IFC and Rockefeller Foundation to Co-finance RE Development in Africa Updated On Thu, Jun 17th, 2021 by Saurenergy The International Finance Corporation, the private sector arm of the World Bank Group, and The Rockefeller Foundation (RF) yesterday announced a new partnership to finance renewable energy development in Sub-Saharan Africa and some other regions. The joint venture aims to deploy $150 million of RF’s catalytic capital in blended finance to mobilize up to $2 […] Read more
Will 2021 be The Year Solar Saves California? Updated On Wed, Jun 16th, 2021 by Saurenergy California— the largest U.S. state, home to 1/8th of the country’s population, and responsible for 14% of national GDP — is experiencing one of its most challenging droughts this year. The state had earlier experienced the biggest wildfire season recorded in its modern history in 2020, which is one reason being blamed for the adverse […] Read more
String Of Awards Recognise Solis at SNEC 2021 in China Updated On Wed, Jun 16th, 2021 by Saurenergy Global string inverter major Solis received multiple awards at the International Photovoltaic Power Generation and Smart Energy Conference & Exhibition held at the 15th SNEC (2021), which concluded on June 5 in Shanghai, China. The company said that its innovative high current and high power inverters showcased the high quality customer experience, besides economical and reliable […] Read more
Impact of Global Shift of Funds Away From Fossil Fuels on India: IEEFA Updated On Tue, Jun 15th, 2021 by Saurenergy The International Energy Agency’s (IEA) Net Zero Emissions (NZE) roadmap by 2050 is compatible with the Paris goal of restricting the temperature increase to below 1.5 degree Celsius. As per the NZE roadmap, the use of unabated fossil fuels declines sharply to just over a fifth of the total energy supply. More than two-thirds of […] Read more
Vestas Wins 108 MW Wind Turbine Projects in Poland Updated On Mon, Jun 14th, 2021 by Saurenergy Danish wind turbine manufacturer Vestas Wind Systems A/S has secured orders for manufacturing wind turbines from global independent fund manager DIF Capital Partners for four projects in Poland, all awarded in Poland’s second auction round from 2019, cumulatively totalling 108 MW in capacity. The four projects are Pruszcz (70 MW), Markowice (26 MW), Piaski (8 MW) and […] Read more
GE Renewable to Dismantle Decommissioned Wind Turbines in Germany Updated On Mon, Jun 14th, 2021 by Saurenergy California-based GE Renewable Energy and German company Neowa GmbH have signed an MoU for a multi-year agreement to dismantle decommissioned Germany-based onshore wind turbines and recycle a variety of components—including blades—during partial and full repowering, contributing to the lifecycle circularity of the wind industry. The companies will also jointly explore the potential to expand Neowa’s unique […] Read more
Methane Could be a Greater Source of Power In US Updated On Fri, Jun 11th, 2021 by Saurenergy Natural gas is an important source of power in the United States. An estimated 300,000 miles of pipeline transport natural gas across the country, while thousands of gathering, processing, and storage facilities prepare and store the gas for end users. One of the natural gases, Methane (CH4) is studied and proven to be 80 times […] Read more
First Solar to Expand Its US Manufacturing Capacity by 3.3 GW Updated On Thu, Jun 10th, 2021 by Saurenergy The leading American manufacturer of solar panels and PV power plants, First Solar Inc. has announced its plans of expanding its American domestic photovoltaic (PV) solar manufacturing capacity by 3.3 GWDC (gigawatt direct current) annually, with an investment of USD 680 million. This investment is representing an implied capital expenditure of approximately USD 0.20 per […] Read more
Forsee Power Starts Light EV Battery Production In India Updated On Mon, Jun 7th, 2021 by Saurenergy European multinational producer of smart lithium-ion electric vehicle (EV) battery systems, Forsee Power, that entered the Indian market in 2020, has begun the production of a series of EV batteries for electric two and three-wheelers at its Pune plant. As a manufacturer and supplier of energy management systems in Europe, Asia, and North America, Forsee […] Read more
