China & India Remained Biggest Emerging Markets for Clean Energy Investments: BNEF Updated On Thu, Dec 10th, 2020 by Saurenergy According to a new report by BNEF, China and India remained the biggest emerging markets for clean energy investment As 2019 came to a close, the outlook for renewable energy growth in developing economies was exceptionally bright. Power-generating capacity from solar plants such as solar projects reached 325 gigawatts (GW), up from just 1 GW […] Read more
Energy Storage Market in the US Breaks Records in Third Quarter: Report Updated On Thu, Dec 3rd, 2020 by Saurenergy A new report has revealed that 476 MW of energy storage capacity were deployed in the US in the third quarter of 2020, setting a new record A new report has revealed that 476 megawatts (MW) of storage were deployed in the US in the third quarter of 2020, an increase of 240 percent over […] Read more
EU Set To Achieve 2 of its 3 Climate And Energy Targets For 2020 Updated On Wed, Dec 2nd, 2020 by Saurenergy A report of the European Environment Agency published on Monday, 30th November 2020, reported an aggregated progress of the EU towards meeting two of its three 2020 climate and energy targets. The 2020 package is a set of laws passed in 2007 and enacted in legislation in 2009 to ensure the EU meets its climate […] Read more
CLEAN Network Report on State of the Decentralized Renewable Energy Sector in India 2019/20 Updated On Fri, Nov 27th, 2020 by Saurenergy The fourth edition of the ‘State of the Decentralized Renewable Energy Sector in India 2019/20’ report was recently launched by the CLEAN Network, in an attempt to present an overview of the developments in the DRE sector for the financial year. Surveying 63 DRE businesses, the report showed that there was a growth in the […] Read more
Leeward Renewable Energy Completes Repowering of Sweetwater 3 Wind Farm Updated On Wed, Nov 25th, 2020 by Saurenergy Leeward Renewable Energy, has announced the successful completion, in late September, of the repowering and final financial close of its Sweetwater 3 Wind Farm (“Sweetwater 3”) in Nolan County, Texas. Leeward procured the wind turbine equipment from GE Renewable Energy, which also provided construction services and is providing operations and maintenance services for the project. […] Read more
Vesper Energy Secures Letter of Credit Facility for up to $100 Million Updated On Tue, Nov 24th, 2020 by Saurenergy New Financing Will Fast-Track the Development of Its 3 GW Solar, 2.5 GWh Energy Storage North American Project Pipeline Vesper Energy – a leading developer, owner and operator of utility-scale renewable energy assets – announced it closed a new letter of credit (LC) facility with Macquarie Group (“Macquarie”) for up to $100 million. The LC […] Read more
Metal Packaging Major Crown Now Running All US, Canadian Plants On Renewable Energy Updated On Mon, Nov 23rd, 2020 by Saurenergy Global meta packaging specialist, Crown Holdings is now operating all 14 of its beverage can plants in the US and Canada on renewable energy. With operations in 47 countries employing over 33,000 people and net sales of $11.7 billion, Crown’s shift will have a considerable positive impact on the carbon footprint of products it supplies […] Read more
REPORT: Energy Efficiency Led US Energy Job Growth in 2019 and is a Best Bet to Lead Sector’s Recovery in 2021 Updated On Sat, Nov 21st, 2020 by Saurenergy Energy efficiency — which led U.S. energy-sector job growth in 2019, growing to employ nearly 2.4 million Americans before the pandemic-fueled crisis — is a best bet to drive the energy sector’s recovery in 2021, according to a new analysis released today by E4TheFuture and the national, nonpartisan business group E2 (Environmental Entrepreneurs). Energy efficiency employed 28% of all […] Read more
Rising Market Cap Fuels Acquisition Ambitions For US Renewable Energy Firms Updated On Tue, Nov 10th, 2020 by Saurenergy Early in October this year, NextEra Energy, a renewable energy firm with almost 18 GW of solar and wind plants till last year, overtook Exxon Mobil in market cap for the first time ever. The event marked both the rising tide for renewable energy firms seen as leading the new energy transition, and the mark […] Read more
