Adani Green Energy Posts 136% Increase in Cash Profit for FY21 Updated On Thu, May 6th, 2021 by Saurenergy Adani Green Energy, a part of the Adani Group, has announced its financial results for the quarter and financial year ended March 31, 2021. The company has reported strong numbers across its value chain including cash profit and awarded capacity in national tenders. Financial Performance: The firm reported that revenue from Power Supply in FY21 […] Read more
Meghalaya to Empanel Developers for Renewable Energy Projects Updated On Thu, May 6th, 2021 by Saurenergy Meghalaya has issued an EOI for the empanelment of developers for setting up renewable energy projects under different models in the state. The Power Department of the Government of Meghalaya has issued an Expression of Interest (EOI) for the empanelment of firms/ developers for setting up renewable energy projects including hydro, solar, wind, and biomass […] Read more
ACWA Power to Develop 1.5 GW Wind Project in Central Asia Updated On Wed, May 5th, 2021 by Saurenergy ACWA Power has signed an implementation agreement for the development, construction & operation of a 1.5 GW wind power project in Uzbekistan. ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants in 13 countries, signed an implementation agreement with the Ministry of Investments & Foreign Trade and the […] Read more
European Commission Approves €400 Mn Renewable Energy aid for Denmark Updated On Wed, May 5th, 2021 by Saurenergy The European Commission has approved an aid scheme worth EUR 400 million to help Denmark reach its renewable energy targets The European Commission has approved, under EU State aid rules, a Danish aid scheme to support electricity production from renewable sources. The measure will help Denmark reach its renewable energy targets without unduly distorting competition […] Read more
Virginia SCC Approves new Solar Projects Worth 500 MW of Dominion Energy Updated On Tue, May 4th, 2021 by Saurenergy The Virginia State Corporation Commission (SCC) approved Friday the largest group of new solar projects for Dominion Energy Virginia customers. The nine new solar facilities will total nearly 500 megawatts, enough to power 125,000 homes at peak output with renewable energy. These projects represent a major step toward achieving the goals of the Virginia Clean […] Read more
Amp Energy Establishes Renewable Energy Hub of South Australia Updated On Tue, May 4th, 2021 by Saurenergy Amp Power Australia has announced the establishment of the Renewable Energy Hub of South Australia (REHSA) Amp Power Australia, the Australian operating company of global developer Amp Energy, has announced the establishment of the Renewable Energy Hub of South Australia (REHSA); a strategic portfolio of large-scale integrated Solar PV, Wind and Battery Energy Storage System […] Read more
Dominion Energy Seeks Projects to Increase Renewable Energy in Virginia Updated On Mon, May 3rd, 2021 by Saurenergy Dominion Energy Virginia is seeking proposals from developers for new solar, onshore wind and energy storage projects. The company issues annual Requests for Proposals (RFPs) to support the goals of the Virginia Clean Economy Act (VCEA) and help the company achieve its goal of net zero greenhouse gas emissions by 2050. Dominion Energy has made […] Read more
We Energies and Wisconsin Public Service Announce State’s Largest Renewable Energy Project Updated On Mon, May 3rd, 2021 by Saurenergy We Energies and Wisconsin Public Service, the largest utilities in WEC Energy Group, are proposing to purchase the Koshkonong Solar Energy Center, a planned 465-megawatt (MW) solar and battery storage project in south-central Wisconsin. If approved, the project would be the largest renewable energy project in the state. The Koshkonong Solar Energy Center would feature 300 […] Read more
Investments Worth $810 Billion Expected in the Offshore Wind Sector This Decade Updated On Mon, May 3rd, 2021 by Saurenergy The combined capital and operational expenditure in the offshore wind sector for the decade is set to add up to a massive USD 810 billion A new report by Rystad Energy has predicted that the offshore wind industry’s global installed capacity will exceed 250 gigawatts (GW) by 2030, driven by a surge in coming projects. […] Read more