Iberdrola and Danone España join Forces Behind the Creation of Europe’s Biggest Photovoltaic Plant Updated On Fri, Jan 22nd, 2021 by Saurenergy Iberdrola and Danone have joined forces in their sustainability commitments with the signing of a long-term Power Purchase Agreement (PPA), which will drive the development of Europe’s biggest photovoltaic plant. The initiative consolidates Danone’s long-term renewable strategy and means that 100% of the renewable electricity used in its plants and factories in Spain will come […] Read more
IRENA Members endorse launch of Global High-Level Forum on Energy Transition Updated On Fri, Jan 22nd, 2021 by Saurenergy New trend-setting platform aims to spur energy transition as integral part of COVID-19 recovery IRENA’s Members overwhelmingly approved the establishment of a new, vision-building Global High-Level Forum on Energy Transition, using IRENA’s knowledge and convening powers to centre-stage energy transitions at the heart of an effective post-COVID recovery. The decision concludes the Agency’s annual Assembly […] Read more
Power System Overcapacity Problem in Bangladesh Getting Worse: IEEFA Updated On Fri, Jan 22nd, 2021 by Saurenergy Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note by IEEFA. Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA). Data from […] Read more
Power Insights from China For 2020-Surge for Wind, Solar, Consumption Up 3.1% Updated On Thu, Jan 21st, 2021 by Saurenergy On January 19, China’s National Energy Administration (NEA) released data on electricity consumption for the full year (2020). And the numbers are surprising, in more ways than one. The big surprise of 2020 was the newly installed capacity of power sources. At 190.87 million kilowatts, these included 13.23 million kilowatts of hydropower, 71.67 million kilowatts […] Read more
EDPR Acquires Majority Interest in Distributed Solar Platform C2 Omega Updated On Wed, Jan 20th, 2021 by Saurenergy EDPR NA Distributed Generation will focus exclusively on downstream generation and energy efficiency services EDPR Renewables North America LLC (EDPR NA) announces the acquisition of a majority interest in C2 Omega LLC, the distributed solar platform of C2 Energy Capital LLC (C2). The new company, EDPR NA Distributed Generation, will be the exclusive provider of […] Read more
Pattern Energy Closes Financing of Largest Wind & Solar Energy Fund in Japan Updated On Wed, Jan 20th, 2021 by Saurenergy Pattern Energy Group LP (Pattern Energy) has announced that it has closed the financing of a USD 515 million fund, Green Power Renewable No. 1 Investment LP (the fund), the largest fund in Japan focused on wind and solar energy investments. Pattern Energy’s affiliate in Japan, Green Power Investment Corporation (GPI), will manage the fund and is also one […] Read more
Dominion Energy Acquires 150 MW Solar Project in Ohio from Invenergy Updated On Wed, Jan 20th, 2021 by Saurenergy Dominion Energy announced today that one of its subsidiaries has acquired the 150-megawatt (AC) Hardin solar generating facility, which recently entered service in Hardin County, Ohio, from Chicago-based Invenergy. Facebook will take the electricity generated at the facility as well as the renewable energy credits, under a long-term agreement signed prior to the project’s construction. “With this solar project, Dominion […] Read more
EV Startup Rivian Raises USD 2.65 Billion, Led by T. Rowe Price Updated On Wed, Jan 20th, 2021 by Saurenergy Rivian, an electric vehicle (EV) startup, provider of electric SUVs, has announced the closing of its latest investment round of USD 2.65 billion led by T. Rowe Price Associates, Inc. This round also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue, and D1 Capital Partners as well as several other existing and […] Read more
GM & Cruise Partner With Microsoft to Commercialise Self-Driving EVs Updated On Wed, Jan 20th, 2021 by Saurenergy GM and Cruise have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of self-driving EVs. General Motors (GM) and Cruise, have announced that they have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of self-driving electric vehicles (EVs). As per the partnership agreement, the companies will bring together their […] Read more
