Power Insights from China For 2020-Surge for Wind, Solar, Consumption Up 3.1% Updated On Thu, Jan 21st, 2021 by Saurenergy On January 19, China’s National Energy Administration (NEA) released data on electricity consumption for the full year (2020). And the numbers are surprising, in more ways than one. The big surprise of 2020 was the newly installed capacity of power sources. At 190.87 million kilowatts, these included 13.23 million kilowatts of hydropower, 71.67 million kilowatts […] Read more
Cabinet Approves MoU Between India and Uzbekistan for Cooperation in Solar Energy Updated On Thu, Jan 21st, 2021 by Saurenergy The Union Cabinet has approved the MoU between India and Uzbekistan for cooperation in the field of Solar Energy. The Union Cabinet, chaired by Prime Minister Narendra Modi was apprised of the signing of Memorandum of Understanding (MoU) between India and Uzbekistan for cooperation in the field of Solar Energy. The main area of work under […] Read more
EDF-R Announces Commercial Operation of Maverick 1 and 4 Solar Projects Updated On Thu, Jan 21st, 2021 by Saurenergy EDF-R has begun commercial operation of the Maverick 1 (173.4 MWdc) and Maverick 4 (135.9 MWdc) solar projects in California EDF Renewables (EDF-R) North America has announced the completion and commercial operation of the Maverick 1 (173.4 MWdc) and Maverick 4 (135.9 MWdc) solar projects in California. Maverick 1 provides 125 MWac of electricity to […] Read more
EDPR Acquires Majority Interest in Distributed Solar Platform C2 Omega Updated On Wed, Jan 20th, 2021 by Saurenergy EDPR NA Distributed Generation will focus exclusively on downstream generation and energy efficiency services EDPR Renewables North America LLC (EDPR NA) announces the acquisition of a majority interest in C2 Omega LLC, the distributed solar platform of C2 Energy Capital LLC (C2). The new company, EDPR NA Distributed Generation, will be the exclusive provider of […] Read more
Pattern Energy Closes Financing of Largest Wind & Solar Energy Fund in Japan Updated On Wed, Jan 20th, 2021 by Saurenergy Pattern Energy Group LP (Pattern Energy) has announced that it has closed the financing of a USD 515 million fund, Green Power Renewable No. 1 Investment LP (the fund), the largest fund in Japan focused on wind and solar energy investments. Pattern Energy’s affiliate in Japan, Green Power Investment Corporation (GPI), will manage the fund and is also one […] Read more
Dominion Energy Acquires 150 MW Solar Project in Ohio from Invenergy Updated On Wed, Jan 20th, 2021 by Saurenergy Dominion Energy announced today that one of its subsidiaries has acquired the 150-megawatt (AC) Hardin solar generating facility, which recently entered service in Hardin County, Ohio, from Chicago-based Invenergy. Facebook will take the electricity generated at the facility as well as the renewable energy credits, under a long-term agreement signed prior to the project’s construction. “With this solar project, Dominion […] Read more
FTM Storage Costs to Decline 30% by 2025 in Asia Pacific: WoodMac Updated On Wed, Jan 20th, 2021 by Saurenergy All-in FTM battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, as per Wood Mackenzie. All-in front-of-the-meter (FTM) battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, according to research and consultancy firm Wood Mackenzie. Storage system prices fell […] Read more
EV Startup Rivian Raises USD 2.65 Billion, Led by T. Rowe Price Updated On Wed, Jan 20th, 2021 by Saurenergy Rivian, an electric vehicle (EV) startup, provider of electric SUVs, has announced the closing of its latest investment round of USD 2.65 billion led by T. Rowe Price Associates, Inc. This round also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue, and D1 Capital Partners as well as several other existing and […] Read more
229.25 RE Capacity Added in First 10 Months of FY21 in Andhra Pradesh Updated On Wed, Jan 20th, 2021 by Saurenergy Data from NREDCAP has revealed that in the first 10 months of the FY21, Andhra Pradesh had 229.25 MW of RE capacity connected to its grid. The New and Renewable Energy Development Corporation of AP (NREDCAP) has issued the updated status of renewable energy (RE) projects commissioned in the state of Andhra Pradesh (until January […] Read more
