Renewables Powering Through the Pandemic: IEA Updated On Tue, May 11th, 2021 by Saurenergy Renewable electricity expanded at fastest pace in two decades, with huge additions of solar and wind becoming the ‘new normal’ going forward Renewable sources of electricity such as wind and solar grew at their fastest rate in two decades in 2020 and are set to expand in coming years at a much faster pace than […] Read more
Massachusetts Invites Bids for 1600 MW Offshore Wind Projects Updated On Tue, May 11th, 2021 by Saurenergy Massachusetts electric utility companies have opened their third offshore wind solicitation, releasing a Request for Proposals (RFP) for up to 1,600 MW of offshore wind power, twice the capacity they contracted in the previous rounds. The Baker administration announced the RFP on Friday, for which confidential bids are due by September 16 and public proposal […] Read more
Repsol Starts Construction of Delta II, Its Largest Renewable Project at 860 MW Updated On Tue, May 11th, 2021 by Saurenergy Repsol has begun construction of Delta II, the company’s largest renewable project to date. Once com-pleted, it will have a total capacity of 860 MW distributed over 26 wind farms located in the region of Ara-gon in northeastern Spain. In the first construction stage, Repsol has begun work on two wind farms, La Cometa I […] Read more
Voltalia Wins a Mixed Photovoltaic and Battery Storage Power Plant in French Guiana Updated On Tue, May 11th, 2021 by Saurenergy Voltalia is the sole winner of the fifth period of the CRE 4 tender for non-interconnected areas for ground-based solar power plants in French Guiana. The project, called “Parc Sable Blanc”, combines a five-megawatt photovoltaic power plant with a lithium-ion battery storage facility with a capacity of 5 megawatts and of 9.3 megawatt-hours. Located in […] Read more
Amazon Raises $1 bn Sustainability Bond, Issues $18.5 bn Debt Updated On Tue, May 11th, 2021 by Saurenergy Seattle-based tech giant Amazon.com Inc. issued its first sustainability bond yesterday, raising $1 billion to fund ongoing and new sustainability projects in renewable energy, clean transport, greener buildings and affordable housing. The total debt issued by the company on the same day was a whopping $18.5 billion. The sustainability bonds enable investors to join the firm in tackling […] Read more
Total Eren Secures Financing for 100 MW Solar Project in Uzbekistan Updated On Tue, May 11th, 2021 by Saurenergy Total Eren has successfully signed the financing documentation for its solar photovoltaic project Tutly with 100 MWac capacity in Uzbekistan Total Eren, a leading renewable energy Independent Power Producer (IPP) based in Paris, has announced that it has successfully signed the financing documentation related to its solar photovoltaic (PV) project Tutly with 100 MWac capacity. […] Read more
ACWA Power Achieves Financial Close on 100 MW CSP Plant in South Africa Updated On Tue, May 11th, 2021 by Saurenergy ACWA Power has announced the commencement of construction on the 100 MW Redstone CSP project following the achievement of financial close. ACWA Power, a leading Saudi developer and the lead shareholder in the Redstone concentrated solar power (CSP) plant, has announced the commencement of construction on the 100 MW Redstone project following the achievement of […] Read more
Airports A Better Option Than Households for Rooftop Solar- RMIT University Study Updated On Mon, May 10th, 2021 by Saurenergy According to a recent study by RMIT University (The Royal Melbourne Institute of Technology) , if Australian government-owned airports had large-scale rooftop solar systems installed, they could produce enough electricity to power 136,000 homes. That makes airports a far more attractive and effective prospects for rooftop solar, than a campaign targeting households. Researchers at RMIT […] Read more
India and the EU Commit to Energy Connectivity Partnership Updated On Mon, May 10th, 2021 by Saurenergy Last Saturday, India and the European Union agreed to bring the EU-India Roadmap 2025 in action and foster new synergies to jointly contribute to a safer, greener, cleaner, more digital, resilient and stable world. The day saw two key events- ‘India-EU Leader’s Meeting’ and ‘India-EU Business Roundtable’- being held simultaneously so that alliances in climate, […] Read more