US DOE Selects 4 Projects to Develop Next-Gen Wind Turbines Updated On Fri, May 3rd, 2019 by Saurenergy These projects will develop more efficient, smaller, and lighter-weight generators that will lower costs and make wind power more affordable. The U.S. Department of Energy (DOE) has selected four projects totaling up to $8 million in investment from the department to develop next-generation wind turbine drivetrain technologies that will facilitate the continued growth of wind turbines for […] Read more
Risen Energy Forms Strategic Partnership to Expand Business in Australia Updated On Fri, May 3rd, 2019 by Saurenergy Chinese solar module manufacturer Risen Energy recently announced a strategic partnership with Sydney-based innovative investment and asset management company, Providence Asset Group. The two parties signed an agreement whereby they will collaborate on investment and on the development of solar photovoltaic (PV) power projects. This partnership will provide Risen Energy with strong financial support, helping […] Read more
Spruce Finance Secures $208 Million for Residential Solar Assets Updated On Thu, May 2nd, 2019 by Saurenergy Spruce Finance owns and operates a growing portfolio of distributed generation solar and residential energy assets in the U.S. Headquartered in Houston with executive offices in San Francisco. Distributed generation solar plants operator Spruce Finance, a leading owner and operator of residential energy assets in the U.S., has announced the successful closing of a $208 […] Read more
KERC Recommends Halting New Solar Tenders, Auctions in Karnataka Updated On Thu, May 2nd, 2019 by Saurenergy Karnataka which is India’s top state in terms of installed solar capacity has stopped the building of new solar energy projects. The Karnataka Electricity Regulatory Commission (KERC) has written to the Karnataka Renewable Energy Development Limited (KREDL) regarding the procurement of solar power. According to the letter dated 7 March, the KERC reportedly has noted […] Read more
Enel Brings Online its First Solar Facility in Zambia Updated On Thu, May 2nd, 2019 by Saurenergy Upon completion, the facility is expected to produce around 70 GWh of electricity every year, while avoiding the annual emission of over 25,600 tons of CO2 into the atmosphere. Enel Green Power, the Enel Group’s global business line dedicated to renewable energy, has started operations of the 34 MW Ngonye solar PV plant, which is the Group’s […] Read more
Sustenance of US Coalfield Communities Hinges on Extension of Solar Tax Credit: Report Updated On Thu, May 2nd, 2019 by Saurenergy The note also adds that the issue is not restricted only to tribal lands. Many coalfield communities nationally are also struggling as coal plants and mines are retired or shut down. The federal solar tax credit should be extended by at least four years in coalfield areas, like the ones around the Navajo Generating Station […] Read more
Ørsted Takes FID on Two Offshore Wind Farms in Taiwan Updated On Wed, May 1st, 2019 by Saurenergy Denmark-based power company has announced that it has taken the final investment decision (FID) on the Changhua 1 and 2a offshore wind farm in Taiwan. Prior to the FID, Taiwan’s Ministry of Economic Affairs approved Ørsted’s local supply chain plan, and subsequently, Ørsted has signed a power purchase agreement (PPA) with Taipower at the feed-in-tariff […] Read more
Indian Solar Sector Contracts in 2018-19 Updated On Wed, May 1st, 2019 by Saurenergy The Indian Solar sector saw only 6,529 MW addition during the last financial year while Wind energy Sector too recorded a slump in growth. According to the data supplied by the Central Electricity Authority, 2018-19 saw fresh capacity additions to a paltry 6,529 MW as against 9,010 MW in the previous year. The figures show […] Read more
Stable Prices for Lithium Could be Good News for India’s EV dreams Updated On Tue, Apr 30th, 2019 by Saurenergy From predictions of prices that would slow down battery development in 2016, to the reality of an almost 50% price drop in 2018, Lithium has been too volatile for comfort. The good news is, the prized metal, on which many EV plans hinge, might just be settling in for a period of stability. Lithium, ever […] Read more