IRENA and Pacific Community Announce Joint Efforts to Boost Recovery Updated On Fri, Nov 27th, 2020 by Saurenergy Two organisations will work closely to enhance policy, support project development, and attract investments to the Pacific The International Renewable Energy Agency (IRENA) and the Pacific Community (SPC) will work together to support Pacific island countries transition their energy systems to renewable energy sources as part of a drive support the post-pandemic recovery. With around 64 per […] Read more
UNDP and Invest India Identify 18 Investment Areas In SDG Map Updated On Thu, Nov 26th, 2020 by Saurenergy UNDP and Invest India have launched the SDG Investor Map for India, laying out 18 Investment Opportunities Areas (IOAs) in six critical SDG enabling sectors, that can help India push the needle forward on Sustainable Development. The partnership with UNDP India to develop the first-ever ‘SDG Investor Map for India’ will be an instrumental stride […] Read more
Renewables in APAC to be Cheaper Than Coal by 2030, Led by India Updated On Thu, Nov 26th, 2020 by Saurenergy A new report shows that most markets in the Asia Pacific (APAC) region can expect to see a cheaper levelised cost of electricity (LCOE) for renewables compared to coal by 2030. With India and Australia expected to lead the charge. The latest report by Wood Mackenzie tails that across the region, new investments in renewables […] Read more
ReneSola Power Announces Closing of Sale of 4.3 MW Solar Projects in the UK Updated On Wed, Nov 25th, 2020 by Saurenergy ReneSola Ltd (NYSE: SOL) (“ReneSola Power” or the “Company”), a leading fully-integrated solar project developer, today announced the closing of the sale of a portfolio of operating projects located in the United Kingdom to Atmosclear Investments Ltd, an European renewable energy and cleantech private equity group. The portfolio comprises 1,509 residential rooftop projects located in Scotland, with a combined […] Read more
Europe Proposes to Have 60 GW Offshore Wind Capacity by 2030, 300 GW by 2050 Updated On Mon, Nov 23rd, 2020 by Saurenergy The EC proposes to increase the offshore wind capacity in Europe from its current level of 12 GW to at least 60 GW by 2030 and to 300 GW by 2050. To help meet the EU’s goal of climate neutrality by 2050, the European Commission recently presented the EU Strategy on Offshore Renewable Energy. The […] Read more
IRENA and GWEC Enhance Cooperation to Scale Up Renewables Globally Updated On Sat, Nov 21st, 2020 by Saurenergy The International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) signed a cooperation agreement in order to join efforts aimed at increasing the adoption and deployment of wind and renewable energy worldwide. This agreement was signed by IRENA Director-General Francesco La Camera and GWEC CEO Ben Backwell on the occasion of the […] Read more
Association of Power Producers Request Financial Support From Finance Minister Updated On Fri, Nov 20th, 2020 by Saurenergy The Association of Power Producers recently wrote to the Minister of Finance highlighting the concerns of power debtors and extended litigations that have been egging the power sector The Association of Power Producers (APP) recently wrote to Minister of Finance, Nirmala Sitharaman, highlighting the concerns of power debtors and extended litigations that have been egging […] Read more
Potential Is Finally Meeting Reality in Solar Is Message From MNRE Meet Updated On Wed, Nov 18th, 2020 by Saurenergy In a sort of curtain raiser to the Re-Invest 2020 or the 3rd Global Renewable Investors’ meet scheduled from November 26-28, key stakeholders in the renewable energy domain discussed India’s market prospects today. The Re-invest event is organized by the MNRE, Government of India and Confederation of Indian Industry (CII), with a focus on providing […] Read more
Australia’s Leanings Towards Battery Storage Over New Transmission Updated On Wed, Nov 18th, 2020 by Saurenergy It is no secret that power distribution firms worldwide are considering energy storage options in a big way to augment or even defer investments in transmission system updates. Part of the reason is the higher share of intermittent renewable energy, but another is simply the variable nature of power demand, where a network can be […] Read more