Engie Acquires Renvico and its 329 MW Wind Portfolio From MIRA Updated On Fri, Dec 6th, 2019 by Saurenergy Engie has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), and the 329 MW wind portfolio that Renvico owns and operates Engie has announced that it has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), via Macquarie European Infrastructure Fund 4, and from KKR with its co-investors. The onshore wind installed capacity of the […] Read more
US Storage Industry to Build on Strong Third Quarter: Report Updated On Thu, Dec 5th, 2019 by Saurenergy The US energy storage sector had its strongest third quarter on record and a new analysis by WoodMac predicts a 12x growth in MW-terms between now and 2024. The United States energy storage sector had its strongest third quarter on record this year, deploying 100.7 megawatts (MW) and 264.6 megawatt-hours (MWh) of storage, and a […] Read more
BlackRock Achieves $1 bn Record 1st Close for its Global Renewables Fund Updated On Thu, Dec 5th, 2019 by Saurenergy BlackRock has achieved a USD 1 billion first close for its GRP III renewables fund with commitments from 35 investors in North America, Europe and Asia. BlackRock Real Assets has announced that it has achieved a USD 1 billion first close for its Global Renewables Power III fund (GRP III) with commitments from over 35 […] Read more
Covestro Signs World’s Largest Corporate PPA for Offshore Wind Power Updated On Thu, Dec 5th, 2019 by Saurenergy Covestro has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind turbines with Ørsted. German firm Covestro, which produces specialty chemicals for heat insulation foams and transparent polycarbonate plastics, has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind […] Read more
Punjab to Collaborate With WEF on Electric Mobility Updated On Thu, Dec 5th, 2019 by Saurenergy The State Government of Punjab has partnered with WEF to design a public-private pilot project on shared, clean and electric mobility. To combat the growing problem of environmental pollution, the Punjab government has partnered with the World Economic Forum (WEF) to design a public-private pilot project on shared, clean and electric mobility. The state, which is also […] Read more
Nordex Wins 138 MW Wind Turbine Order in Mexico Updated On Wed, Dec 4th, 2019 by Saurenergy The Nordex Group has announced that it has received an order to supply and install 42 wind turbines with a combined rated output of 138 MW in Mexico The Nordex Group has announced that it has received an order to supply and install a total of 40 AW132/3300 and two AW132/3000 wind turbines with a […] Read more
India’s Installed Wind Capacity Crosses 37 GW, Tamil Nadu Well Ahead of Rest Updated On Wed, Dec 4th, 2019 by Saurenergy India’s installed wind energy capacity has surpassed the 37 GW mark, Union Power Minister RK Singh has informed. India’s installed wind energy capacity has surpassed the 31 GW mark with nearly 37090 MW of capacity installed in the country as of October 31, 2019. The information was provided by RK Singh, Union Minister of State […] Read more
Japanese Offshore Wind Growth Matched by Foreign Interest Updated On Wed, Dec 4th, 2019 by Saurenergy Japan has been witnessing an upsurge in the number of companies showing interest in its fledgling offshore wind sector, according to new research. GlobalData’s research reveals that the Japanese offshore wind market presently stands at a minuscule 68 megawatt (MW). However, 770 MW of capacity is in the pipeline across four projects, all of which […] Read more
Nokia to Transform Finland’s Smart Grid to Realise Renewables Potential Updated On Tue, Dec 3rd, 2019 by Saurenergy Nokia has been selected to build an IP/MPLS network to support the digital transformation of Finland’s national electrical grid. Nokia has announced that it has been selected by Fingrid, Finland‘s national transmission system operator, to build an IP/MPLS network to support the digital transformation of its national electrical grid. Fingrid will use the network to […] Read more