Wind Energy now the top Source of Renewable Electricity in America Updated On Mon, Mar 2nd, 2020 by Saurenergy For the first time in history, wind turbines created more electricity than the longtime renewable champ, hydroelectric dams in the USA In 2019, the United States generated about 4.1 trillion kilowatt-hours (kWh) of electricity. According to new figures from the US Energy Information Administration, 63 percent is still generated by fossil fuels, while 20 percent […] Read more
AES Achieves 2019 Strategic and Financial Goals Thanks to Green Push Updated On Mon, Mar 2nd, 2020 by Saurenergy The AES Corporation has reported its financial results for 2019, claiming to have met all its strategic and financial goals by accelerating its green energy push. The AES Corporation has reported its financial results for the year ended December 31, 2019, claiming to have met all its strategic and financial goals for the final year […] Read more
What India’s Large Storage Tender Means for Its Coal Thermal Sector Updated On Mon, Mar 2nd, 2020 by Saurenergy Coal, despite its stubborn persistence to the country’s energy needs, might have seen the beginning of the end. The lead indicator? Prices discovered in the largest ever renewable plus storage tender by SECI. In August 2019, SECI, the country’s primary nodal agency for renewable energy auctions and purchases came out with a huge tender. On […] Read more
Singapore-based Vena Energy Issues $325 Mn Green Bond Updated On Mon, Mar 2nd, 2020 by Saurenergy Vena Energy has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. Vena Energy, one of Asia-Pacific’s leading independent power producers (IPP) and pure renewable energy company, has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. […] Read more
Tesla, PG&E get Approval for Proposed 1.1 GW Storage Facility in California Updated On Mon, Mar 2nd, 2020 by Saurenergy Tesla has received the approval from the local authorities to build its massive 1.1 GWh Megapack battery energy storage system facility in California. Electric Vehicle major Tesla has received approval from the local authorities to build its massive 1.1 GWh Megapack battery energy storage system facility, which is backed by PG&E, in California. Earlier this […] Read more
Repsol to Develop 26 new Wind Farms in Spain Totaling 860 MW Updated On Sat, Feb 29th, 2020 by Saurenergy Repsol has added a new 860 MW wind portfolio in Spain, allowing the company to progress towards its goal of becoming a net-zero emissions company by 2050 Repsol has added a new 860 MW wind farm project in the northern region of Aragon in Spain to its renewables portfolio. This allows the company to progress […] Read more
RK Singh Dedicates 11 Renewable Energy Management Centres to Nation Updated On Sat, Feb 29th, 2020 by Saurenergy New and Renewable Energy Minister RK Singh has dedicated to the nation 11 Renewable Energy Management Centres for renewable energy integration. Power and New and Renewable Energy Minister RK Singh has dedicated to the nation 11 Renewable Energy Management Centres (REMCs) for renewable energy integration. The minister also inaugurated the Northern Region Renewable Energy Management Centre (NR-REMC) at a […] Read more
Stinging Order at APTEL Embarasses AP Discoms, Andhra Government By Extension Updated On Fri, Feb 28th, 2020 by Saurenergy Adding politics to established policy is not recommended, and the consequences, when that is done, were there for all to see after the APTEL order yesterday (February 27). The case was a much followed one, of the Andhra Pradesh Discoms essentially, versus both the NTPC, as well as three of the key bid winners of […] Read more
Greenbacker Enters Tax Equity Commitment With Morgan Stanley Renewables Updated On Fri, Feb 28th, 2020 by Saurenergy Greenbacker Renewable Energy has announced that it has completed a tax equity financing commitment with Morgan Stanley Renewables Inc. Greenbacker Renewable Energy Company has announced that it has completed a tax equity financing commitment with Morgan Stanley Renewables Inc. The tax equity financing will be placed on a diversified portfolio of solar commercial and industrial […] Read more
