Europe Invested €43 Bn in 2020 to Cover 20 GW of new Wind Farms Updated On Thu, Apr 15th, 2021 by Saurenergy Europe invested EUR 43 billion in new wind farms in 2020, the second-highest annual amount on record, to fund 20 GW of new projects. Europe invested EUR 43 billion in new wind farms in 2020, the second-highest annual amount on record. The investments cover 20 GW of new capacity that will be built in the […] Read more
IKEA’s First Investment in Russia’s Solar Projects Covers 160 MW Updated On Wed, Apr 14th, 2021 by Saurenergy Ingka Group, the largest IKEA retailer, has announced that its investment arm, Ingka Investments, will fund 160 MW of solar projects, worth $272 million, in south-west Russia, so as to accelerate its investment in renewable energy. The Netherlands-based company has signed an agreement with Solar Systems, LLC, to acquire a 49% stake in its eight […] Read more
NIPSCO and Capital Dynamics Sign 200 MW Solar Energy Build Transfer Agreement Updated On Wed, Apr 14th, 2021 by Saurenergy Northern Indiana Public Service Company, LLC (NIPSCO), a subsidiary of NiSource Inc. and the Clean Energy Infrastructure (CEI) business of Capital Dynamics, an independent global private asset management firm, today announced that they have signed a build transfer agreement (BTA) to bring 200 megawatts (MW) of solar energy to Indiana with the Elliot Solar project. “We […] Read more
L&T Begins Construction at 300 MW Jeddah Solar Plant in Saudi Arabia Updated On Wed, Apr 14th, 2021 by Saurenergy L&T has secured the go-ahead to begin construction of the 300 MW Jeddah Solar PV Power Plant in Saudi Arabia. Larsen & Toubro (L&T) has announced that the renewable arm of its power transmission and distribution business has secured the go-ahead to begin construction of the 300 MW Jeddah Solar PV Power Plant in Saudi […] Read more
Adani Green Continues Brisk Start to 2021, With 50 MW Solar Plant in UP’s Chitrakoot Updated On Wed, Apr 14th, 2021 by Saurenergy In an official statement today, Adani Solar Energy Chitrakoot One Limited (ASECOL), a subsidiary of Adani Green Energy Limited (AGEL), said that it has commissioned a 50 MW solar power plant in Chitrakoot, Uttar Pradesh (UP). “The plant has a 25-year-long Power Purchase Agreement (PPA) with the Uttar Pradesh Power Corporation Limited (UPPCL) at Rs 3.07/kwh,” […] Read more
AGL and Wärtsilä Collaborate on Hybrid Energy Project Updated On Tue, Apr 13th, 2021 by Saurenergy AGL, Australia’s biggest energy retailer and climate polluter, is making a real effort to clean up. It announced today that it has signed an MOU with Finnish energy services provider Wärtsilä to develop new hybrid energy systems that integrate renewable behind-the-meter and off-grid technologies so as to provide its commercial and industrial customers having requirements […] Read more
Statkraft to Build Three Wind Farms Worth 102 MW in Chile Updated On Tue, Apr 13th, 2021 by Saurenergy European renewable energy generator – Statkraft has announced that it will build its first wind farms in Chile, expanding its renewable energy generation capacity in the South American country amid increasing demand for hydro, wind and solar power in the southernmost nation in the world. Combined with the company’s existing hydropower assets, Statkraft will reach […] Read more
IRENA and China State Grid to Advance Transition via Power System Enhancements Updated On Tue, Apr 13th, 2021 by Saurenergy IRENA and State Grid Corporation of China (SGCC) to support grid enhancements, system flexibility and sector-coupling in China and IRENA’s Clean Energy Corridor regions. The International Renewable Energy Agency (IRENA), and the State Grid Corporation of China (SGCC), have signed a new Memorandum of Understanding (MoU) that will see the two organisations work closely to […] Read more
New Solar Projects Accelerate Saudi Vision 2030 Updated On Sat, Apr 10th, 2021 by Saurenergy Saudi Arabia is on its way to achieving its ‘Vision 2030’ goal, which aims at diversifying the Kingdom’s economy away from dependence on oil and towards renewable energy. In addition to announcing the opening of the ACWA Power-developed Sakaka solar power plant, Saudi Crown Prince Mohammed Bin Salman also revealed that agreements for 7 new […] Read more
