Ocean Winds, CPP JV Golden State Wind Wins 2 GW California Wind Energy Lease Updated On Thu, Dec 8th, 2022 by Saurenergy Ocean Winds and Canada Pension Plan Investment Board (CPP Investments) have said that their newly formed offshore wind joint venture – Golden State Wind – was awarded an 80,418-acre lease area by the U.S. Bureau of Ocean Energy Management (BOEM) in the Morro Bay area off the central coast of California. The lease area awarded, […] Read more
Nexus Energy Partners with Green-e to Offer Certified Renewable Energy Option Updated On Wed, Dec 7th, 2022 by Saurenergy North America based power marketing firm Nexus Energy has announced that it is enhancing its sustainability-focused product offerings to include the Nexus Renewable Energy Certificate (REC) program, certified by the non-profit Center for Resource Solutions’ Green-e Energy program which is a global leader in clean energy certification. Alvin Tang, CEO, Nexus Energy, said, “Nexus Energy […] Read more
Amazon Debuts Hybrid Projects Globally with 300 MW in Madhya Pradesh & Karnataka Updated On Fri, Dec 2nd, 2022 by Saurenergy In Madhya Pradesh and Karnataka, Amazon India is set to establish 300 MW hybrid project (wind-solar). The projects would be established alongside Vibrant Energy, a subsidiary of a portfolio business of Macquarie’s Green Investment Group (GIG). Amazon said in a statement that this is one of the “biggest wind-solar hybrid corporate power purchase agreements (PPA) […] Read more
Meta & D. E. Shaw Renewable Sign 200 MW Clean Power Project in Arkansas Updated On Thu, Dec 1st, 2022 by Saurenergy The signing of a long-term renewable energy offtake deal with Meta was recently announced by D. E. Shaw Renewable Investments (DESRI), a significant U.S. producer of renewable energy. To come up in Phillips County, Arkansas, the Long Lake Project (also known as Long Lake) will be a 200 MWac project. To meet the region’s expanding […] Read more
L&T Picks LONGi for Saudi Projects With 1292 MW Module Order Updated On Thu, Dec 1st, 2022 by Saurenergy L&T has picked Chinese major LONGi to provide 1292MW of PV modules for two solar projects under construction in Saudi Arabia. LONGi VP Dennis She and A. Ravindran, Senior Vice President and Head of the Renewables Strategic Business Group at L&T, jointly signed the agreement, involving two Saudi Arabian projects for which L&T is acting […] Read more
Actis’ BluPine Energy Buys 404 MW of Solar Power Assets from Atha Updated On Fri, Nov 25th, 2022 by Saurenergy Delhi-based renewable energy and storage solution provider company, that is 100% backed by global investment firm Actis Llp, BluPine Energy has purchased 404 MW of solar power assets from Atha Group, a private equity corporation headquartered in London. The enterprise value of the solar assets owned by Atha in this transaction is close to Rs. […] Read more
Co-Development of Renewable Energy Projects by French Firm Voltalia in Uzbekistan Updated On Thu, Nov 24th, 2022 by Saurenergy The Uzbekistan government and the French renewable energy company, Voltalia have agreed to jointly build renewable energy projects with a combined output of between 400 MW and 500 MW. As part of the cooperation, 60MW/240 MWh of battery storage, 200 MW of solar, and 200 MW of wind capacity, will all be developed. The Voltalia […] Read more
EIB, AllianzGI Announce $100 Mn for Renewable Projects at COP27 Updated On Thu, Nov 17th, 2022 by Saurenergy The Emerging Market Climate Action Fund (EMCAF) has announced a $25 million investment into Alcazar Energy Partners II, a fund providing early-stage equity financing to develop, construct and operate renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia. This commitment is in parallel to EIB Global, the dedicated arm for […] Read more
Recessionary Pricing Has Hit Big Global Wind Projects: Rethink Energy Report Updated On Wed, Nov 16th, 2022 by Saurenergy Rethink Energy has come up with a new report which says that it turns out that recessionary pricing has indeed taken its toll on large global wind projects. Rethink Energy said that the wind industry has hit several speedbumps in the last few months, illustrated by the poor results for third quarter of 2022 published […] Read more
