Renesola Secures USD 12 Million Financing for 19 MW Solar Project Updated On Mon, Jul 27th, 2020 by Saurenergy ReneSola has successfully closed a bridge financing with Eiffel Energy Transition Fund to finance the construction of its 19 MW solar project in Poland. ReneSola Ltd, a leading fully-integrated solar project developer has announced that it has successfully closed a bridge financing with Eiffel Energy Transition Fund to finance the construction of ReneSola Power’s 19 […] Read more
RK Singh Confident India Will Have 450 GW RE by 2030 Updated On Wed, Jul 22nd, 2020 by Saurenergy India will have around 60% of its installed electricity generation capacity from clean sources by 2030 reaching 450 GW RE capacity, RK Singh has said. India will have around 60 percent of its installed electricity generation capacity from clean energy sources by 2030, Power and New & Renewable Energy Minister R K Singh has said. The […] Read more
EDF Renewables Announces Wind Projects Worth 360 MW in Chile Updated On Tue, Jul 21st, 2020 by Saurenergy EDF Renewables has announced two significant steps forward in wind power in Chile. The first relates to the 60 MW extension of the Cabo Leones I wind farm located in northern Chile. The second relates to the award of land allowing up to 300 MW wind capacities. These future developments form part of the EDF […] Read more
$151 Bn for Fossil Fuels, Only $89 Bn for RE in COVID-19 Recovery Packages Updated On Thu, Jul 16th, 2020 by Saurenergy A new report shows that total commitments for fossil fuels reached USD 151 billion from G20 governments, and only USD 89 billion for clean energy. A new report shows that during the global pandemic, total commitments in support of fossil fuels reached at least USD 151 billion from G20 governments. Of which, only 20 percent made financial support […] Read more
NREL Research Points to Strategies for Recycling of Solar Panels Updated On Tue, Jul 14th, 2020 by Saurenergy Researchers at NREL have conducted the first global assessment into the most promising approaches to end-of-life management for solar PV panels. PV modules have a 30-year lifespan. There is currently no plan for how to manage this at end of their lifespan. The volume of modules no longer needed could total 80 million metric tons […] Read more
OLADE, IRENA put RE at Heart of Economic Recovery in LAC Updated On Thu, Jul 9th, 2020 by Saurenergy IRENA and OLADE will boost ties to put the renewables-driven energy transformation at the heart of LAC economic recovery following the COVID-19 outbreak. The International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE) will boost ties to put the renewables-driven energy transformation at the heart of Latin America and the Caribbean (LAC) […] Read more
Ørsted & TSMC Sign World’s Largest Corporate Renewable PPA Updated On Wed, Jul 8th, 2020 by Saurenergy Ørsted and TSMC have signed the largest ever renewable corporate PPA, under which TSMC will offtake the full production from Ørsted’s 920 MW Greater Changhua 2b & 4 offshore wind farm. Offshore wind major Ørsted and Taiwan-based TSMC have announced that they have signed a corporate power purchase agreement (PPA), under which TSMC will offtake […] Read more
bp Commits USD 70 Million in India’s Green Growth Equity Fund Updated On Wed, Jul 8th, 2020 by Saurenergy bp will invest USD 70 million into the Green Growth Equity Fund (GGEF) in India. The fund is focused on identifying & investing in green energy solutions. Multinational oil and gas company – bp, has announced that it intends to invest USD 70 million into the Green Growth Equity Fund (GGEF) in India. The fund, […] Read more
EIB Finances 200 MW Solar Projects in Spain, 2 Wind Farms in Austria Updated On Mon, Jun 29th, 2020 by Saurenergy EIB is investing EUR 43.5 mn to finance 200 MW solar projects in Spain, and EUR 63 mn for construction and operation of two new wind farms in Austria. The European Investment Bank (EIB) has announced that it is investing EUR 43.5 million to finance the largest solar project in Andalusia and one of the most powerful in […] Read more