Ørsted to Build its 1st Solar Energy Plus Storage Facility in Texas Updated On Thu, Nov 14th, 2019 by Saurenergy Ørsted has commenced construction on its first utility-scale solar plus battery storage project, the 460 MW Permian Energy Center in Andrews County, Texas. The leading developer of Offshore wind energy projects globally, Ørsted has announced recently that following final investment decision from its Board of Directors it has commenced construction on the company’s first utility-scale solar […] Read more
Africa at the Centre of Global Energy Transition Until 2040: IEA Updated On Fri, Nov 8th, 2019 by Saurenergy Africa is set to play a key role in shaping the global energy transition as it undergoes the largest process of urbanisation the world has ever seen. Africa is set to become increasingly influential in shaping global energy trends over the next two decades as it undergoes the largest process of urbanisation the world has […] Read more
Apple led Consortium to Purchase Wind Energy in Texas Updated On Wed, Nov 6th, 2019 by Saurenergy Apple, eBay, Samsung, and Sprint have announced a joint agreement to purchase power from a new wind farm developed by Apex Clean Energy in Texas Apple, eBay, Samsung, and Sprint have announced a joint agreement to purchase power from a new wind farm owned and developed by Apex Clean Energy in Texas. The transaction—spearheaded by […] Read more
CCI Approves Abu Dhabi Future Energy Stake Buy in Hero Future Energies Updated On Thu, Oct 31st, 2019 by Saurenergy CCI has given its nod under the green channel route to Masdar for acquiring an equity stake in Hero Future Energies The Competition Commission of India (CCI) has given its nod under the green channel route to Abu Dhabi Future Energy Company (Masdar) for acquiring an equity stake in Hero Future Energies Global Ltd. Besides, […] Read more
India, Saudi Arabia ink Renewable Energy Agreement Updated On Wed, Oct 30th, 2019 by Saurenergy India and Saudi Arabia have signed 12 MoUs and agreements in key sectors including renewable energy, security cooperation, and civil aviation. India and Saudi Arabia have signed 12 MoUs and agreements in key sectors including renewable energy, security cooperation, defence industries collaboration, and civil aviation. The agreements were signed in the presence of Prime Minister Narendra […] Read more
Offshore Wind to Grow 15-Fold and Attract $1 Trillion in Investments by 2040 Updated On Mon, Oct 28th, 2019 by Saurenergy A new report finds that global offshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040. A new report has predicted that offshore wind power will grow impressively over the next two decades, boosting efforts to decarbonise energy systems and reduce air pollution as it becomes a growing […] Read more
Wind & Solar With Storage to Ease Energy Transition in Australia Updated On Wed, Oct 23rd, 2019 by Saurenergy Growth of renewables has changed the market dynamics of the electricity system in Australia, and stakeholders now prefer Battery storage-backed wind and solar farms The growth of variable renewable energy and distributed energy resources has changed the market dynamics of the electricity system in Australia. To meet the increasing demand for power in the country […] Read more
CEEW Report on Greening New Pastures for Green Investments Updated On Thu, Oct 10th, 2019 by Saurenergy Large-scale mobilisation of green capital for investment and innovation in low-carbon energy solutions is the main holdout against a clean energy transition in emerging economies, according to an independent study released by the CEEW Centre for Energy Finance (CEEW-CEF). More than USD 200 trillion worth of assets are under management in the world’s pension funds, insurance firms and […] Read more
Securing Affordable, Clean Energy a Top Agenda for India: Petroleum Minister Updated On Fri, Oct 4th, 2019 by Saurenergy Dharmendra Pradhan has said that securing affordable and clean energy tops agenda of “vulnerable” importing nations like India, amid Saudi Oil attacks With the biggest attack ever on the Saudi oil industry creating volatility in the market, Petroleum Minister Dharmendra Pradhan has highlighted that securing affordable and clean energy tops agenda of “vulnerable” importing nations […] Read more