US Renewable Energy Consumption to Increase 4% Annually Updated On Thu, Dec 19th, 2019 by Saurenergy The consumption of renewable energy is set to increase by 4 percent annually in volume terms through 2024, according to a new report by the Freedonia Focus Reports The consumption of renewable energy is set to increase by 4 percent annually in volume terms through 2024, according to a new report. Renewable Energy: United States, […] Read more
Sembcorp to Increase Stake in Sembcorp Energy India Limited to 100% Updated On Thu, Dec 5th, 2019 by Saurenergy Sembcorp Utilities has entered into a non-binding term sheet with its local Indian partner to acquire the remaining 5.95% stake in Sembcorp Energy India Ltd Sembcorp Industries has announced that its wholly-owned subsidiary Sembcorp Utilities has entered into a non-binding term sheet with its local Indian partner, Gayatri Energy Ventures, a wholly-owned subsidiary of Gayatri […] Read more
Could Solar Energy power Indian homes for free? Updated On Sat, Nov 30th, 2019 by Saurenergy Imagine running all your electricity-hungry home appliances and devices at home as much as you want and paying zero or near-zero electricity bill. This is already an accepted way of life for many people in Germany, a handful of American states, and a few other countries around the world where electricity tariffs have not just […] Read more
AC Energy Launches $400 mn Fixed for life Green Bond Updated On Fri, Nov 29th, 2019 by Saurenergy AC Energy has successfully set the terms of its senior perpetual fixed-for-life green bond issuance at an aggregate principal amount of USD 400 million Ayala Corporation’s energy platform, AC Energy has announced that it has successfully set the terms of its inaugural US dollar-denominated senior perpetual fixed-for-life (non-deferrable) green bond issuance at an aggregate principal […] Read more
Ørsted to Fully Integrate Lincoln Clean Energy as Ørsted Onshore Updated On Thu, Nov 28th, 2019 by Saurenergy Ørsted has announced that a decision has been made to fully integrate Lincoln Clean Energy into Ørsted and to rebrand it as Ørsted Onshore. Since Ørsted’s acquisition of Lincoln Clean Energy (LCE) in October 2018, the business has made significant progress reinforcing its position in the North American market for onshore renewables. LCE has commissioned […] Read more
European Offshore Wind Energy Goals are Achievable: Report Updated On Wed, Nov 27th, 2019 by Saurenergy The European Commission’s big goals for offshore wind, between 230 and 450 GW by 2050 are achievable provided right investments and spatial planning A new report has predicted that the European Union (EU) Commission’s big goals for offshore wind – between 230 and 450 GW by 2050 – are achievable provided the right investments in […] Read more
India’s Wind Energy Sector Enters A Slump Formally, As 2.4 GW of NTPC Auctions at Risk Updated On Wed, Nov 27th, 2019 by Saurenergy If the poor response to the August tender for 1200 MW was not enough, comes the news that even the 1200 MW tender of NTPC in August last year has run into serious trouble. The tender, which had received bids ranging from Rs 2.77 to Rs 2.83 from developers including Renew Power, Hero Future Energies, […] Read more
Shtigen Energy Commissions Armenia’s Largest Commercial PV Project Updated On Tue, Nov 19th, 2019 by Saurenergy Shtigen Energy Systems, one of the leading EPC’s in Armenia, has recently commissioned Armenia’s largest commercial solar power station named ArSun. Furthermore, the 2 MW (AC) photovoltaic (PV) plant, with 2.2 MW (DC) PV panels installed, will supply power to Hrazdan community. This project used latest PV technologies including peak shaving, bifacial half-cut cells etc. […] Read more
BRICS Nations Urged to Adapt Fiscal Policies to Clean Energy Transition Updated On Wed, Nov 13th, 2019 by Saurenergy Governments receiving revenue from fossil fuels will see a sudden gap in budgets if they don’t adapt their fiscal policy to the clean energy transition A new report has warned that if governments receiving a lot of revenue from fossil fuels—whether through their consumption or production—will see a sudden gap in their budgets if they […] Read more