CIT Secures $200 Mn for Clearway Solar Energy’s 76 MW Portfolio Updated On Wed, Jan 22nd, 2020 by Saurenergy New York Headquartered bank holding company CIT Group’s Power and Energy arm arranged about USD 200 million financing for a 76 MW portfolio of community solar projects. The company said that it has arranged the financing on behalf of Clearway Energy Group, one of the leading developers and operators of clean energy generation facilities in the United […] Read more
Direct Energy Works With Sprint for 100% RE in Virginia Operations Updated On Fri, Jan 17th, 2020 by Saurenergy Sprint and Direct Energy have announced that all of Sprint’s more than 800 Virginia locations will now be served with 100 percent renewable energy. American telecommunications company, Sprint and Direct Energy Renewable Services has announced that all of Sprint’s more than 800 Virginia locations will now be served with 100 percent renewable energy. This agreement […] Read more
GE to Help Deliver Offshore Wind Energy to 375,000 homes in Scotland Updated On Fri, Jan 17th, 2020 by Saurenergy GE has been awarded a project for the commissioning of onshore and offshore wind substations for the NnG offshore wind farm off the coast of Scotland. GE Renewable Energy’s Grid Solutions business has been awarded a multi-million dollar project for the design, supply, construction and commissioning of onshore and offshore wind substations for the Neart na Gaoithe […] Read more
PepsiCo Targeting 100% Renewable Electricity in the US Updated On Thu, Jan 16th, 2020 by Saurenergy PepsiCo plans to achieve 100% renewable electricity for its US direct operations this year, covering nearly half of its total global electricity consumption Some of America’s favourite snacks and beverages – from Lay’s and SunChips to bubly, Gatorade and Pepsi – will soon be made using electricity from renewable sources, such as wind and solar. […] Read more
NEC Energy to Provide 100 MW Storage Projects in Northern Ireland Updated On Wed, Jan 15th, 2020 by Saurenergy NEC Energy Solutions has announced that it will provide 100 MW of energy storage in Northern Ireland for the Gore Street Energy Storage Fund (GSF). NEC Energy Solutions has announced that it will provide 100 MW of energy storage in Northern Ireland for the Gore Street Energy Storage Fund (GSF) and project developer Low Carbon. […] Read more
Double the Share of Renewables to Achieve Energy Transition Goals Updated On Tue, Jan 14th, 2020 by Saurenergy The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve SDGs according to IRENA. The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve sustainable development goals and a pathway to climate safety, according to […] Read more
Carbon Tax Waiver may put Renewables Growth in India at Risk: Fitch Updated On Mon, Jan 6th, 2020 by Saurenergy Fitch Solutions believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. Fitch Solutions has said that it believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed […] Read more
Vestas Secures 252 MW Turbine Order for 3 Wind Energy Projects in Russia Updated On Tue, Dec 31st, 2019 by Saurenergy Vestas has been awarded an order for 252 MW for three wind energy projects in Russia from WEDF. The projects will comprise of 60 wind turbines. Vestas has announced that it has been awarded an order for 252 MW for three wind energy projects in Russia from WEDF (Wind Energy Development Fund), a joint investment […] Read more
IRENA Report on Renewables for Refugee Settlements Updated On Mon, Dec 30th, 2019 by Saurenergy Refugees and displaced people mostly depend on the energy that is unsustainable and can harm their health and well-being. Sustainable energy based on renewables, in contrast, bridges the gap between humanitarian response and development, enhancing the well-being of displaced people and communities. This study from the International Renewable Energy Agency (IRENA), prepared in collaboration with […] Read more