Lightsource bp Signs Power Contract for 153 MW Solar Project in Texas Updated On Fri, Jan 8th, 2021 by Saurenergy Lightsource bp has secured a proxy generation power purchase agreement (pgPPA) with the Capital Solutions unit of Allianz Global Corporate & Specialty (AGCS), in partnership with Nephila Climate. The pgPPA is for electricity generated by Lightsource bp’s 153 megawatt Briar Creek solar farm, located in Navarro County, Texas. A pgPPA is an innovative renewable energy […] Read more
South Korea’s SK Group Invest $1.5 Billion in Hydrogen Player Plug Power Updated On Fri, Jan 8th, 2021 by Saurenergy Plug Power and SK Group intend to form a strategic partnership to accelerate hydrogen as an alternative energy source in Asian markets. Plug Power, a leading provider of hydrogen fuel cell and fueling solutions enabling e-mobility, and SK Group, one of the leading South Korean business groups, has announced that the companies intend to form […] Read more
ACWA Power, APICORP Sign on $125 Mn Facility to Accelerate Green Transition Updated On Fri, Jan 8th, 2021 by Saurenergy APICORP and ACWA Power have signed on a USD 125 million 5-year corporate facility to support ACWA Power’s future growth pipeline. APICORP, a leading multilateral development financial institution, and ACWA Power, a leading Saudi developer, have announced the signing of a USD 125 million 5-year Shariah-compliant corporate facility to support ACWA Power’s future growth pipeline. […] Read more
ITC Limited Commits to 100 Percent RE for all Energy Needs by 2030 Updated On Thu, Jan 7th, 2021 by Saurenergy ITC has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. Indian multinational conglomerate ITC Limited has announced that it has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. “As a part of […] Read more
Carlyle Group Partners With Amp Energy, By Investing USD 374 Mn Updated On Thu, Jan 7th, 2021 by Saurenergy Global investment firm, The Carlyle Group has announced its growth investment in Amp Solar Group (Amp Energy), an energy transition platform company, with an investment of USD 374 million. The Canadian based, global renewables company has developed over 1.8 GW of distributed and utility-scale renewable generation projects, hybrid generation plus storage projects and stand-alone battery […] Read more
ReneSola Power and Eiffel IG Sign MOU for JV to Fund Solar Development in Europe Updated On Wed, Jan 6th, 2021 by Saurenergy ReneSola Ltd (“ReneSola Power” or the “Company”), a leading fully integrated solar project developer, today announced that it signed a Memorandum of Understanding (MOU) with Eiffel Investment Group (“Eiffel”), a leading asset management firm with 3 billion euros under management, to establish a joint venture that will provide financing for ReneSola Power’s current and future solar projects […] Read more
Radix IoT, REIG Launch REvolution IoT™ Turn-Key IoT Monitoring Portal for Mid-Scale Utility Solar Installations Updated On Wed, Jan 6th, 2021 by Saurenergy REvolution IoT Software Platform is Part of REnergyWare™ DAS/SCADA Monitoring, Management Software, RESource™ Digital Operations and Maintenance Services for Asset Management, Production Insights, Reporting, and Alerting Radix IoT–offering limitless monitoring and management rooted in intelligence–and Renewable Energy Integration Group (REIG)–design, engineering, and DAS/SCADA hardware providers for utility-scale solar developers–have joined forces in launching REvolution IoT™. […] Read more
FlexGen and CATL to Deliver 220 MWh Energy Storage in Texas Updated On Wed, Jan 6th, 2021 by Saurenergy FlexGen has teamed with CATL to install two 110 MWh stand-alone battery storage projects in Texas’ Hill Country. FlexGen, a leading energy storage technology solutions and services provider, has announced it has teamed with CATL, a global leader in the development and manufacturing of lithium-ion batteries for new energy vehicles and energy storage systems (ESS), to install […] Read more
PURE EV Brings ‘BaTRics Faraday’ System, AI to Detect Issues in Li-Ion Batteries Updated On Tue, Jan 5th, 2021 by Saurenergy A Hyderabad based electric vehicle (EV) startup PURE EV has come with an Artificial Intelligence (AI) system named ‘BaTRics Faraday’ that can detect and repair issues in the Lithium-Ion battery of its Electric Two-Wheelers (E2Ws). Interestingly, these E2Ws do not need to be taken to the customer service center and the issue can get resolved […] Read more
