After Slow Down, Tesla Restarts Solar Business With Rental Plans Updated On Mon, Aug 19th, 2019 by Saurenergy Tesla is trying to spark its solar-panel business by letting consumers rent rooftop systems rather than buy them from the company at no upfront cost Tesla is trying to spark its solar panel business by letting consumers rent rooftop systems rather than buy them. Tesla Inc. CEO Elon Musk announced the offering in a series of […] Read more
Renewable Energy Projects Accounted for 80% of all Energy Financing in 2018 Updated On Fri, Aug 16th, 2019 by Saurenergy A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in 2018 A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in India last year, while financing for coal-fired power […] Read more
Scientists Discover Key Factors in How Some Algae Harness Solar Energy Updated On Wed, Aug 14th, 2019 by Saurenergy Scientists have discovered how diatoms – a type of algae that produce 20 percent of the Earth’s oxygen – harness solar energy for photosynthesis. The Rutgers University-led discovery, published in the journal Proceedings of the National Academy of Sciences, could help lead to more efficient and affordable algae-based biofuels and combat climate change from fossil fuel burning. […] Read more
Macquarie to Acquire 40% of Iberdrola’s 714 MW Scottish Offshore Wind Farm Updated On Tue, Aug 13th, 2019 by Saurenergy Macquarie Green Investment Group has entered into an agreement to acquire a 40% stake in the East Anglia ONE offshore wind farm from Iberdrola Macquarie Green Investment Group (GIG) has entered into an agreement, subject to the satisfaction of customary completion conditions, to acquire a 40 percent stake in the East Anglia ONE (EA1) offshore […] Read more
As Farmers Switch to Solar Pumps, Experts Fear Groundwater Exploitation Updated On Mon, Aug 12th, 2019 by Saurenergy Though the off-grid solar pumps have made life easy for farmers in many villages across India, many fear they are likely to lead to over-exploitation of groundwater. In Maharashtra’s Jalgaon village, many farmers spend sleepless nights to irrigate their fields, as power for irrigation isn’t available during the daytime for 15 days a month, but Dattaji […] Read more
India Will Raise Import Duty on Solar Equipment Soon: R K Singh Updated On Fri, Aug 9th, 2019 by Saurenergy India will increase import duty on solar equipment to encourage domestic industry in the coming years, Power Minister R K Singh said. India will increase import duty on solar equipment to encourage domestic industry in the coming years, Power Minister R K Singh said. He also announced that a storage policy will be unveiled soon which […] Read more
Ørsted Reports Strong Numbers for First Half of 2019 Updated On Fri, Aug 9th, 2019 by Saurenergy Ørsted has achieved an operating profit of USD 1.32 billion in first half of 2019, up 2% and on track to deliver its full-year guidance. Wind Major Ørsted’s Board of Directors approved the interim report for the first half year (H1) of 2019. The firm revealed that it has achieved an operating profit (EBITDA) of […] Read more
Macquarie to Acquire 400 MW Offshore Wind Farm in North Sea Updated On Thu, Aug 8th, 2019 by Saurenergy Macquarie Infrastructure and Real Assets has agreed to acquire the 400 MW wind farm BARD Offshore 1, from Unicredit. Macquarie Infrastructure and Real Assets (MIRA), via a Macquarie European Infrastructure Fund 5 led consortium, has agreed to acquire Ocean Breeze Energy, the owner of North Sea wind farm BARD Offshore 1, from Unicredit. The 400MW […] Read more
Diageo Commits to a Renewable Future in Africa Updated On Tue, Aug 6th, 2019 by Saurenergy Diageo will invest GBP 180 million in renewable energy resources across its sites in Africa to ensure that it breweries are carbon and water-efficient British multinational alcoholic beverages company, Diageo has announced that it will invest GBP 180 million in renewable energy resources across its sites in Africa to ensure that it breweries are the […] Read more
