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
EDP Renewables Gets PPA for 490 MW in Colombia Auctions Updated On Fri, Oct 25th, 2019 by Saurenergy EDP Renewables has secured two 15-year PPA at the recent renewable auction organised by the Colombian Government. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has secured two 15-year Power Purchase Agreements (PPA) at the recent renewable auction organised by the Colombian Government. […] 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
Solar Manufacturing in India Updated On Thu, Oct 24th, 2019 by Saurenergy Global Overview Globally, over 100 GW of PV capacity was installed in 2018, with China continuing to take the lead, as it added 45 GW of capacities during the year. Other countries to install large solar capacities included Europe, the U.S. and India. China is also the world’s largest producer of solar cell/module, followed by […] 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
Botswana Becomes Member of International Solar Alliance Updated On Tue, Oct 22nd, 2019 by Saurenergy On the occasion, IIPA also inked the Memorandum of Understanding (MoU) with the ISA for capacity-building of its member countries in the area of climate change adaptation and mitigation under ITEC-programme of Ministry of External Affairs. South African country Botswana has become the member of the India-headquartered International Solar Alliance (ISA) after signing the ISA […] Read more
Acciona Acquires 4 GW Solar Plus Storage Projects in the US Updated On Tue, Oct 22nd, 2019 by Saurenergy Acciona will acquire a portfolio of solar projects worth 3,000 MW and an additional 1.000 MW in battery storage from Tenaska in the US Spanish infrastructure and renewable energy conglomerate, Acciona has announced that it has signed an agreement with the US-based company Tenaska to acquire a portfolio of solar PV projects in seven states […] Read more
Asia Could Become the Dominant Market for Wind Energy: IRENA Updated On Mon, Oct 21st, 2019 by Saurenergy Asia could grow its share of installed capacity for onshore wind from 230 GW in 2018 to over 2600 GW by 2050, becoming the global leader in the segment Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report […] Read more
EDPR, Aker Solutions to Develop 500 MW Floating Wind Farm in S Korea Updated On Sat, Oct 19th, 2019 by Saurenergy WindPower Korea, EDPR and Aker Solutions have formed a consortium to develop an initial 500 MW floating wind farm off the coast of South Korea WindPower Korea, EDP Renewables (EDPR) and Aker Solutions have formed a consortium with the ambition to develop an initial 500 MW floating wind farm off the coast of Ulsan Metropolitan City […] Read more