ReNew Power to be Publicly Listed on the Nasdaq, Valued at $8Bn Updated On Thu, Feb 25th, 2021 by Saurenergy Sumant Sinha led Renew Power Private Limited, the country’s leading renewable energy generator has started the process to achieve a listing at the NASDAQ market in the US via the SPAC (Special Purpose Acquisition Company) route. As of December 2020, ReNew had a total capacity of close to 10 GW of wind and solar power […] Read more
Wind, Solar Must Grow by 162 & 253 GW for Europe to Meet 2030 Emissions Target: WM Updated On Mon, Feb 22nd, 2021 by Saurenergy A new report details that for Europe to meet the 2030 emissions target, dramatic changes are needed including increased wind and solar installations A new report by Wood Mackenzie details that while the new 2030 emissions target of Europe of seeing a 55 percent reduction over 1990 levels has made it the undisputed global leader […] Read more
Greece’s Mytilineos Acquires 1.48 GW Solar Portfolio, 21 Battery Storage Projects Updated On Fri, Feb 19th, 2021 by Saurenergy Greece-based industrial conglomerate – Mytilineos has announced it has completed the acquisition of a portfolio of 20 solar farms in progress with a total capacity of 1.48 GW, owned by Egnatia Group, as part of its strategic planning for a significant expansion in Renewable Energy Sources (RES), both in Greece and abroad. The entire portfolio […] Read more
Coal Power may Have Already Passed its Peak, if India Delivers its RE Targets Updated On Wed, Feb 17th, 2021 by Saurenergy An analysis by energy think tank Ember has revealed that coal power has continued to decline in India since reaching a peak in 2018. An analysis by energy think tank Ember has revealed that India’s coal power has continued to decline since reaching a peak in 2018. Coal-fired electricity generation in India fell 5 percent […] Read more
Iberdrola Planning 300 MW Floating Offshore Wind Farm in Spain Updated On Wed, Feb 17th, 2021 by Saurenergy Iberdrola is planning what will be the first industrial-scale floating offshore wind farm in Spain, allocating more than EUR 1 billion. Iberdrola is planning what will be the first industrial-scale floating offshore wind farm in Spain, to which it would allocate more than EUR 1 billion of investment to commission 300 MW of clean energy […] Read more
Appalachian Power Seeks RE Projects With Option for Battery Storage Updated On Tue, Feb 16th, 2021 by Saurenergy Appalachian Power today issued a Request for Proposals (RFPs) for up to 300 megawatts (MWs) of solar and/or wind generation resources. The request for bids is the first in a series of RFPs Appalachian Power will issue this year to comply with provisions of the Virginia Clean Economy Act (VCEA). Under the VCEA, Appalachian Power […] Read more
Plus Power to Build Two Mega Battery Power Plants in New England Updated On Tue, Feb 16th, 2021 by Saurenergy Battery storage system provider, San Fransisco based Plus Power has won the two biggest bids in the latest capacity auction held by the New England’s International Organization for Standardization (ISO). England ISO operates the transmission grid and competitive power markets in six Northeastern states. Plus Power focuses on standalone battery energy storage systems that foster […] Read more
Azure Power Post Q3 FY21 Results, Records net Loss of Rs 109 Crore Updated On Thu, Feb 11th, 2021 by Saurenergy Azure Power has announced its consolidated results for fiscal Q3 of 2021, reporting a net loss for the quarter of Rs 108.8 crore. Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal third quarter (Q3) of 2021, […] Read more
IFC to Support India’s Continuum in First Green Bond Offering in Singapore Updated On Thu, Feb 11th, 2021 by Saurenergy IFC has subscribed to 10 percent of Continuum Green Energy’s first green bond, which listed on the Singapore stock exchange on February 10. One of India’s leading renewable energy developers has tapped the International Finance Corporation (IFC) to anchor its first green bond, helping the country achieve its ambitions to reduce greenhouse gas emissions and […] Read more
