England To Favour Domestic Manufacturers For Wind Subsidies Updated On Tue, May 11th, 2021 by Saurenergy The British Government will not allow subsidies for offshore wind development projects that do not use components made and supplied by UK based manufacturers. The new rules are likely for projects larger than 300 MW. Prime Minister Boris Johnson has announced plans to grow UK offshore wind generation to 40GW by 2030, with an additional […] Read more
ACWA Power Achieves Financial Close on 100 MW CSP Plant in South Africa Updated On Tue, May 11th, 2021 by Saurenergy ACWA Power has announced the commencement of construction on the 100 MW Redstone CSP project following the achievement of financial close. ACWA Power, a leading Saudi developer and the lead shareholder in the Redstone concentrated solar power (CSP) plant, has announced the commencement of construction on the 100 MW Redstone project following the achievement of […] Read more
Solar Developers Trip Up Over Great Indian Bustard Habitat in Rajasthan Updated On Tue, May 11th, 2021 by Saurenergy Solar developers that made a beeline for Rajasthan, India’s largest state by area with a seemingly plentiful supply of non-agricultural land with high solar irradiance, have been served a shock by the Supreme Court. The court was hearing a case related to the impact on the habitat of the Great Indian Bustard, a critically endangered […] Read more
India and the EU Commit to Energy Connectivity Partnership Updated On Mon, May 10th, 2021 by Saurenergy Last Saturday, India and the European Union agreed to bring the EU-India Roadmap 2025 in action and foster new synergies to jointly contribute to a safer, greener, cleaner, more digital, resilient and stable world. The day saw two key events- ‘India-EU Leader’s Meeting’ and ‘India-EU Business Roundtable’- being held simultaneously so that alliances in climate, […] Read more
Etrion Sees $2.5 Million Net Loss in FY 2021 Updated On Mon, May 10th, 2021 by Saurenergy Switzerland based independent solar power producer, Etrion has recently released its financial results for the first quarter of 2021 (Q1 FY21) ended March 31, 2021. During Q1-21, Etrions’s corporate segment generated negative earnings before interest, taxes, depreciation, and amortization (“EBITDA”) of USD 1.8 million and a net loss of USD 2.5 million, compared to a […] Read more
Lightsource bp Acquires Solar Projects Totalling 156 MWp in Italy Updated On Mon, May 10th, 2021 by Saurenergy Lightsource bp in Italy continues to boost its utility scale solar portfolio by acquiring three projects from Horizon Firm, a trusted developer specialized in solar, totalling 156MWp across the country. Two of the projects are based in Sicily, in a low solar plant massification density area, in the province of Agrigento: the Canicattì project (40.9 MWp) and the Torre di Mastro project (58.2 MWp). The third project, Manfredonia (57.4 MWp), based in Apulia, will be developed as an Agri-PV with the aim of virtuously integrating agriculture and […] Read more
WattEV to Build ‘Megawatt E-Truck Stop’; aims for 12,000 HD Electric Trucks on California Roads by 2030 Updated On Mon, May 10th, 2021 by Saurenergy A small start-up with big ambitions is making a serious splash in the truck transport world by building the nation’s first 25-megawatt, solar-powered, electric-only public truck stop to serve electric truck transport between California’s fast-growing Central Valley and Southern California’s bustling ports and shipping hubs. WattEV, founded by an experienced team of telecommunications and satellite […] Read more
Enel Group Releases Financial Results; Q1 2021 Unprofitable Updated On Mon, May 10th, 2021 by Saurenergy Enel Group, Italian multinational manufacturer and distributor of electricity and gas, has released the financial results of the first quarter of 2021. The company reports an 8.8% increase in investments and confirmation of yearly targets, among other data, but the quarter has not proved profitable for it. Revenues earned in this quarter were 17,107 million euros, […] Read more
Highest-ever Boom in Copper Amid Clean Energy Transition: Bloomberg Updated On Mon, May 10th, 2021 by Saurenergy According to recent analysis by Bloomberg, a New York City-headquartered data and media company, copper surged this week to its highest-ever and copper future prices rose as high as $10,440 a ton in London. This follows the boom in copper spread over the past year, which caused prices to double in the period. The year 2011 […] Read more
