UK Charts Course for Net Zero North Sea: WoodMac Updated On Fri, May 7th, 2021 by Saurenergy Ambitious transition deal sets tough targets as UKCS players face tricky balancing act The UK government and the country’s oil and gas sector recently agreed a deal to leverage the upstream industry’s capabilities, accelerate the energy transition and help the North Sea reach net zero by 2050. A significant opportunity exists to create a supply […] Read more
IEX: 90% YoY growth in electricity market; 7707 MU trade in April 2021 Updated On Fri, May 7th, 2021 by Saurenergy Great news has come from the electricity market at the Indian Energy Exchange as it began the new fiscal year 2022 with 7707 MU volume in April 2021, achieving a 90.2 per cent year-on-year growth, much like its notable performance in the last fiscal year. Considering the power demand data published by the National Load Dispatch […] Read more
Atlas Secures Finance for 359 MW Solar Project in Brazil Updated On Fri, May 7th, 2021 by Saurenergy Atlas Renewable Energy, a leading renewable energy company in the Americas, announced today that it has obtained a USD 150 million loan from IDB Invest, a member of IDB Group, and from DNB Bank ASA (the largest financial services group in Norway) to finance the construction of its Lar do Sol – Casablanca project, a 359MWp solar project to be […] Read more
Vestas Wins 212 MW Order in Brazil, Surpasses 5 GW in Order Intake of 4.2 MW Turbines in the Country Updated On Fri, May 7th, 2021 by Saurenergy Vestas has signed a new agreement with Omega Energia for the 212 MW Assuruá 4 project, located in the cities of Gentio do Ouro and Xique-Xique, in Bahia. The order includes 47 V150-4.2 MW wind turbines delivered in 4.5 MW Power Optimised Mode as well as a 10-year Active Output Management 5000 (AOM 5000) service […] 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
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
‘Roadmap 2030’ : New India-UK Partnership Against Climate Change Updated On Thu, May 6th, 2021 by Saurenergy At the India-UK Virtual Summit (Roadmap 2030 for a Comprehensive Strategic Partnership) held on Tuesday, Prime Minister Narendra Modi and the British Prime Minister Boris Johnson signed off on a new shared roadmap which will pave the way for a stronger engagement over the next decade in the key areas of people to people contacts, trade […] Read more
BLM Approves $550 Million Crimson Solar Project in California Desert Updated On Thu, May 6th, 2021 by Saurenergy The United States Interior Department has announced that the Bureau of Land Management (BLM) has given final approval to a Crimson solar energy project on public lands in the California desert. The Crimson Solar Project is capable of delivering enough power to energize approximately 87,500 homes, it has an estimated investment of USD 550 million. […] Read more
