Power System Overcapacity Problem in Bangladesh Getting Worse: IEEFA Updated On Fri, Jan 22nd, 2021 by Saurenergy Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note by IEEFA. Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA). Data from […] Read more
Total and 174 Power to Develop 1.6 GW Solar & Storage Projects in US Updated On Fri, Jan 15th, 2021 by Saurenergy Total and 174 Power Global will co-develop 12 utility-scale solar and energy storage projects of 1.6 GW cumulative capacity in the US Total and 174 Power Global, a wholly-owned Hanwha Group affiliate, have signed an agreement to form a 50/50 joint venture (JV) to develop 12 utility-scale solar and energy storage projects of 1.6 gigawatts […] Read more
Mitsubishi Power Bagged Storage Orders Worth 151,000 MWh in Americas in 2020 Updated On Fri, Jan 15th, 2021 by Saurenergy Mitsubishi Power has claimed the number one market share position in the Americas in 2020 with 151,000 MWh in energy storage orders Mitsubishi Power has claimed the number one market share position in the Americas in 2020 with orders for 151,000 megawatt-hours (MWh) of energy storage capacity of all durations. The all-duration category covers utility-scale […] Read more
ENGIE NA Added Nearly 2 GW of Renewable Energy in the US in 2020 Updated On Thu, Jan 14th, 2021 by Saurenergy ENGIE North America has announced that it added nearly 2 GW of renewable energy in the US in 2020, as part of its commitment to deliver 9 GW of renewable energy capacity globally between 2019 and 2021. These new clean energy capacities will offset nearly 2.1 million metric tons of carbon and bring the firm’s […] Read more
Onward Energy to Create 4 Gigawatt US Power Platform Updated On Wed, Jan 13th, 2021 by Saurenergy U.S.-based independent power producers Novatus Energy and Southwest Generation today announced the completion of a merger of the two companies to create Onward Energy. Onward Energy will continue under common ownership by institutional investors advised by J.P. Morgan Asset Management. Onward Energy owns 43 wind, solar, and natural gas generating projects across 16 states, and […] Read more
Lightsource bp Signs Power Contract for 153 MW Solar Project in Texas Updated On Fri, Jan 8th, 2021 by Saurenergy Lightsource bp has secured a proxy generation power purchase agreement (pgPPA) with the Capital Solutions unit of Allianz Global Corporate & Specialty (AGCS), in partnership with Nephila Climate. The pgPPA is for electricity generated by Lightsource bp’s 153 megawatt Briar Creek solar farm, located in Navarro County, Texas. A pgPPA is an innovative renewable energy […] Read more
Tata Power to Develop 110 MW Solar Project for KSEBL Updated On Thu, Jan 7th, 2021 by Saurenergy Tata Power has announced that the company has received a LoA from KSEBL on January 6, 2021, to develop a 110 MW solar project. Tata Power, one of India’s largest integrated power companies, has announced that the company has received a Letter of Award (LoA) from the Kerala State Electricity Board Limited (KSEBL) on January […] Read more
ADB Approves $231 Mn Loan to Increase Clean Energy Supply in Assam Updated On Mon, Jan 4th, 2021 by Saurenergy The Asian Development Bank (ADB) has approved a $231 million loan to construct the Lower Kopili Hydroelectric Power (LKHEP) plant in Central Assam, India. This loan is the third and largest tranche of the $300 million Assam Power Sector Investment Program approved by ADB in 2014. The project has so far upgraded the 70-megawatt (MW) […] Read more
Nexus Renewables to Deploy 27MW/108MWh BTM Battery Energy Storage in California Updated On Wed, Dec 30th, 2020 by Saurenergy Nexus Renewables U.S. Inc. is pleased to announce an agreement with Pacific Gas and Electric Company (PG&E) whereby Nexus Renewables will service 100+MWh of Resource Adequacy needs in Northern and Central California through a fleet of behind-the-meter energy storage resources. Nexus Renewables’ energy storage fleet will serve three primary goals under a 15-year power purchase agreement (PPA) […] Read more
