Brookfield Renewable Announces Strong First Quarter Results Updated On Wed, May 5th, 2021 by Saurenergy Brookfield Renewable Partners L.P. today reported financial results for the three months ended March 31, 2021. “We had a strong quarter, as we executed on our key priorities, including investing in growth, delivering on our corporate contracting initiatives and bolstering our liquidity,” said Connor Teskey, CEO of Brookfield Renewable. “The tailwinds for renewables are accelerating as […] Read more
European Commission Approves €400 Mn Renewable Energy aid for Denmark Updated On Wed, May 5th, 2021 by Saurenergy The European Commission has approved an aid scheme worth EUR 400 million to help Denmark reach its renewable energy targets The European Commission has approved, under EU State aid rules, a Danish aid scheme to support electricity production from renewable sources. The measure will help Denmark reach its renewable energy targets without unduly distorting competition […] Read more
Dominion Energy Seeks Projects to Increase Renewable Energy in Virginia Updated On Mon, May 3rd, 2021 by Saurenergy Dominion Energy Virginia is seeking proposals from developers for new solar, onshore wind and energy storage projects. The company issues annual Requests for Proposals (RFPs) to support the goals of the Virginia Clean Economy Act (VCEA) and help the company achieve its goal of net zero greenhouse gas emissions by 2050. Dominion Energy has made […] Read more
Lithuania Well Placed to Lead on Clean Energy in Baltic Region: IEA Updated On Thu, Apr 29th, 2021 by Saurenergy Lithuania has made impressive headway in its clean energy transition in recent years but needs to take action in several key areas to accelerate progress towards its goal of climate neutrality in 2050, according to a new policy review by the International Energy Agency. The European nation is seeking membership of the IEA, which conducted the […] Read more
NYSERDA to repurpose former Benson mine into 20 MW solar plant Updated On Wed, Apr 28th, 2021 by Saurenergy Yesterday, Governor Andrew M. Cuomo, the 56th governor of New York State, announced a lease-option agreement for the first build-ready site in New York State, under which the New York State Energy Research and Development Authority (NYSERDA) will repurpose the formerly mined land in St. Lawrence County into one of the largest solar projects in […] Read more
US DOE to Issue $8.25 Bn in Loans to Enhance Transmission Nationwide Updated On Wed, Apr 28th, 2021 by Saurenergy The US DOE has announced the availability of up to USD 8.25 billion in loans for efforts to expand and improve the US transmission grid. In support of the Biden Administration’s commitment to modernise the nation’s power grid and infrastructure and deliver 100 percent clean energy to businesses and homeowners by 2035, the US Department […] Read more
Bureau Veritas Acquires US-Based Renewables Construction Management Firm Updated On Mon, Apr 26th, 2021 by Saurenergy Bureau Veritas, a world leader in testing, inspection and certification (TIC), today announced the acquisition of Bradley Construction Management, a US-based leading provider of construction management services for the renewable energy sector. Bradley Construction Management provides owner’s representation as well as construction and site management assistance services for wind, solar and energy storage projects. The company has successfully supported the […] Read more
IFC to Support Azerbaijan’s Shift from Fossil Fuels to Renewable Energy Updated On Sat, Apr 17th, 2021 by Saurenergy In a bid to develop the offshore wind energy sector as part of Azerbaijan’s efforts to shift to renewable energy sources, IFC, a member of the World Bank Group, and Azerbaijan’s Ministry of Energy today signed a Memorandum of Understanding. The aim is to support the country in reducing reliance on fossil fuels for electricity […] Read more
Norway’s $1.3 Trillion Sovereign Fund Makes First Green Infra Investment Updated On Thu, Apr 8th, 2021 by Saurenergy Norway’s $1.3 trillion sovereign wealth fund, a pioneer and probably the largest in the world has announced its first investment into renewable energy infrastructure on April 7. The fund, which was in the news for its decision to stop and exit from all investments in fossil fuel-based firms, sold the last of its holdings in such […] Read more