Masdar, Azerbaijan’s SOCAR Sign Deal to Develop 4 GW Renewable Energy Projects Updated On Wed, Jan 18th, 2023 by Saurenergy Expanding its already established-role in Central Asia, UAE flagship company developing renewable energy, Masdar has announced new deal with the State Oil Company of the Republic of Azerbaijan (SOCAR) to develop onshore wind and solar projects. Masdar will also develop integrated offshore wind and green hydrogen projects. The total combined capacity of projects has been […] Read more
Solar Tech Startup Loom Solar Raises $2 Mn Funding from SIMA Funds, USA Updated On Wed, Jan 18th, 2023 by Saurenergy Emerging start-up in solar tech Loom Solar has raised $2 Million funding from US-based Social Investment Managers and Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others. The start-up that looks into the manufacturing of bi-facial solar panels and lithium battery, is headquartered in […] Read more
European Solar Residential Market Poised for Over 9% CAGR Updated On Tue, Jan 17th, 2023 by Saurenergy A recent report that delves into the residential solar market of Europe, titled, “European Residential Solar Market: Analysis By Accumulated Installation, By Accumulated Capacity, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027″ predicts that it set for growth of 9.60% CAGR. The estimates have been made for a period […] Read more
Denmark’s Ørsted to Develop Mockingbird Solar Center in Texas Updated On Mon, Jan 16th, 2023 by Saurenergy Global clean energy company based in Denmark, Ørsted has said that it has taken a final investment decision (FID) on 471 MW Mockingbird Solar Centre, a solar power plant, in the Texas, the USA. The decision also includes the donation of 1,000 acres of tall grass prairie for the purpose of conservation. The Solar Projects […] Read more
Engie Acquires 1,250 MW Solar & Storage Projects in US from Revolve Renewable Power Updated On Fri, Jan 13th, 2023 by Saurenergy Engie has acquired the 250 MW Parker Solar and Storage Project, and the 1,000 MW Bouse Solar and Storage Project from Revolve Renewable Power. The announcement has been made by Revolve Renewable Power and the projects have been sold to Engie IR Holdings LLC that is a wholly owned subsidiary of Engie. The two companies […] Read more
Finland’s Wind Energy Saw 75% Surge in 2022 Updated On Fri, Jan 13th, 2023 by Saurenergy As per the Finnish Wind Energy Association (FWPA), the wind power capacity of Finland witnessed a 75% surge in 2022. Of this, nearly half of it was owned by Finland domestically. “Wind power is now increasing our country’s energy self-sufficiency at a really good pace – just when new and affordable electricity production is most […] Read more
NY’s Verizon Communications Crosses 3 GW Projected Renewable Energy Capacity Updated On Fri, Jan 13th, 2023 by Saurenergy New York-headquartered Verizon Communications has announced that it has signed four new long-term renewable energy purchase agreements (REPAs) for an aggregate of up to 410 MW of renewable energy capacity. The official statement of Verizon held that with four new agreements, Verizon has surpassed 3 GW of total projected renewable energy capacity, as it continues […] Read more
EDF Renewables, Luminous Energy to Build 800 MW Solar Project in UK Updated On Wed, Jan 11th, 2023 by Saurenergy EDF Renewables and Luminous Energy have announced their plans for the development of a solar power farm coupled with battery based energy storage infrastructure in the east Midlands region of the United Kingdom. The two companies will also undertake a public consultation process before the execution. EDF Renewables is a wholly-owned subsidiary of French utility […] Read more
Atlas Renewable Energy Gets $210 million For 438 MW Solar Project in Brazil Updated On Wed, Jan 11th, 2023 by Saurenergy Global renewable player Atlas Renewable Energy has secured a loan of $210 million from Brazil’s Banco Nacional de Desenvolvimento Econômico e Social (BNDES) to finance its Boa Sorte solar project which is of 438 MW in capacity. Atlas said that this marks the first time that BNDES has executed a US dollar-indexed loan to a […] Read more
