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
Onward Energy to Create 4 Gigawatt US Power Platform Updated On Wed, Jan 13th, 2021 by Saurenergy U.S.-based independent power producers Novatus Energy and Southwest Generation today announced the completion of a merger of the two companies to create Onward Energy. Onward Energy will continue under common ownership by institutional investors advised by J.P. Morgan Asset Management. Onward Energy owns 43 wind, solar, and natural gas generating projects across 16 states, and […] 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
Adani Green Energy Commissions 25 MW Solar Plant in Uttar Pradesh Updated On Mon, Jan 11th, 2021 by Saurenergy Adani Green Energy has commissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh, executing a PPA with NPCL at Rs 3.08/kWh. Adani Solar Energy Chitrakoot One Limited, a step-down subsidiary of Adani Green Energy Limited (AGEL) has commissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh. The firm has executed a […] 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
VSL Awarded Contract for Hybrid Tampen Floating Wind Farm Updated On Fri, Jan 8th, 2021 by Saurenergy Kværner has awarded VSL the contract for the post-tensioning works for the 11 floating concrete hulls for wind power turbines of the Hywind Tampen project in Norway. VSL will be responsible for the post-tensioning works of the semi-submersible concrete structures which will require installation of vertical post-tensioning tendons in the hulls with the length up […] Read more
Xcel Energy Releases RfP For 500 MW Solar Power Generation Updated On Thu, Jan 7th, 2021 by Saurenergy U.S. based Renewable Energy Provider, Xcel Energy has released a Request for Proposals (RfP) for the generation of approximately 500 MW of solar power near its Sherburne County (Sherco) Generating Station in Becker, Minnesota. The company serves approximately 3.7 million electricity and 2.1 million natural gas customers across parts of eight Midwestern and Western states, […] Read more
ITC Limited Commits to 100 Percent RE for all Energy Needs by 2030 Updated On Thu, Jan 7th, 2021 by Saurenergy ITC has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. Indian multinational conglomerate ITC Limited has announced that it has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. “As a part of […] Read more
