Germany Approves NECP, Targeting 30% Renewable Energy by 2030 Updated On Mon, Jun 15th, 2020 by Saurenergy The Germany Government has finally approved its 2030 National Energy and Climate Plan (NECP), aiming for 30 percent renewable energy by 2030. The Germany Government, just 20 days ahead of its EU Council Presidency starting in July, has finally approved its 2030 National Energy and Climate Plan (NECP). The country has also adopted a new […] Read more
Growatt Third Behind SolarEdge, SMA in Single Phase Inverter Shipments Updated On Fri, Jun 12th, 2020 by Saurenergy Growatt with 11% market share of single-phase inverters in 2019, finished in the third-place in the PV Inverter Market Tracker by IHS Markit. Growatt, a leading Chinese manufacturer of PV string inverters took over 11 percent market share of single-phase inverters worldwide in 2019, coming in the third-place after SolarEdge and SMA according to PV […] Read more
Ford and VW Sign Agreements for Joint Projects Including EVs Updated On Thu, Jun 11th, 2020 by Saurenergy Ford and Volkswagen AG (VW) have signed agreements that expand their global alliance by agreeing to work on joint projects including EVs Two of the leading global automobile manufacturers, Ford and Volkswagen AG (VW) have announced they have signed agreements that expand their global alliance to meet rapidly evolving needs of their respective customers in […] Read more
CRISIL Report on The New Power Couple in Town Updated On Thu, Jun 11th, 2020 by Saurenergy As the government continues to focus on increasing the share of renewable energy in the country, nearly 15,000 MW of wind-solar hybrid capacity is expected to come up over the next five years, a new report by CRISIL has revealed. Out of this 15,000 MW, works on nearly 10,000 MW are already either under construction or […] Read more
India to add 15 GW of Wind-Solar Hybrid Power Over Next 5 Years: CRISIL Updated On Thu, Jun 11th, 2020 by Saurenergy In its new report, CRISIL takes a look at wind-solar hybrid (WSH) projects in India, which it estimates will reach 15 GW capacity over the next 5 years. In its new report, ratings and research agency CRISIL has looks the case of wind-solar hybrid (WSH) projects in India. A segment that it believes is fast […] Read more
After Total SA, More Foreign Investors Seeking Adani Partnership: Gautam Adani Updated On Wed, Jun 10th, 2020 by Saurenergy After Total SA, more foreign investors have shown interest in partnering Adani group in its renewable energy business, chairman Gautam Adani has said After French energy major Total SA, more foreign investors have shown interest in partnering Adani group in its renewable energy business, chairman Gautam Adani said recently. In April, Total had invested around […] Read more
EIB Grants €450 Mn Credit Line for 497 MW Offshore Wind Farm Updated On Tue, Jun 9th, 2020 by Saurenergy EIB has granted a EUR 450 million credit line to a consortium of EDF, Enbridge and wpd to co-finance the construction of 497 MW Fecamp offshore wind farm. The European Investment Bank (EIB) has announced that it has granted a EUR 450 million credit line to a consortium made up of EDF Renouvelables, Enbridge and […] Read more
Equinor Investing More in RE Projects Than all Other Oil Majors Combined Updated On Mon, Jun 8th, 2020 by Saurenergy More than half (55%) of the investments made by global oil majors in renewable energy projects are expected to be invested by a single company – Equinor. Investments in solar and wind (RE) energy projects by the world’s major oil majors until 2025 are expected to exceed USD 18 billion, a new analysis by Rystad […] Read more
Europe’s Wind & Solar Installations Will Need Grid Flexibility to Succeed: WoodMac Updated On Fri, Jun 5th, 2020 by Saurenergy A combination of wind and solar power, otherwise known as Variable Renewable Energy (VRE), could make up the largest share of power capacity throughout Europe’s major markets – Great Britain, Germany, France, Italy and Spain – as early as 2023, according to a new analysis from Wood Mackenzie. And the success of Europe’s transition to […] Read more