EDF Renewables-DP Energy JV to Build 1 GW Floating Wind Project in UK Updated On Thu, Jan 13th, 2022 by Saurenergy EDF Renewables UK has created a joint venture with project developer DP Energy to generate up to 1 gigawatt (GW) of wind power from floating turbines in the Celtic Sea, it said on Wednesday. The floating offshore wind project, ‘Gwynt Glas’, will likely span English and Welsh waters south of Ireland. The partners have identified […] Read more
PGCIL Inks Pact with Africa50 for Kenya Transmission Project Updated On Thu, Jan 13th, 2022 by Saurenergy State-owned Power Grid Corporation of India Ltd (PGCIL) has inked a pact with pan-African infrastructure investment platform Africa50 to continue the development of the Kenya Transmission Project on a public-private partnership basis. According to a statement by the power ministry, the project entails the development, financing, construction, and operation of the 400kV Lessos-Loosuk and 220kV […] Read more
U.S. to add 21.5GW Solar Capacity in 2022; Texas to Claim over 6GW: EIA Updated On Wed, Jan 12th, 2022 by Saurenergy The U.S. Energy Information Administration (EIA) predicts that in 2022, 46.1 GW of new utility-scale electric generating capacity to be added to the country’s power grid in 2022, almost half of which is planned to come from solar, followed by natural gas at 21% and wind at 17%. Developers and power plant owners report planned […] Read more
NextEnergy Capital Divests its 149MW Italian Solar Portfolio Updated On Wed, Jan 12th, 2022 by Saurenergy London-based solar investor NextEnergy Capital has announced the sale of the entire portfolio of operating solar projects owned by NextPower II (Fund) in Italy. The Fund’s portfolio comprises 105 individual solar plants for a total installed capacity of 149 MW. Its plants are located across Italy, in regions including Piedmont, Lombardy, Veneto, Tuscany, Puglia, Sardinia, […] Read more
Algeria Releases Solar Tender to Deploy 1 GW Capacity Updated On Wed, Jan 12th, 2022 by Saurenergy The Ministry of Energy Transition and Renewable Energy of Algeria has launched a tender for the deployment of 1 GW of solar capacity. The procurement exercise will be divided into lots ranging from 50 MW to 300 MW each. The developers can submit technical and financial offers by April 30, 2022. Algerian Renewable Energy Company (SHAEMS), […] Read more
Impax Partners with Bullfinch Asset to Invest in RE Projects in Germany Updated On Wed, Jan 12th, 2022 by Saurenergy Impax Asset Management has partnered with Bullfinch Asset to invest in decentralised clean energy projects in Germany. Impax said a fund it manages has become a shareholder in Bullfinch and has partnered with it to establish Greenfinch, the joint investment vehicle which will deploy capital in projects that enable locally generated energy and support decarbonisation […] Read more
APTEL Restores Tariff Of Rs 8.40/unit For Solar Developer In Karnataka Updated On Tue, Jan 11th, 2022 by Saurenergy In case involving a solar power developer, Vatsala Bellary Solar Projects Private Limited versus the Karnataka Electricity Regulatory Commission (KERC) and Bangalore Electricity Supply Company Limited (BESCOM), the Appellate Tribunal for Electricity (APTEL) has ruled to restore the original tariff of Rs 8.40/unit over the revised tariff of Rs 4.36/unit that KERC had imposed on […] Read more
First Solar Faces Investor Lawsuits Over Business Claims In the US Updated On Tue, Jan 11th, 2022 by Saurenergy Starting off the new year on the wrong foot, US solar panel manufacturer First Solar has recently found itself embroiled in a number of lawsuits alleging fraud. Shareholder rights law firm Johnson Fistel announced last week that a class action lawsuit has commenced on behalf of investors of First Solar who purchased the company’s stock […] Read more
N-type Solar Module Produces 5.26% more Power than P-type one: Report Updated On Tue, Jan 11th, 2022 by Saurenergy Latest research has found that the power generation capacity of the N-type solar module is 5.26% higher than that of the P-type module with the same dimension, on account of the former’s lower levelized cost of electricity (LCOE) and higher internal rate of return (IRR). According to a new report by technical service provider TÜV Nord, N-type technology […] Read more
