Global Access to Electricity is Growing, but Falling Short of Sustainable Energy Goals Updated On Thu, May 23rd, 2019 by Saurenergy Despite significant progress in recent years, the world is falling short of meeting the global energy targets set in the United Nations Sustainable Development Goals (SDG) for 2030. Ensuring affordable, reliable, sustainable and modern energy for all by 2030 remains possible but will require more sustained efforts, particularly to reach some of the world’s poorest […] Read more
Vestas Launches New Turbine Targeting Cheaper US Wind Farms Updated On Wed, May 22nd, 2019 by Saurenergy Danish wind energy major, Vestas has launched a new wind turbine with aims to meet the market constraints and reduced LCoE demands of the US wind power sector. Following the launch of the EnVentus platform in January, including the V162-5.6 MW and V150-5.6 MW turbines, the company introduced the V138-3.0 MW turbine. Based on the […] Read more
The Case for the benefits of Rooftop Solar for Discoms Updated On Tue, May 21st, 2019 by Saurenergy Energy and environment think tank, The Energy and Resources Institute (TERI) recently published an article highlighting the positive impact rooftop solar can have on the countries struggling discoms, which have arguably been among the leading causes for the slow adoption of solar rooftop solutions. India has committed to 175 GW of Renewable Energy by 2022. […] Read more
Missing The Sunshine – Mini Grids in India Updated On Tue, May 21st, 2019 by Saurenergy Even as the solar story develops in India, there is a part of the sector that has quietly been working and making an impact in its own way. Yes, Mini Grids and even micro grids, in the limited opportunities they have had in the country, have made a strong case for themselves. Serving areas that […] Read more
Canadian Solar Arm Sells 134 MW Solar Plant to Goldman Sachs Updated On Sat, May 18th, 2019 by Saurenergy This transaction completes Recurrent Energy’s sale of equity stakes in the 973 MW portfolio of California solar projects that came online in 2016. Canadian Solar one of the world’s largest solar power companies, today announced its wholly owned subsidiary Recurrent Energy has sold its equity stake in the 134 MW Mustang solar project to the Renewable Power Group […] Read more
Clearway Energy Begins Work on 419 MW Texas Wind Farm Updated On Tue, May 14th, 2019 by Saurenergy San Francisco-based clean energy group, Clearway Energy Group has announced that it has closed financing and commenced construction on Mesquite Star, a 419 MW wind farm in Fischer and Nolan counties in Texas. Mizuho Bank of Japan led the group of banks including KeyBank, MUFG, and Santander, that will provide a loan to finance the […] Read more
Global Energy Investment Stabilised in 2018 with Oil & Coal Supply Bouncing Back Updated On Tue, May 14th, 2019 by Saurenergy A new report has revealed that the global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables. The International Energy Agency’s latest annual review, published in its World Energy Investment Report 2019, reported a […] Read more
EBRD to Invest $100Mn in Turkish Renewable Firm Updated On Mon, May 13th, 2019 by Saurenergy With EBRD funds, the company plans to invest in wind farms and solar projects with a combined capacity of up to 250MW. In a new boost to Turkey’s renewable energy sector, the European Bank for Reconstruction and Development (EBRD) is investing US$ 100 million in a stake of Ictas Surdurulebilir Enerji Yatirimlari (Ictas Energy), the […] Read more
Decline In Wind Growth Puts German and EU Renewable Targets at Risk Updated On Fri, May 10th, 2019 by Saurenergy The growth of onshore wind energy is collapsing in Germany, jeopardizing both the German and EU renewables targets. Germany installed just 134 MW of new onshore wind farms in the first quarter of 2019 – the country’s worst first quarter for onshore installations since 2000. And is likely to install a total of just 1-2 […] Read more
