UPenn Announces PPA for Largest Solar Project in Pennsylvania Updated On Wed, Apr 15th, 2020 by Saurenergy UPenn has signed a PPA for the creation of a 220 MW solar power project moving it significantly closer to meeting its carbon-neutral by 2042 commitment The University of Pennsylvania (UPenn) has signed a Power Purchase Agreement (PPA) for the creation of a solar power project moving the University significantly closer to meeting its commitment […] Read more
Mississippi Commission Gives Approval for 100 MW/ 1000 Acre Solar Farm Updated On Wed, Apr 15th, 2020 by Saurenergy The Mississippi Delta will soon be home to the largest utility-owned solar farm in the state, after receiving approval from the Mississippi Public Service Commission. The Mississippi Delta will soon be home to the largest utility-owned solar farm in the state, after receiving approval from the Mississippi Public Service Commission. Recurrent Energy, a solar facility […] Read more
Tata Power Sells Stake in South African Wind JV for Rs 643 Crore Updated On Wed, Apr 15th, 2020 by Saurenergy Tata Power had announced that its subsidiary has completed the sale of the company’s entire stake in a South African JV for an amount of Rs 643 crore Tata Power had announced that Khopoli Investments Ltd, the firms wholly-owned subsidiary, has completed the sale of the company’s entire stake in Cennergi, a South African joint […] Read more
Ørsted Announces Completion of 338 MW Wind Project in Texas Updated On Mon, Apr 13th, 2020 by Saurenergy Ørsted has announced that it has completed its Sage Draw Wind project, a 338MW wind farm that straddles Garza and Lynn Counties in Texas. Ørsted has announced that it has completed its Sage Draw Wind project, a 338 MW wind farm that straddles Garza and Lynn Counties in Texas. The 120-wind turbine project will have […] Read more
Ikea Parent Firm Acquires Stake in 403 MW US Solar Projects Updated On Mon, Apr 13th, 2020 by Saurenergy The Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar PV projects in the US worth a combined 403 MW generation capacity. Ingka Investments, the investment arm of Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar photovoltaic (PV) […] Read more
Norway Okays Equinor’s Floating Wind Farm Plan Updated On Thu, Apr 9th, 2020 by Saurenergy The Norway’s Ministry of Petroleum and Industry has provided its go-ahead for the Equinor’s plan to develop and operate its Hywind Tampen wind farm. Now, the Snorre and Gullfaks platforms will be the first platforms in the world to receive power from a floating offshore wind farm. This Hywind Tampen wind farm is expected to […] Read more
Wind Turbine Maker Vestas Feels the ‘COVID-19’ Heat; Suspends 2020 Guidance Updated On Wed, Apr 8th, 2020 by Saurenergy Danish wind turbine manufacturer Vestas is now feeling the heat of coronavirus pandemic and has suspended its guidance for the year 2020 amid disruptions faced in continuing its normal business operations. The company, recently, revealed that the spread of the virus globally and the national measures implemented to contain it have eventually, however, caused disruptions […] Read more
AIP Invests in Longroad Energy’s 215 MW Solar Assets Updated On Wed, Apr 8th, 2020 by Saurenergy After investment partnership with AIP, US-based renewable energy developer Longroad Energy has closed the financing for its Little Bear Solar project. Moreover, it has now started the construction of the Little Bear Solar project, which comprised of four separate projects aggregating 215 MW in Fresno County in California. Besides, two Danish pension funds i.e. PKA and PenSam, […] Read more
$600Bn to Be Spent on Wind Turbines Globally by 2028: WoodMac Updated On Tue, Apr 7th, 2020 by Saurenergy Despite demand fluctuations, the global wind turbine supply chain is racing towards a USD 600 billion cumulative opportunities by the end of 2028, as said by the global energy research & consultancy firm. However, annual average wind turbine supply is forecast to hit USD 60 billion between 2020 and 2028 – reflecting an increase of […] Read more