Siemens Gamesa Bags 254 MW Wind Energy Plant Order in Sweden Updated On Fri, Nov 8th, 2019 by Saurenergy Siemens Gamesa has announced that it has secured an order to supply the 254 MW Stavro project, its largest ever onshore wind order in Sweden. Siemens Gamesa Renewable Energy (SGRE) has announced that it has secured an order to supply the Stavro project, its largest ever onshore wind order in Sweden. The 62 turbines with […] Read more
RWE Secures 30-Year PPA for its 195.5 Solar Plus Storage Facility Updated On Thu, Nov 7th, 2019 by Saurenergy RWE Renewables has announced that it has entered into a 30-year PPA with Georgia Power for the sale of power from the 195.5 MW Broken Spoke Solar project. Photovoltaics within the US division of RWE Renewables is picking up speed and the firm has now announced that it has entered into a 30-year power purchase […] Read more
Europe and North America to Cross 1 Million Workplace EV Chargers by 2025 Updated On Thu, Nov 7th, 2019 by Saurenergy The North America and Europe workplace EV charging markets could surpass a combined 500,000 charger units in 2022 and reach over 1.25 million by 2025 As grid operators, automakers, transit authorities, companies and governments prepare for the 37.2 million electric vehicles (EVs) set to be on road in 2025, interest in workplace charging opportunities is […] Read more
ADB Grants $451 Mn to Strengthen Power Connectivity in Tamil Nadu Updated On Thu, Nov 7th, 2019 by Saurenergy ADB has approved a USD 451 million loan to strengthen power connectivity between the southern and northern parts of the CKIC in Tamil Nadu The Asian Development Bank (ADB) has approved a USD 451 million loan to strengthen power connectivity between the southern and northern parts of the Chennai–Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu, […] Read more
Enel Begins Work on 280 MW Wind Facility in South Africa Updated On Wed, Nov 6th, 2019 by Saurenergy Enel has started construction in South Africa of its Karusa and Soetwater wind farms, with an installed capacity of 140 MW each. Enel, through its renewable subsidiary Enel Green Power RSA, has started construction in South Africa of its Karusa and Soetwater wind farms, with an installed capacity of 140 MW each. The plants, which […] Read more
Mainstream Power Closes $580 Mn Renewable Financing Deal in Chile Updated On Wed, Nov 6th, 2019 by Saurenergy Mainstream Renewable Power has reached financial close for the 1st phase of its wholly-owned and fully-contracted 1.3 GW wind and solar platform in Chile. Mainstream Renewable Power has reached financial close for the first phase of its wholly-owned and fully-contracted giant 1.3 gigawatts (GW) “Andes Renovables” wind and solar power generation platform in Chile. The […] Read more
Average Energy Spot Prices at 2-Year Low, REC Prices Rise Updated On Wed, Nov 6th, 2019 by Saurenergy The average spot power price at IEX dropped 54 percent to a two-year low of Rs 2.71 per unit in October, compared to Rs 5.94 per unit last year. The average spot power price at Indian Energy Exchange (IEX) dropped 54 percent to a two-year low of Rs 2.71 per unit in October, compared to Rs 5.94 per unit in the same […] Read more
French Energy Major EDF Bets on Storage With Pivot Power Buy Updated On Tue, Nov 5th, 2019 by Saurenergy French utility EDF continues to invest in a future where it expects storage to play a critical role, by acquiring UK battery storage firm Pivot Power. For EDF, the acquisition is another step in its effort to become a large scale storage firm. The takeover of Pivot Power also follows EDF’s acquisition in September 2018 […] Read more
CPPIB to Acquire Pattern Energy in All-Cash Deal Updated On Tue, Nov 5th, 2019 by Saurenergy Moreover, the Pattern Energy stake transaction is expected to be completed by the second quarter of 2020, subject to required regulatory approvals, and other customary closing conditions. Canada Pension Plan Investment Board (CPPIB), a professional investment management organization, has entered into a definitive agreement to buy Pattern Energy in an all-cash transaction for USD 26.75 […] Read more
