Renewables Powering Through the Pandemic: IEA Updated On Tue, May 11th, 2021 by Saurenergy Renewable electricity expanded at fastest pace in two decades, with huge additions of solar and wind becoming the ‘new normal’ going forward Renewable sources of electricity such as wind and solar grew at their fastest rate in two decades in 2020 and are set to expand in coming years at a much faster pace than […] Read more
Repsol Starts Construction of Delta II, Its Largest Renewable Project at 860 MW Updated On Tue, May 11th, 2021 by Saurenergy Repsol has begun construction of Delta II, the company’s largest renewable project to date. Once com-pleted, it will have a total capacity of 860 MW distributed over 26 wind farms located in the region of Ara-gon in northeastern Spain. In the first construction stage, Repsol has begun work on two wind farms, La Cometa I […] Read more
Toshiba Signs Agreement with GP Strategies to Acquire EtaPRO Business Updated On Tue, May 11th, 2021 by Saurenergy Toshiba America Energy Systems Corporation (“TAES”), an affiliate of Kawasaki, Japan-based Toshiba Energy Systems & Solutions Corporation (“Toshiba ESS”), has reached agreement with GP Strategies Corporation (NYSE: GPX), a global provider of workforce transformation solutions, to acquire its EtaPRO® business. EtaPRO is a real-time digital platform for improving the efficiency and reliability of power generating assets through […] Read more
Total Eren Secures Financing for 100 MW Solar Project in Uzbekistan Updated On Tue, May 11th, 2021 by Saurenergy Total Eren has successfully signed the financing documentation for its solar photovoltaic project Tutly with 100 MWac capacity in Uzbekistan Total Eren, a leading renewable energy Independent Power Producer (IPP) based in Paris, has announced that it has successfully signed the financing documentation related to its solar photovoltaic (PV) project Tutly with 100 MWac capacity. […] Read more
ACWA Power Achieves Financial Close on 100 MW CSP Plant in South Africa Updated On Tue, May 11th, 2021 by Saurenergy ACWA Power has announced the commencement of construction on the 100 MW Redstone CSP project following the achievement of financial close. ACWA Power, a leading Saudi developer and the lead shareholder in the Redstone concentrated solar power (CSP) plant, has announced the commencement of construction on the 100 MW Redstone project following the achievement of […] Read more
Solar Developers Trip Up Over Great Indian Bustard Habitat in Rajasthan Updated On Tue, May 11th, 2021 by Saurenergy Solar developers that made a beeline for Rajasthan, India’s largest state by area with a seemingly plentiful supply of non-agricultural land with high solar irradiance, have been served a shock by the Supreme Court. The court was hearing a case related to the impact on the habitat of the Great Indian Bustard, a critically endangered […] Read more
SunPower Releases “Solid” Financial Results for Q1 2021 Updated On Mon, May 10th, 2021 by Saurenergy SunPower, a California-headquartered solar power generation and energy storage company, has released its financial results for the first quarter of 2021 ended April 4, 2021. The company’s GAAP revenue increased from $290.5 millions in Q1 2020 to $306.4 millions in Q1 2021. GAAP loss decreased by $57.6 million, including $44.7 million related to a mark-to-market loss […] Read more
Vattenfall Collaborates with Eramet Norway to Support the Norwegian Electricity Grid Updated On Mon, May 10th, 2021 by Saurenergy Through the collaboration between Vattenfall, Sympower and Statnett, ferro-alloy company Eramet Norway has gained access to FFR (Fast Frequency Reserve) between May and October 2021. This means that they can contribute to a stable power grid, not only in Norway, but throughout the entire Nordic electricity grid if a power failure occurs. Energy sources such as […] Read more
Enel Group Releases Financial Results; Q1 2021 Unprofitable Updated On Mon, May 10th, 2021 by Saurenergy Enel Group, Italian multinational manufacturer and distributor of electricity and gas, has released the financial results of the first quarter of 2021. The company reports an 8.8% increase in investments and confirmation of yearly targets, among other data, but the quarter has not proved profitable for it. Revenues earned in this quarter were 17,107 million euros, […] Read more
