Dominion Files Plan to Build its 2.6 GW Virginia Offshore Wind Project Updated On Wed, Dec 23rd, 2020 by Saurenergy Dominion Energy has filed with BOEM the required Construction and Operations Plan to build the 2.6 GW Coastal Virginia Offshore Wind project. Dominion Energy has announced that it has filed with the Bureau of Ocean Energy Management (BOEM) the required Construction and Operations Plan (COP) to build the 2,640-megawatt Coastal Virginia Offshore Wind (CVOW) commercial […] Read more
RWE Concludes Tax Equity Financing on 220 MW Cranell Onshore Wind Farm Updated On Wed, Dec 23rd, 2020 by Saurenergy RWE Renewables, one of the world’s leading renewable energy companies, has completed the successful tax equity financing of its 220-megawatt (MW) Cranell Onshore Wind Farm in Refugio County, Texas. The company secured tax equity financing with JPM Capital Corporation upon the Cranell project achieving commercial operation in the third quarter of 2020. “We are proud […] Read more
Taaleri’s SolarWind II Fund Sees Third Close at EUR 320 Million Updated On Fri, Dec 18th, 2020 by Saurenergy The Taaleri SolarWind II fund has held the third closing with approximately EUR 320 million in total commitments. The Taaleri SolarWind II fund has held the third closing with approximately EUR 320 million in total commitments. The third-close investors include Obligo Global Infrastuktur II Fund, YLE Pension Fund, the Nordic Environment Finance Corporation (NEFCO), institutional […] Read more
Drop In Blade Manufacturing Costs Changing Wind Energy Supply Chains- GWEC Updated On Thu, Dec 17th, 2020 by Saurenergy The global Wind Energy Council (GWEC) has explained the transformations in the Global Wind Blade Supply Chain Update 2020. According to GWEC Market Intelligence, wind blades are one of the vital and expensive components of a wind turbine, and reduced production costs will improve the supply chain. Having the right supply chain strategy is crucial […] Read more
Vestas Completes Acquisition of MHI’s Shares in MHI Vestas Offshore Wind Updated On Thu, Dec 17th, 2020 by Saurenergy Vestas and MHI have closed the agreement for Vestas to acquire MHI’s shares in their offshore wind joint venture i.e. MVOW Vestas and Mitsubishi Heavy Industries (MHI) have closed the agreement to expand their partnership in sustainable energy. By closing the agreement, Vestas has acquired MHI’s shares in the MHI Vestas Offshore Wind (MVOW) joint […] Read more
RWE Sells 51% Stake in 4 Texas Wind Farms to Algonquin Subsidiary for $600 Mn Updated On Tue, Dec 15th, 2020 by Saurenergy RWE has signed an agreement with a subsidiary of Algonquin Power to sell a 51 percent stake in four of its onshore wind farms in Texas Leading renewable energy company RWE has announced that it has signed an agreement with a subsidiary of Algonquin Power & Utilities Corp to sell a 51 percent stake in […] Read more
China & India Remained Biggest Emerging Markets for Clean Energy Investments: BNEF Updated On Thu, Dec 10th, 2020 by Saurenergy According to a new report by BNEF, China and India remained the biggest emerging markets for clean energy investment As 2019 came to a close, the outlook for renewable energy growth in developing economies was exceptionally bright. Power-generating capacity from solar plants such as solar projects reached 325 gigawatts (GW), up from just 1 GW […] Read more
1400 GW of Offshore Wind Achievable by 2050 With Increased Govt Commitment: OREAC Updated On Tue, Dec 8th, 2020 by Saurenergy OREAC is calling on governments to ramp up their offshore ambition to achieve the coalition’s vision of 1400 GW of offshore wind by 2050 The Ocean Renewable Energy Action Coalition (OREAC) is calling on governments to ramp up their offshore renewable energy ambition to achieve the coalition’s vision of 1400 GW of offshore wind by […] Read more
Ørsted Divests 25% of 1.1 GW Ocean Wind Offshore Project Updated On Mon, Dec 7th, 2020 by Saurenergy Ørsted has entered into an agreement to sell a 25% ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s PSEG. Ørsted has entered into an agreement to sell a 25 percent ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s Public Service Enterprise Group (PSEG). […] Read more
