Engie to Develop 2 GW Renewable Energy in Chile by 2025 Updated On Fri, Apr 30th, 2021 by Saurenergy French multinational electric utility company Engie recently presented a comprehensive plan at the Presidential Palace of Chile for its operations in the country, including the development of 2 GW of renewable energy capacity and the end of its 1.5 GW of coal-fired power generation activities by 2025, both of which are part of the firm’s ambition […] Read more
LONGi Releases Q1 2021 and Full Year 2020 Results Updated On Thu, Apr 29th, 2021 by Saurenergy Chinese solar PV manufacturer LONGi has released its 2020 annual report to shareholders across the world, displaying a steady growth in revenue and a substantial rise in global shipments. During 2020, the company continued with its customer value oriented approach, providing reliable and efficient products and services to the market. According to the annual report, LONGi […] Read more
Covid-19 Couldn’t Crush India’s Electric Car Sales in 2020; They rose 41% Updated On Thu, Apr 29th, 2021 by Saurenergy According to the latest report by the International Energy Agency (IEA), electric car sales increased by 41% in 2020 even though the corona virus pandemic led to a serious fall in the world’s economic growth, causing global car sales to fall by 6%. The report shows that 4.6% of overall car sales in 2020 was […] Read more
26% increase in Solar Power Generation in the U.S. in 2020 Updated On Thu, Apr 29th, 2021 by Saurenergy Solar power generation in the US has seen a massive increase in the last twenty years. According to data presented by Trading.Platforms.com, solar power generation in the US increased by 26% year on year in 2020, producing just under 91,000 Million Kilowatt Hours of solar thermal and photovoltaic (PV) power. The data shows that in the […] Read more
Advanced Power Achieves Financial Close of 140-MWdc Cutlass Solar project Updated On Thu, Apr 29th, 2021 by Saurenergy Advanced Power announced today that it has successfully closed the financing of Cutlass Solar, a 140-MWdc photovoltaic solar electric generating facility located in Fort Bend County, Texas. Advanced Power, together with its co-investors, ENEOS Corporation (“ENEOS”) and Fuyo General Lease Co., Ltd. (“Fuyo”), are the owners of the facility. CIT Bank, N.A., Credit Agricole Corporate & […] Read more
Biden Administration Selects 5 GW Mega Solar Project in Africa Updated On Thu, Apr 29th, 2021 by Saurenergy Mega Solar is a partnership between the Govts of Namibia and Botswana, and others, which is expected to generate up to 5 GW of solar power. US President Biden recently hosted a virtual Leaders Summit on Climate to catalyse global ambition to address the climate crisis. The Summit convened world leaders to galvanize efforts to […] Read more
Chinese Consortium to Invest and Finance 1.1 GW Solar Farm in Brazil Updated On Thu, Apr 29th, 2021 by Saurenergy The consortium of CDIL & CMEC have entered into a development agreement for the EPC and financing of a 1.1 GW solar project in Brazil The consortium of China Development Integration Limited (CDIL) and China Machinery Engineering Corporation (CMEC) has announced that they have entered into a development agreement in relation to the EPC+F (engineering, […] Read more
Lithuania Well Placed to Lead on Clean Energy in Baltic Region: IEA Updated On Thu, Apr 29th, 2021 by Saurenergy Lithuania has made impressive headway in its clean energy transition in recent years but needs to take action in several key areas to accelerate progress towards its goal of climate neutrality in 2050, according to a new policy review by the International Energy Agency. The European nation is seeking membership of the IEA, which conducted the […] Read more
Regulatory Over-reach in South Australia’s Switch-off of Household Rooftop Solar Updated On Thu, Apr 29th, 2021 by Saurenergy IEEFA has detailed a ‘worrying’ precedent in South Australia where rooftop solar systems can be remotely switched off without householders’ knowledge. A new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA) details a ‘worrying’ precedent in South Australia where new measures allow for rooftop solar systems to be remotely switched off […] Read more
