RACEnergy Opens Battery Facility Capable of Producing 30,000 Swappable Batteries PA Updated On Fri, Jun 30th, 2023 by Saurenergy RACEnergy, a deep-tech electric vehicle infrastructure company for battery swapping, has inaugurated its 10,000 sq. ft. battery production facility. Equipped with a 50 MWh battery production plant, it can manufacture 30,000 batteries per annum. As per the firm, the new facility will provide a collaborative environment for engineers and designers to push the boundaries of […] Read more
SKF Signs VPPA with Enel to Power One-Third of its European Operations Updated On Fri, Jun 23rd, 2023 by Saurenergy A firm that delves into industrial sustainability, SKF has signed a Virtual Power Purchase Agreement (VPPA) with Enel. The long-term agreement, forged with global energy company Enel, will enable SKF to purchase guarantees of origin from Enel’s forthcoming solar project in Spain over 15 years. The purchased guarantees of origin will match the electricity consumption […] Read more
Europe’s Solar Firm Alight Signs PPA With Axfood To Build Sweden’s Largest Solar Park Updated On Wed, Jun 21st, 2023 by Saurenergy Europe’s solar developer and Independent power producer Alight and food retail group Axfood have signed a Power Purchase Agreement (PPA) to build Sweden’s largest solar park threefold. The scale of the solar park unlocks the possibility of using non-recourse project financing for the first time, signaling a shift in the feasibility of large-scale solar in […] Read more
RE Projects With No PPAs, Made For Power Exchanges- CFD could Make It Possible Updated On Fri, Jun 9th, 2023 by Saurenergy In an announcement that could potentially change the landscape of renewable energy projects, the way they are procured and the flexibility, freedom enjoyed by developers and generators in the industry, new renewable energy projects can now be sold on power exchanges exclusively. Traders and project developers will interact directly for contracting supplies from these projects. […] Read more
FORVIA Signs PPA With RPC For 417 GWh Wind Power In Europe Updated On Tue, May 30th, 2023 by Saurenergy French automotive supplier Faurecia, owned by FORVIA, has announced that it has signed a ten-year Power Purchase Agreement (PPA) with clean energy major Renewable Power Capital in a bid to further its efforts for decarbonisation. This deal is securing almost all the output from the 417 GWh, 24 wind turbine, Klevberget onshore farm in Sweden. […] Read more
Vibrant Energy, Saint-Gobain Sign PPA for Round-the-Clock Renewable Energy Updated On Wed, May 17th, 2023 by Saurenergy Corporate renewable energy solutions provider Vibrant Energy and Saint-Gobain India have entered into a long-term PPA for the delivery of round-the-clock wind-solar hybrid energy to Saint-Gobain facilities in India. Vibrant Energy is a portfolio company of Macquarie Asset Management’s Green Investment Group (MAM-GIG). As a part of the PPA, Vibrant Energy will set up 75 […] Read more
Recurrent Energy Secures PPA For 100 MW Liberty Solar Project Updated On Tue, May 16th, 2023 by Saurenergy Canadian Solar-owned Recurrent Energy has signed an aggregated virtual power purchase agreement (VPPA) with Texas-based industries for 100% of the production capacity of its Liberty Solar project. The industries concerned are EMD Electronics, Biogen Inc., Wayfair Inc., Autodesk, Inc. and a large healthcare company. Recurrent Energy is currently developing the 100 MWac solar project near […] Read more
Corporate PPA Contracts Added 148 GW of RE From 2015 to 2022: WBSCD Updated On Thu, May 11th, 2023 by Saurenergy As per a recent report shared by World Business Council for Sustainable Development (WBSCD), 23% of the firms that aimed for 100% renewable energy have achieved their goal of 100% renewable energy. Furthermore, by 2021, companies committing to procure 100% renewable power through RE100 were procuring 49% from renewable sources, equating to 184 TWh of […] Read more
Acconia Energía, The Blue Circle Sign 436MW Thailand Wind Energy PPA Updated On Wed, May 10th, 2023 by Saurenergy Spanish renewable energy developer Acconia Energía has been awarded a Power Purchase Agreement (PPA) for five wind projects totaling 436MW in Thailand together with its participated company The Blue Circle. The Blue Circle is a wind energy player mainly focused on ASEAN markets. Acconia Energía said that the projects have been allocated through a tender […] Read more
