Austria’s Verbund bags renewable portfolio in Spain Updated On Tue, May 10th, 2022 by Saurenergy Austrian hydropower utility Verbund said on Monday it had acquired a portfolio of renewable energy assets in Spain from local private equity fund Q-Energy for an undisclosed sum. The assets include operating photovoltaic power plants with a combined capacity of 82 megawatts (MW) and projects planned to have an eventual capacity of up to 4,000 […] Read more
Bids For 1250 MW Solar Plants Under PMKUSUM-C Invited in Madhya Pradesh Updated On Tue, May 10th, 2022 by Saurenergy Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has invited bids for the selection of Renewable Power Generators (RPGs) through tender process for setting up 1250 MW grid-connected Solar PV-based Power Plants (SPP) connected to selected 33/ 11 kV substation in Madhya Pradesh. MPUVNL will sell the solar power so procured to Madhya Pradesh Power Management Company Limited (MPPMCL) […] Read more
Shift To Renewable Is Slow And Unable to Stop Power Cuts In US Updated On Tue, May 10th, 2022 by Saurenergy Electric grid operators across the USA are warning of looming blackouts as companies shift to renewable energy. MISO CEO John Beer has been quoted by a section of media as saying on May 8, “As we go forward, we need to know that when you put in a solar panel or a wind turbine, it’s […] Read more
US Investigations Into AD/CVD Circumvention Draws Howls Of Protests Updated On Mon, May 9th, 2022 by Saurenergy The Department of Commerce (DoC), which started the investigation in March this year has managed to roil solar industry firms in the US across the board, as uncertainty starts impacting projects. The DoC had initiated a solar anti-circumvention investigation based on a petition from a small U.S. company called Auxin Solar. The petition asks for […] Read more
Altius Announces $32.5 million investments in RE platform Updated On Mon, May 9th, 2022 by Saurenergy Canada-based Altius Renewable Royalties Corp. has reported that its jointly controlled subsidiary, Great Bay Renewables– popularly known as ‘Great Bay’ – has executed agreements to invest a total of $32.5 million into a new global renewables development platform, Bluestar Energy Capital. Bluestar was founded recently and its majority stakes are owned by Declan Flanagan, former […] Read more
World Bank says Pakistan must call for 11GW renewable energy bids Updated On Mon, May 9th, 2022 by Saurenergy Variable Renewable Energy Competitive Bidding Study – a new study by the World Bank – has said that Pakistan will require a call for competitive bidding for over 11 GW of renewable energy solar and wind power plants between the present and 2028. The study stated that this is needed to ensure that the future […] Read more
