Mitsubishi and Chubu Complete EUR 4.1 Bn Acquisition of Eneco Updated On Thu, Mar 26th, 2020 by Saurenergy Mitsubishi and Chubu Electric have officially acquired all shares of Eneco through its joint venture for a total value of 4.1 billion euros In November 2019, Mitsubishi Corporation (MC) and Chubu Electric were selected as the preferred buyers in a bid for the Dutch Energy Company – Eneco. Both firms had since been completing the […] Read more
New York Announces Awards for 21 Renewable Projects Worth 1278 MW Updated On Wed, Mar 25th, 2020 by Saurenergy New York has unveiled the details of the awards for 21 large-scale solar, wind, and energy storage projects totaling 1,278 MW of new renewable capacity. (Updated on March 25, 2020) New York Governor Andrew M. Cuomo recently unveiled the details of the awards for 21 large-scale solar, wind, and energy storage projects across upstate New […] Read more
EVs Emit Less CO2 Than Conventional Vehicles: Study Updated On Wed, Mar 25th, 2020 by Saurenergy EVs produce less CO2 than petrol cars across the globe, even if electricity generation involves substantial amounts of fossil fuel, according to a new study Electric vehicles (EVs) produce less carbon dioxide (CO2) than petrol cars across the globe, even if electricity generation involves substantial amounts of fossil fuel, according to a study which projects that in 2050 every second car on the […] Read more
Saudi Arabia Lists 49 Pre-Qualified Bidders for 1.2 GW Solar Tender Updated On Tue, Mar 24th, 2020 by Saurenergy The Saudi Arabia REPDO has issued the list of all the pre-qualified bidders in round three of the Kingdom’s NREP for four solar PV projects worth 1.2 GW The Saudi Arabia Renewable Energy Project Development Office (REPDO) has issued the list of all the pre-qualified bidders in round three of the Kingdom’s National Renewable Energy […] Read more
UK Confirmed as 1st Co-Chair in India-Led Climate Change Initiative Updated On Mon, Mar 23rd, 2020 by Saurenergy The UK has been confirmed as the first co-chair of the Governing Council on the India-led global Coalition for Disaster Resilient Infrastructure (CDRI). The UK on March 23, 2020, was confirmed as the first co-chair of the Governing Council on the India-led global Coalition for Disaster Resilient Infrastructure (CDRI). The coalition was established by Prime Minister Narendra Modi and is a […] Read more
Govt Planning to Tender 20 GW of Solar Projects by June 2021: RK Singh Updated On Thu, Mar 19th, 2020 by Saurenergy RK Singh has said that apart from solar projects (installed or under development) the government is planning to tender for 20 GW solar projects by June 2021 Union Minister for New and Renewable Energy RK Singh has said that as on February 29, 2020, a cumulative grid-connected solar power capacity of 35.07 GW had been […] Read more
EnBW Begins Construction Work on 187 MW Solar Project Updated On Wed, Mar 18th, 2020 by Saurenergy EnBW has begun constructing its “Weesow-Willmersdorf” solar park with an installed output of 187 MW on an area covering 164 hectares in Brandenburg. EnBW (Energie Baden-Württemberg) has announced that it is constructing its “Weesow-Willmersdorf” solar park with an installed output of 187 MW on an area covering 164 hectares. The solar park is located almost […] Read more
EDF and ODEC Announce Increased Portfolio of Distributed Solar Projects Updated On Wed, Mar 18th, 2020 by Saurenergy ODEC and EDF Renewables North America have announced an increase to a previously announced partnership to develop a portfolio of distributed solar projects Old Dominion Electric Cooperative (ODEC) and EDF Renewables North America have announced an increase to a previously announced partnership to develop a portfolio of distributed solar projects across ODEC member service territories in Virginia, Maryland, and Delaware. The […] Read more
‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees Updated On Mon, Mar 16th, 2020 by Saurenergy The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […] Read more