IFC to Assess Potential of Private Investments in Energy Storage Solutions in Burkina Faso Updated On Mon, Feb 24th, 2020 by Saurenergy IFC will assess how private investment in energy storage can contribute to higher solar power production while enhancing grid stability in Burkina Faso The International Finance Corporation (IFC), a member of the World Bank Group, has announced that it has signed an agreement with Burkina Faso’s Ministry of Energy to assess how private investment in […] Read more
EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn Updated On Fri, Feb 21st, 2020 by Saurenergy EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […] Read more
BHEL Bags TERI’s Battery Energy Storage Tender for Rs 2.51 Crore Updated On Thu, Feb 20th, 2020 by Saurenergy BHEL has emerged as the best supplier in a tender recently floated by TERI for the installation and maintenance of battery energy storage systems (BESS). Bharat Heavy Electricals Limited (BHEL) has emerged as the best supplier of battery and associated equipment in a tender recently floated by The Energy and Resources Institute (TERI) for installation […] Read more
Renewable Energy Industry Must Face up to new Realities: Willis Towers Updated On Thu, Feb 6th, 2020 by Saurenergy Willis Towers Watson has identified several new realities that the renewable energy industry needs to face up to at the beginning of the new decade. Willis Towers Watson, a leading global advisory, broking and solutions company, today launched its inaugural Renewable Energy Market Review for 2020. The Review identifies several new realities that the industry […] Read more
Generate Raises $1 Bn to Scale Renewable, Sustainable Infra Platform Updated On Wed, Feb 5th, 2020 by Saurenergy Generate (formerly Generate Capital) has announced that it has secured more than $1 billion in funding to continue to scale its renewable and sustainable infrastructure fleet Generate has announced that it had secured more than USD 1 billion in funding to continue to scale its renewable, sustainable infrastructure fleet. New investors include some of the […] Read more
Teck and AES Enter Renewable PPA to Power Copper Project Updated On Tue, Feb 4th, 2020 by Saurenergy Teck Resources and AES have announced that their Chilean affiliates have entered into a renewable PPA for the Quebrada Blanca Phase 2 copper project in Chile Teck Resources Limited and the AES Corporation have announced that their Chilean affiliates, Compañía Minera Teck Quebrada Blanca (CMTQB) and AES Gener, have entered into a long-term renewable power […] Read more
Energy Storage Industry Sees New Opportunities in Sitharaman’s Budget 2020 Updated On Sat, Feb 1st, 2020 by Saurenergy Welcoming the Finance Minister Nirmala Sitharaman’s Union Budget 2020, which was tabled in the parliament today, the energy storage industry body India Energy Storage Alliance (IESA) has sought numerous opportunities in this year’s Budget for the energy storage sector. From Sitharaman’s second Union Budget, the energy storage industry analyzed that it will not only provide […] Read more
Vena Energy to Begin Work on 100 MW Australian Battery Project Updated On Fri, Jan 31st, 2020 by Saurenergy Vena Energy Australia has announced that it will soon begin construction of Queensland’s largest grid-scale battery near Wandoan in the Western Downs Renewable power producer Vena Energy Australia, which is a subsidiary of Singapore-based Vena Energy has announced that it will soon begin construction of Queensland’s largest grid-scale battery near Wandoan in the Western Downs, […] Read more
Evergy to Reduce Emissions by 80%, Adds 660 MW Wind Energy to Portfolio Updated On Fri, Jan 31st, 2020 by Saurenergy Evergy has announced that it will expand its wind energy portfolio by 660 MW, and reduce carbon output by 80 percent below 2005 levels by 2050. Evergy, an American investor-owned utility operating in Kansas, has announced with the Kansas Gov. Laura Kelly that it will expand its wind energy portfolio by 660 MW, and reduce […] Read more