Bahrain Formula 1 Circuit Tenders for 3 MW Solar Project Updated On Mon, May 24th, 2021 by Saurenergy Bahrain International Circuit, the Formula 1 Bahrain Grand Prix, has partnered with the Kingdom of Bahrain’s Sustainable Energy Authority (SEA), to issue an international public tender for the development of a major new solar farm of 3MW, to be positioned at the circuit. Bahrain International Circuit (BIC) is located in the center of the Sakhir […] Read more
SJVN Ltd Bags 75 MW Solar Project in Jalaun, UP Updated On Mon, May 24th, 2021 by Saurenergy Hydroelectric power generation company SJVN Ltd announced on Friday its winning of a 75 MW grid-connected solar project in Jalaun, Uttar Pradesh. SJVN Ltd, which is a joint venture of the Government of India and the Himachal Pradesh government, has said in a statement that the power generated from the project will be procured by Uttar Pradesh New […] Read more
BASF & RWE to Build a 2GW Offshore Wind & H2 Project in Ludwigshafen Updated On Mon, May 24th, 2021 by Saurenergy German chemicals giant BASF and energy company RWE presented a project idea on Friday to build an additional offshore wind farm with a capacity of 2 GW to provide the Ludwigshafen chemical site with green electricity and enable CO2-free production of hydrogen. The aim is to electrify the production processes for basic chemicals, which are […] Read more
DSD Secures $85M in Financing to Support Pipeline of Distributed Generation Solar Updated On Fri, May 21st, 2021 by Saurenergy Distributed Solar Development (DSD) announced today the closing of $85 million in tax equity financing from Bank of America to support its expanding pipeline of distributed generation solar projects in the commercial and industrial (C&I) market through 2021, with a sizeable portion going toward New York State Energy Development and Research Authority Value of Distributed Energy […] Read more
Canadian Solar Financial Results Q1 FY21 Out; 32% YoY Rise in Revenue Updated On Fri, May 21st, 2021 by Saurenergy Guelph-headquartered solar PV modules manufacturer Canadian Solar Inc. yesterday announced its financial results for the quarter ended March 31, 2021, reporting a 32% YoY increase in revenue and a net income of $23 million. In Q1 2021, the company’s solar module shipments were 3.1 GW, compared to guidance of 3.0 GW to 3.2 GW. Net revenue […] Read more
Solar-Driven Green Hydrogen Plant Commissioned in MbRAM Solar Park in Dubai Updated On Fri, May 21st, 2021 by Saurenergy A solar-driven Green Hydrogen project has been inaugurated at the Mohammed bin Rashid Al Maktoum (MbRAM) Solar Park in Dubai. HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy and Chairman of the Expo 2020 Dubai Higher Committee, recently inaugurated a Green Hydrogen project at the Mohammed bin Rashid Al Maktoum […] Read more
Council Meets with Spotlight on Energy Transition & Food Systems: IRENA Updated On Fri, May 21st, 2021 by Saurenergy The 21st meeting of the Council will be held virtually on 25th and 26th May More than 280 representatives from 96 countries will gather virtually to attend the 21st Council of the International Renewable Energy Agency (IRENA), next week as countries continue to calibrate energy policy in line with the achievement of sustainable development goals […] Read more
Is The SB Energy Exit A Worrying Sign For India? Updated On Thu, May 20th, 2021 by Saurenergy By Now, the news of SB Energy’s portfolio buyout by Adani Green Energy (AGEL) has been well reported. The 100% buyout of SB Energy India assets by AGEL for $3.5 billion, for a fresh 4954 MW of additions to AGEL’s total assets including project pipeline, has been cited as a possible warning sign for India’s […] Read more
Energy Transition May Cost Upstream Oil & Gas Sector $14 T: WoodMac Updated On Thu, May 20th, 2021 by Saurenergy Even a rapidly transitioning world needs oil and gas supply for decades to come The energy transition represents US$14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie. Oil and gas is a risky business. Over the years, those risks have been tempered by a single tenet […] Read more