chem form JV to mass-produce battery cells for future battery EVs General Motors (GM) and LG Chem have announced that the companies have come into an agreement to mass-produce battery cells for future battery electric vehicles (EVs). Together, the companies will invest up to a total of USD 2.3 billion through a […] Read more
Engie Inaugurates Egypt’s Largest and First Private Wind Project Updated On Fri, Dec 6th, 2019 by Saurenergy Engie has now inaugurated the 262.5 MW Ras Ghareb wind park, Egypt’s first private and now the largest wind farm. Engie has announced that the firm and its consortium partners have now inaugurated the 262.5 MW Ras Ghareb wind park, Egypt’s first private and now the largest wind farm. Ras Ghareb project started commercial operation […] Read more
