BHEL Seeking Pre-Bid Tie-ups for 50 MW BESS Under SECI’s Solar Plus Storage Tender Updated On Thu, Nov 26th, 2020 by Saurenergy BHEL is looking to enter a pre-bid tie-up for 50 MW/ 150 MWh BESS for SECI’s solar plus storage tender that BHEL is participating in Chhattisgarh. BHEL has announced that it is participating in a tender for the design, engineering, supply, construction, erection, testing and commissioning of 100 MW (AC) solar PV project (200 MWp […] Read more
Leeward Renewable Energy Completes Repowering of Sweetwater 3 Wind Farm Updated On Wed, Nov 25th, 2020 by Saurenergy Leeward Renewable Energy, has announced the successful completion, in late September, of the repowering and final financial close of its Sweetwater 3 Wind Farm (“Sweetwater 3”) in Nolan County, Texas. Leeward procured the wind turbine equipment from GE Renewable Energy, which also provided construction services and is providing operations and maintenance services for the project. […] Read more
Enel Plans to Invest €160 Bn by 2030 to Accelerate the Energy Transition Updated On Wed, Nov 25th, 2020 by Saurenergy Enel has released its vision 2030 and announced that it is placing at the core of its strategy the acceleration of the energy transition. One of the biggest utilities in Europe – Enel has released its vision 2030 and 2021–2023 strategic plan. The firm has announced that it is placing at the core of its […] Read more
Vesper Energy Secures Letter of Credit Facility for up to $100 Million Updated On Tue, Nov 24th, 2020 by Saurenergy New Financing Will Fast-Track the Development of Its 3 GW Solar, 2.5 GWh Energy Storage North American Project Pipeline Vesper Energy – a leading developer, owner and operator of utility-scale renewable energy assets – announced it closed a new letter of credit (LC) facility with Macquarie Group (“Macquarie”) for up to $100 million. The LC […] Read more
SunSource Bags Floating Solar Plus Storage Project in Andaman Updated On Fri, Nov 20th, 2020 by Saurenergy SunSource Energy will develop a 4 MW floating solar project along with a 2 MW storage system in Andaman and Nicobar Islands which it has won in a SECI tender. SunSource Energy, a leading distributed solar energy company, has announced that it will develop a 4 MWac grid-connected floating solar PV power project, along with […] Read more
EESL Appoints Mahua Acharya to Lead its Clean Energy Company ‘Convergence’ Updated On Thu, Nov 19th, 2020 by Saurenergy EESL has appointed Mahua Acharya to lead its new energy company ‘Convergence’ which is focused on delivering clean, affordable and reliable energy. Energy Efficiency Services Limited (EESL), a joint venture of public sector undertakings under the Ministry of Power, Government of India, has announced the appointment of Mahua Acharya to lead a new energy company, […] Read more
Australia’s Leanings Towards Battery Storage Over New Transmission Updated On Wed, Nov 18th, 2020 by Saurenergy It is no secret that power distribution firms worldwide are considering energy storage options in a big way to augment or even defer investments in transmission system updates. Part of the reason is the higher share of intermittent renewable energy, but another is simply the variable nature of power demand, where a network can be […] Read more
Rising Market Cap Fuels Acquisition Ambitions For US Renewable Energy Firms Updated On Tue, Nov 10th, 2020 by Saurenergy Early in October this year, NextEra Energy, a renewable energy firm with almost 18 GW of solar and wind plants till last year, overtook Exxon Mobil in market cap for the first time ever. The event marked both the rising tide for renewable energy firms seen as leading the new energy transition, and the mark […] Read more
Storage Emerging As Issue For Europe’s RE Growth Updated On Mon, Nov 9th, 2020 by Saurenergy Europe, which has covered a lot of ground in terms of share of renewable energy in the grid, risks losing the advantages that should flow from these investments, says a report by research firm Woodmac. (Wood Mackenzie). Storage as a key driver is an issue we have also flagged earlier, at SaurEnergy in our October […] Read more
