Scout Clean Energy Sells 199 MW Oklahoma Wind Farm to Evergy Updated On Tue, May 23rd, 2023 by Saurenergy Colorado-based renewable energy developer-owner-operator Scout Clean Energy has announced that it, along with its joint venture partner Elawan Energy sold the 199-megawatt (MW) Persimmon Creek Wind Farm to Evergy Inc. The wind energy farm lies in western Oklahoma. Michael Rucker, CEO and founder of Scout Clean Energy, said, “The Persimmon Creek Wind Farm has proven […] Read more
Waaree Renewables Doubles Q4 Net Profit; FY23 Net Profit Fivefold Updated On Tue, May 23rd, 2023 by Saurenergy Waaree Renewables Technology Ltd (WRTL) has announced its financial results for the last quarter and full year FY-2023. The company declared a consolidated net profit of Rs 12.3 crore in the March 2023 quarter marking an 81% increase year-on-year. Waaree also reported a revenue of Rs 351 crore in the full financial year 2023, which […] Read more
Spain Allows TotalEnergies To Develop 3-GW Solar Projects Updated On Mon, May 22nd, 2023 by Saurenergy The route for French energy conglomerate TotalEnergies to develop 3-GW of solar power projects has been smoothened in Spain. As per its announcement, TotalEnergies has obtained from the Spanish authorities (Ministry of Energy Transition and Autonomous Communities) a favourable Environmental Impact Assessment for an estimated 3 GW of installed capacity. Large-Scale Solar Projects This favourable […] Read more
Badeel, ACWA Power To Invest Over $3 billion For 4.5 GW Solar Projects In Saudi Arabia Updated On Mon, May 22nd, 2023 by Saurenergy Providing thrust to the new wave of solar power development in Saudi Arabia, the Water and Electricity Holding Company (Badeel) and ACWA Power have signed Power Purchase Agreements (PPAs) with the Saudi Power Procurement Company (SPPC) for the development and operation of three major new solar IPP projects. Badeel is fully owned by the Public […] Read more
ACWA to Invest $120 Million in Uzbekistan Renewables Afresh Updated On Sun, May 21st, 2023 by Saurenergy Saudi Arabia’s ace renewable energy developer ACWA Power has inked two key agreements at the EBRD 2023 Annual Meeting and Business Forum in Samarkand to advance Uzbekistan’s target to decarbonise 35% of its energy sector by 2030. In the first set of agreements with the chemicals company, Uzkimyosanoat of Uzbekistan, ACWA Power will decarbonise the […] Read more
Masdar Doubles Clean Energy Capacity in Just Two Years Updated On Fri, May 19th, 2023 by Saurenergy The UAE flagship renewable energy company Masdar has announced that it has almost doubled its clean energy capacity and CO2 displacement in a space of just two years. Masdar claims to be on track to become one of the world’s largest renewable energy companies by 2030. Masdar achieved a clean energy capacity of 20 GW […] Read more
Northland Power Secures Financial Close for 250 MW Oneida Energy Storage Project Updated On Fri, May 19th, 2023 by Saurenergy It looks like the energy storage infrastructure is burgeoning in Canada with many announcements being made this week. In the fresh case, Toronto-headquartered Northland Power has announced that its 250 MW Oneida Energy Storage Project in Southern Ontario has reached financial close. It has secured all the necessary financing. The total cost for the project […] Read more
Govt to Offer Subsidies to Build Ships that Employ Offshore Wind Projects Updated On Fri, May 19th, 2023 by Saurenergy The Indian government will now extend subsidies to build ships establishing offshore wind projects. It is a part of the shipbuilding subsidy scheme, which the government revised to include the manufacture of these vessels. The move comes even as the government finally announced a (draft) offshore wind policy and hopes to install the first projects […] Read more
Boralex To Deliver 380 MW Energy Storage To Canadian Operator Updated On Thu, May 18th, 2023 by Saurenergy Boralex has its two storage projects, totaling 380 MW of nameplate capacity, selected by the Ontario Independent Electricity System Operator (IESO) as part of its Expedited Long-Term Request for Proposals. Boralex and its partners are currently finalizing the terms of the contract with the IESO. Boralex is the leading awardee as its two projects represent […] Read more
