Verizon Materialises $1 Billion Bond For Renewable Energy Projects Updated On Thu, May 11th, 2023 by Saurenergy Telecom major Verizon Communications has announced to have settled its fifth green bond offering of $1 billion. The New York headquartered firm said that the net proceeds of the funds are expected to be allocated entirely toward renewable energy investments. The objective to invest in renewables is to accelerate the transition towards green electrical grids […] Read more
Corporate PPA Contracts Added 148 GW of RE From 2015 to 2022: WBSCD Updated On Thu, May 11th, 2023 by Saurenergy As per a recent report shared by World Business Council for Sustainable Development (WBSCD), 23% of the firms that aimed for 100% renewable energy have achieved their goal of 100% renewable energy. Furthermore, by 2021, companies committing to procure 100% renewable power through RE100 were procuring 49% from renewable sources, equating to 184 TWh of […] Read more
Our goal is to raise production capacity to 3 GW yearly: Anurag Garg, Jakson Group Updated On Wed, May 10th, 2023 by Saurenergy Please tell us about the manufacturing capacity and expansion plans of Jakson. Presently, we have 580 MW module manufacturing capacity at our Greater Noida Plant in India. We were among the first Indian manufacturers to start with fully automatic (including auto bussing) module manufacturing facility and waterless technology NDC laser cutting machine in 2021-22. The […] Read more
Acconia Energía, The Blue Circle Sign 436MW Thailand Wind Energy PPA Updated On Wed, May 10th, 2023 by Saurenergy Spanish renewable energy developer Acconia Energía has been awarded a Power Purchase Agreement (PPA) for five wind projects totaling 436MW in Thailand together with its participated company The Blue Circle. The Blue Circle is a wind energy player mainly focused on ASEAN markets. Acconia Energía said that the projects have been allocated through a tender […] Read more
Apex Clean Energy, Powin To Develop 400MWh of Energy Storage Projects Updated On Tue, May 9th, 2023 by Saurenergy Utility scale renewable energy developer Apex Clean Energy and integrated battery solutions provider Powin have announced two new battery storage projects in Texas. Apex developed and will construct, own, and operate the projects; Powin is providing its Centipede Platform and StackOS battery management system. Angelo Storage, co-located with the 195 MW Angelo Solar Project, and […] Read more
KP Energy Commissions A Further 29.4 MW Of 250 MW Wind Project In Gujarat Updated On Tue, May 9th, 2023 by Saurenergy Balance of solutions provider and EPC firm for the Wind Energy, KP Energy has successfully commissioned 29.4MW (Phase-II) ISTS connected wind power project comprising 14 numbers of WTGs of 2.1MW each at Sidhpur Site in Devbhoomi Dwarka. In a filing with the BSE yesterday, the firm informed that this Phase-II commissioning is a part of […] Read more
Servotech Q4 Results Charged Up On Strong EV Show Updated On Mon, May 8th, 2023 by Saurenergy Servotech Power Systems Ltd., a manufacturer of solar, electric vehicle (EV) chargers, power-backup and other smart power solutions, presented its quarterly financial results for the quarter ended March 31, 2023 at its Board of Directors meeting on May 7, 2023. The firm with a strong foothold in the EV charging space and in the government […] Read more
Highest Cost of Financing for RE in Mexico, Egypt & Tunisia, Lowest in Germany: IRENA Updated On Mon, May 8th, 2023 by Saurenergy IRENA (International Renewable Energy Agency) has released a report entitled ‘The Cost of Financing for Renewable Power’. The Cost of Capital (CoC) is a major determinant of the total price to purchasers of electricity from renewable power generation technologies. As per the report, incorrect assumptions for CoC are not accurate, the cost of electricity might […] Read more
Invenergy, Others Ready 104 MW New York Wind Farm Updated On Mon, May 8th, 2023 by Saurenergy Renewable energy developer Invenergy and Clean Path NY partners, energyRe and the New York Power Authority (NYPA), have completed a 103.9-MW Number Three Wind Energy Center marking the first Clean Path NY renewable generation asset to reach operation. The wind farm has been developed and constructed by Invenergy. Its one of more than 20 new […] Read more