Wind and Solar Met 9.8% of Global Electricity Production in H1 2020: Report Updated On Thu, Aug 13th, 2020 by Saurenergy In H1 2020, wind and solar generation rose 14 percent compared to H1-2019, generating 9.8 percent or nearly one-tenth of global electricity. A new report has put the spotlight on how fast wind and solar energy have expanded over the last few years to become major sources of electricity generation in most countries around the […] Read more
Andhra Pradesh to set up Energy Conservation Cells in Government Departments Updated On Wed, Aug 12th, 2020 by Saurenergy The government of Andhra Pradesh is planning to set up Energy Conservation Cells in all its departments to promote efficient use of energy at all levels In a bid to promote energy conservation and efficiency, the state government of Andhra Pradesh is planning to set up Energy Conservation Cells (ECC) in all its departments to promote efficient use of […] Read more
Technology to generate solar energy continues to evolve and its global reach does not stop Updated On Wed, Aug 12th, 2020 by Saurenergy Innovation in photovoltaic equipment technology continues to grow and its rate of expansion has not stopped despite the strong pandemic. On August 8th, 9th and 10th, the largest Solar Fair in the world SNEC 2020 was held in Shanghai, China. During the event, the latest innovations in equipment for photovoltaic systems were presented and conferences […] Read more
EDPR Sells its 242 MW Wind Portfolio for EUR 426 Mn to Finerge Updated On Wed, Aug 12th, 2020 by Saurenergy EDPR has signed an agreement with Finerge to sell its entire stake in a 242 MW operational wind portfolio to the Portuguese firm for EUR 426 million. EDP Renewables, a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and Purchase Agreement […] Read more
Vestas Surpasses 1 GW Order Intake in China in 2020 With two new Orders Updated On Wed, Aug 12th, 2020 by Saurenergy Vestas has received two new orders in China, which has taken the manufacturers’ order intake in the country well over the 1 GW mark for the year 2020. Global wind major Vestas has announced that it has received two new orders for the supply of wind turbines for wind energy projects in China which have […] Read more
Ørtsed Reports Strong First Half for 2020, Operating Profit of $1.5 Bn Updated On Wed, Aug 12th, 2020 by Saurenergy Ørsted has issued its interim report for the first half of 2020, reporting an operating profit (EBITDA) of USD 1.5 billion, an 11 percent increase YoY The Board of Directors at Ørsted has approved the interim report for the first half (H1) of 2020. The firm reported an operating profit (EBITDA) of DKK 9.8 billion […] Read more
Vestas Reports 67% Increase in Revenue for Q2 2020 Updated On Wed, Aug 12th, 2020 by Saurenergy Vestas has issued its financial report for Q2 2020, reporting revenue of EUR 3,541 million – an increase of 67% compared to the year-earlier period. Global wind energy major Vestas has issued its interim financial report for the second quarter (Q2) of the financial year 2020. The firm has shown a strong performance in spite […] Read more
EESL Tenders for 279 MW of Solar Power Systems in Maharashtra Updated On Wed, Aug 12th, 2020 by Saurenergy EESL has tendered for the commissioning of 279 MW (cumulative) solar systems of capacities ranging between 2 MW and 10 MW across Maharashtra. The Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, has issued a tender for the commissioning of 279 MW (cumulative) solar power generating systems (SPGS) […] Read more
Renewables in 2020 Will be Fastest-Growing Source of Electricity in the US: EIA Updated On Wed, Aug 12th, 2020 by Saurenergy The EIA has revealed that it expects renewables to be the fastest-growing source of electricity generation in the US in 2020. The US Energy Information Administration (EIA) has revealed in its Short Term Energy Outlook (STEO) that it expects renewables to be the fastest-growing source of electricity generation in the US in 2020. It has […] Read more