Citizens Financial Group to Source 100% Renewable Power from Ørsted Updated On Thu, Sep 22nd, 2022 by Saurenergy Rhode Islands-based Citizens Financial Group has announced that it has entered into a power purchase agreement (PPA) with Ørsted to support the construction of the Sunflower Wind Project that will match 100% of Citizens’ power consumption across its entire operational footprint with renewable energy credits. Citizens said the Sunflower Wind Project is a 200 MW […] Read more
BHE Renewables to Invest $500m in RE-Powered Site in West Virginia Updated On Wed, Sep 14th, 2022 by Saurenergy West Virginia Governor Jim Justice has announced that BHE Renewables, a Berkshire Hathaway Energy business, has entered into an agreement with the State of West Virginia to purchase more than 2,000 acres of land in Ravenswood, and develop it as a renewable energy microgrid-powered industrial site. The firm will be making an investment of $500m […] Read more
Norway’s Scatec to Set Up 3 GW Wind Energy Project in Egypt Updated On Wed, Sep 14th, 2022 by Saurenergy According to a statement made by a spokesperson of the Egyptian Presidency, Norway’s renewable energy producer Scatec will be playing a greater role in Egypt for the renewable energy development. Spokesperson Bassam Essam Rady has said that the cooperation between Egypt and Scatec will be to develop new and renewable energy projects and also to […] Read more
North Sea Energy Cooperation Countries Eye 260-GW Offshore Wind by 2050 Updated On Tue, Sep 13th, 2022 by Saurenergy In major development that is expected to take Europe towards carbon free energy generation, the member countries of the North Sea Energy Cooperation (NSEC) group have announced that they would now target to add at least 260 GW of offshore wind energy by 2050. NSEC published the new targets after a meeting that was hosted […] Read more
US-Based CalWave Completes Open-Ocean Wave Energy Pilot Project Successfully Updated On Fri, Sep 2nd, 2022 by Saurenergy After 10 months of nonstop operation off the coast of San Diego, US-based wave energy developer company CalWave has completed its open-ocean wave energy pilot project. The project, which began operations in September 2021, was sponsored by the US Department of Energy (DOE) to showcase CalWave’s scalable and patented xWaveTM technology as a cost-effective, sustainable […] Read more
The Top 5: Largest Battery Energy Storage Systems Worldwide Updated On Thu, Sep 1st, 2022 by Saurenergy As we talk about renewable energy replacing fossil fuels, the bottlenecks hindering the progress of renewable energy must be taken care of as well. One of these bottlenecks is the variable nature of renewable energy. Battery Energy Storage Systems (BESS), also known as Big Batteries, provide electricity grids with a wide range of benefits – […] Read more
Syngene Seeks 100% Green Energy With Another Green PPA With O2 Power Updated On Mon, Aug 29th, 2022 by Saurenergy Contract research and manufacturing firm Syngene International has announced that it has inked a pact to acquire an equity stake up to 26 per cent in O2 Renewable Energy II. The stake is picked up to maintain the captive status of the renewable energy project that O2 power will set up, as per regulatory norms […] Read more
US Based Lunar Energy Raises $300 Mn To Expand RE Solutions Updated On Mon, Aug 29th, 2022 by Saurenergy Global clean energy player, Lunar Energy has announced that it has raised $300 million in funding over two rounds by Sunrun, the USA’s leading residential solar and battery storage provider, and South Korea’s SK Group. Furthermore, Lunar said that it also acquired Moixa, the leading global software company for distributed energy resources (DER) management. ITOCHU […] Read more
India Has Potential For Another 23.7 GW of Clean Energy by 2026: GWEC Updated On Thu, Aug 25th, 2022 by Saurenergy The Global Wind Energy Council (GWEC) and MEC Intelligence have launched a report on “Renewing Wind Growth to Power the Energy Transition: India Wind Energy Market Outlook 2026”. This third annual edition looking at the wind energy outlook in India highlights wind energy’s critical link to India’s green energy transition. The outlook suggests that the […] Read more
