Repsol to Develop 26 new Wind Farms in Spain Totaling 860 MW Updated On Sat, Feb 29th, 2020 by Saurenergy Repsol has added a new 860 MW wind portfolio in Spain, allowing the company to progress towards its goal of becoming a net-zero emissions company by 2050 Repsol has added a new 860 MW wind farm project in the northern region of Aragon in Spain to its renewables portfolio. This allows the company to progress […] Read more
Rio Tinto to Invest $1 Billion to Meet new Climate Change Targets Updated On Thu, Feb 27th, 2020 by Saurenergy Rio Tinto has announced plans to invest around USD 1 billion over the next five years to support the delivery of its new climate change targets Rio Tinto has announced plans to invest around USD 1 billion over the next five years to support the delivery of its new climate change targets and a company […] Read more
State Fund, Engie to Build Solar, Storage & EV Charging Stations in California Updated On Mon, Feb 24th, 2020 by Saurenergy The State Fund and Engie North America have announced an agreement to build solar panels, energy storage systems, and EV charging stations across California The State Compensation Insurance Fund (State Fund) and Engie North America have announced an agreement to build solar photovoltaic (PV) panels, energy storage systems, and electric vehicle (EV) charging stations across […] Read more
Standard Chartered Commits $35 Bn Towards Renewable Projects Updated On Wed, Feb 19th, 2020 by Saurenergy Standard Chartered has committed to providing USD 35 billion of project financing, M&A advisory and debt structuring services for renewable projects by 2024 Standard Chartered Bank has announced its business targets for supporting its clients as they transition to a low- carbon economy as part of the Bank’s sustainability aspirations. By the end of 2024, […] Read more
Shell Signs Power Offtake Deal for 100 MW Storage System in England Updated On Tue, Feb 18th, 2020 by Saurenergy Shell Energy Europe has agreed on a multi-year power offtake deal that enables the installation of the 100 MW Minety power storage project in England. Shell Energy Europe Limited (SEEL) has agreed on a multi-year power offtake deal that enables the installation of Europe’s biggest battery, the 100-megawatt (MW) Minety power storage project in south-west […] Read more
Hellenic Petroleum Acquires Solar Projects Worth 204 MW in Greece Updated On Tue, Feb 18th, 2020 by Saurenergy Hellenic Petroleum has announced the acquisition of a portfolio of solar PV projects at the final permitting stage in Northern Greece from juwi. Hellenic Petroleum has announced the acquisition of a portfolio of solar photovoltaic (PV) projects at the final permitting stage, in the area of Kozani, in Northern Greece, from German renewable energy projects […] Read more
EVs to Cost Less Than ICE Vehicles Inside 3 Years: Niti Aayog CEO Updated On Fri, Jan 31st, 2020 by Saurenergy EVs will cost less than ICE vehicles in 3 years as the price of battery packs is expected to fall by almost 51% per unit, NITI Aayog CEO Amitabh Kant said Electric Vehicles (EVs) will become cheaper than internal combustion engine (ICE) vehicles in three years as the price of battery packs of EVs is […] Read more
EDP and Engie Reach Agreement on 50:50 Offshore Wind JV Updated On Fri, Jan 24th, 2020 by Saurenergy EDP Renewables has announced the signing of an agreement with Engie to create a co-controlled 50/50 joint-venture (JV) in fixed and floating offshore wind. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced the signing of an agreement with Engie to create […] Read more
Portugal’s Galp Acquires 2.9 GW Solar Portfolio From ACS in Spain Updated On Thu, Jan 23rd, 2020 by Saurenergy Galp Energia has reached an agreement with the ACS Group for the acquisition of projects for the generation of solar energy in Spain Galp Energia, a Portuguese corporation which consists of more than 100 companies engaged in activities such as natural gas supply, transport, storage, etc has announced that it has reached an agreement with […] Read more