Ignitis Borrows EUR 60 Mn From EIB for its First Wind Farm Updated On Thu, Mar 12th, 2020 by Saurenergy EIB has signed a loan agreement with Pomerania Wind Farm, a subsidiary of Ignitis Renewables for the construction and operation of a 94 MW wind farm More wind farms will see the light near the Baltic coast in Poland. The European Investment Bank (EIB) has signed a loan agreement with Pomerania Wind Farm, a subsidiary […] Read more
TenneT Secures EUR 250 Mn Loan for Offshore Wind Transmission Link Updated On Thu, Mar 12th, 2020 by Saurenergy TenneT has secured EUR 250 million loan to enable the transmission of rapidly growing amounts of offshore wind energy to users in the Netherlands and beyond The European Investment Bank (EIB) has signed a EUR 250 million loan agreement with TenneT Holding. The financing will be used for the western section of TenneT’s “Zuidwest 380 […] Read more
GE to Supply Cypress Units for 70 MW Guney Wind Farm in Turkey Updated On Thu, Mar 12th, 2020 by Saurenergy GE Renewable Energy has been selected by Sanko Enerji to provide 12 Cypress units and 2 units of 3 MW for the 70 MW Guney wind farm in Turkey. GE Renewable Energy has announced that it has been selected by Sanko Enerji to provide 12 Cypress units and 2 units of 3 MW for the […] Read more
Iberdrola Accelerates EV Plans, to Install 150,000 Charging Points by 2025 Updated On Wed, Mar 11th, 2020 by Saurenergy Iberdrola has decided to ramp up its sustainable mobility plan, and it plans to install 150,000 EV charging points within the next five years. Iberdrola has decided to ramp up its sustainable mobility plan, with more investment – a total of 150 million euros – to provide an even larger number of electric vehicle (EV) […] Read more
Iberdrola Takes 100% Ownership in 496 MW Offshore Wind Project Updated On Wed, Mar 11th, 2020 by Saurenergy Iberdrola has assumed 100 percent ownership of Ailes Marines, which is developing, constructing & operating the 496 MW Saint-Brieuc offshore wind farm in France. Iberdrola has increased its ambition in the offshore wind industry, following the conclusion of an agreement to take 100 percent ownership of Ailes Marines. The company is developing, constructing and operating […] Read more
CDPQ Increases Stake, now Majority Stakeholder in Azure Power Updated On Wed, Mar 11th, 2020 by Saurenergy Azure Power has announced that CDPQ has acquired additional shares of AZRE, to become a majority stakeholder in the India solar power developer. Azure Power Global Limited (AZRE), a leading independent solar power developer in India, has announced that Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, has acquired additional shares […] Read more
Renewables Generated More Electricity Than Coal in the US Last Month Updated On Mon, Mar 9th, 2020 by Saurenergy Renewable energy (utility-scale solar, wind and hydropower) sources generated more electricity than coal plants in the US in February In the dead of winter, renewable energy (utility-scale solar, wind and hydropower) sources generated more electricity than coal plants in the US in February. Specifically, according to data from the US Energy Information Administration’s (EIA’s) new […] Read more
Eversource, National Grid Propose Transmission Solutions for Greater Boston Updated On Mon, Mar 9th, 2020 by Saurenergy National Grid & Eversource have submitted proposals for transmission solutions that will provide Greater Boston with enhanced electricity reliability National Grid and Eversource have announced that they have submitted a range of proposals for transmission solutions that will provide Greater Boston with enhanced electricity reliability, increasing capacity for the flow of new clean energy resources, […] Read more
Huawei’s 10 Smart PV Trends for 2025 Updated On Mon, Mar 9th, 2020 by Saurenergy With Solar Energy coming into its own in the past 5 years, talk is already about the massive impact it can have on the energy grid. Smart PV’s (Photovoltaics) is a must, with higher share of solar energy, without disrupting grid stability. Hence, the new term, Smart PV’s. Huawei, a global leader in the inverters […] Read more