NIPSCO Announces New Indiana-Based Solar Projects To Power 270,000 Homes By 2023 Updated On Fri, Oct 23rd, 2020 by Saurenergy Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), today announced that it will bring an additional 900 megawatts (MW) to Indiana with the Dunns Bridge I, Dunns Bridge II and Cavalry Solar Energy Centers as part of the company’s long-term generation strategy. NIPSCO has finalized three build transfer agreements […] Read more
Iberdrola and Volvo Car España agree to promote electric mobility in Spain together Updated On Fri, Oct 23rd, 2020 by Saurenergy Iberdrola and Volvo Car España have signed a framework cooperation agreement to promote sustainable mobility, under which the energy group will supply charging solutions for the car manufacturer’s Recharge vehicle range in Spain. The solution that Iberdrola and its portfolio company Wallbox will supply to Volvo is designed to make charging its customers’ vehicles easier […] Read more
Foresight, Island GP Form JV to Develop 700 MW Solar Projects in the UK Updated On Fri, Oct 23rd, 2020 by Saurenergy Foresight Group and Island GP have formed a JV to develop a pipeline of greenfield solar projects worth a combined 700 MW across the UK. Foresight Group LLP and Island Green Power (Island GP) have announced the formation of a joint venture (JV) to develop a pipeline of greenfield solar projects across the UK. The […] Read more
Iberdrola Acquires New Mexico and Texas Utility PNM Resources Updated On Fri, Oct 23rd, 2020 by Saurenergy Iberdrola, through its US subsidiary AVANGRID, has announced the acquisition of PNM, the largest utility in New Mexico with operations in Mexico. Iberdrola, through its US controlled subsidiary AVANGRID, has announced the acquisition of PNM. This friendly transaction, recommended by PNM’s board of directors, will be effected via merger. PNM’s shareholders will receive $4.3 Bn […] Read more
Discoms Could Save ~Rs 22K Cr due to Indexed RE Tariff: IEEFA & CEEW Updated On Thu, Oct 22nd, 2020 by Saurenergy “Our modelling shows that the Discoms could save up to Rs 21,880 crore over the next five-year period under a partially indexed tariff structure” The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector (Discoms) and help India move away from coal-fired power, according to […] Read more
MNRE Drafts Policy to Promote DRE Livelihood Applications in Rural Areas Updated On Wed, Oct 21st, 2020 by Saurenergy In order to promote DRE livelihood applications in rural areas of the country a draft policy framework is being proposed by MNRE The Ministry of New and Renewable Energy (MNRE) has notified that in order to promote Decentralised Renewable Energy (DRE) livelihood applications in rural areas of the country a draft policy framework is being […] Read more
Inox Wind Bags Wind Turbine Orders Worth 40 MW in Gujarat, Karnataka Updated On Tue, Oct 20th, 2020 by Saurenergy Inox Wind has announced new orders for the supply and installation of wind turbine generators of 40 MW capacity from retail customers. Inox Wind, one of India’s leading wind energy solutions providers, has announced new orders for the supply and installation of wind turbine generators of 40 MW capacity from retail customers spread across various […] Read more
AES Gener to add 253 MW RE and 112 MW Storage to the Grid in Chile Updated On Mon, Oct 19th, 2020 by Saurenergy AES Gener is incorporating 253 MW of renewable energy and 112 MW of battery storage into the national electricity system of Chile. AES Gener has announced that it recently held the virtual groundbreaking of the projects, Andes Solar II-B and Campo Lindo. The projects will incorporate four technologies, which will allow the incorporation of 253 […] Read more
TransAlta Announces Commercial Operation of Alberta’s First Utility Scale Battery Storage Project Updated On Fri, Oct 16th, 2020 by Saurenergy TransAlta Renewables has announced that its 10 MW WindCharger battery storage project (WindCharger) began commercial operation on October 15, 2020. WindCharger is Alberta’s first utility-scale, lithium-ion energy storage project and utilizes Tesla Megapack technology. It has a nameplate capacity of 10 MW and total storage capacity of 20 MWh. This technology can be fully charged in approximately two hours […] Read more