After Wind, Sweden’s Wallenstam Now Invests in Solar Energy Updated On Tue, Mar 3rd, 2020 by Saurenergy After achieving self-sufficiency in renewable energy by investing in wind, Swedish real estate company Wallenstam is now planning to invest in solar energy. Thus, in order to evaluate the potential of installation of solar panels, the Swedish company has analyzed its entire property holdings, which is around 220 properties. Commenting on the development, Karin Mizgalski, […] Read more
Indonesia Racing Towards 23% Renewable Energy: IEEFA Updated On Tue, Mar 3rd, 2020 by Saurenergy The electricity system in Indonesia might soon see a glimmer of hope after going more than 3 years without significant growth in renewable energy investment The electricity system in Indonesia might soon see a glimmer of hope after going more than three years without significant growth in renewable energy investment, a new IEEFA report finds. […] Read more
Wind Energy – The Struggling Pillar of the European Green Deal: WindEurope Updated On Tue, Mar 3rd, 2020 by Saurenergy Wind is a natural pillar of the European Green Deal, but the sector is struggling and Europe is at risk of losing its global leadership on wind energy. When launching the European Green Deal in December President von der Leyen described it as the EU’s new growth strategy. The Industrial Strategy to be launched by […] Read more
SECI Gets Approval to Buy Power From 840 MW Wind-Solar Projects Updated On Tue, Mar 3rd, 2020 by Saurenergy SECI has received CERC approval for adoption of tariff that was discovered for 840 MW wind-solar hybrid power projects under the Tranche-I tender The Solar Energy Corporation of India (SECI) has seen its petition, for approval of tariff discovered through a competitive bidding process for 840 MW wind-solar hybrid power projects (Tranche-I) connected to the […] Read more
Longroad Energy Acquires Four California Solar Projects From First Solar Updated On Tue, Mar 3rd, 2020 by Saurenergy First Solar has announced that Longroad Energy is the acquirer of its four solar projects with a combined capacity of 160-MW in California. US-based First Solar has announced that Longroad Energy is the acquirer of its four solar projects with a combined capacity of 160-megawatts (MW) in California. Longroad Energy is a US-based renewable energy developer, […] Read more
ABB Successfully Completes Divestment of Solar Inverter Biz To FIMER Updated On Mon, Mar 2nd, 2020 by Saurenergy ABB, a technology leader driving the digital transformation of industries, on Monday said that it has completed the divestment of its solar inverter business to FIMER SpA, an Industrial equipment supplier in Italy. The Swiss-Swedish multinational corporation further said that, this transaction enabled it’s Electrification business to improve the focus of its business portfolio on […] Read more
Wind Energy now the top Source of Renewable Electricity in America Updated On Mon, Mar 2nd, 2020 by Saurenergy For the first time in history, wind turbines created more electricity than the longtime renewable champ, hydroelectric dams in the USA In 2019, the United States generated about 4.1 trillion kilowatt-hours (kWh) of electricity. According to new figures from the US Energy Information Administration, 63 percent is still generated by fossil fuels, while 20 percent […] Read more
Singapore-based Vena Energy Issues $325 Mn Green Bond Updated On Mon, Mar 2nd, 2020 by Saurenergy Vena Energy has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. Vena Energy, one of Asia-Pacific’s leading independent power producers (IPP) and pure renewable energy company, has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. […] Read more
Tesla, PG&E get Approval for Proposed 1.1 GW Storage Facility in California Updated On Mon, Mar 2nd, 2020 by Saurenergy Tesla has received the approval from the local authorities to build its massive 1.1 GWh Megapack battery energy storage system facility in California. Electric Vehicle major Tesla has received approval from the local authorities to build its massive 1.1 GWh Megapack battery energy storage system facility, which is backed by PG&E, in California. Earlier this […] Read more