Australia Installs Record-breaking Number of Rooftop Solar Panels: CSIRO Updated On Mon, May 17th, 2021 by Saurenergy Australia installed its highest ever number of rooftop solar photovoltaic (PV) panels in 2020, according to Clean Energy Regulator data analysed by energy efficiency experts from Australia’s national science agency, CSIRO. Data from the Clean Energy Regulator analysed by CSIRO shows that in 2020, around Australia, over 362,000 rooftop solar PV installations were issued with […] Read more
Enel Green Power Commissions 15 MW Solar PV Plant in Mallorca Updated On Mon, May 17th, 2021 by Saurenergy Rome-headquartered multinational renewable energy corporation Enel Green Power España (EGPE) announced recently that it has commissioned the new Nou Biniatria solar photovoltaic plant in the town of Alcúdia in Mallorca. This facility has an installed capacity of 14.96 MW and an expected output of approximately 24.84 GWh per year. Its parent company, the Enel Group, […] Read more
U.S. Added 2.5 GW of Wind, 1.2 GW of Solar, 100 MW of Storage in Q1 Updated On Mon, May 17th, 2021 by Saurenergy U.S. added 2,500 MW of wind, 1,200 MW of utility-scale solar, 100 MW of battery storage in first three months of the year The Clean Power Quarterly Market Report, released today by the American Clean Power Association (ACP), shows that U.S. project developers installed nearly 40 percent more wind power in the first three months of 2021 […] Read more
DST Raises $100 Million In Series C Funding Round Updated On Mon, May 17th, 2021 by Saurenergy Chinese electric vehicle logistics provider, DST Car Rentals has announced that it has closed its latest round of investment for Series C funding. This final round of investment has raised a total of USD 100 million. The investment was led by the Ingka Investments (part of Ingka Group), followed by SMRT Ventures, China Securities Investment […] Read more
Leading CEO’s Ask Newsom to Dedicate $500 Mn in Hydrogen Infrastructure Funds Updated On Mon, May 17th, 2021 by Saurenergy Executives of Major Energy Companies Point to Public Sector Support to Bolster Millions in Private Sector Investment In a letter to Governor Gavin Newsom, executives of 25 multi-national companies today called for major new investments in hydrogen infrastructure in the Golden State. “At this still early stage in market development, the signal California sends on […] Read more
ADB Supports India’s Covid-19 Response Through Record Annual Lending Updated On Mon, May 17th, 2021 by Saurenergy Manila-headquartered Asian Development Bank (ADB) said on Thursday that it had committed $3.92 billion in sovereign loans for 13 projects to India in 2020, including $1.8 billion in projects to support the Government of India’s coronavirus disease (COVID-19) pandemic response. This is ADB’s highest-ever annual lending commitment to India since the start of its lending operations […] Read more
UPNEDA Moves To Initiate 106 MW Solar Plants Under PM KUSUM Updated On Mon, May 17th, 2021 by Saurenergy The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has issued a tender inviting bids for 106 MW of solar plants under the PM KUSUM scheme. The scheme, while primarily focused on solar pumps initially, was expanded later to include solar plants too. The tender invites bids for plant sizes ranging from 0.5 MW […] Read more
Power Grid Raises Rs 2736 Crore Through its PGInvIT Updated On Mon, May 17th, 2021 by Saurenergy Power Grid has received Rs 2,736.02 crore through the sale of 27.41 crore units in the PGInvIT OFS which was created to monetise its assets. The Power Grid Corporation of India (PGCIL) has announced that it has received Rs 2,736.02 crore through the sale of 27.41 crore units in the PowerGrid Infrastructure Investment Trust (PGInvIT) offer […] Read more
Members to Expand Cross-border Interconnections as Shares of Renewables Grow: IRENA Updated On Mon, May 17th, 2021 by Saurenergy According to IRENA’s World Energy Transitions Outlook, to achieve climate goals, global electricity generation must expand three-fold by 2050, making grid flexibility exceptionally important as countries race to reduce emissions. Cross-border interconnection represents one of the key solutions to dealing with the variability of renewable power and grid stability issues. This topic was the focus […] Read more
