APAC now the World’s Largest Wind Turbine Manufacturing Hub: GWEC Updated On Thu, Jul 9th, 2020 by Saurenergy A new analysis has revealed that the Asia Pacific (APAC) has now become the world’s largest wind turbine manufacturing hub after a decade of development. A new analysis has revealed that Asia Pacific (APAC) remained a strong manufacturing hub for wind turbine OEMs with record-high supply-side deliveries. It adds that although most Asian suppliers have […] Read more
Nearly 14 GW of Wind Turbine Capacity Ordered Globally in Q1 2020: WoodMac Updated On Thu, Jul 9th, 2020 by Saurenergy Q1 2020 saw nearly 14 GW of wind turbine capacity ordered globally, the second-highest first quarter on record, and equates to USD 13.4 billion. The first quarter (Q1) of 2020 saw nearly 14 GW of wind turbine capacity ordered globally. This is the second-highest first quarter on record and equates to an estimated USD 13.4 […] Read more
Top 15 Wind Asset Owners Account for 1/3rd of Global Wind Capacity: GWEC Updated On Thu, Jun 18th, 2020 by Saurenergy After nearly four decades of wind project development, wind power now plays a central role in energy portfolio planning in a growing number of countries. Now, it is no longer local citizens, but utilities, IPPs as well as commercial and industrial enterprises that drive wind farm development globally. In GWEC Market Intelligence’s most recent update […] Read more
RK Singh Unveils Real Time Market in Electricity; India Now in Few Global Markets Updated On Wed, Jun 3rd, 2020 by Saurenergy Power and New & Renewable Energy Minister RK Singh have launched the pan-India Real-Time Market (RTM) in electricity, placing India amongst a league of few electricity markets in the world having such system. RK Singh has launched the RTM through video conference in New Delhi, on Wednesday. On explaining the significance of the RTM, RK […] Read more
Renewables Increasingly Cheaper Than new Fossil Fuels Based Capacity: IRENA Updated On Wed, Jun 3rd, 2020 by Saurenergy Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by IRENA finds. Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half […] Read more
63 GW new Wind Capacity Added in 2019; Vestas top Supplier: GWEC Updated On Thu, May 28th, 2020 by Saurenergy According to a new report, 22,893 wind turbines were installed globally in 2019 produced from 33 suppliers and accounting for over 63 GW of capacity. The Global Wind Energy Council (GWEC) has published the second edition of its annual ‘Supply-Side Analysis 2019’ report on its market intelligence platform. According to the report, 22,893 wind turbines […] Read more
Solis to Raise $100 M and Double Production Capacity to 20 GW Updated On Fri, May 15th, 2020 by Saurenergy Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million (~700 million Chinese Yuan), through a non-public offering to finance the expansion of […] Read more
3.35 GW of Wind Capacity Auctioned in the Q1 2020; 1.2 GW in India Updated On Fri, May 15th, 2020 by Saurenergy GWEC has published its first quarter wind auction database, reporting that a total of 3.35 GW of wind power capacity was auctioned in the period. The Global Wind Energy Council (GWEC) has published its first quarter wind auction database under its Market Intelligence’s services. The database reveals that from January to April 2020, a total […] Read more
Vivint Solar Adds $50 Mn Capacity to Tax Equity Commitments Updated On Sat, May 2nd, 2020 by Saurenergy Vivint Solar has announced it has secured additional tax equity commitments of USD 50 million from a repeat tax equity investor. Vivint Solar, a leading full-service residential solar provider in the United States, has announced it has secured additional tax equity commitments of USD 50 million from a repeat tax equity investor. This commitment will support further investments in leases […] Read more