PSEG to Acquire 25% Stake in Ørtsed’s 1.1 GW Offshore Project Updated On Wed, Oct 30th, 2019 by Saurenergy PSEG will enter into exclusive negotiations with Ørsted, for PSEG to potentially become an equity investor in the 1.1 GW ocean wind offshore project The Public Service Enterprise Group (PSEG), a leading energy company with a utility serving 2.3 million New Jersey electricity customers, has announced it will enter into exclusive negotiations with Ørsted, for […] Read more
Macquarie Acquires Additional Stake in Welsh Offshore Wind Farm Updated On Tue, Oct 29th, 2019 by Saurenergy Macquarie has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Macquarie Infrastructure and Real Assets (MIRA) has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Gwynt y […] Read more
Total Wins 32 MW Rooftop Solar and Wind Projects in Latest French Auctions Updated On Fri, Oct 25th, 2019 by Saurenergy Total Quadran has won 32 MW of rooftop solar and wind projects during the recent call for tenders by the French Energy Regulatory Commission. Total continues to actively contribute to the growth of solar and wind power in France, with its affiliate Total Quadran winning 32 MW of new rooftop solar and wind power projects […] Read more
Iberdrola Acquires 118 MW of Spanish Wind Projects from Siemens Gamesa Updated On Thu, Oct 24th, 2019 by Saurenergy Iberdrola has reached an agreement with Siemens Gamesa for the acquisition of three wind farm developments in Spain, with a total capacity of 118 MW Iberdrola is progressing its plan to relaunch clean energies following its agreement with Siemens Gamesa for the acquisition of three wind farm developments in Spain, with a total installed capacity […] Read more
New York Finalises Contracts for 1700 MW Offshore Wind Projects Updated On Thu, Oct 24th, 2019 by Saurenergy NYSERDA has finalised contracts with Equinor and Sunrise Wind (Ørtsed and Eversource) to deliver 1700 MW of offshore wind energy to New York. Governor of New York, Andrew M. Cuomo has announced that the New York State Energy Research and Development Authority (NYSERDA) has finalised contracts with Equinor Wind US for its 816 MW – […] Read more
Masdar Wins With 100 MW Bid for 1st PPP Solar Project in Uzbekistan Updated On Wed, Oct 23rd, 2019 by Saurenergy Masdar has announced that it is the winning bidder to develop the first PPP solar project under the IFC Scaling Solar programme in Uzbekistan Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, has announced that it is the winning bidder to develop the first public-private partnership (PPP) […] Read more
EIB Invests €100 mn to Support Small Scale RE Projects in Brazil Updated On Tue, Oct 22nd, 2019 by Saurenergy EIB has announced that it will provide EUR 100m to BDMG to support climate action projects in Minas Gerais, Brazil. The European Investment Bank (EIB) has announced that it will provide EUR 100m to Banco de Desenvolvimento de Minas Gerais (BDMG) to support climate action projects in Minas Gerais, Brazil. “Private companies and also municipalities will be […] Read more
Uzbekistan’s PPP Based 900 MW Solar Tender, Gets IFC Backing Updated On Tue, Oct 22nd, 2019 by Saurenergy Uzbekistan has signed a mandate with IFC, to develop up to 900 MW of solar power through public-private partnerships (PPPs). Uzbekistan is advancing quickly to diversify its energy matrix and meet its target to develop up to 5 gigawatts (GW) of solar power by 2030. The country has signed a mandate with the International Finance […] Read more
Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA Updated On Mon, Oct 21st, 2019 by Saurenergy A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […] Read more
