Japan’s Orix to Acquire 80% Stake in Spains’ Elawan Energy Updated On Tue, Dec 29th, 2020 by Saurenergy Japan’s ORIX Corporation will invest in Elawan Energy, a global renewable energy firm headquartered in Madrid. Japan’s ORIX Corporation has announced that it has entered into an agreement to invest in Elawan Energy, a global renewable energy company headquartered in Madrid, Spain focused on the development and ownership of wind and solar PV power plants. […] Read more
EPRI Selected for 3 US DOE Awards for Advancing Energy Storage Updated On Tue, Dec 29th, 2020 by Saurenergy EPRI will lead 3 projects for advanced, bulk energy storage following selection by the US Department of Energy (DOE) for awards totaling USD 600K The Electric Power Research Institute (EPRI) has announced that it will lead three projects for advanced, bulk energy storage following selection by the US Department of Energy (DOE) for awards totaling […] Read more
Australia Solar Plant Ropes In Singapore’s Keppel Renewable As Partner Updated On Mon, Dec 28th, 2020 by Saurenergy Singapore-based Keppel Renewable Energy 9KRE), is investing for a 45% stake in Harlin Solar, which is developing a 500 MW solar farm at Harlin, about 100 kilometers northwest of Brisbane, Australia. This is KRE’s first large scale solar plant anywhere. The group has a 2030 target of 7 GW of renewable energy projects. The investment, […] Read more
Ameren Missouri Acquires its First Wind Energy Center in Northeast Missouri Updated On Sat, Dec 26th, 2020 by Saurenergy Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), has closed on the acquisition of the company’s first wind energy center, a 400-megawatt (MW) project in northeast Missouri. The purchase of the High Prairie Renewable Energy Center in Adair and Schuyler counties is the first of two planned investments in Missouri-based wind generation, which will add 700 MW of clean […] Read more
TransAlta Renewables Acquires 303 MW Portfolio From TransAlta Corporation Updated On Sat, Dec 26th, 2020 by Saurenergy TransAlta Renewables announced that it had entered into definitive agreements for the acquisition of three assets from TransAlta Corporation (“TransAlta”) (TSX: TA) consisting of: a 100 per cent direct interest in the 207 MW Windrise wind project located in the Municipal District of Willow Creek, Alberta; a 49 per cent economic interest in the 137 MW Skookumchuck […] Read more
Borosil Renewables, The Newest Renewable Star On The Stock Market Updated On Wed, Dec 23rd, 2020 by Saurenergy Borosil Renewables Limited, the Mumbai based firm manufacturing firm that specialises in solar glass, has had a dream run up in the stock markets. Luckily for investors, this is a firm that has some real numbers to back it up, although valuations remain a matter of hope over substance probably. The firm, formerly called Borosil […] Read more
700 MW Allocated to Small Scale PV Developers in Poland’s Latest Renewables Auction Updated On Wed, Dec 23rd, 2020 by Saurenergy In Poland‘s latest renewables auction of the year, the solar grabs 700 MW for small-scale photovoltaic (PV) plants. The country’s Energy Regulatory Office (ERO) reported a minimum price of PLN 228.7/MWh (USD 61.2), while it was PLN 269.0 in the auction held last year. ERO announced the results on 18th December 2020, declaring that or […] Read more
A Majority Renewables Grid by 2030 Will Support 980,000 Direct Jobs in US: Report Updated On Tue, Dec 22nd, 2020 by Saurenergy A new study has found that reaching a majority renewables grid over the next decade will support 980,000 direct jobs in the US According to a new ‘first-of-its-kind’ study, released by Wood Mackenzie and the American Clean Power Association (ACP), reaching a majority renewables grid will deploy over USD 1 trillion in capital investment into the American economy […] Read more
Solar Farms Generating 50% of Iran’s Renewable Power Updated On Mon, Dec 21st, 2020 by Saurenergy Iran’s Renewable Energy and Energy Efficiency Organization (SATBA) has released data indicating that the share of solar power plants in Iran has reached 49 percent. Based on the data, the total capacity of Iran’s renewable power plants is 844.59 megawatts (MG) at the end of November 2020. The solar surge should be no surprise considering […] Read more