Shell Takes Minority Stake in one of Australia’s Most Successful Solar Firms Updated On Mon, Dec 16th, 2019 by Saurenergy Shell has invested in ESCO Pacific, one of Australia’s most successful solar companies, to take a minority stake of 49 percent. Shell has announced that it has invested in ESCO Pacific, one of Australia’s most successful solar companies, focused on the development and long-term asset management of utility-scale solar projects, to take a minority stake […] Read more
Global EV Battery Market to Reach 40.6 mn Units by 2026 Updated On Mon, Dec 9th, 2019 by Saurenergy A new report has predicted that the global EV battery market volume is projected to reach 40.6 million units by 2026, exhibiting a CAGR of 21.1 percent. A new report has predicted that the global electric vehicle (EV) battery market volume was at 8.6 million units in 2018 and is projected to reach 40.6 million […] Read more
Maximising Role of RE in Spain & Chile Dependent on Flexibility Assets Updated On Mon, Dec 9th, 2019 by Saurenergy Maximising the role of renewable energy in Spain and Chile will hinge on the extent to which ‘flexibility assets’ are deployed and used Maximising the role of renewable energy (RE) i.e. solar and wind power in the electricity systems of Spain and Chile between now and 2050 will hinge on the extent to which ‘flexibility […] Read more
Iberdrola Secures €690 mn Loan From EIB at COP25 Updated On Sat, Dec 7th, 2019 by Saurenergy At COP25, EIB and Iberdrola have announced agreements worth EUR 690 million to invest in renewable energy projects and electricity distribution networks. At the Climate Change Conference (COP25) being held in Madrid, the European Investment Bank (EIB) and Iberdrola have announced two new agreements to promote climate action by investing in renewable energy projects and […] Read more
Vineyard Wind Wins Connecticut Offshore Tender With 804 MW Bid Updated On Sat, Dec 7th, 2019 by Saurenergy Vineyard Wind has announced that its 804 MW offshore wind proposal for the Park City Project has been selected by the Connecticut DEEP Vineyard Wind has announced that its 804 MW offshore wind proposal for the Park City Project has been selected by the Connecticut Department of Energy and Environmental Protection (DEEP) for its 2019 […] Read more
BP Increases Stake in Lightsource BP to Form a 50:50 JV Updated On Fri, Dec 6th, 2019 by Saurenergy The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 JV structure The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 joint venture (JV) structure. As part of the transaction, BP will purchase newly-issued equity […] Read more
1190 MW of Solar and 590 MW Storage Approved in Nevada Updated On Thu, Dec 5th, 2019 by Saurenergy PUCN has approved NV Energy’s Integrated Resource Plan, which will bring an additional 1190 MW of new solar projects and 590 MW of energy storage to Nevada. The Public Utilities Commission of Nevada (PUCN) has approved NV Energy’s Integrated Resource Plan, which will bring an additional 1,190 megawatts (MW) of new solar renewable energy projects to Nevada – enough […] Read more
Black Hills Commissions 60 MW Wind Project in Colorado Updated On Tue, Dec 3rd, 2019 by Saurenergy Black Hills has announced that construction has been completed and commercial operations started for the 60 MW Busch Ranch II wind project in southern Colorado Black Hills Corporation has announced that construction has been completed and commercial operations started for the 60-megawatt (60 MW) Busch Ranch II wind project in southern Colorado. The USD 71 […] Read more
Nearly 1955 GW of new Solar Capacity to be Installed by 2028: Report Updated On Tue, Nov 26th, 2019 by Saurenergy A new report presents a forecast of installed capacity, system prices for the global solar PV market, predicting 1955 GW in installations by 2028 A new report presents a forecast of installed capacity, system prices, application segments, and revenue for the global solar PV (SPV) market through 2028. Predicting the installation of 1955 GW of solar […] Read more