Great First Three Months of 2021: Installed Wind Power in U.S. up by 40% Updated On Tue, May 18th, 2021 by Saurenergy The American Clean Power Association (ACP) released its Clean Power Quarterly Market Report last week, which shows that U.S. project developers installed nearly 40% more wind power in the first three months of 2021 than in the first three months of 2020, the strongest year ever for clean power. This amount of development also represents nearly […] Read more
U.S. Added 2.5 GW of Wind, 1.2 GW of Solar, 100 MW of Storage in Q1 Updated On Mon, May 17th, 2021 by Saurenergy U.S. added 2,500 MW of wind, 1,200 MW of utility-scale solar, 100 MW of battery storage in first three months of the year The Clean Power Quarterly Market Report, released today by the American Clean Power Association (ACP), shows that U.S. project developers installed nearly 40 percent more wind power in the first three months of 2021 […] Read more
Leading CEO’s Ask Newsom to Dedicate $500 Mn in Hydrogen Infrastructure Funds Updated On Mon, May 17th, 2021 by Saurenergy Executives of Major Energy Companies Point to Public Sector Support to Bolster Millions in Private Sector Investment In a letter to Governor Gavin Newsom, executives of 25 multi-national companies today called for major new investments in hydrogen infrastructure in the Golden State. “At this still early stage in market development, the signal California sends on […] Read more
Members to Expand Cross-border Interconnections as Shares of Renewables Grow: IRENA Updated On Mon, May 17th, 2021 by Saurenergy According to IRENA’s World Energy Transitions Outlook, to achieve climate goals, global electricity generation must expand three-fold by 2050, making grid flexibility exceptionally important as countries race to reduce emissions. Cross-border interconnection represents one of the key solutions to dealing with the variability of renewable power and grid stability issues. This topic was the focus […] Read more
Hyundai Motor Group to Invest $7.4 billion in U.S. EV industry by 2025 Updated On Fri, May 14th, 2021 by Saurenergy In a press release yesterday, Hyundai Motor Group (HMG), comprising Hyundai Motor Company and Kia Corporation, announced its plan to invest $7.4 billion in the U.S. by 2025 to produce future EVs, enhance production facilities and further its investments in smart mobility solutions. The group’s investment will enhance overall product competitiveness by prioritising future mobility technologies, […] Read more
Transmission Policy Would Unlock Clean Energy Growth: ACEG Updated On Wed, May 12th, 2021 by Saurenergy Building just 22 high-voltage transmission lines that are currently on hold in the US could increase national wind & solar generation by 50% Building just 22 high-voltage transmission lines that are currently on hold in the US could increase national wind and solar generation by 50 percent and create approximately 1.2 million jobs, according to […] Read more
Repsol Starts Construction of Delta II, Its Largest Renewable Project at 860 MW Updated On Tue, May 11th, 2021 by Saurenergy Repsol has begun construction of Delta II, the company’s largest renewable project to date. Once com-pleted, it will have a total capacity of 860 MW distributed over 26 wind farms located in the region of Ara-gon in northeastern Spain. In the first construction stage, Repsol has begun work on two wind farms, La Cometa I […] Read more
England To Favour Domestic Manufacturers For Wind Subsidies Updated On Tue, May 11th, 2021 by Saurenergy The British Government will not allow subsidies for offshore wind development projects that do not use components made and supplied by UK based manufacturers. The new rules are likely for projects larger than 300 MW. Prime Minister Boris Johnson has announced plans to grow UK offshore wind generation to 40GW by 2030, with an additional […] Read more
SunPower Releases “Solid” Financial Results for Q1 2021 Updated On Mon, May 10th, 2021 by Saurenergy SunPower, a California-headquartered solar power generation and energy storage company, has released its financial results for the first quarter of 2021 ended April 4, 2021. The company’s GAAP revenue increased from $290.5 millions in Q1 2020 to $306.4 millions in Q1 2021. GAAP loss decreased by $57.6 million, including $44.7 million related to a mark-to-market loss […] Read more
