Queensland Government Unveils Ambitious Plan to Establish 12 Renewable Energy Zones Updated On Tue, Jul 11th, 2023 by Saurenergy The Queensland government announced its initiative to create 12 renewable energy zones (REZs) across the state, as part of a comprehensive $62 billion plan. The goal is to phase out coal power and transition to 80 percent renewable energy within a little over a decade. Recently, the Labor Palaszczuk government released a draft roadmap, Queensland […] Read more
Consortiums Pre-Qualified for 400 MW Solar Plant in Morocco’s Atlas Mountains Updated On Tue, Jul 11th, 2023 by Saurenergy Morocco’s renewable energy agency, Masen, has announced the pre-qualification of six consortiums to construct a 400 MW solar plant in the Atlas mountains. Named Noor Midelt II, the project aims to strengthen the country’s renewable energy sector and reduce its dependence on fossil fuels. Leading the consortiums are renowned international companies, including Cobra Servicios, Communicaciones […] Read more
Renewable Record of 8 GW Solar and Wind Installations in H1 of 2023 in Germany Updated On Mon, Jul 10th, 2023 by Saurenergy Germany saw an impressive growth in renewable capacity addition in the first half of this year. A record 8 GW in new solar and wind installations have been commissioned in Germany during the first half of this year. This data comes from an initial analysis of the Market Master Data Register (MaStR), which is maintained […] Read more
1 Terawatt and Beyond: Solar Energy’s Unstoppable Rise and What Lies Ahead Updated On Mon, Jul 10th, 2023 by Saurenergy Solar has come a long way in the last few years, from over 100,000 megawatts in 2012 to one terawatt now (1 terawatt is 1 million megawatts). So, what spurred this development? What were the factors that facilitated the achievement of this feat? We’ll be going over humanity’s journey to 1 TW of installed capacity […] Read more
Fourth Partner Energy Commences Power Supply of 26 MW to Foundry Group in Karnataka Updated On Fri, Jul 7th, 2023 by Saurenergy Renewable energy solutions firm, catering to Commercial & Industrial businesses, Fourth Partner Energy has commenced supply of 26 MW power to Ashok Iron Group, a foundry group that produces a range of machined iron castings. Fourth Partner Energy is helping the Group meet clean energy goals via its open access solar park with 72 MW […] Read more
Duke Energy To Offload Commercial Distributed Generation Biz to ArcLight In $364 million Deal Updated On Thu, Jul 6th, 2023 by Saurenergy Duke Energy has announced an agreement to sell its commercial distributed generation business to an affiliate of ArcLight Capital Partners, LLC , a leading middle market infrastructure investor, for an enterprise value of $364 million, inclusive of non-controlling tax equity interests. Duke Energy expects approximately $259 million of proceeds from this transaction, which is subject to certain […] Read more
DRE Finds A Footing In India, Powered By Solar Updated On Tue, Jul 4th, 2023 by Saurenergy Laxmi Bhuyan is a 58-year-old woman from the Sindiba village in the Gajapati district of Odisha. This tribal village, with swatches of fertile land around the village periphery, bolstered the local farmers to grow different fruits and vegetables around the year. However, the raw fruits often yielded low prices for the producers. On the other […] Read more
World Bank Approves $200 Mn Loan to Himachal for RE Sector Reforms Updated On Wed, Jun 28th, 2023 by Saurenergy World Bank’s Board of Executive Directors has approved a $200 million loan for the Government of Himachal Pradesh to support power sector reforms in the state and increase the share of Renewable Energy (RE) in its electricity generation. The loan aligns with Himachal Pradesh’s objective of adding 10 GW of additional RE capacity to make […] Read more
European Solar Energy Startups Witness 400% Surge in Investment: Report Updated On Wed, Jun 28th, 2023 by Saurenergy A new research report by Avent Abacus reveals that total investment in European solar energy startups is up almost 400 per cent compared to last year. Reportedly, the companies received $6 billion in funding in the first five months of 2023 alone. Key Insights Avent Abacus notes that the total investment in European solar startups […] Read more
