Masdar, EDF to Partner on 8 US Renewable Energy Projects Worth 1.6 GW Updated On Fri, Aug 14th, 2020 by Saurenergy Masdar has announced a deal with EDF Renewables that will see it acquire a 50 percent stake in a 1.6 GW renewable energy portfolio. EDF Renewables North America and Masdar, a subsidiary of Mubadala Investment Company, have announced Masdar’s second strategic investment in the United States (US) in a deal with EDF Renewables North America […] Read more
Azure Power Reports Q1 Financial Results, Revenue of Rs 394 Crore Updated On Fri, Aug 14th, 2020 by Saurenergy Azure Power has announced its consolidated results for Q1 2021, reporting revenue of Rs 394 crore for the quarter, an increase of 16 percent YoY. Azure Power Global Limited, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal first […] Read more
Renewables in 2020 Will be Fastest-Growing Source of Electricity in the US: EIA Updated On Wed, Aug 12th, 2020 by Saurenergy The EIA has revealed that it expects renewables to be the fastest-growing source of electricity generation in the US in 2020. The US Energy Information Administration (EIA) has revealed in its Short Term Energy Outlook (STEO) that it expects renewables to be the fastest-growing source of electricity generation in the US in 2020. It has […] Read more
Boralex Completes $805 Mn Refinancing for 230 MW Wind Farm in Canada Updated On Tue, Aug 11th, 2020 by Saurenergy Boralex has completed the USD 805 million refinancing over 16 years for its 230 MW Niagara Region Wind Farm in Ontario, Canada. Boralex Inc has announced that it has completed the approximately USD 805 million refinancing over 16 years for its 230 MW Niagara Region Wind Farm (NRWF) in the Niagara Peninsula, Ontario, Canada. NRWF was commissioned on […] Read more
First Solar Sells North American O&M Business to NovaSource Updated On Fri, Aug 7th, 2020 by Saurenergy First Solar has announced that it has entered into an agreement under which NovaSource will acquire its North American O&M business. American manufacturer of solar panels, and a provider of utility-scale PV power plants and supporting services – First Solar has announced that it has entered into a Membership Interest Purchase Agreement with NovaSource Power […] Read more
Smoother Processes for Offshore Wind Leasing in the US Will Unlock Billions: WoodMac Updated On Fri, Aug 7th, 2020 by Saurenergy Wood Mackenzie believes that the offshore wind market could move even faster in the US with smoother processes in place for leasing and permitting. Offshore wind in the United States is growing by leaps and bounds. And the WoodMac base scenario for the US offshore wind market sees 25 gigawatts of capacity getting built by […] Read more
Facebook Signs PPA to Purchase Power From Apex’s 300 MW Wind Project Updated On Fri, Aug 7th, 2020 by Saurenergy Apex Clean Energy has executed a PPA with Facebook for approximately 170 MW of renewable power from its 300 MW Lincoln Land Wind project in Illinois. Apex Clean Energy has announced that Lincoln Land Wind has executed a power purchase agreement (PPA) with Facebook for approximately 170 MW of renewable power from the Illinois-based wind […] Read more
China to add 251 GW of new wind capacity by 2029 Updated On Mon, Aug 3rd, 2020 by Saurenergy Subsidy phase-out to impact 16% of onshore wind capacity additions China is expected to add 251 GW of new wind power projects to its grid by 2029. According to a Wood Mackenzie report, the country’s wind power market could reach a cumulative grid connected capacity of 461 GW by the end of the decade. More […] Read more
Avangrid Sells Stake in 155 MW Wind Project for USD 235 Million Updated On Wed, Jul 29th, 2020 by Saurenergy Avangrid Renewables, a subsidiary of AVANGRID, has announced that it has completed a transaction with WEC Energy Group of Milwaukee to sell an ownership interest in the Tatanka Ridge Wind project, now under construction in Deuel County, SD, northeast of Brookings. Under the terms of the transaction, which was signed earlier this month, WEC Energy […] Read more
