StatKraft To Aquire Solarcentury In $152 M deal Updated On Tue, Nov 3rd, 2020 by Saurenergy Norwegian renewable energy major StatKraft has announced a deal to acquire UK based Solarcentury. The deal, worth a total of $152m (£118m) will involve StatKraft buying the shares from multiple investors, including PE investors, in Solarcentury, the largest solar PV firm in the United Kingdom. The London-based Solarcentury, a well-known name in the solar panel […] Read more
ENGIE to Develop 420 MW Wind Farm in Australia After Latest Acquisition Updated On Mon, Nov 2nd, 2020 by Saurenergy ENGIE ANZ has announced the purchase of the 420 MW (on completion) Hills of Gold Wind Farm development near Nundle, New South Wales in Australia. ENGIE Australia & New Zealand (ENGIE ANZ) has announced the purchase of the Hills of Gold Wind Farm development near Nundle, New South Wales in Australia. The project, which is […] Read more
Vestas Makes Offshore Move, to Acquire MHI’s Share in MHI Vestas Updated On Fri, Oct 30th, 2020 by Saurenergy Vestas and MHI have signed an agreement which will see Vestas acquire MHI’s shares in the MHI Vestas Offshore Wind joint venture Vestas Wind Systems, a world leader in sustainable energy solutions, and Mitsubishi Heavy Industries (MHI), a leading global manufacturing and engineering firm, have signed an agreement to expand their partnership in sustainable energy. […] Read more
Pledges to Be Carbon Neutral by Japan, South Korea To Ensure Solar Growth Updated On Thu, Oct 29th, 2020 by Saurenergy The story in India might be depressing, with installations likely to hit a 4 year low this year after the peak of 2017, but the bigger picture for solar remains bright. That is because in the economies that can truly swing the balance, solar remains key to achieving key emission and carbon neutrality goals. Joining […] Read more
Pandemic Saves 2.5 Years of Emissions, Accelerates Coal Timeline in India: BNEF Updated On Wed, Oct 28th, 2020 by Saurenergy The drop in energy demand due to the pandemic will remove some 2.5 years worth of energy sector emissions between now and 2050, according to BNEF The stark drop in energy demand due to the coronavirus pandemic will remove some 2.5 years’ worth of energy sector emissions between now and 2050, according to research company […] Read more
Triton-EV Debuts Fully Electric 18-Wheeler Semi Truck Updated On Tue, Oct 27th, 2020 by Saurenergy Triton-EV, the revolutionary new subsidiary of Triton Solar, a leader in solar panel and battery engineering, has announced that it has produced a 100 percent electric-powered, full-service 18-wheeler semi-truck. The truck, which is a hybrid of hydrogen fuels that generate electricity stored in on-board batteries, has a 220,000-pound towing capacity–the same as any comparable diesel truck on […] Read more
APAC’s RE Capacity to Grow to 815 GW in 2025, led by Solar: Report Updated On Mon, Oct 26th, 2020 by Saurenergy The installed capacity of RE in the Asia-Pacific region is set for a major boost in the next five years, reaching 815 GW in 2025 from 517 GW this year The installed capacity of renewable energy (RE) in the Asia-Pacific (APAC) region is set for a major boost in the next five years, to 815 […] Read more
PM Modi’s Solar Vision Vindicated As IEA Dubs Solar “The New King Of Electricity” Updated On Wed, Oct 14th, 2020 by Saurenergy The International Energy Agency (IEA), has never been a huge fan of renewable energy. The Paris-based agency, formed after the first oil shock in 1973-74 had a a broad mandate on energy security and energy policy co-operation. Over the years, the agency remained focused on oil, even as it grudgingly broadened its own mandate to […] Read more
MNRE Invites Suggestions for Centralised Tendering of 4.5 Lakh Solar Pumps Under KUSUM Scheme Updated On Thu, Sep 24th, 2020 by Saurenergy MNRE has invited suggestions for centralised tendering for the current year target of 4.5 lakh standalone solar pumps under the KUSUM Scheme. The Ministry of New and Renewable Energy (MNRE) in a new notification has proposed to soon initiate the centralised tendering process for the current year target of 4.5 lakh standalone solar pumps under […] Read more
