Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA Updated On Mon, Oct 21st, 2019 by Saurenergy A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […] Read more
Asia Could Become the Dominant Market for Wind Energy: IRENA Updated On Mon, Oct 21st, 2019 by Saurenergy Asia could grow its share of installed capacity for onshore wind from 230 GW in 2018 to over 2600 GW by 2050, becoming the global leader in the segment Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report […] Read more
Scatec Solar Posts Strong Financial Results for Q3 2019 Updated On Mon, Oct 21st, 2019 by Saurenergy Scatec Solar delivered solid results in the Q3 of 2019 with proportionate revenues of USD 166.14 mn and EBITDA of USD 47.2 mn, a 68 percent increase YoY. Scatec Solar has announced that the company delivered solid results in the third quarter (Q3) of 2019 with proportionate revenues of NOK 1,522 million (1,259) (USD 166.14 […] Read more
Airtel Forays in to Renewables With 26% Acquisition of AMPSolar SPV Updated On Mon, Oct 21st, 2019 by Saurenergy Bharti Airtel has signed a pact with AMPSolar Evolution to acquire a 26 percent stake in the solar energy solutions provider for a total of Rs 8.4 crore. Marking its debut in the renewables sector, Bharti Airtel has announced that it has signed a pact with AMPSolar Evolution to acquire a 26 percent stake in the solar energy solutions provider […] Read more
CERC Brings Relief on Safeguard Duty for ACME Solar and Arisun Updated On Fri, Oct 18th, 2019 by Saurenergy CERC has provided compensatory relief for ACME and Arisun after accepting their plea to consider the imposition of the safeguard duty as “Change in Law”. The Central Electricity Regulatory Commission (CERC) has in its latest order, provided compensatory relief for ACME Jaipur Solar and Arisun Clean Energy after accepting their plea to consider the imposition […] Read more
Wells Fargo Enters its Largest Solar Energy Deal Updated On Fri, Oct 18th, 2019 by Saurenergy Wells Fargo has announced a 10-year structured renewable energy agreement for procuring nearly 62,000 MWh of solar energy annually to power its Texas operations. Wells Fargo has announced a 10-year structured renewable energy agreement with Reliant, an NRG Energy company, for procuring nearly 62,000 Megawatt-Hours of solar energy annually to power a bulk of its […] Read more
Global Solar PV Capacity Expected to Exceed 1,500 GW by 2030 Updated On Fri, Oct 18th, 2019 by Saurenergy The global solar PV capacity is estimated to increase significantly from 593.9 GW in 2019 to 1,582.9 GW in 2030, a new report has revealed. Global solar photovoltaic (PV) capacity is estimated to increase significantly from 593.9 gigawatts (GW) in 2019 to 1,582.9 GW in 2030 following significant capacity additions by China, India, Germany, the […] Read more
Germany’s Biggest Solar Park at 180 MW Approved by EnBW Updated On Thu, Oct 17th, 2019 by Saurenergy EnBW has taken anFID to build what will be Germany’s biggest solar park at 180 MW capacity. German electric utilities company EnBW (Energie Baden-Württemberg), has taken a final investment decision (FID) to build what will be Germany’s biggest solar park when fully constructed. The solar park will have an installed output of more than 180 […] Read more
Pattern Energy Completes Largest Single-Phase Wind Project in Canada Updated On Wed, Oct 16th, 2019 by Saurenergy Pattern Energy has announced the completion of the 300 MW Henvey Inlet Wind power facility in Canada. Pattern Energy and Nigig Power Corporation have announced the completion of the 300-megawatt (MW) Henvey Inlet Wind power facility in Ontario, Canada. Pattern Development and Nigig Power Corporation, a wholly-owned subsidiary of Henvey Inlet First Nation, are joint venture […] Read more