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
Blackrock and GE Backed Firm Raises $250 mn to Fund Distributed Solar Projects Updated On Fri, Oct 25th, 2019 by Saurenergy DSD, the business-backed by BlackRock and GE Renewable Energy, has announced the closing of a USD 250 million fund to invest in future solar projects Distributed Solar Development (DSD), the business-backed by BlackRock Real Assets’ Global Renewable Power platform and GE Renewable Energy, has announced the closing of a USD 250 million fund financed by […] Read more
Total Wins 32 MW Rooftop Solar and Wind Projects in Latest French Auctions Updated On Fri, Oct 25th, 2019 by Saurenergy Total Quadran has won 32 MW of rooftop solar and wind projects during the recent call for tenders by the French Energy Regulatory Commission. Total continues to actively contribute to the growth of solar and wind power in France, with its affiliate Total Quadran winning 32 MW of new rooftop solar and wind power projects […] Read more
Project Monitoring Committee at Ministry Could Fast-Track Project Implementation: Ved Mani Tiwari Updated On Thu, Oct 24th, 2019 by Saurenergy The government has introduced an online system for seeking forest clearance that has been very beneficial in securing this critical clearance. To streamline state level clearances for transmission projects, the appointment of a nodal officer at the state level could be very helpful. Similarly, having a Project Monitoring Committee at Power Ministry level for a […] Read more
Storage Subsidies. With or Without Renewables? Updated On Thu, Oct 24th, 2019 by Saurenergy The Award of the Nobel Prize in Chemistry to three scientists who have played a key role in the development and commercialisation of Lithium storage batteries, is a true indicator of the critical role of storage today. More so at a large scale now. The changes happening on the Energy storage subsidy front in the […] Read more
New York Finalises Contracts for 1700 MW Offshore Wind Projects Updated On Thu, Oct 24th, 2019 by Saurenergy NYSERDA has finalised contracts with Equinor and Sunrise Wind (Ørtsed and Eversource) to deliver 1700 MW of offshore wind energy to New York. Governor of New York, Andrew M. Cuomo has announced that the New York State Energy Research and Development Authority (NYSERDA) has finalised contracts with Equinor Wind US for its 816 MW – […] Read more
Growth of Renewables Could Boost Green Hydrogen Production: Report Updated On Wed, Oct 23rd, 2019 by Saurenergy The production of green hydrogen could compete with fossil fuel-based hydrogen by 2030 in certain countries, should power prices for renewables reach USD 30 per MWh A new report has revealed that the production of green hydrogen could compete with fossil fuel-based hydrogen by 2030 in Australia, Germany and Japan, should power prices for renewables reach USD […] Read more
Masdar Wins With 100 MW Bid for 1st PPP Solar Project in Uzbekistan Updated On Wed, Oct 23rd, 2019 by Saurenergy Masdar has announced that it is the winning bidder to develop the first PPP solar project under the IFC Scaling Solar programme in Uzbekistan Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, has announced that it is the winning bidder to develop the first public-private partnership (PPP) […] Read more
EV Connect Secures $12 mn in Funding Led by Japan’s Mitsui Updated On Wed, Oct 23rd, 2019 by Saurenergy EV Connect, which has developed cloud-based solutions to expand the world’s EV charging ecosystem, has secured USD 12 million in funding led by Mitsui EV Connect has announced that it has closed a USD 12 million Series B funding round. Lead investors, Mitsui and Ecosystem Integrity Fund, are joined by other venture investors to support […] Read more
