McDonald’s Signs its First Large Scale Renewable PPA Updated On Fri, Nov 8th, 2019 by Saurenergy McDonald’s has announced a 220 MW virtual renewable PPA with Aviator Wind West, a portion of the Aviator Wind project located in Coke County, Texas. McDonald’s, Apex Clean Energy, and Ares Management Corporation’s Infrastructure and Power strategy, have announced a 220 MW virtual renewable power purchase agreement (PPA) between McDonald’s and Aviator Wind West, a […] Read more
Siemens Gamesa Bags 254 MW Wind Energy Plant Order in Sweden Updated On Fri, Nov 8th, 2019 by Saurenergy Siemens Gamesa has announced that it has secured an order to supply the 254 MW Stavro project, its largest ever onshore wind order in Sweden. Siemens Gamesa Renewable Energy (SGRE) has announced that it has secured an order to supply the Stavro project, its largest ever onshore wind order in Sweden. The 62 turbines with […] Read more
SECI Extends Deadlines for 2 More Solar Energy Tenders Updated On Thu, Nov 7th, 2019 by Saurenergy SECI has announced the extension in the bid submission deadline for two solar tenders, the 7 GW manufacturing linked and the 1.95 MW with BESS in Lakshadweep. The Solar Energy Corporation of India (SECI) has announced the extension in bid submission deadline for two tenders, the 7 GW manufacturing linked solar tender and the tender […] Read more
Cabinet Gives its Approval for Renewable Pact Signed With Guinea Updated On Thu, Nov 7th, 2019 by Saurenergy The Union Cabinet has given its approval to a pact signed between India and Guinea in the field of renewable energy. The Union Cabinet on November 6, 2019, gave ex-post facto approval to a pact signed between India and Guinea in the field of renewable energy. “The Union Cabinet chaired by Prime Minister Narendra Modi has given approval for the MoU (memorandum of […] Read more
Mainstream Power Closes $580 Mn Renewable Financing Deal in Chile Updated On Wed, Nov 6th, 2019 by Saurenergy Mainstream Renewable Power has reached financial close for the 1st phase of its wholly-owned and fully-contracted 1.3 GW wind and solar platform in Chile. Mainstream Renewable Power has reached financial close for the first phase of its wholly-owned and fully-contracted giant 1.3 gigawatts (GW) “Andes Renovables” wind and solar power generation platform in Chile. The […] Read more
Average Energy Spot Prices at 2-Year Low, REC Prices Rise Updated On Wed, Nov 6th, 2019 by Saurenergy The average spot power price at IEX dropped 54 percent to a two-year low of Rs 2.71 per unit in October, compared to Rs 5.94 per unit last year. The average spot power price at Indian Energy Exchange (IEX) dropped 54 percent to a two-year low of Rs 2.71 per unit in October, compared to Rs 5.94 per unit in the same […] Read more
Apple led Consortium to Purchase Wind Energy in Texas Updated On Wed, Nov 6th, 2019 by Saurenergy Apple, eBay, Samsung, and Sprint have announced a joint agreement to purchase power from a new wind farm developed by Apex Clean Energy in Texas Apple, eBay, Samsung, and Sprint have announced a joint agreement to purchase power from a new wind farm owned and developed by Apex Clean Energy in Texas. The transaction—spearheaded by […] Read more
French Energy Major EDF Bets on Storage With Pivot Power Buy Updated On Tue, Nov 5th, 2019 by Saurenergy French utility EDF continues to invest in a future where it expects storage to play a critical role, by acquiring UK battery storage firm Pivot Power. For EDF, the acquisition is another step in its effort to become a large scale storage firm. The takeover of Pivot Power also follows EDF’s acquisition in September 2018 […] Read more
Genie Energy Solar Arm Bags Module Supply Order from JPMorgan Chase Updated On Tue, Nov 5th, 2019 by Saurenergy Prism Solar Technologies (Prism Solar), a solar manufacturing arm of Genie Energy, has secured an order from JPMorgan Chase to supply solar modules for the installation at its facilities. The company said in a statement that, “Genie Energy Ltd announced that its solar manufacturing subsidiary, Prism Solar Technologies, has received additional purchase orders from JPMorgan […] Read more