Declaration Calls For More Ocean-Based Renewables Updated On Thu, Feb 28th, 2019 by Saurenergy We must reconcile the desire to expand offshore renewables with the necessity to preserve our marine environment. The Belgian government recently organised a major international conference on ‘Climate Change and Oceans Preservation.’ The Belgian government asked WindEurope to run the panel on the happy co-existence of ocean energy and biodiversity. The panel comprised EU Commissioner […] Read more
Spain’s Iberdrola Steps Up Plans With Euro 34 Bn Investment Planned by 2022 Updated On Tue, Feb 26th, 2019 by Saurenergy 47% of the overall amount (Euro 16 billion) will be invested in Networks and 39% (Euro 13.3 billion) in Renewables. Generation and Supply will receive 11% of the total (Euro 3.8 billion). Iberdrola is stepping up global growth with investment rising to Euro 34 billion in the 2018-2022 period. This breakthrough means an upward revision from […] Read more
EBRD Deepens Green Finance in Armenia with €2.5 Mn Loan Updated On Tue, Feb 26th, 2019 by Saurenergy Possible investments include technologies such as thermal insulation, photovoltaic solar panels, geothermal heat pumps and water efficient irrigation systems. The European Bank for Reconstruction and Development (EBRD) is intensifying efforts to strengthen energy efficiency in Armenia with the launch of a new Green Economy Financing Facility for the country, co-financed by the Green Climate Fund (GCF). Small and medium-sized enterprises (SMEs) […] Read more
Google Seeks Tax Exemption For Planned $600 Mn Wind-Powered Data Centre Updated On Tue, Feb 26th, 2019 by Saurenergy Google has asked Sherburne County and the city of Becker for property tax breaks that would save the company up to $15 million. Google’s plan to build a $ 600 million wind-powered data center in central Minnesota could hinge on the tech giant’s request for officials to waive 20 years’ worth of future taxes. Google has asked Sherburne County […] Read more
Waaree Energies Targets Rs 400 Cr Revenue From Rooftop Segment Updated On Tue, Feb 26th, 2019 by Saurenergy Targets to commission 100 MW rooftop projects in the coming financial year. Waaree Energies, one of India’s largest solar PV manufacturer, looks towards the rooftop solar and aims at adding close to Rs 400 crore for the financial year ending 2020, exclusively through the segment. Rooftop solar will be one of the key focus segments […] Read more
Cheap Finance Can Make Renewables Cost-Competitive Faster in Developing Countries Updated On Mon, Feb 25th, 2019 by Saurenergy A new report pinpoints how concessional finance can make wind, solar, and batteries cost-competitive faster in developing countries, accelerating the shift from fossil-fuelled power. Cut-rate financing has the potential to substantially speed the transition from fossil-fuelled power generation to renewable energy in developing countries, according to a new report produced by BloombergNEF (BNEF) and commissioned […] Read more
Wish List for The Final 2019 Budget Updated On Fri, Feb 22nd, 2019 by Saurenergy In a year when the country heads for general elections, the renewable sector has reason to look forward to a good final budget, from whoever comes to power. This is because the renewables sector has been an undisputed success story for India, and no government should be doing anything to slow it down. For the […] Read more
Cost of Solar Power to Drop to Rs 1.9 Per Unit by 2030: Report Updated On Wed, Feb 13th, 2019 by Saurenergy By 2030, the report predicts the cost of wind and solar to be between Rs 2.3-2.6/kWh and Rs 1.9-2.3/kWh, while the cost of storage is expected to fall by about 70 percent. The cost of generation of solar power is set to fall to as low as Rs 1.9 per unit over the next decade through 2030 in India with […] Read more
Sign of the times. At Petrotech Expo, PM Speaks About Renewables Updated On Tue, Feb 12th, 2019 by Saurenergy The PM also said that signs of convergence between cheaper renewable energy, technologies and digital applications were also becoming evident. Prime Minister Narendra Modi while addressing the Petrotech Expo said that, globally the perception of energy consumption and supply is changing and nations are coming together to tackle climate change. “Winds of change are evident in the global energy arena. There […] Read more
