New York To Get 100 MW Battery Storage Updated On Thu, Dec 17th, 2020 by Saurenergy Con Edison, a US-based energy company and 174 Power Global, a solar project development company have struck a deal that will place the largest battery storage project in New York on an industrial site in Astoria, Queens, the batteries will be able to discharge 100 megawatts of electricity. This East River Energy Storage System will […] Read more
Demand for Hydrogen in India can Grow 5-Fold by 2050: TERI Updated On Thu, Dec 17th, 2020 by Saurenergy A new report by The Energy and Resources Institute (TERI) suggests that the demand for hydrogen in India can grow 5-fold by 2050. The demand for hydrogen in India can grow five-fold by 2050. Further, by 2030, the costs of “green hydrogen” from renewables will fall more than 50 percent and start to compete with […] Read more
Vestas Completes Acquisition of MHI’s Shares in MHI Vestas Offshore Wind Updated On Thu, Dec 17th, 2020 by Saurenergy Vestas and MHI have closed the agreement for Vestas to acquire MHI’s shares in their offshore wind joint venture i.e. MVOW Vestas and Mitsubishi Heavy Industries (MHI) have closed the agreement to expand their partnership in sustainable energy. By closing the agreement, Vestas has acquired MHI’s shares in the MHI Vestas Offshore Wind (MVOW) joint […] Read more
Cubico to Acquire European RE Platform Grupo T-Solar From I Squared Capital Updated On Thu, Dec 17th, 2020 by Saurenergy I Squared Capital has an agreement to sell its European renewables platform Grupo T-Solar to Cubico Sustainable Investments Ltd I Squared Capital, a leading global infrastructure investment manager, has announced that it has entered into an agreement to sell Grupo T-Solar to Cubico Sustainable Investments Ltd, the renewable energy specialist jointly owned by Ontario Teachers’ […] Read more
In NTPC’s 30 GW Solar Plan, A Move To Maintain Control Over India’s Solar Targets Updated On Thu, Dec 17th, 2020 by Saurenergy NTPC’s ‘audacious’ Rs 2.01/Kwh bid at an auction where Saudi Arabia’s Aljomaih Energy and Water Company and Singapore’s Sembcorp Industries bid at Rs 2 might just signal the next phase of the national power generators biggest shift yet. To Renewable Energy. When NTPC won 470 mw of solar development rights for itself at Rs 2, […] Read more
Increasing Stakes in Intrastate Transmission Will Drive RE Growth in India: IEEFA Updated On Wed, Dec 16th, 2020 by Saurenergy IEEFA recommends increasing competition in the intrastate transmission sector to speed up the deployment of renewable energy in India A new IEEFA report recommends increasing competition in the development of intrastate transmission infrastructure, to speed up the deployment of renewable energy in India. “As the share of increasingly low cost but variable renewable energy grows, development […] Read more
Cordelio Power Acquires 150 MW Solar Development Project in Missouri Updated On Wed, Dec 16th, 2020 by Saurenergy Cordelio Power (“Cordelio”) is pleased to announce the acquisition of a 150 MW solar project (“Winfield”) under development in Lincoln County, Missouri. Cordelio acquired the Winfield project from a joint venture between Dakota Power Partners, LLC (“Dakota”) and MAP Energy (“MAP”), the original developers of the project. Dakota will initially provide transition development services for the project, […] Read more
Silicon Ranch Closes $225 Million Equity Raise with Existing Shareholders Updated On Wed, Dec 16th, 2020 by Saurenergy Silicon Ranch Corporation, the U.S. solar platform for Shell and one of the nation’s largest independent power producers, has closed an investment round that attracted $225 million in new equity capital. The round was funded entirely by existing Silicon Ranch shareholders, which include Shell and institutional investors TD Greystone Infrastructure Fund (Global Master) L.P., managed by TD […] Read more
Perovskite Tech Company Swift Solar Secures $8 Mn in Series Seed 2 Funding Updated On Wed, Dec 16th, 2020 by Saurenergy Swift Solar has secured more than USD 8 million in Series Seed 2 funding, with an additional USD 1.5 million expected to close soon. Swift Solar, a solar PV technology company working on perovskite technology, has announced that it has secured more than USD 8 million in Series Seed 2 funding, with an additional USD 1.5 million expected to close soon, for a […] Read more
