Tech Mahindra, Mahindra TEQO Partner to Create Digital Solutions for RE Industry Updated On Fri, Nov 15th, 2019 by Saurenergy Tech Mahindra has announced a partnership with Mahindra TEQO to create digital solutions for the global renewable energy industry. Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, has announced a partnership with Mahindra TEQO (Technology, Quality and Operations), the newly formed renewable energy asset management company, to create […] Read more
Excelsior Acquires 109 MW Wind Energy Portfolio From Invenergy Updated On Fri, Nov 8th, 2019 by Saurenergy Excelsior has acquired 90.1 percent of Invenergy’s sponsor equity interests in the combined 109 MW Prairie Breeze II and III wind energy projects in Nebraska. Excelsior Energy Capital, a leading independent North American renewable energy investor, has announced that its North American Renewable Energy Fund has executed definitive agreements for the acquisition of 90.1 percent […] Read more
McDonald’s Signs its First Large Scale Renewable PPA Updated On Fri, Nov 8th, 2019 by Saurenergy McDonald’s has announced a 220 MW virtual renewable PPA with Aviator Wind West, a portion of the Aviator Wind project located in Coke County, Texas. McDonald’s, Apex Clean Energy, and Ares Management Corporation’s Infrastructure and Power strategy, have announced a 220 MW virtual renewable power purchase agreement (PPA) between McDonald’s and Aviator Wind West, a […] Read more
RES Secures Permit for Wind Plus Storage Project in Australia Updated On Tue, Oct 29th, 2019 by Saurenergy RES has secured planning permission for the 185 MW Twin Creek Wind Farm and battery storage facility in Adelaide. RES, one the world’s largest independent renewable energy company, has secured planning permission for the 51-turbine Twin Creek Wind Farm and battery storage facility, 90 km to the north of Adelaide. Following development consents for the […] Read more
Ayala’s AC Energy Forms JV to Undertake Solar Projects in India and Asia Pacific Updated On Wed, Oct 16th, 2019 by Saurenergy UPC-AC Energy Solar, a new JV between AC Energy and UPC Solar Asia Pacific has been formed for undertaking solar power projects in the Asia- Pacific region. UPC-AC Energy Solar, a new joint venture company between AC Energy (Ayala’s energy platform) and UPC Solar Asia Pacific (UPC Renewables’ solar energy platform) has been formed for […] Read more
Unplanned Solar Plant Repairs Worth $16 bn by 2024 Updated On Wed, Oct 9th, 2019 by Saurenergy Annual solar plant repairs costs will grow from nearly USD 4.5 billion in 2019 to just over USD 9 billion in 2024. According to a new report, annual solar plant operations and maintenance (O&M) costs will grow from nearly USD 4.5 billion in 2019 to just over USD 9 billion in 2024. The report by […] Read more
NEXTracker Launches NX Gemini to Expand its Solar Offering Updated On Tue, Sep 24th, 2019 by Saurenergy Two-in-portrait system maximizes value on projects with challenging site conditions. In order to further expand solar tracker offerings, one of the leading solar tracking company NEXTracker has launched a new product for its smart single-axis solar tracker family—NX GeminiTM. The company said that, this is the next-generation two-module-in-portrait (2P) tracker and is optimized for customer […] Read more
IKEA Parent Company Acquires 49% Stake in 2 US Solar Projects Updated On Tue, Sep 17th, 2019 by Saurenergy Ingka Group, the strategic partner to IKEA, has reached an agreement with CIP to acquire a 49 percent stake in two solar PV projects in Utah and Texas. Ingka Group, the strategic partner to the IKEA franchisee system, has reached an agreement with Copenhagen Infrastructure Partners (CIP) to acquire a 49 percent stake in two […] Read more
Scatec Solar Begins Commercial Operation of its 47 MW Plant in Ukraine Updated On Mon, Sep 2nd, 2019 by Saurenergy Scatec Solar and partner Rengy Development have reached commercial operation for the 47 MW Rengy solar project in the south of Ukraine. Independent solar power producer Scatec Solar and partner Rengy Development have grid-connected and reached commercial operation for the 47 MW Rengy solar project in the south of Ukraine. “We are very proud to […] Read more