Ørsted Brings on Co-Investors for its 605 MW Offshore Wind Farm in Taiwan Updated On Wed, Dec 30th, 2020 by Saurenergy Ørsted has brought on CDPQ and Cathay PE, to co-invest in the 605 MW Greater Changhua 1 Offshore Wind Farm off the coast of Taiwan Offshore wind major Ørsted has announced that it has signed an agreement with a consortium of world-leading investors, which consists of global institutional investor Caisse de dépôt et placement du […] Read more
Capital Dynamics Exits 108 MW Beacon II and V Solar Portfolio in California Updated On Tue, Dec 29th, 2020 by Saurenergy Capital Dynamics, an independent global private asset management firm, completed the sale of a majority interest in its Beacon portfolio to TortoiseEcofin and S&B USA Energy. Each buyer has acquired a 49.5% ownership of the portfolio. Capital Dynamics retains a minority stake of 1%. The 107.8 megawatt (MWdc) Beacon portfolio consists of two projects: Beacon II (59.6 […] Read more
Japan’s Orix to Acquire 80% Stake in Spains’ Elawan Energy Updated On Tue, Dec 29th, 2020 by Saurenergy Japan’s ORIX Corporation will invest in Elawan Energy, a global renewable energy firm headquartered in Madrid. Japan’s ORIX Corporation has announced that it has entered into an agreement to invest in Elawan Energy, a global renewable energy company headquartered in Madrid, Spain focused on the development and ownership of wind and solar PV power plants. […] Read more
EPRI Selected for 3 US DOE Awards for Advancing Energy Storage Updated On Tue, Dec 29th, 2020 by Saurenergy EPRI will lead 3 projects for advanced, bulk energy storage following selection by the US Department of Energy (DOE) for awards totaling USD 600K The Electric Power Research Institute (EPRI) has announced that it will lead three projects for advanced, bulk energy storage following selection by the US Department of Energy (DOE) for awards totaling […] Read more
Third Deadline Extension for EOI Submission for RE Solutions in Himalayas Updated On Tue, Dec 29th, 2020 by Saurenergy SECI has again extended the EOI deadline for its call for RE based solutions for meeting energy needs in remote areas of the Himalayas The Solar Energy Corporation of India (SECI) has issued a notification, extending the deadline for submission of Expression of Interest (EOI) for its call for renewable energy (RE) based solutions/ system/ technology […] Read more
EDFR Begins Commercial Operation of 150 MW Merricourt Wind Project Updated On Sat, Dec 26th, 2020 by Saurenergy EDF Renewables North America today announced that the 150 megawatts (MW) Merricourt Wind Project achieved commercial operation and has been turned over to Otter Tail Power Company, a subsidiary of Otter Tail Corporation. EDF Renewables developed and managed the construction process for Otter Tail Power under an Asset Purchase Agreement and turnkey Engineering, Procurement, and […] Read more
Terra-Gen and Mortenson Will Build Solar-Plus-Storage Project Updated On Thu, Dec 24th, 2020 by Saurenergy New York-based renewable energy developer Terra-Gen has collaborated with construction firm Mortenson to build what they claim is the world’s largest standalone solar-plus-storage project to date. The Edwards & Sanborn energy project consists of 1,118 MW of solar and 2,165 MWh of energy storage in Kern County, which has become California’s unofficial large-scale solar capital […] Read more
Hannon Armstrong Invests in 1.6 GW Renewable Energy Portfolio of Clearway Energy Updated On Thu, Dec 24th, 2020 by Saurenergy Hannon Armstrong Sustainable Infrastructure Capital, a leading investor in climate solutions, today announced a preferred equity investment in an approximately 1.6 gigawatt (GW) onshore wind and utility-scale solar portfolio developed and managed by Clearway Energy Group, one of the largest developers and operators of clean energy in the United States with a pipeline of 9 […] Read more
PG&E to Expand its Battery Storage Portfolio, Further Integrate Renewable Energy Updated On Thu, Dec 24th, 2020 by Saurenergy Pacific Gas and Electric Company (PG&E) has requested California Public Utilities Commission (CPUC) approval of six additional battery energy storage projects totaling 387 megawatts (MW) of capacity, intended to further integrate clean energy from renewable generation sources while helping to ensure the future reliability of the electric system. The six project agreements complete PG&E’s procurement […] Read more