BrightNight Announces $375 million Corporate Credit Line For RE portfolio Updated On Fri, Jan 5th, 2024 by Saurenergy BrightNight, a global renewable power producer has announced the closing of a $375 million corporate credit facility. It said that this would help it accelerate development of its 31 GW U.S. Renewable Power Portfolio. This significant financial milestone underscores the company’s commitment to advancing renewable energy solutions that are safe, reliable, affordable, and clean. The […] Read more
Waaree Energies To Build 3 GW Module Manufacturing Facility in US Updated On Thu, Dec 21st, 2023 by Saurenergy Indian module manufacturer Waaree Energies announced that it would establish its first United States (US)-based solar module manufacturing facility in Houston. The facility in Brookshire will have the initial capacity to manufacture 3 gigawatts (G.W.) of solar modules annually by the end of 2024. Waaree plans to invest up to $ 1 billion over the […] Read more
US Energy Firm Puget Sound Energy Announces Utility-Scale Wind Farm At Montana Updated On Fri, Dec 8th, 2023 by Saurenergy United States (US)-based energy company Puget Sound Energy (PSE) announced today it is developing the Beaver Creek wind farm, a utility-scale wind project that will be located on the high plains in Stillwater County, Montana, in the US. The Beaver Creek wind farm is the latest addition in a growing list of renewable energy resources […] Read more
Growth Of EV Market Highest In China, EU, Says WRI Report Updated On Tue, Nov 21st, 2023 by Saurenergy Global energy think tank World Resource Institute (WRI), in its recent report on ‘State of Climate Action’, highlights that the share of electric vehicles (EV) in passenger car sales has grown at an average annual rate of 65%. It’s a rise from 1.6% of sales in 2018 to 10% in 2022. For the first time in […] Read more
With IRA Boost, Energy Storage Demand Likely To Surge Six-Fold: SEIA Updated On Mon, Nov 20th, 2023 by Saurenergy The Solar Energy Industry Association (SEIA) has released a report stating that over the next one decade, lithium-ion battery would witness a surge in global demand due to the unprecedented investment in solar. This was attributed to the production incentives bolstered through the Inflation Reduction Act (IRA) in the United States (US). SEIA’s report titled, […] Read more
UK, German Moves To Support Offshore Wind Point To Challenges Ahead Updated On Fri, Nov 17th, 2023 by Saurenergy Ørsted’s Travails World’s biggest offshore wind energy developer- Danish firm Ørsted on November 1 this year announced ceasing developing two of its proposed offshore wind projects in the United States (US) at the cost of around £3bn in penalties. These projects were slated to come up at New Jersey off the US coast. They had […] Read more
Berkeley, DOE Produce Database To Map Solar PV Facilities Updated On Tue, Nov 14th, 2023 by Saurenergy Berkeley Lab and USGS (U.S. Geological Survey) in collaboration with the U.S. Department of Energy’s (DOE) produced a publicly available database. The detailed Large-Scale Solar Photovoltaic Database (USPVDB) aims to map ground-mounted photovoltaic (PV) facilities with capacity of 1 megawatt. This come alongside US’s DOE (Department of Energy) data, that released an online dataset of […] Read more
EU, US Frontrunners In Offshore Wind Patents: IRENA Report Updated On Fri, Nov 10th, 2023 by Saurenergy A latest joint report from the International Renewable Energy Agency (IRENA) and the European Patent Office (EPO) claimed that patents over offshore wind technologies are on the rise globally. The report titled; Offshore Wind Energy Patent Insights Report showed that between 2002-2022 patent filings for offshore wind technologies grew on average by 18%. This growth […] Read more
Zero Emission Vehicle Can Reduce Emission By 80% In US: NREL Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report from the National Renewable Energy Laboratory (NREL) stated that the adoption of zero-emission electric vehicles (EV) in the US would allow the nation to move closer to an 80% or more drop in transportation-related greenhouse gas (GHG) emissions by 2050. This, the report said would lead to a drop of the emissions […] Read more
