NextEra Energy, KKR and Partners to Acquire Interest in 1.1 GW Renewables Portfolio Updated On Tue, Nov 3rd, 2020 by Saurenergy NextEra Energy Resources will sell a 90% interest in a 1 GW renewables portfolio and 100% interest in a 100-MW solar-plus-storage project for approximately USD 1.3 billion in total proceeds NextEra Energy has announced that a subsidiary of NextEra Energy Resources has entered into agreements to sell a 90 percent interest in a 1,000 megawatt (MW) portfolio […] Read more
StatKraft To Aquire Solarcentury In $152 M deal Updated On Tue, Nov 3rd, 2020 by Saurenergy Norwegian renewable energy major StatKraft has announced a deal to acquire UK based Solarcentury. The deal, worth a total of $152m (£118m) will involve StatKraft buying the shares from multiple investors, including PE investors, in Solarcentury, the largest solar PV firm in the United Kingdom. The London-based Solarcentury, a well-known name in the solar panel […] Read more
LAVLE Receives Funding from Ocean Zero to Further Innovation Across Battery Tech and Energy Storage Sectors Updated On Mon, Nov 2nd, 2020 by Saurenergy LAVLE, the leading U.S.-based supplier and developer of superior battery technologies and energy storage systems (ESS) for the renewable energy, marine, rail transportation, aviation, defense, and other markets, today announced a round of funding from Ocean Zero, LLC. The investment will further support LAVLE’s mission of enabling carbon reduction through its innovative, next generation technologies. […] Read more
IOCL Signs MoU With IISc to Develop Hydrogen Generation Tech Updated On Mon, Nov 2nd, 2020 by Saurenergy IOCL has signed an MoU with IISc Bangalore to develop and demonstrate biomass gasification-based hydrogen generation technology. The Indian Oil Corporation (IOCL), the largest fuel retailer in India, has announced that it has signed a Memorandum of Understanding (MoU) with the Indian Institute of Science, Bangalore (IISc) to develop and demonstrate biomass gasification-based hydrogen generation […] Read more
Vestas Makes Offshore Move, to Acquire MHI’s Share in MHI Vestas Updated On Fri, Oct 30th, 2020 by Saurenergy Vestas and MHI have signed an agreement which will see Vestas acquire MHI’s shares in the MHI Vestas Offshore Wind joint venture Vestas Wind Systems, a world leader in sustainable energy solutions, and Mitsubishi Heavy Industries (MHI), a leading global manufacturing and engineering firm, have signed an agreement to expand their partnership in sustainable energy. […] Read more
Total Wins 20% of the Latest National Solar Tenders in France Updated On Wed, Oct 28th, 2020 by Saurenergy Total has been awarded 67 MWp of solar projects representing 20% of the volumes awarded in the eighth period of national solar tenders called in France Total, through Total Quadran, a wholly-owned affiliate dedicated to developing and producing renewable energy in France, was awarded 67 megawatt-peak (MWp) of solar projects representing 20 percent of the […] Read more
APAC’s RE Capacity to Grow to 815 GW in 2025, led by Solar: Report Updated On Mon, Oct 26th, 2020 by Saurenergy The installed capacity of RE in the Asia-Pacific region is set for a major boost in the next five years, reaching 815 GW in 2025 from 517 GW this year The installed capacity of renewable energy (RE) in the Asia-Pacific (APAC) region is set for a major boost in the next five years, to 815 […] Read more
Etrion Completes Sale of 60 MW Mie Solar Power Project Updated On Mon, Oct 26th, 2020 by Saurenergy Etrion Corporation has completed the sale of its investment interest in the Mie 60 MW solar project and received approximately USD 32.2 million. Etrion Corporation, an independent solar power producer has announced that it has completed the sale of its investment interest in the Mie 60 MW solar project and received JPY 3.4 billion (approximately […] Read more
Iberdrola Acquires New Mexico and Texas Utility PNM Resources Updated On Fri, Oct 23rd, 2020 by Saurenergy Iberdrola, through its US subsidiary AVANGRID, has announced the acquisition of PNM, the largest utility in New Mexico with operations in Mexico. Iberdrola, through its US controlled subsidiary AVANGRID, has announced the acquisition of PNM. This friendly transaction, recommended by PNM’s board of directors, will be effected via merger. PNM’s shareholders will receive $4.3 Bn […] Read more
