Sunrun Records Total Revenue of $334.8 Million in Q1 FY21 Updated On Thu, May 6th, 2021 by Saurenergy An American provider of residential solar panels and storage energy services, Sunrun Inc. has rolled out its financial results for the first quarter of the fiscal year ended March 31, 2021 (Q1 FY21). Sunrun announced that it has welcomed around 23,556 new customers in FY21 with a total revenue was USD 334.8 million in Q1 […] Read more
BLM Approves $550 Million Crimson Solar Project in California Desert Updated On Thu, May 6th, 2021 by Saurenergy The United States Interior Department has announced that the Bureau of Land Management (BLM) has given final approval to a Crimson solar energy project on public lands in the California desert. The Crimson Solar Project is capable of delivering enough power to energize approximately 87,500 homes, it has an estimated investment of USD 550 million. […] Read more
Mitsubishi Power and Powin Partner to Enhance California’s Grid Reliability with Two Battery Energy Storage Projects Updated On Wed, May 5th, 2021 by Saurenergy Southern Power has awarded Mitsubishi Power Americas, Inc. and Powin, LLC an order for two utility-scale battery energy storage system (BESS) projects totaling 640 megawatt hours (MWh). These projects will enhance California’s grid reliability with additional flexible resource capacity for integrating intermittent renewable energy into the grid. The BESS projects are among the first collocated […] Read more
SHV Energy Acquires Majority Stake in Indian C&I Solar Firm SunSource Updated On Wed, May 5th, 2021 by Saurenergy SHV Energy will invest in SunSource Energy, a leading provider of distributed energy for C&I customers in India SHV Energy has announced that it will invest in SunSource Energy, a leading provider of distributed energy for commercial and industrial (C&I) customers in India with a presence across South-East Asia. SHV Energy’s acquired majority stake is […] Read more
Investments Worth $810 Billion Expected in the Offshore Wind Sector This Decade Updated On Mon, May 3rd, 2021 by Saurenergy The combined capital and operational expenditure in the offshore wind sector for the decade is set to add up to a massive USD 810 billion A new report by Rystad Energy has predicted that the offshore wind industry’s global installed capacity will exceed 250 gigawatts (GW) by 2030, driven by a surge in coming projects. […] Read more
3.3 Million new Jobs in Wind Energy Sector by 2025: GWEC Updated On Fri, Apr 30th, 2021 by Saurenergy A new analysis by GWEC has detailed that 3.3 million new wind power jobs can be created globally over the next five years. A new analysis by the Global Wind Energy Council (GWEC) has detailed that 3.3 million new wind power jobs can be created globally over the next five years thanks to major industry […] Read more
Advanced Power Achieves Financial Close of 140-MWdc Cutlass Solar project Updated On Thu, Apr 29th, 2021 by Saurenergy Advanced Power announced today that it has successfully closed the financing of Cutlass Solar, a 140-MWdc photovoltaic solar electric generating facility located in Fort Bend County, Texas. Advanced Power, together with its co-investors, ENEOS Corporation (“ENEOS”) and Fuyo General Lease Co., Ltd. (“Fuyo”), are the owners of the facility. CIT Bank, N.A., Credit Agricole Corporate & […] Read more
Biden Administration Selects 5 GW Mega Solar Project in Africa Updated On Thu, Apr 29th, 2021 by Saurenergy Mega Solar is a partnership between the Govts of Namibia and Botswana, and others, which is expected to generate up to 5 GW of solar power. US President Biden recently hosted a virtual Leaders Summit on Climate to catalyse global ambition to address the climate crisis. The Summit convened world leaders to galvanize efforts to […] Read more
Bloom Energy Installs its First Green Hydrogen-Powered Fuel Cells Updated On Wed, Apr 28th, 2021 by Saurenergy California-headquartered Bloom Energy announced yesterday that it has successfully deployed 100 kilowatts of solid-oxide fuel cells (SOFC) powered solely by hydrogen in Ulsan, South Korea, generating zero-carbon onsite electricity. For this project, the firm had worked in collaboration with its Korean partner, SK Engineering & Construction Co., Ltd., an affiliate of SK Group. The installation […] Read more
