Enel Group Releases Financial Results; Q1 2021 Unprofitable Updated On Mon, May 10th, 2021 by Saurenergy Enel Group, Italian multinational manufacturer and distributor of electricity and gas, has released the financial results of the first quarter of 2021. The company reports an 8.8% increase in investments and confirmation of yearly targets, among other data, but the quarter has not proved profitable for it. Revenues earned in this quarter were 17,107 million euros, […] Read more
AEP Energy and GEG Signs PPA For 1.65 GW Solar Project Updated On Thu, May 6th, 2021 by Saurenergy US based electric energy supplier and a subsidiary of American Electric Power, AEP Energy has signed a Power Purchase Agreement (PPA) with Global Energy Generation LLC, a developer of renewable energy projects in the Midwest and Mid-Atlantic regions. The PPA has been signed for a 1.65 gigawatt (GW) Mammoth Solar 1 project in Indiana. What […] Read more
US Solar PV Project Order Worth Rs 890 Crore for Sterling and Wilson Updated On Wed, Mar 31st, 2021 by Saurenergy Sterling and Wilson Solar Solutions, the US subsidiary of SWSL has signed a solar project order worth ~ Rs 890 crore in the US Sterling and Wilson Solar Solutions (SWSS), the US subsidiary of Sterling and Wilson Solar Limited (SWSL) has announced that it has signed an order worth USD 121.7 million (~ Rs 890 […] Read more
Biden Administration Jump-starts Offshore Wind Energy Projects Updated On Tue, Mar 30th, 2021 by Saurenergy The Biden Administration has announced a set of bold actions that it believes will catalyse the offshore wind energy sector in the US, strengthen their domestic supply chain, and create good-paying, union jobs. As per the White House briefing, National Climate Advisor Gina McCarthy, Interior Secretary Deb Haaland, Energy Secretary Jennifer Granholm, Commerce Secretary Gina […] Read more
Axial begins the supply and installation of 150MW of its AxialTrack Updated On Wed, Mar 3rd, 2021 by Saurenergy The company is kicking-off 2021 by carrying out an ambitious project that underlines its AxialTracker with Blocking System’s status as a safe and reliable solar tracking system. Axial has begun the supply and installation of its AxialTracker 2V system as part of a 150 MW project based in the Andalusian province of Granada in southern […] Read more
Hydrogen Rolling With $300 Billion Commitment To Projects by 2030 Updated On Mon, Feb 22nd, 2021 by Saurenergy The Hydrogen Council, a global CEO-led initiative of 92 leading energy, transport, industry, and investment companies with a vision to develop the hydrogen economy has released a report titled, ‘Hydrogen Insights 2021: A Perspective on Hydrogen Investment, Deployment, and Cost Competitiveness’. The report, made by Mckinsey and Co, highlights the rapid acceleration of hydrogen projects […] Read more
Sterling and Wilson Solar Adds to Order Book With 930 Cr Egypt Order Updated On Wed, Feb 17th, 2021 by Saurenergy Leading Solar EPC firm Sterling and Wilson Solar has bagged an order worth Rs 930 crore in Egypt. The order worth USD 127.5 million (Rs 930 crore) in the Kom Ombo region of Egypt, is likely to be the 200 MW bid won by Saudi Arabia’s ACWA power in 2018, with the original project deadline […] Read more
Longroad Picks up 900 MW Solar Plus 1-2 GWh Storage Portfolio From First Solar Updated On Tue, Feb 16th, 2021 by Saurenergy Longroad Energy will acquire Sun Streams 2, 4, and 5, worth 900 MW dc plus the potential for 1-2 GWh of storage projects from First Solar Longroad Energy, a US-based renewable energy developer, owner, and operator has announced the signing of the acquisition of Sun Streams 2, 4, and 5, which total approximately 900 MWdc in […] Read more
Pandemic Wiped out 429,000 Clean Energy Jobs in USA in 2020: Report Updated On Thu, Jan 14th, 2021 by Saurenergy Due to the hard-hitting impacts of the pandemic, the US clean energy industry finished 2020 with its fewest number of workers/ jobs since 2015. Due to the hard-hitting impacts of the COVID-19 pandemic, the clean energy industry finished 2020 with its fewest number of workers since 2015. It also marked the first year clean energy […] Read more