Urgency of Meeting Electricity Demand in China From Zero-Carbon Sources: Report Updated On Tue, Jan 19th, 2021 by Saurenergy A new report has highlighted both the opportunity and urgency of meeting electricity demand growth in China from zero-carbon sources. On September 22, 2020, President Xi Jinping announced that China will strive to peak emissions before 2030 and achieve carbon neutrality before 2060. This new climate pledge is a critical step forward in the global […] Read more
New York Awards Equinor and bp 2490 MW in Offshore Wind Contracts Updated On Fri, Jan 15th, 2021 by Saurenergy Equinor and bp have been selected to provide New York State with offshore wind power in one of the largest renewable energy procurements in the US to date. Equinor, along with incoming strategic partner bp, has been selected to provide New York State with offshore wind power in one of the largest renewable energy procurements […] Read more
Canadian Solar Breaks Ground on 300 MW Solar Plus 561 MWh Storage Project in California Updated On Fri, Jan 15th, 2021 by Saurenergy Canadian Solar has announced that its wholly-owned subsidiary, Recurrent Energy, completed the sale of the Slate project to Goldman Sachs Renewable Power (GSRP). The project is a 300 MWac solar plus 140.25 MW / 561 MWh storage project located in Kings County, California, and has commenced construction. Canadian Solar’s majority-owned energy storage subsidiary, System Solutions and […] Read more
CAMS Acquires Solar O&M Company Belectric Updated On Thu, Jan 14th, 2021 by Saurenergy Consolidated Asset Management Services (CAMS) today announced that it has acquired the U.S. solar operations and maintenance (O&M) business of Belectric Inc. The Belectric portfolio includes 141 operating sites in 11 states. With extensive O&M and Asset Management experience in renewable power generation, CAMS sees this solar O&M transaction as a natural extension of its […] Read more
Cordelio Power Sells 49% Stake in Ontario Renewable Power Portfolio to Axium Infrastructure Updated On Wed, Jan 13th, 2021 by Saurenergy Cordelio Power (“Cordelio”) and Axium Infrastructure (“Axium”) are pleased to announce that Axium has purchased a 49% interest in Cordelio’s Ontario renewable portfolio. The 396 MW “Denfield” portfolio includes four wind projects and two solar projects located in southwestern Ontario. Cordelio will continue to manage the Denfield assets for the newly formed partnership. “We’re excited to partner and share best […] Read more
Total and Engie to Develop France’s Largest Renewable Hydrogen Site Updated On Wed, Jan 13th, 2021 by Saurenergy Total and Engie have signed a cooperation agreement to build and operate France’s largest renewable hydrogen production site Total and Engie have signed a cooperation agreement to design, develop, build and operate the Masshylia project, France’s largest renewable hydrogen production site at Châteauneuf-les-Martigues in the Provence-Alpes-Côte d’Azur South region. Located at the heart of Total’s […] Read more
Sterlite Power Completes Merger of Subsidiary; Announces Annual Results Updated On Wed, Jan 13th, 2021 by Saurenergy Sterlite Power has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures with the parent entity. Sterlite Power, a leading global power transmission player, has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures Ltd. with the parent entity. With this merger, the company further […] Read more
Engie, Neoen in Pact for 1 GW Integrated Renewable Project in France Updated On Wed, Jan 13th, 2021 by Saurenergy French energy majors Engie and Neoen are collaborating to construct a 1 GW solar and storage project in south-west France. French energy majors Engie and Neoen are collaborating to construct a 1 GW solar and storage project in south-west France. While Engie is an established Euro 60 billion giant, Neoen is a relatively new specialist […] Read more
2021: Counting On PSU’s To Flex Solar Muscles Updated On Wed, Jan 13th, 2021 by Saurenergy Just 5 years ago, if you had looked around at India’s largest energy public sector firms or PSU’s, be they energy producers or consumers, you would have struggled to see ambition, when it came to their renewable energy plans. However, more has changed in the preceding 5 years than any 5 year plan devised by […] Read more