ReneSola Halves Forecast for Q4 2019 Citing Delay in Project Sale Updated On Fri, Jan 17th, 2020 by Saurenergy ReneSola has updated its financial guidance for Q4 & fiscal year 2019 to reflect the delay in recognising revenue from the sale of a solar project in Canada ReneSola, a leading fully integrated solar project developer has announced that it has updated its financial guidance for the fourth quarter (Q4) and fiscal year 2019 to […] Read more
Fortum to Acquire Battery Recycling Specialist Crisolteq Updated On Fri, Jan 17th, 2020 by Saurenergy Fortum is acquiring the entire shareholding in the Finnish growth company Crisolteq, a specialist in the recycling of valuable metals in li-ion batteries. Fortum has announced that it is acquiring the entire shareholding in the Finnish growth company Crisolteq, a specialist in the recycling of valuable metals in lithium-ion batteries. The investment strengthens Fortum’s position […] Read more
TERI Suggests Key Allocations and Policy Signals for Union Budget Updated On Thu, Jan 16th, 2020 by Saurenergy TERI has presented its suggestions for key allocations and policy signals before the government rolls out the Union Budget For The Energy and Resources Institute (TERI), green is the only way to go as it has presented its suggestions for key allocations and policy signals before the government rolls out the Union Budget on February […] Read more
Need Transmission Infrastructure to Support Clean Energy Goals: Report Updated On Thu, Jan 16th, 2020 by Saurenergy A new report has highlighted that without strategic expansion of transmission infrastructure, the ability to meet clean energy goals may be in jeopardy. A new report by WIRES, the international trade association that promotes investment in all aspects of the high voltage grid, highlights the concerns that without strategic and timely expansion of transmission infrastructure, the […] Read more
Financial Services Firm Visa Reaches 100% Renewable Electricity Goal Updated On Thu, Jan 16th, 2020 by Saurenergy Visa has announced that it has met its goal to use 100% renewable electricity by 2020, furthering its commitment to lead sustainably across its operations American financial services corporation, Visa has announced that it has met its goal to use 100 percent renewable electricity by 2020, furthering the company’s commitment to lead responsibly and sustainably […] Read more
Masdar and Cepsa Form JV to Develop RE Projects in Spain and Portugal Updated On Thu, Jan 16th, 2020 by Saurenergy Masdar and Cepsa have announced an agreement to establish a JV company to develop renewable energy projects in Spain and Portugal. Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, and Cepsa, a global energy and chemical company owned by Mubadala and the Carlyle Group, has announced an […] Read more
European Commission Announces new Green Deal Worth €1 tn Updated On Thu, Jan 16th, 2020 by Saurenergy The European Union is committed to becoming the first climate-neutral bloc in the world by 2050, announcing a green deal worth EUR 1 trillion to achieve that target. The European Union is committed to becoming the first climate-neutral bloc in the world by 2050. This requires significant investment from both the EU and the national […] Read more
Enel Starts Operation of 475 MW of Solar Capacity in Brazil Updated On Wed, Jan 15th, 2020 by Saurenergy Enel Group’s Brazilian renewable subsidiary has started operations of the 475 MW section of São Gonçalo solar PV plant in the northeastern state of Piauí The Enel Group’s Brazilian renewable energy subsidiary Enel Green Power Brasil Participações Ltda. (EGPB) has started operations of the 475 MW section of São Gonçalo solar PV plant, located in […] Read more
Altus Power Raises USD 850 Million to Expand Solar Portfolio Updated On Wed, Jan 15th, 2020 by Saurenergy Altus Power has announced that Blackstone has led a recapitalisation with USD 850 million to refinance the existing capital structure and fund future development Altus Power America, a market-leading solar power company that provides clean electricity to commercial, industrial and municipal clients across the US, has announced that Blackstone, through its GSO Capital Partners LP and Blackstone Insurance Solutions groups, has […] Read more