Masdar, PT PJBI Form JV to Drive Development of Indonesia’s 1st Floating Solar Plant Updated On Sat, Dec 19th, 2020 by Saurenergy Masdar, one of the world’s leading renewable energy companies, and PT PJBI, a subsidiary of Indonesia’s state electricity company PT PLN (Persero), today announced the formation of a joint venture to drive the development of the Cirata Floating Photovoltaic Power Plant – Indonesia’s first floating PV project. The new company, PT. Pembangkitan Jawa Bali Masdar Solar Energi (PMSE), was […] Read more
Broad Reach Power Acquires Montana Wind and Solar Projects Updated On Sat, Dec 19th, 2020 by Saurenergy Broad Reach Power (“Broad Reach”), an independent power producer (IPP) based in Houston which owns a five-gigawatt portfolio of utility scale solar and energy storage power projects in Montana, California, Wyoming, Utah and Texas, announced today that it has acquired a 250-megawatt (MW) wind project and a 250-MW solar project, both located in Montana. “I am […] Read more
Xcel Energy Brings Up 522-MW Wind Plant in New Mexico Updated On Fri, Dec 18th, 2020 by Saurenergy The U.S. based Xcel Energy Inc. has built the 522-MW Sagamore Wind Plant, switching on its 240 turbines in the state of New Mexico. As the company says, more than USD 900 million has been invested in the wind plant which will be operational before the end of December 2020. Enlighting on the project, David […] Read more
South Asia Should Prioritise Sustainable Energy to Accelerate Economic Recovery: SEforALL Updated On Fri, Dec 18th, 2020 by Saurenergy A new guide from SEforALL shows that countries in South Asia should strengthen sustainable energy policies & finance to accelerate their economic recovery As 2020 comes to an end and the world continues to face ongoing challenges from the COVID-19 pandemic, a new guide from Sustainable Energy for All (SEforALL) shows that countries in South […] Read more
Ayana Renewable Scoops Up $390 Million In Fresh Funding Updated On Fri, Dec 18th, 2020 by Saurenergy CDC and Eversource Capital-backed Ayana Renewable has announced additional funding of $390 million from its key backers. Ayana Renewable Power, the CDC and Eversource Capital (through Green Growth Equity Fund) backed renewable energy firm, has announced additional funding of $390 million (Rs 2,200 crore)from its key backers. The big change will be the investment from […] Read more
Demand for Hydrogen in India can Grow 5-Fold by 2050: TERI Updated On Thu, Dec 17th, 2020 by Saurenergy A new report by The Energy and Resources Institute (TERI) suggests that the demand for hydrogen in India can grow 5-fold by 2050. The demand for hydrogen in India can grow five-fold by 2050. Further, by 2030, the costs of “green hydrogen” from renewables will fall more than 50 percent and start to compete with […] Read more
Cordelio Power Acquires 150 MW Solar Development Project in Missouri Updated On Wed, Dec 16th, 2020 by Saurenergy Cordelio Power (“Cordelio”) is pleased to announce the acquisition of a 150 MW solar project (“Winfield”) under development in Lincoln County, Missouri. Cordelio acquired the Winfield project from a joint venture between Dakota Power Partners, LLC (“Dakota”) and MAP Energy (“MAP”), the original developers of the project. Dakota will initially provide transition development services for the project, […] Read more
MoU Signed Between Banks and BEE for Power Efficiency Projects Updated On Wed, Dec 16th, 2020 by Saurenergy APSECM will enter into an MoU with the BEE for facilitating the financing of energy-efficiency projects in the state under PRGFEE scheme. Andhra Energy Secretary Srikant Nagulapalli said that the committee of financial institutions, empanelled by AP State Energy Conservation Mission (APSECM), will enter into a memorandum of understanding (MoU) with the Bureau of Energy Efficiency (BEE) for […] Read more
US Market On Course For 19 GW Solar Additions in 2020 Updated On Wed, Dec 16th, 2020 by Saurenergy A report brought out by Wood Mackenzie (Woodmac), a research firm, and the Solar Energy Industries Association (SEIA) in the US states that the country is on course for adding 19 GW of solar during 2020. That would be a creditable achievement, considering the worst of the Covid pandemic still continues to run through the […] Read more
