Microsoft Signs Purchase Agreement For 90 MW Wind Power with Eneco Updated On Thu, May 23rd, 2019 by Saurenergy Microsoft Corp. has announced a new wind energy agreement in the Netherlands. Microsoft will purchase 90 MW from the massive 731.5 MW offshore wind project, Borssele III/IV, from Dutch sustainable energy company and wind farm developer Eneco. Eneco will provide Microsoft’s datacenters with green power for 15 years starting in 2022. This is Microsoft’s second purchase of wind […] Read more
EDP and Engie Join Forces To Enter Offshore Wind Sector Updated On Wed, May 22nd, 2019 by Saurenergy This ambitious alliance follows EDPR and ENGIE’s successful six-year cooperation as consortium partners in the Dieppe Le Tréport and Yeu Noirmoutier fixed offshore wind projects in France and Moray East and Moray West in the UK. French Power utility, Engie and Portugal’s largest electricity operator EDP have announced the signing of a strategic Memorandum of Understanding […] Read more
CDPQ Invests in Lightsource BP For $194 MN Solar Financing Platform Updated On Wed, May 15th, 2019 by Saurenergy The facility will initially be used to finance a diversified portfolio composed of over 100 solar projects located across various countries and totalling more than 700 MW. Canadian institutional investor, Caisse de dépôt et placement du Québec (CDPQ) and Lightsource BP recently announced a debt investment of £150 million ($194 million) to finance a portfolio of solar assets […] Read more
Vestas Reports Drop in Earnings in Q1 Results Updated On Thu, May 9th, 2019 by Saurenergy Denmark-based turbine manufacturer and wind energy solutions provider, Vestas, recently issued its financial results for the first quarter (Q1) of 2019. The financial report revealed that in the first quarter of 2019, the company generated revenue of EUR 1,730 million, marking an increase of 2 percent compared to the same period last year. However, the […] Read more
Rooftop Solar the Key to India’s 175 GW Renewables Target: Report Updated On Wed, May 8th, 2019 by Saurenergy The report estimates that for the next three years, solar rooftop installations will grow at a compound annual growth rate of 50 percent, suggesting a cumulative 13 GW of installed capacity by FY2021-22. Rooftop solar is the fastest growing renewable energy sub-sector in India but installations must rapidly accelerate if the nation is to meet […] Read more
Renewable Capacity Growth Dips in 2018 After 20 Year Expansion: Report Updated On Mon, May 6th, 2019 by Saurenergy 2018 was the first time since 2001 that growth in renewable power capacity failed to increase year on year, a new report has revealed. New net capacity from solar PV, wind, hydro, bioenergy, and other renewable power sources increased by about 180 Gigawatts (GW) in 2018, the same as the previous year, according to the […] Read more
Axpo Acquires Urbasolar With Plans to Become European Leader in PV Segment Updated On Thu, May 2nd, 2019 by Saurenergy Swiss energy utility Axpo and independent French solar PV specialist Urbasolar have announced the signing of an acquisition contract of 100% of the latter’s securities by Axpo. This agreement aims to consolidate and stimulate the growth of the French PV specialist, which now becomes the photovoltaic operator within the group with the ambition to become […] Read more
Solar Power Capacity in U.S. Cities Has Doubled in the Last 6 Years: Report Updated On Mon, Apr 29th, 2019 by Saurenergy Solar energy capacity more than doubled in 45 of America’s 57 largest cities over the last six years according to a new study. Over the past six years, solar energy capacity more than doubled in 45 of America’s 57 largest cities, according to a new study released by the Environment America Research & Policy Center. […] Read more
Swap Kerosene Subsidies for Solar To Improve Power Supply: Report Updated On Thu, Apr 18th, 2019 by Saurenergy The Clean Energy Swap, as per the study, supports kerosene to solar swap that will reallocate finances away from kerosene, promoting cleaner lighting fuels for unelectrified or underserved consumers. An independent study by the International Institute for Sustainable Development (IISD) and The Energy and Resources Institute (TERI) shows that switching subsidies from kerosene to off-grid […] Read more
