Leeward Renewable Energy Completes Repowering of Sweetwater 3 Wind Farm Updated On Wed, Nov 25th, 2020 by Saurenergy Leeward Renewable Energy, has announced the successful completion, in late September, of the repowering and final financial close of its Sweetwater 3 Wind Farm (“Sweetwater 3”) in Nolan County, Texas. Leeward procured the wind turbine equipment from GE Renewable Energy, which also provided construction services and is providing operations and maintenance services for the project. […] Read more
Vesper Energy Secures Letter of Credit Facility for up to $100 Million Updated On Tue, Nov 24th, 2020 by Saurenergy New Financing Will Fast-Track the Development of Its 3 GW Solar, 2.5 GWh Energy Storage North American Project Pipeline Vesper Energy – a leading developer, owner and operator of utility-scale renewable energy assets – announced it closed a new letter of credit (LC) facility with Macquarie Group (“Macquarie”) for up to $100 million. The LC […] Read more
Metal Packaging Major Crown Now Running All US, Canadian Plants On Renewable Energy Updated On Mon, Nov 23rd, 2020 by Saurenergy Global meta packaging specialist, Crown Holdings is now operating all 14 of its beverage can plants in the US and Canada on renewable energy. With operations in 47 countries employing over 33,000 people and net sales of $11.7 billion, Crown’s shift will have a considerable positive impact on the carbon footprint of products it supplies […] Read more
REPORT: Energy Efficiency Led US Energy Job Growth in 2019 and is a Best Bet to Lead Sector’s Recovery in 2021 Updated On Sat, Nov 21st, 2020 by Saurenergy Energy efficiency — which led U.S. energy-sector job growth in 2019, growing to employ nearly 2.4 million Americans before the pandemic-fueled crisis — is a best bet to drive the energy sector’s recovery in 2021, according to a new analysis released today by E4TheFuture and the national, nonpartisan business group E2 (Environmental Entrepreneurs). Energy efficiency employed 28% of all […] Read more
Rising Market Cap Fuels Acquisition Ambitions For US Renewable Energy Firms Updated On Tue, Nov 10th, 2020 by Saurenergy Early in October this year, NextEra Energy, a renewable energy firm with almost 18 GW of solar and wind plants till last year, overtook Exxon Mobil in market cap for the first time ever. The event marked both the rising tide for renewable energy firms seen as leading the new energy transition, and the mark […] Read more
Adani Green Energy Increases Income but net Profit Drops 82% in Q2 Updated On Fri, Nov 6th, 2020 by Saurenergy Adani Green Energy while reporting a slight increase in its total income has also reported a decline of over 82% in its consolidated net profit for Q2 2020. Adani Green Energy has reported its financial results for the second quarter (Q2) of the financial year after its Board of Directors approved the results. The firm […] Read more
Grid Optimisation: a ‘no regret option’ to Allow More Renewable Energy Updated On Thu, Nov 5th, 2020 by Saurenergy The expansion of wind energy continues despite COVID-19. And that requires the continued expansion of electricity grids. It also requires us to optimise and reinforce existing grids. In a new paper, WindEurope shows how available and proven technologies can optimise Europe’s existing grid infrastructure, and how this can help accommodate higher shares of renewables in […] Read more
IRENA Council Meets as Agency Renews Call for Recovery Built around Energy Transformation Updated On Wed, Nov 4th, 2020 by Saurenergy Representatives from across the world will participate in the 19th and 20th Council of the International Renewable Energy Agency (IRENA) this week, amid a backdrop of renewed calls from the Agency to build the post-Covid economic recovery around the energy transformation. Burkina Faso Energy Minister H.E. Bachir Ismael Ouedraogo, will serve as Chair for the […] Read more
Metropolitan to Optimize Solar Energy With Battery Storage Systems Updated On Mon, Oct 19th, 2020 by Saurenergy The Metropolitan Water District of Southern California is preparing to build four new battery energy storage systems that will boost the district’s energy resilience and cut operational costs by optimizing solar power and reducing peak load at its facilities. The agency’s board of directors Tuesday voted to authorize $2.2 million to design the battery systems […] Read more
