Facebook Green Energy Goals Speeding Transition in New Mexico: IEEFA Updated On Mon, May 18th, 2020 by Saurenergy Construction of a major Facebook data center in New Mexico has lifted the local economy and accelerated the state’s transition toward renewable electricity Construction of a major Facebook data center in Los Lunas, New Mexico, has lifted the local economy and accelerated the state’s transition toward renewable-powered electricity, concludes a report published recently by the Institute […] Read more
Mexican Govt Blames COVID-19 for Seizing Renewables Energy Updated On Mon, May 18th, 2020 by Saurenergy The Mexican government has cited the coronavirus pandemic as a justification for new rules that will reduce the role of renewable energy in the energy mix The Mexican government has cited the coronavirus pandemic as a justification for new rules that will reduce the role of renewable energy like solar and wind power, granting a […] Read more
Solis to Raise $100 M and Double Production Capacity to 20 GW Updated On Fri, May 15th, 2020 by Saurenergy Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million (~700 million Chinese Yuan), through a non-public offering to finance the expansion of […] Read more
Iberdrola Acquires 2 Wind Projects in Scotland for €190 Mn Updated On Fri, May 15th, 2020 by Saurenergy Iberdrola has purchased two onshore wind projects in Scotland, with a combined 165 MW capacity and which will involve an investment of around €190 million Spanish multinational electric utility Iberdrola has announced that it has finalised the purchase of two onshore wind projects in Scotland, with a combined 165-megawatt (MW) capacity and which will involve […] Read more
EDPR Wins Case to Resume Work on 100 MW Wind Project in Ontario Updated On Fri, May 15th, 2020 by Saurenergy EDPR has announced that the Ontario Superior Court of Justice has reinstated the Renewable Energy Approval (REA) for the firms’ 100 MW Nation Rise Wind Farm EDP Renewables (EDPR) Canada, a wholly-owned subsidiary of EDPR, has announced that the Ontario Superior Court of Justice (Divisional Court) has granted EDPR’s judicial review application in ‘Nation Rise Wind […] Read more
India Must Intensify Policy Reforms to hit 60 GW Wind Target by 2022: Report Updated On Thu, May 14th, 2020 by Saurenergy Wind energy capacity in India can only realistically reach 50 GW by 2022, and the sector needs to intensify policy reforms to hit its 60 GW by 2022 target. According to a new report, wind energy capacity in India can only realistically reach 50 GW by 2022. And, efforts by the government to lower barriers […] Read more
Macquarie GIG Partners With RIDG to Compete Scottish Offshore Leasing Round Updated On Tue, May 12th, 2020 by Saurenergy Macquarie’s GIG and RIDG have partnered to compete in the next round of seabed leasing for offshore wind development off the Scottish coast From their Edinburgh base, Macquarie’s Green Investment Group (GIG) and Scottish offshore wind developer Renewable Infrastructure Development Group (RIDG) have announced their partnership to compete in ScotWind, the next round of seabed […] Read more
COVID Impact: Siemens Gamesa Incurs Loss; Challenges in India Business Updated On Fri, May 8th, 2020 by Saurenergy Siemens Gamesa has said its performance in the second quarter of FY 2020 reflected the impact of COVID-19 pandemic on its operations and commercial activity Siemens Gamesa Renewable Energy has reported that its performance in the second quarter of FY 2020 (January-March) reflected the unexpected effect of the COVID-19 pandemic on its operations and commercial […] Read more
Iberdrola Acquires French Renewables Firm Aalto Power for €100 Mn Updated On Fri, May 8th, 2020 by Saurenergy Iberdrola has signed an agreement for the acquisition of the French renewable energy company Aalto Power for 100 million euros. Spanish multinational electric utility Iberdrola has announced that it has signed an agreement for the acquisition of the French renewable energy company Aalto Power, which is owned by Aiolos and Caisse des Dépôts et Consignations, for […] Read more
