ADB Grants $451 Mn to Strengthen Power Connectivity in Tamil Nadu Updated On Thu, Nov 7th, 2019 by Saurenergy ADB has approved a USD 451 million loan to strengthen power connectivity between the southern and northern parts of the CKIC in Tamil Nadu The Asian Development Bank (ADB) has approved a USD 451 million loan to strengthen power connectivity between the southern and northern parts of the Chennai–Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu, […] Read more
Apple led Consortium to Purchase Wind Energy in Texas Updated On Wed, Nov 6th, 2019 by Saurenergy Apple, eBay, Samsung, and Sprint have announced a joint agreement to purchase power from a new wind farm developed by Apex Clean Energy in Texas Apple, eBay, Samsung, and Sprint have announced a joint agreement to purchase power from a new wind farm owned and developed by Apex Clean Energy in Texas. The transaction—spearheaded by […] Read more
Genie Energy Solar Arm Bags Module Supply Order from JPMorgan Chase Updated On Tue, Nov 5th, 2019 by Saurenergy Prism Solar Technologies (Prism Solar), a solar manufacturing arm of Genie Energy, has secured an order from JPMorgan Chase to supply solar modules for the installation at its facilities. The company said in a statement that, “Genie Energy Ltd announced that its solar manufacturing subsidiary, Prism Solar Technologies, has received additional purchase orders from JPMorgan […] Read more
Automotive Li-ion Battery Market Projected to $74.3 Bn by 2024, Report Updated On Mon, Nov 4th, 2019 by Saurenergy As per the P&S Intelligence market research report, the automotive lithium-ion battery market size was valued at USD 24.2 billion last year. The market share for automotive lithium-ion (li-ion) battery is projected to reach USD 74.3 billion by 2024, progressing at a CAGR of 15.9 percent during (2019-2024), said the market research report. As per the P&S […] Read more
Intersect Power Inks Long-term PPA with Direct Energy for 250 MW Solar Project Updated On Fri, Nov 1st, 2019 by Saurenergy Moreover, the Athos I project is likely to kick start construction in June 2020 and Athos II in October 2020. Utility-scale renewable energy developer Intersect Power has signed a long-term power purchase agreement (PPA) with Direct Energy Business for Intersect Power’s 250 MW (MWAC) solar project. Direct Energy Business is a part of Direct Energy, one of North America’s largest […] Read more
Massachusetts Selects 804 MW Mayflower Wind Proposal Updated On Thu, Oct 31st, 2019 by Saurenergy Mayflower Wind has been chosen by Massachusetts to supply 804 MW of clean, renewable energy from offshore wind to the electricity customers within the state Mayflower Wind Energy, a joint venture of Shell New Energies and EDPR Offshore North America (EDPR), has been chosen by Massachusetts to supply 804 MW of clean, renewable energy from […] Read more
ABB to Connect World’s Largest Offshore Wind Project to UK Grid Updated On Thu, Oct 31st, 2019 by Saurenergy ABB has been selected to connect the world’s largest offshore wind farms in the Dogger Bank region to the UK transmission network. ABB has been selected by UK-based SSE Renewables and Norwegian firm Equinor to supply its high-voltage direct current (HVDC) Light converter systems to connect the world’s largest offshore wind farms in the Dogger […] Read more
Global Wind Technology Tenders Down 26 percent in Q3 2019 Updated On Thu, Oct 31st, 2019 by Saurenergy Wind technology tenders activity in Q3 2019 saw a drop of 26 percent over the last four-quarter average of 58. Wind technology tenders activity in Q3 2019 saw 43 tenders announced, marking a drop of 26 percent over the last four-quarter average of 58, according to a new analysis. According to GlobalData’s power industry tenders […] Read more
ACWA Power Bags 250 MW Solar Projects in Ethiopia’s PPP Programme Updated On Tue, Oct 29th, 2019 by Saurenergy ACWA Power has been awarded 250 MW solar projects by the PPP-DG of the Ethiopian Ministry of Finance. ACWA Power, a leading international developer has announced that it has been awarded 250 MW (2*125 MW) solar photovoltaic (PV) projects by the Public-Private Partnership Directorate General (PPP-DG) of the Ministry of Finance in Ethiopia. ACWA Power […] Read more
