US Makers Face Challenges From Cheap Chinese Solar Products: Report Updated On Tue, Mar 26th, 2024 by Saurenergy A recent report by SEMA collation on the state of US PV solar manufacturing discussed the importance of developing a domestic solar manufacturing supply chain in the United States. The report discussed the steps required to reduce dependency on foreign sources, particularly China, and to strengthen the country’s position in clean energy. The report shared […] Read more
As Sales Peak EPA Finalises New Pollution Standards For EVs In US Updated On Thu, Mar 21st, 2024 by Saurenergy Biden-Harris Administration has finalised pollution standards for cars that position US companies and workers to lead towards a clean vehicle future, protect public health, address the climate crisis, and save drivers money. EPA has finalised this rule as sales of clean vehicles, including plug-in hybrid and fully electric vehicles, hit record highs last year. The […] Read more
Arevon Inks Deal With San Diego Community Power For Avocet Energy Storage Updated On Wed, Mar 20th, 2024 by Saurenergy US-based renewable energy developer Arevon Energy has announced it has entered into a 15-year energy storage service agreement with San Diego Community Power (SDCP), California’s second-largest community choice aggregator, for the full capacity of the Avocet Energy Storage Project. The project is a 200-megawatt (MW)/800 megawatt-hours (MWh) stand-alone battery energy storage system (BESS) located in […] Read more
Barclays, Lightsource bp Sign $140 Million Deal For Louisiana Solar Project Updated On Wed, Mar 20th, 2024 by Saurenergy Barclays and Lightsource bp have announced that they have committed to a $140 million tax equity deal which will finance the construction of the Prairie Ronde 180MWdc solar project in St. Landry Parish, Louisiana. According to a media statement by Lightsource bp, the deal is one of the first to be led by Barclays’ new […] Read more
Methane Emissions From Energy Sector Near Record High In 2023, Finds IEA Study Updated On Thu, Mar 14th, 2024 by Saurenergy Methane emissions from the energy sector remained near a record high in 2023 – but substantial policies and regulations announced in recent months, as well as fresh pledges stemming from the COP28 climate summit in Dubai, have the potential to put them into decline soon, according to new analysis from the International Energy Agency (IEA). […] Read more
US FERC Approves 810 MW Offshore Wind Project To Connect Into NYC Grid Updated On Thu, Mar 14th, 2024 by Saurenergy Equinor announced that the Federal Energy Regulatory Commission (FERC) in the US approved on March 1 the Large Generator Interconnection Agreement (LGIA) executed between the company’s Empire Wind 1 project, New York ISO (NYISO) and Consolidated Edison Company of New York. The announcement marks the first FERC approval for any offshore wind project to connect […] Read more
Primergy Secures PPA With Microsoft For 408 MW Solar Project In Texas Updated On Tue, Mar 12th, 2024 by Saurenergy US-based solar and storage project developer Primergy announced that it has closed commitments for $588 million in debt financing for the 408 MWac Ash Creek Solar project in Hill County, Texas. The company also signed a long-term power purchase agreement with Microsoft for the full capacity of the plant. “The successful completion of this financing […] Read more
Schneider Electric, ENGIE Enter Tax Credit Transfer Agreement Under IRA Updated On Thu, Feb 22nd, 2024 by Saurenergy Schneider Electric, a digital energy and automation manager company recently announced its investment in a portfolio of Texas-based clean energy projects. Through this, it utilized a Tax Credit Transfer Agreement (TCTA) for solar and battery storage systems developed, built, and operated by ENGIE North America (ENGIE). The contracted projects are expected to come online throughout […] Read more
GlobalFoundries, Biden Admin Announces $1.5 Bn Funding For CHIPS & Science Act Updated On Tue, Feb 20th, 2024 by Saurenergy The US Department of Commerce recently announced $1.5 billion in planned direct funding for GlobalFoundries (GF) as part of the US CHIPS and Science Act. GF claims to expand and create new manufacturing capacity through this investment. It estimates to expand it capabilities and securely produce more essential chips for automotive, IoT, aerospace, defense, and […] Read more