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
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
CIT Leads $69 Million Financing for Solar Portfolio Updated On Thu, Jan 14th, 2021 by Saurenergy CIT Group Inc. has announced that its Power and Energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar LLC, a leading integrated solar and storage energy service provider based in North Carolina. The 23 operating solar assets in the portfolio, a majority of which are located […] Read more
Sterlite Power Appoints Amitabh Prasad as Brazil CEO Updated On Thu, Jan 14th, 2021 by Saurenergy Sterlite Power, a leading global developer of power transmission, has announced the appointment of Amitabh Prasad as CEO, Sterlite Power Brazil. After two years of association with the company in various leadership positions, Ricardo Cleber Zangirolami has decided to step down from the CEO position due to personal reasons. He will continue to support the […] Read more
Siemen’s Gamesa Pushes for Profitability, Closes 2 Plants in Spain Updated On Thu, Jan 14th, 2021 by Saurenergy Siemens Gamesa, the Spanish-German wind turbine manufacturer that is among the global top 3 in the sector, has shuttered two of its plants in Spain following lack of orders from the Spanish market for the blades it manufactures at these plants. The closures, which will lead to the loss of 266 jobs, have followed months […] Read more
The Case For Battery Storage- A UK View Updated On Wed, Jan 13th, 2021 by Saurenergy A report by partners at LCP LLP, a UK based advisory firm, picks on battery storage as an investment opportunity. Its an interesting pointer to the possible future in the UK and also in India at some stage, although the Indian case would be a possibility after some major reforms and deregulation. But as a […] 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
Orsted, SGRE Consortium Receives Funding to Investigate Offshore Hydrogen Production Updated On Tue, Jan 12th, 2021 by Saurenergy ITM Power, Ørsted, Siemens Gamesa Renewable Energy, and Element Energy have been awarded EUR 5 million in funding from The Fuel Cells and Hydrogen Joint Undertaking (FCH2-JU) under the European Commission to demonstrate and investigate a combined wind turbine and electrolyser system designed for operation in marine environments. The Fuel Cells and Hydrogen 2 Joint […] Read more
India’s Solar Manufacturing- A Tale of failed Government Initiatives Updated On Mon, Jan 11th, 2021 by Saurenergy India’s solar manufacturing prowess, or lack of it, has been a regular cause for concern ever since the country started powering forward in capacity additions from 2016 onwards. A new report from IEEFA and JMK Analytics puts the spotlight on the sector, especially on its failure to ramp up even as demand went up domestically. […] Read more
