ENGIE NA Added Nearly 2 GW of Renewable Energy in the US in 2020 Updated On Thu, Jan 14th, 2021 by Saurenergy ENGIE North America has announced that it added nearly 2 GW of renewable energy in the US in 2020, as part of its commitment to deliver 9 GW of renewable energy capacity globally between 2019 and 2021. These new clean energy capacities will offset nearly 2.1 million metric tons of carbon and bring the firm’s […] Read more
Excelsior Energy Capital Closes Inaugural Renewable Energy Fund at $504 Million Updated On Thu, Jan 14th, 2021 by Saurenergy Excelsior Energy Capital, a leading independent North American renewable energy investor, today announced the final close of its inaugural fund, Excelsior Renewable Energy Investment Fund I, with total capital commitments of USD 504 million, exceeding the Fund’s USD 500 million target. The Fund will continue to invest equity in middle-market wind and solar power plants […] Read more
Neglecting Renewables Could Cost Indonesia’s Energy Edge: IEEFA Updated On Tue, Jan 12th, 2021 by Saurenergy No country is immune to the rapid disruption occurring in the global energy sector. New technological innovations in both supply and demand have changed the technical versus economic discourse. Renewables are now cheaper than any fossil fuel in most parts of the world. And Indonesia’s no exception to this transition as per IEEFA. The sharp […] Read more
Emergence of Asia-Pacific Renewable Energy Sector Updated On Mon, Jan 11th, 2021 by Saurenergy By Suman Jagdev, Director & Lead – Strategy Consulting, GCA Corporation, Mumbai The Sustainable Development Goals (SDGs) adopted by the United Nations has led to articulation of clear actions for a sustainable world underpinned by responsible consumption and production. Governments are required to meet targets assigned by the United Nations and frame adequate regulations and […] Read more
GE Renewable Energy scores another win in Vietnam Updated On Wed, Dec 30th, 2020 by Saurenergy GE Renewable Energy announced that it has secured a 27.2 MW contract to supply 8 units of GE’s 3 MW-137 wind turbines to support construction of the Phuoc Minh Wind Farm, located in Ninh Thuan, in the South Central Region of Vietnam. A consortium of PowerChina Huadong Engineering Corporation, Henste Engineering and IPC Group will […] Read more
Nexus Renewables to Deploy 27MW/108MWh BTM Battery Energy Storage in California Updated On Wed, Dec 30th, 2020 by Saurenergy Nexus Renewables U.S. Inc. is pleased to announce an agreement with Pacific Gas and Electric Company (PG&E) whereby Nexus Renewables will service 100+MWh of Resource Adequacy needs in Northern and Central California through a fleet of behind-the-meter energy storage resources. Nexus Renewables’ energy storage fleet will serve three primary goals under a 15-year power purchase agreement (PPA) […] Read more
Hannon Armstrong Invests in 1.6 GW Renewable Energy Portfolio of Clearway Energy Updated On Thu, Dec 24th, 2020 by Saurenergy Hannon Armstrong Sustainable Infrastructure Capital, a leading investor in climate solutions, today announced a preferred equity investment in an approximately 1.6 gigawatt (GW) onshore wind and utility-scale solar portfolio developed and managed by Clearway Energy Group, one of the largest developers and operators of clean energy in the United States with a pipeline of 9 […] Read more
PG&E to Expand its Battery Storage Portfolio, Further Integrate Renewable Energy Updated On Thu, Dec 24th, 2020 by Saurenergy Pacific Gas and Electric Company (PG&E) has requested California Public Utilities Commission (CPUC) approval of six additional battery energy storage projects totaling 387 megawatts (MW) of capacity, intended to further integrate clean energy from renewable generation sources while helping to ensure the future reliability of the electric system. The six project agreements complete PG&E’s procurement […] Read more
PLN has ‘Green Ambition’ but is Short on Renewable Energy Credibility: IEEFA Updated On Thu, Dec 24th, 2020 by Saurenergy IEEFA finds that PLN must be prepared for a much higher level of scrutiny when the company launches its debut green and/or sustainable bonds. Indonesian state-owned electricity company PT Perusahaan Listrik Negara (PLN) is preparing to issue a “green and/or sustainable financing” instrument as early as January 2021 following the publication of its Statement of Intent […] Read more
