Japan’s JERA To Grow Renewable Energy Investment to 5 GW by 2025 Updated On Wed, Apr 3rd, 2019 by Saurenergy The world’s biggest buyer of liquefied natural gas (LNG) JERA, a day after becoming Japan’s major electricity generator has announced that it will increase its investment in Renewable energy. According to the company, JERA aims to spend around 70 % of its investment budget for the next seven years on renewable energy and liquefied natural […] Read more
Nordex Group Bags Another Major Order For its N149 Turbine in Australia Updated On Wed, Apr 3rd, 2019 by Saurenergy The expected volume of electricity to be produced by the wind farm equates to the annual consumption of some 115,000 households and is equivalent to a saving of 532,000 tons of toxic CO2 per annum. Nordex Group has been awarded a contract to supply and install 35 wind turbines for the Mortlake South Wind Farm […] Read more
Canadian Solar Subsidiary Recurrent Energy Gets $50 Million LoC from Natixis Updated On Tue, Apr 2nd, 2019 by Saurenergy Canadian Solar today announced that its wholly-owned subsidiary Recurrent Energy, LLC has secured a $50 million letter of credit facility from global financial services company Natixis. The US-based firm Recurrent Energy, which is one of the leading utility-scale solar and energy storage project developer has secured a $50 million LoC facility from multinational financial services […] Read more
LONGi Solar Wins Order For Ukraine’s Second Largest Solar Plant Updated On Tue, Apr 2nd, 2019 by Saurenergy LONGi Solar will deliver 63.8 MW monocrystalline PERC modules and provide technical support during project implementation. In Ukraine, the second-largest solar power plant in Panovtsy, Kamianets-Podilskyi, in the Khmelnytskyi district, has been put into operation. The solar power plant is a joint venture of ICU, an independent asset manager, private equity, and investment advisory firm […] Read more
22 Percent Drop in Renewable Energy Certificates’ Sales in FY 2018-19 Updated On Mon, Apr 1st, 2019 by Saurenergy In March, sales of RECs or green certificates declined by over 51 percent to 11.78 lakh from 24.26 lakh in the same month last year. Sales of renewable energy certificates declined over 22 percent to 1.25 crore units this fiscal on IEX and PXIL as compared to 1.61 crore in 2017-18, mainly due to lower inventory (supply), according to […] Read more
$130 Mn Grant For Early-Stage Solar Research Project Updated On Sat, Mar 30th, 2019 by Saurenergy The U.S. Department of Energy (DOE) announced up to $130 million for new research to advance early-stage solar technologies. These projects will help to achieve affordable and reliable energy to enhance America’s economic growth and energy security. “Solar is an integral part of the Administration’s ‘all-of-the-above’ energy strategy,” said U.S. Secretary of Energy Rick Perry. “This cutting-edge, […] Read more
Interview with Shalini Singh, Chief – Corporate Communications & Sustainability | Tata Power Updated On Fri, Mar 29th, 2019 by Saurenergy Nurturing Quality is Tad Stronger in Women than Men There is an intrinsic advantage in being a woman-leader in the sustainability & CSR space. Without generalising to a point of fault, I think it would be fair to say that the nurturing quality is a tad stronger in women than men, purely from a standpoint […] Read more
Industry Roadblocks May Halt Renewable Energy Growth Juggernaut Updated On Fri, Mar 29th, 2019 by Saurenergy Renewable energy saw a significant boost globally in the past few years on the back of rising awareness about trimming the effects of climate change and global warming. Moreover, many countries globally, including India, are taking an active part in increasing the share of renewables, especially, solar in their energy mix. However, there are many […] Read more
Plunging Costs of Lithium-Ion Batteries on the Verge of Displacing Coal, Gas Updated On Fri, Mar 29th, 2019 by Saurenergy Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF shows that the benchmark levelised cost of electricity, or LCOE, for lithium-ion batteries has […] Read more
