LS Power Acquires 25 Facilities, Expands Solar Portfolio to 467 MW Updated On Fri, May 7th, 2021 by Saurenergy A North American development, investment, and operating company, LS Power has announced that it has entered the clean energy platform by acquiring 25 solar power facilities from Public Service Enterprise Group Incorporated (PSEG). LS has taken its portfolio to 467 MW of solar capacity. The solar facilities are being acquired by LS Power affiliate, Quattro […] Read more
NTPC Renewable Energy Signs PPA to Sell Power From its 150 MW Solar Project Updated On Fri, May 7th, 2021 by Saurenergy NTPC Renewable Energy has entered into a PPA with GUVNL to sell power from its 150 MW solar project. NTPC Limited has announced that its wholly-owned renewable energy subsidiary NTPC Renewable Energy has entered into a power purchase agreement (PPA) with the Gujarat Urja Vikas Nigam Ltd (GUVNL) to sell power generated from its 150 MW solar […] Read more
ARENA Allocates Over $100 mn for Australia’s 1st Large-scale H2 Plants Updated On Thu, May 6th, 2021 by Saurenergy The Australian Renewable Energy Agency (ARENA), on behalf of the Australian Government, announced yesterday its conditional approval of $103.3 million towards three commercial-scale renewable hydrogen projects, as part of its Renewable Hydrogen Deployment Funding Round. The three successful projects are: 1. Engie Renewables Australia Pty Ltd (Engie), which will receive $42.5 million towards a 10 MW […] Read more
IHS Renewables Markets Attractiveness 2020 Rankings: US #1; India #6 Updated On Thu, May 6th, 2021 by Saurenergy London-based American-British information provider IHS Markit Ltd has released the results of another Global Renewables Markets Attractiveness Rankings for the period ending December 2020, which tracks the world’s countries’ attractiveness for investment for non-hydro renewables (offshore wind, onshore wind and solar PV). As the Biden Administration aims to significantly increase federal investment in renewable energy under […] Read more
Greenbacker Renewable Energy Company LLC Acquires Solar Project Totaling 80 MWac Updated On Thu, May 6th, 2021 by Saurenergy Greenbacker Renewable Energy Company LLC (“GREC”) announced today that, through a wholly-owned subsidiary, it purchased an 80 MWac pre-operational solar project from Broad Reach Power (“BRP”). The project, MTSun Solar LLC, is currently under development in Yellowstone County, Montana, with an expected commercial operation date of July 2022. It has a long-term Power Purchase Agreement […] Read more
StoreDot Joins Pioneering Research Mission on ISS to Test Extreme Fast Charging in Space Updated On Thu, May 6th, 2021 by Saurenergy StoreDot, the pioneer of extreme fast charging (XFC) battery technology for electric vehicles (EVs), today announces that together with the Israeli Electric Company (IEC) it has been approved by NASA to conduct the first space-based research and development program into new battery materials. As part of the Israel Space Agency and The Ramon Foundation’s pioneering […] Read more
EDF Renewables NA Bags Three Solar Contracts From NYSERDA Updated On Thu, May 6th, 2021 by Saurenergy San Diego-headquartered independent power producer EDF Renewables North America announced yesterday that the company was awarded long-term contracts for three solar projects by New York State Energy Research and Development Authority (NYSERDA) as part of the 2020 Renewable Energy Standard Solicitation. Combined, the projects are expected to deliver a total of 303 MW of clean […] Read more
Equinor Acquires Polish RE Firm Wento With 1.6 GW Solar Portfolio Updated On Thu, May 6th, 2021 by Saurenergy Equinor will buy 100 percent of the shares in Polish onshore renewables developer Wento from the private equity firm Enterprise Investors Equinor has completed an agreement to buy 100 percent of the shares in Polish onshore renewables developer Wento from the private equity firm Enterprise Investors for EUR 91 million in enterprise value, before customary […] Read more
Adani Green Energy Posts 136% Increase in Cash Profit for FY21 Updated On Thu, May 6th, 2021 by Saurenergy Adani Green Energy, a part of the Adani Group, has announced its financial results for the quarter and financial year ended March 31, 2021. The company has reported strong numbers across its value chain including cash profit and awarded capacity in national tenders. Financial Performance: The firm reported that revenue from Power Supply in FY21 […] Read more
