BP Acquires 9 GW Solar Portfolio in the U.S. Updated On Wed, Jun 2nd, 2021 by Saurenergy British oil and gas giant BP plc announced yesterday that it is purchasing 9 GW of solar development projects in the US from independent US solar developer 7X Energy, pouring $220 million and 1 GW of “safe harbour” equipment into the deal. The projects are expected to meet bp’s laid down low carbon investment criteria, […] Read more
Pakistan’s ending Coal Imports to hit South African coal’s prospects: IEEFA Updated On Mon, May 31st, 2021 by Saurenergy The growing and irreversible risks being faced by South African coal exporters As Thungela Resources’ CEO attempts to talk up the future of the Anglo American coal spin-off, South Africa’s second largest coal export destination Pakistan is planning to bring coal imports to an end. Thungela CEO July Ndlovu recently stated that a “just transition” […] Read more
AER Report Q1 FY21: Solar Eclipses Gas as Electricity Source in Australia Updated On Fri, May 28th, 2021 by Saurenergy The Australian Energy Regulator (AER) recently published its Quarterly Wholesale Markets Report for the first three months of this year, reporting that large-scale solar generated more electricity than the average amount produced by gas for the first time in Australia. In Q1 FY21, wholesale electricity spot prices were lower than expected, with volume weighted average prices […] Read more
EDP Group to Invest Over €1 Billion in Green Energy in Galacia, Spain Updated On Thu, May 27th, 2021 by Saurenergy Lisbon-headquartered electric utilities company EDP- Energias de Portugal recently announced its plans to invest more than 1 billion euros in Galicia, Spain, over the next 10 years, to develop renewables and support the region’s on-going transition to a new energy and economic model, within the framework of the European Next Generation funds. The Portugal company […] Read more
7th PVEL Scorecard Ranks 26 Module Manufacturers as Top Performers Updated On Thu, May 27th, 2021 by Saurenergy California-headquartered PV Evolution Labs (PVEL), an independent test lab for the downstream solar and energy storage industry, recently published its 2021 PV Module Reliability Scorecard, which names 117 model types of PV modules from 26 manufacturers as Top Performers in PVEL’s testing. The 7th edition of the Scorecard applauds the widespread adoption of technical advances […] Read more
The Green (Silver) Lining- Jobs In Cleantech Updated On Tue, May 25th, 2021 by Saurenergy Green jobs are jobs that are focused and shaped around activities that help preserve and protect the environment. These jobs can be from the conventional sectors like assembling and manufacturing, or in newer ‘green’ areas like environmentally friendly power and energy productivity. Even as the Covid pandemic has caused widespread job losses worldwide, it has also […] Read more
Adani Green Transfers 74% Stake of MSEL to Adani Tradecom LLP Updated On Mon, May 24th, 2021 by Saurenergy Ahmedabad-headquartered Adani Green Energy Ltd announced on Saturday that its subsidiary Adani Renewable Energy Holding Four Ltd has transferred 74 per cent shareholding of Mundra Solar Energy Ltd (MSEL) to Adani Tradecom LLP (ATLLP). It stated in a BSE filing, “7,400 equity shares are transferred to ATLLP at face value i.e. Rs 10 each, aggregating to Rs […] Read more
Vestas Wins First EnVentus Order in Asia Pacific for a 157 MW Project in Australia Updated On Mon, May 24th, 2021 by Saurenergy Vestas has secured a 157 MW order from Neoen to deliver the engineering, procurement and construction of Kaban Green Power Hub in Far North Queensland, Australia. The project will feature 28 of Vestas’ V162-5.6 MW turbines from the EnVentus platform. This marks Vestas’ first EnVentus order for Asia Pacific and Australia, as well as Neoen’s first […] Read more
SJVN Ltd Bags 75 MW Solar Project in Jalaun, UP Updated On Mon, May 24th, 2021 by Saurenergy Hydroelectric power generation company SJVN Ltd announced on Friday its winning of a 75 MW grid-connected solar project in Jalaun, Uttar Pradesh. SJVN Ltd, which is a joint venture of the Government of India and the Himachal Pradesh government, has said in a statement that the power generated from the project will be procured by Uttar Pradesh New […] Read more
