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
Masdar to Use Octopus Technology to Develop UK Battery Storage Updated On Thu, May 11th, 2023 by Saurenergy Global energy tech group Octopus Energy has inked a deal with renewable major Masdar under which it will license Octopus’ technology platform Kraken to flexibly manage its battery storage portfolio in the UK. The move will enable Masdar to optimize and expand its energy trading capabilities in the UK, helping to accelerate the rollout of […] Read more
Repsol Picks Siemens Gamesa Turbines For Its 200-MW Wind Projects Updated On Tue, May 9th, 2023 by Saurenergy Siemens Gamesa and Spanish petrochemical conglomerate Repsol have confirmed signing of two new contracts under which the global turbine maker will supply 40 units of its SG 5.0-145 onshore turbines for six wind farms in Spain. The total capacity of the six wind farms will be 200 MW. Following this agreement, Repsol will have eight […] Read more
Hitachi, Quanta Bag EPC Contract for 3.5 GW SunZia Project Updated On Fri, May 5th, 2023 by Saurenergy Renewable energy players Quanta Services and Hitachi Energy have been selected by Pattern Energy Group, a firm that delves into renewable energy and transmission infrastructure, to build its SunZia transmission and wind project. This is the largest renewable project of the USA being built with $8 billion of direct capital investment. Pattern Energy held that […] Read more
KKR Purchases $550 Million Loan Of SunPower Updated On Thu, May 4th, 2023 by Saurenergy North American residential solar technology and energy services provider SunPower and global investment firm KKR have signed a definitive agreement under which credit funds and accounts managed by KKR will commit to purchasing $550 million of solar energy loans made to SunPower customers. This transaction is expected to support SunPower Financial’s continued ability to offer […] Read more
Long Duration Storage With Lithium Batteries Gets a Boost With RWE Bid In Australia Updated On Wed, May 3rd, 2023 by Saurenergy RWE Renewables, a German-based energy company, has now bagged a tender in New South Wales (NSW) in Australia to offer long-term energy storage systems. The company had earlier bid for its proposed eight-hour-long battery storage systems. However, by quoting lower than pumped storage, the firm has opened up a slew of possibilities on the utility […] Read more
EE North America Acquires 700 MW Colorado Solar Projects Updated On Wed, May 3rd, 2023 by Saurenergy Renewable Energy developer EE North America has acquired a majority stake in two solar projects, Sandy Hill Solar and Sand Dune Solar – which together make 700 MW of capacity – , in Colorado. EE North America said that the joint venture with solar power developer Horus Energy is thereby accelerating the USA’s transition to […] Read more
Suzlon Wins Second Order for 3 MW Series Turbines From Juniper For 69.3 MW Project Updated On Tue, May 2nd, 2023 by Saurenergy Independent Power Producer Suzlon Group has revealed that it has secured the second order of the 3 MW product series aimed at the development of a 69.3 MW wind power project for Juniper Green Energy Private Limited. As per the agreement, Suzlon will install 22 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) […] Read more
Subsidy-Free Offshore European Wind Bids On The Rise: GlobalData Report Updated On Tue, May 2nd, 2023 by Saurenergy The latest report by GlobalData, a data and analytics company, claimed that European countries are witnessing increased subsidy-free wind energy bids due to intense competition. However, the report said several factors have also led to the undersubscription of renewable energy auctions. GlobalData’s latest report titled ‘Europe Renewable Energy Policy Handbook 2023’ pointed out that the […] Read more
