26% increase in Solar Power Generation in the U.S. in 2020 Updated On Thu, Apr 29th, 2021 by Saurenergy Solar power generation in the US has seen a massive increase in the last twenty years. According to data presented by Trading.Platforms.com, solar power generation in the US increased by 26% year on year in 2020, producing just under 91,000 Million Kilowatt Hours of solar thermal and photovoltaic (PV) power. The data shows that in the […] Read more
Biden Administration Selects 5 GW Mega Solar Project in Africa Updated On Thu, Apr 29th, 2021 by Saurenergy Mega Solar is a partnership between the Govts of Namibia and Botswana, and others, which is expected to generate up to 5 GW of solar power. US President Biden recently hosted a virtual Leaders Summit on Climate to catalyse global ambition to address the climate crisis. The Summit convened world leaders to galvanize efforts to […] Read more
Chinese Consortium to Invest and Finance 1.1 GW Solar Farm in Brazil Updated On Thu, Apr 29th, 2021 by Saurenergy The consortium of CDIL & CMEC have entered into a development agreement for the EPC and financing of a 1.1 GW solar project in Brazil The consortium of China Development Integration Limited (CDIL) and China Machinery Engineering Corporation (CMEC) has announced that they have entered into a development agreement in relation to the EPC+F (engineering, […] Read more
NYSERDA to repurpose former Benson mine into 20 MW solar plant Updated On Wed, Apr 28th, 2021 by Saurenergy Yesterday, Governor Andrew M. Cuomo, the 56th governor of New York State, announced a lease-option agreement for the first build-ready site in New York State, under which the New York State Energy Research and Development Authority (NYSERDA) will repurpose the formerly mined land in St. Lawrence County into one of the largest solar projects in […] Read more
US DOE to Issue $8.25 Bn in Loans to Enhance Transmission Nationwide Updated On Wed, Apr 28th, 2021 by Saurenergy The US DOE has announced the availability of up to USD 8.25 billion in loans for efforts to expand and improve the US transmission grid. In support of the Biden Administration’s commitment to modernise the nation’s power grid and infrastructure and deliver 100 percent clean energy to businesses and homeowners by 2035, the US Department […] Read more
New Consortium US-MAC aims to Raise CdTe PV Efficiency to 30% Updated On Tue, Apr 27th, 2021 by Saurenergy A timely response to the global need for clean energy has come from universities and research centres like Colorado State University (CSU), the Wright Center for Photovoltaics at the University of Toledo, and the National Renewable Energy Laboratory (NREL), as well as US-based commercial solar companies working with Cadmium Telluride (CdTe) thin-film solar panel manufacturing, which […] Read more
Pace of Renewables Deployment Must Grow by 5-7 Times by 2030: ETC Updated On Tue, Apr 27th, 2021 by Saurenergy The Energy Transitions Commission (ETC) has released a new report analysing the feasibility of achieving a net-zero greenhouse gas emissions (GHG) economy by 2050 and the actions required in the next decade to put this target within reach. The report Making Clean Electrification Possible: 30 years to electrify the global economy sets out why it is […] Read more
Sri Lanka’s WindForce Commences Trading on CSE above IPO Price Updated On Mon, Apr 26th, 2021 by Saurenergy On Thursday, Colombo-headquartered independent power producer WindForce Limited, commenced trading on the Main Board of the Colombo Stock Exchange (CSE) above its price of LRK 16/share after raising an initial public offering (IPO) for wind power projects in Sri Lanka and Senegal, amounting to LRK 3.2 Billion- the largest at the CSE since 2011- which attracted […] Read more
Mosaic Announces $1.5 Bn Loan Purchase Program for Residential Solar Projects Updated On Mon, Apr 26th, 2021 by Saurenergy Mosaic, the leading financing platform for U.S. residential solar and energy-efficient home improvement projects, today announced an additional multi-year loan purchase program for approximately $1.5 billion with a leading global investment firm. This investment builds on a separate $1.5 billion, multi-year loan purchase program with Congressional Bank announced by Mosaic on April 14. This gives Mosaic access […] Read more