LGIM, NTR Raise €390 Million for Renewables Expansion in Europe Updated On Thu, Apr 20th, 2023 by Saurenergy UK-based asset manager Legal & General Investment Management (LGIM) and renewable energy player NTR have raised EUR 390 million in committed capital and co-investment opportunity in the first close of the L&G NTR Clean Power Fund. This Fund would invest in clean power infrastructure assets across wind, solar and energy storage. The Fund is designed […] Read more
Goldwind Exceeds 100 GW Wind Turbine Installation Worldwide Updated On Wed, Apr 19th, 2023 by Saurenergy Chinese wind turbine manufacturer Goldwind has said that it has achieved the key milestone by exceeding 100 GW of global installed capacity recently. The feat is achieved through successful lifting of several wind power projects in Xinjiang, Inner Mongolia, Qinghai, Guangxi, Yunnan, Brazil, the United Arab Emirates, etc. Goldwind claims that it’s the first Chinese […] Read more
End of Nuclear Energy in Germany: What are the Fallouts? Updated On Wed, Apr 19th, 2023 by Saurenergy Germany recently announced the shutting down of its last nuclear power plants. From supplying nuclear power plant-based electricity to the grid for the first time, at Kahl in Bavaria in 1961, to now shutting down the last three in April 2023, Nuclear energy polarized people’s opinions and remained a point of debate for decades in […] Read more
Europe Slips Up, Again, On Meeting Climate Goals Updated On Thu, Apr 6th, 2023 by Saurenergy Two contrasting reports have dominated the renewable energy landscape of Europe this week: One, the European Union policymakers have agreed to double the renewable use by 2030 through massive RE installations. Two, a WindEurope report finds that Europe has invested lowest in offshore wind since 2009 in 2022, a mere EUR 17 billion in new […] Read more
With An Aim Of 40% Domestic Sourcing By 2030, European Commission Announces Net Zero Industry Act Updated On Fri, Mar 17th, 2023 by Saurenergy Following the Inflation Reduction Act in the US, India’s own PLI schemes and the Basic Customs Duty on Solar Imports, the European Commission is set to erect some protectionist fences at its borders too. Under the European Commission’s (EC) proposed Net Zero Industry Act, which seeks to accelerate the decarbonisation of the energy sector in […] Read more
Europe’s Solar Energy Surge: A Promising Solution Or Just A Palliative? Updated On Thu, Mar 16th, 2023 by Saurenergy Europe is in the middle of its biggest ever solar build out currently, as it seeks to build more solar capacity for every reason from more energy security to clean energy. But can solar deliver for Europe? Is it the panacea to energy security in the long term? Or is it doomed to over promise […] Read more
Belgian Solar Manufacturer Belinus to Build 5 GW Solar Module Facility in Belgium, Georgia Updated On Wed, Mar 15th, 2023 by Saurenergy Belinus, the Belgian solar manufacturer giant, will be constructing a 5GW solar PV module manufacturing facility in Belgium and Georgia. It said that the solar module factory will be operational by the end of 2025. Belinus held that the solar module factory will be developed in two phases. In the First Phase Belinus will build […] Read more
High Priced Power Portal Launched Formally To Tackle Summer Peaks Updated On Fri, Mar 10th, 2023 by Saurenergy As reported earlier by SaurEnergy, the formal start of the high priced power regime has been started to combat the summer peaks in power supply. For the record, India’s February power demand was an all time high. Launching the High Price Day Ahead Market and Surplus Power Portal (PUShP) – an initiative to ensure greater […] Read more
“What is important is the intent; Capability can be built”, Shilpa Urhekar, Sterling & Wilson Renewable Energy Updated On Tue, Mar 7th, 2023 by Saurenergy Shilpa Urhekar is one of those rare professionals in the solar sector who have seen the sector evolve from its tentative origins, when a MW-sized project was a milestone, to the current shift, when GW-sized ambitions are at par for the course. The former Indian Air Force squadron leader has been involved with establishing module […] Read more
