sPower Expands New York Portfolio Through 1-Gigawatt Acquisition Updated On Fri, Dec 11th, 2020 by Saurenergy sPower, a leading renewable energy Independent Power Producer (IPP), announced today the acquisition of nine solar projects in New York from National Grid Renewables, the renewable energy arm of National Grid’s competitive, unregulated division. The portfolio includes projects in Franklin, Jefferson, Chautauqua, Lewis, and other counties across Upstate New York. This portfolio is estimated to […] Read more
MNRE Seeks Comments on Draft Tender for Component-B of KUSUM Scheme Updated On Fri, Dec 11th, 2020 by Saurenergy MNRE has requested comments on the draft tender prepared by EESL for the installation of standalone solar pumps under component-B of KUSUM. The Ministry of New and Renewable Energy (MNRE) is implementing the PM-Kisan Urja Suraksha Evam Utthan Mahabhiyan (KUSUM) scheme under which standalone solar pumps are being installed with government financial support. During FY […] Read more
Britishvolt Finalises Site For Britain’s First Battery Gigaplant Updated On Fri, Dec 11th, 2020 by Saurenergy Britishvolt, which had signed an MOU for the country’s first Gigaplant sometime back, has finally identified a site at Blyth, Northumberland for the plant. With an investment of 2.6 billion Euros, construction is expected to start in the second quarter of 2021. The massive plant is seen as vital to supporting the UK’s push for […] Read more
763.47 MW Added in November, India’s Total RE Capacity Surpasses 90 GW Updated On Fri, Dec 11th, 2020 by Saurenergy India’s renewable energy (RE) capacity has surpassed the 90 GW mark, with 763.47 MW of new capacity added during the penultimate month of 2020. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of November 2020, detailing all the events and development that took place […] Read more
Amazon Adds 26 new Solar and Wind Projects, Takes 2020 Total Beyond 4 GW Updated On Fri, Dec 11th, 2020 by Saurenergy Amazon has added 26 new wind and solar projects totaling 3.4 GW of electricity production capacity to its corporate purchase portfolio. Global e-commerce major, Amazon has announced that it has added 26 new utility-scale wind and solar energy projects totaling 3.4 gigawatts (GW) of electricity production capacity to its corporate purchase portfolio. With the latest […] Read more
Can China Become ‘Carbon Neutral’ by 2060? Updated On Thu, Dec 10th, 2020 by Saurenergy Imagine China, the world’s top emitter of carbon emissions, which in 2019 released nearly double the emissions of the US which has barely any coal power plants. Now imagine it with zero gasoline-powered cars, and with more than four times the 1,200 gigawatts of solar and wind power capacity installed across the world today. This […] Read more
CIT Serves as Coordinating Lead Arranger for $256 Million Texas Solar Financing Updated On Thu, Dec 10th, 2020 by Saurenergy CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as coordinating lead arranger on a $256 million financing for the 250-megawatt (MW) Taygete I Energy Project owned by 7X Energy, Inc (7X) and located in Pecos County, Texas. 7X Energy is a leading utility-scale solar developer, owner, and asset manager that has originated 1,350 (MWac) of solar […] Read more
India Drops to 2nd, Chile Takes No.1 on Climatescope Emerging Markets Ranking Updated On Thu, Dec 10th, 2020 by Saurenergy India dropped back down to 2nd position, as Chile regained the top spot back in the latest Climatescope survey ranking by BNEF India, after topping BNEF’s Climatescope Emerging Markets Ranking in 2019, has dropped back down to second position in the latest Climatescope survey released by BNEF. Chile, which was ranked 2nd in last year’s […] Read more
STMicroelectronics to be Carbon Neutral by 2027 Updated On Thu, Dec 10th, 2020 by Saurenergy STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, announced its goal to become carbon neutral by 2027, the earliest date anticipated for any semiconductor company globally. ST’s comprehensive roadmap to carbon neutrality includes two specific targets: compliance with the 1.5°C scenario defined at the Paris COP21 by 2025, which implies […] Read more
