AES Issues RfP Seeking 1 GW of Carbon-Free Energy Projects Updated On Thu, Jun 25th, 2020 by Saurenergy AES has issued an RfP, seeking new and repowered carbon-free projects for its customers in the PJM area, inclusive of its strategic alliance with Google. AES has issued a Request for Proposals (RfP), seeking new and repowered carbon-free renewable energy projects for its customers in the PJM area, inclusive of AES’ strategic alliance with Google. […] Read more
Galehead Originates 100 MW Solar Project for Clearway Energy Updated On Thu, Jun 25th, 2020 by Saurenergy Galehead has announced that it has completed its scope on the joint development of a 100 MW utility-scale solar project with Clearway Energy Galehead Development, an independent Boston-based energy development platform, has announced it has completed its scope on the joint development of a 100 MW utility-scale solar project with Clearway Energy, one of the […] Read more
Wells Fargo Inks Deal with Shell, MP2 Energy to Buy Renewable Power Updated On Wed, Jun 24th, 2020 by Saurenergy USD 1.98 trillion company Wells Fargo has signed a structured renewable energy (RE) agreement with Shell Energy North America (Shell Energy) and its arm MP2 Energy, to purchase about 1,50,000 MWh of renewable energy every year. The deal will enable the company to use renewable power to meet 100 per cent of its energy consumption […] Read more
Funding For Renewable Energy Software Development- Clir Raises C $1.7M Updated On Mon, Jun 22nd, 2020 by Saurenergy Vancouver, Canada based Clir Renewables has announced a Canadian $ 1.7 million debt funding from In yet Silicon Valley bank. The funding dives home just how critical software is becoming to managing and assessing renewable energy performance, as tools like AI, 5G and more make an entry in ever larger ways. Clir invests in expanding […] Read more
Renewable Energy Certificate Sales in May Slip Over 55% to 3.33 Lakh Updated On Mon, Jun 22nd, 2020 by Saurenergy The sale of renewable energy certificates (RECs) during the month of May 2020, has dropped significantly by more than 55 per cent to 3.33 lakh units. As per the official data, 7.5 lakh of renewable energy certificates were sold in the same month a year ago. REC is a type of market-based instrument, and after generation of 1 […] Read more
Renewable Enterprise Software Firm Pexapark Raises €6m Funding Updated On Mon, Jun 22nd, 2020 by Saurenergy Zurich, Switzerland based Pexapark has raised €6m in its second funding round. The firm was started up in 2017 by Michael Waldner, Luca Pedretti and Florian Müller, BayWa r.e. Energy Ventures, Encavis, and RP Global are the investors that have invested to back Pexapark’s software and advisory services that help manage financial risk in the […] Read more
Sunrun Partners up to Demonstrate use of Home Batteries as Grid Resources Updated On Thu, Jun 18th, 2020 by Saurenergy Sunrun has partnered up with two major utilities in California and NY to demonstrate the use of home batteries as grid resources or virtual storage plants Sunrun, a leading US home solar, battery storage and energy services company, has partnered up with two major utilities in California and New York to demonstrate the use of […] Read more
Renewables Contributed Largest Increase in Energy Terms on Record in 2019: BP Updated On Thu, Jun 18th, 2020 by Saurenergy BP plc has issued its Statistical Review of World Energy, revealing that renewables contributed their largest increase in energy terms on record during 2019 BP plc, a multinational oil and gas company headquartered in London, has issued its 69th annual edition of the bp Statistical Review of World Energy (bp Stats Review). The report found […] Read more
SC Cancels Green Energy Association Appeal on CERC’s REC Price Revision Updated On Wed, Jun 17th, 2020 by Saurenergy The apex court has dismissed the application of Green Energy Association (GEA) seeking a stay on price revision of REC (Renewable Energy Certificates) by power sector regulator Central Electricity Regulatory Commission (CERC). The Supreme Court (SC) bench headed by Justice Arun Mishra took cognizance of a matter on June 16, 2020, and dismissed the application […] Read more
