Latest UK Seabed Leasing Risks Raising Costs of Offshore Wind: WindEurope Updated On Wed, Feb 10th, 2021 by Saurenergy On February 8, 2021, the Crown Estate announced the results of its Round 4 seabed leasing for offshore wind in the UK. The Offshore Wind Lease Round 4 allocated areas for developing nearly 8 GW of capacity. This is too little new capacity considering the huge ambitions the UK Government has to quadruple its offshore […] Read more
Continuum Wind Energy Raises USD 560 Million In Green Bond Sale Updated On Wed, Feb 3rd, 2021 by Saurenergy Continuum Wind Energy, a Morgan Stanley-controlled company is in international markets with a USD 560 million dollar-denominated green bond issue, according to two merchant banking sources. Continuum Green Energy is an India focused renewable energy group founded in June 2009. It has a current portfolio of about 2 GW out of which 757.4 MW are […] Read more
NIPSCO Announces Completion of its First Two Wind Projects Updated On Tue, Feb 2nd, 2021 by Saurenergy Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), today announced that its first two Indiana-based wind projects – Rosewater Wind and Jordan Creek Wind – are online and operating, producing more cost-effective, cleaner energy for its customers across Indiana. “We are excited to welcome these wind assets to our generating portfolio,” said Mike Hooper, NIPSCO […] Read more
Budget 2021 Reactions. Industry Welcomes Broad Direction, Hopes For Specifics Updated On Tue, Feb 2nd, 2021 by Saurenergy The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […] Read more
EDF-R Announces Commercial Operations at Desert Harvest 1 & 2 Solar Projects Updated On Sat, Jan 30th, 2021 by Saurenergy EDF Renewables North America today announced the completion and commercial operation of the Desert Harvest 1 (114 MWdc) and Desert Harvest 2 (100 MWdc) Solar Projects. Desert Harvest 1 provides electricity to MCE under a 20-year Power Purchase Agreement (PPA), while Desert Harvest 2 supplies energy and renewable attributes to Southern California Public Power Authority (SCPPA) under a 25-year Renewable […] Read more
Lightsource bp Signs Power Contract With Verizon for 152.5 Megawatt Solar Farm in Indiana Updated On Fri, Jan 29th, 2021 by Saurenergy Lightsource bp today announced that it has entered into a virtual power purchase agreement (VPPA) with Verizon Communications Inc. that will enable construction of a new 152.5 megawatt ac solar farm in Indiana, furthering Verizon’s goal of being carbon neutral in its operations (scope 1 and 2) by 2035. The Bellflower solar farm, located about […] Read more
Nexamp Community Solar Adds Another Multi-Project Commercial Subscriber Updated On Fri, Jan 29th, 2021 by Saurenergy Rochester Regional Health has taken a significant step toward achieving its goal of sourcing all of its electricity through renewable sources by 2025. The organization is combining community solar from Nexamp with its own on-site solar, energy efficiency measures and other initiatives to reduce its carbon footprint. The health system is expected to save more […] Read more
Tata Power Solar Confirms Rs 460 Crore Project Award From GSECL Updated On Fri, Jan 29th, 2021 by Saurenergy Tata Power Solar has received an LoA to build a 95 MW solar project for GSECL, the order value of the project is approximately Rs 460 crores. Tata Power Solar, one of India’s largest integrated solar companies and a wholly-owned subsidiary of Tata Power, has announced that it has received a Letter of Award (LoA) […] Read more
AES Commissions Alamitos Energy Storage Facility in Long Beach, California Updated On Thu, Jan 28th, 2021 by Saurenergy Fluence Battery Storage System Will Increase the Delivery of Reliable, Sustainable Energy for Southern California Customers The AES Corporation has commenced operations of the Alamitos battery energy storage system (BESS), one of the world’s largest battery storage systems in operation today. The BESS, a stand-alone energy storage facility for local capacity, will provide up to 400 […] Read more