Apollo Invests $175 Million in Summit Ridge Energy For Community Solar Projects Updated On Thu, Jul 14th, 2022 by Saurenergy Global conglomerate Apollo Global Management has revealed that it will be making an investment worth $175 million in Summit Ridge Energy, a leading owner-operator of community solar assets. Since it came into being in 2017, Summit Ridge has formed two joint ventures totaling more than $1 billion in permanent project capital. It has also expanded […] Read more
Two-thirds Of New Renewable Power In 2021 Cheaper Than Cheapest Coal In G20: IRENA Updated On Thu, Jul 14th, 2022 by Saurenergy Renewable Power Generation Costs in 2021, published by the International Renewable Energy Agency (IRENA) has stated that almost two-thirds or 163 gigawatts (GW) of newly installed renewable power in 2021 was cheaper than the world’s cheapest power plants, the source of which was coal, in the G20 countries. According to IRENA, the renewable power added […] Read more
Wartsila Will Supply Energy Storage To One Of The World’s Largest Solar Plus Storage Project Updated On Wed, Jul 13th, 2022 by Saurenergy Wartsila, a Finland-based technology company, has signed a contract with Clearway Energy Group. Under this contract, Wartsila will provide energy storage devices totaling a 500-megawatt (MWac) / 2-gigawatt hour (GWh) portfolio. The contract encompasses five sites in California and Hawaii and represent one of the largest solar-plus-storage project portfolios in the world. According to Wartsila, […] Read more
Japan Will Include India Into AETI To Help Achieve Green Energy Transition Updated On Wed, Jul 13th, 2022 by Saurenergy While it mourns the assassination of Japan’s former Prime Minister Shinzo Abe last week, Japan is looking to aid India to shift to clean energy by expanding a programme it launched in 2021 for Southeast Asian nations, Industry Minister Koichi Hagiuda said recently. Although India was not initially included in the Japan’s ‘Asia Energy Transition […] Read more
Charge Zone Debuts Renewable Energy To Power EV Charging Stations Updated On Tue, Jul 12th, 2022 by Saurenergy Charge Zone, a Gujarat-based provider of electric vehicle charging infrastructure, unveiled its ambitions to use renewable energy to power its high-speed charging network for electric buses and commercial cars across India. As per the company, its goal behind this motive is to achieve Net-Zero and to give clients more sustainable charging options across India. As […] Read more
Analysing The Landscape For Energy Transition In LatAm Region Updated On Tue, Jul 12th, 2022 by Saurenergy AMI (Americas Market Intelligence) Energy Practice has recently published a report shedding light on the untapped opportunities, challenges, investment potential in energy transition in the Latin America region. The findings of the report are as under. Lucrative Market For Operators & Investors In Suriname David Abiamofo, Minister of Natural Resources of the Republic of Suriname, […] Read more
Sindh’s 500 MW Floating Solar Plant, National Solar Energy Policy For Pakistan on August 1 Updated On Tue, Jul 12th, 2022 by Saurenergy In an impetus to renewable energy in the country, the Sindh government has revealed its ambition to set up Pakistan ‘s first floating solar power plant. The plant will boast of a 500MW generation capacity and will be established at Keenjhar Lake. The project will cost $400 million. The Provincial Minister of Sindh for Energy, […] Read more
In a First For the US, Wind And Solar Energy Generate More Power Than Nuclear Updated On Mon, Jul 11th, 2022 by Saurenergy Data from SUN DAY Campaign analysis of the Energy Information Administration (EIA) has revealed that the wind and solar energy sources produced 17.96 per cent more power than nuclear power plants in the USA. It is for the first time that the United States produced more solar and wind energy than nuclear in the country’s […] Read more
NTPC Plans to Raise Rs 5000 Crore From Sale In Renewable Firm Continues On Track Updated On Mon, Jul 11th, 2022 by Saurenergy State-owned National Thermal Power Corporation (NTPC) plans for a stake sale in its green arm in October this year seem to be moving on schedule. The power giant plans to raise upto Rs 5,000 crore through a stake sale while retaining control over the firm. The power major has begun to collect inputs from sovereign […] Read more
