European PPA Prices Double Y-o-Y Since Energy Crisis: Pexapark Updated On Thu, Oct 6th, 2022 by Saurenergy Swiss firm Pexapark, which provides software and advisory services for post-subsidy renewable energy sales and risk management, has released a report entitled “Reflections on an ‘uprecedented’ year”. The study offers a comprehensive view on how the global energy crisis, that has led to an unprecedented period of market turmoil, has affected renewable energy trading and […] Read more
Adani Green Launches Three Step-Down Subsidiaries in Renewable Segment Updated On Tue, Oct 4th, 2022 by Saurenergy Three new subsidiary businesses for the renewable energy industry have been incorporated by Adani Renewable Energy Holding Four Limited. Adani Renewable Energy Holding Four Limited is its subsidiary, and the recently established firms are its step-down subsidiaries, according to a statement released by Adani Green Energy Ltd (AGEL). “Three brand-new subsidiaries have been incorporated by […] Read more
Canada’s Brookfield Invests $2 Billion in Scout Clean Energy, Standard Solar Updated On Mon, Oct 3rd, 2022 by Saurenergy Brookfield Renewable, which owns, operates and develops renewable power, together with its institutional partners, has announced two investments in the US renewable energy sector. Brookfield will acquire Scout Clean Energy for $1 billion with the potential to invest an additional $350 million to support the business’ development activities. It also announced the closing of its […] Read more
Italy Allocates 413 MW Of Renewable Energy Projects In 9th Auction Updated On Fri, Sep 30th, 2022 by Saurenergy In a fresh development, the energy agency of Italy, Gestore dei Servizi Energetici (GSE), has announced the results of the 9th renewable energy auctions of the country. The agency allocated over 413 MW of capacity for renewable energy projects of over 1 MW in size. Out of the total RE allocation, the agency awarded over […] Read more
Australia’s AGL Energy Plans to Invest $13B in Renewable Energy by 2036 Updated On Fri, Sep 30th, 2022 by Saurenergy An Australian energy generator and retailer, AGL Energy Ltd. recently announced to spend up to A$20 billion ($13 billion) by 2036 on renewable energy and accelerate the end of coal-fired generating by ten years. The country’s largest electricity producer and highest polluter made a U-turn following a vocal campaign by the top shareholder and billionaire […] Read more
Energy Consultancy ABL Group to Assess 2 GW RE in South Africa Updated On Tue, Sep 27th, 2022 by Saurenergy ABL Group- an energy and marine consultancy – has said that it been contracted by various developers to provide energy yield assessment for more than 2 GW of potential solar and wind power plants in South Africa. ABL said that about 1.5 GW of the energy yield assessment work is related to nine potential solar […] Read more
PTC India Invites EoI for 1000 MW Hybrid Energy Project Updated On Tue, Sep 27th, 2022 by Saurenergy Power Trading Corporation of India Ltd (PTC India) has invited Expression of Interest (EoI) for the procurement of 1000 MW hybrid energy project (solar & wind) phase-1 on a long-term basis. The last date for submitting the online bid is October 20, 2022. 500 MW capacity of this hybrid energy (Solar + Wind) tender will […] Read more
USA’s CPS Energy Purchases 180 MW Of Solar Power from KARE Updated On Mon, Sep 26th, 2022 by Saurenergy The US-based electric and natural gas utility, CPS Energy, has announced that it has signed an agreement with Kenlov Ashtrom Renewable Energy (KARE) for the purchase of 180 MW of solar energy. KARE is a Texas-based Independent Power Producer focused on the development, construction and long-term management of utility scale solar facilities in the US […] Read more
Sterling And Wilson Renewable In MoU For 961MWp Solar Plants In Nigeria Updated On Fri, Sep 23rd, 2022 by Saurenergy Sterling and Wilson Solar Solutions, Inc (SWSS), the US step down subsidiary of Sterling and Wilson Renewable Energy Limited (SWRE) has announced that it has signed a Memorandum of Understanding (MOU) with the Government of the Federal Republic of Nigeria, along with its consortium partner Sun Africa. The MOU is for the development, design, construction, and […] Read more
