ADB Approves $350 mn Loan to Reform the Energy Sector in Pakistan Updated On Mon, Sep 16th, 2019 by Saurenergy ADB has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes in the Pakistan energy sector. The Asian Development Bank (ADB) has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes that aims to address fiscal, governance, technical and policy deficits […] Read more
Neoen to Build Renewable Super Hub in South Australia Updated On Thu, Sep 12th, 2019 by Saurenergy Neoen has unveiled its plans for a massive new renewable super hub in South Australia featuring wind, solar and battery storage facilities. Neoen Australia, a subsidiary of French renewable energy producer Neoen, and the company that operates the world’s largest Lithium-ion battery has unveiled its plans for a massive new renewable super hub in South […] Read more
Solar Leads as RE Investment Skyrocket Past $2.5 Trillion Updated On Fri, Sep 6th, 2019 by Saurenergy In the last ten years, the investments in the renewable energy sector have crossed the threshold of 2.5 Trillion dollars with solar at the top. The decade of investment (2010‐2019) quadruples renewables capacity from 414 GW to about 1,650 GW Solar capacity alone will have risen to more than 26 times the 2009 level — […] Read more
Modi Wants to see India as Solar Power Battery Hub Updated On Fri, Sep 6th, 2019 by Saurenergy Amid his thrust on renewable energy, PM Modi recently said that he wonders whether India could become a hub of solar power battery manufacturing Amid his thrust on renewable energy, Prime Minister Narendra Modi recently said that he wonders whether India could become a hub of solar power battery manufacturing, which can play a major role in the country’s march towards clean energy. Responding […] Read more
Ørtsed to go Ahead With 230 MW Wind Farm in Nebraska Updated On Thu, Sep 5th, 2019 by Saurenergy Ørsted has announced that it’s subsidiary, Lincoln Clean Energy has issued the ‘Final Notice to Proceed’ on its 230 MW wind facility in Nebraska Global wind major Ørtsed has announced that it’s US onshore subsidiary, Lincoln Clean Energy (LCE), a leading developer of US renewables, has issued the ‘Final Notice to Proceed’ on its 230 […] Read more
Australia Says 2020 Clean Energy Targets Met This Year Updated On Thu, Sep 5th, 2019 by Saurenergy The CER informed that on August 30, 2019, this milestone was met ahead of schedule. But despite this nugget of good news, Australia has been walking backward on climate change. Australia’s’ Clean Energy Regulator (CER), in an official statement, has confirmed that it has now enough approved capacity to guarantee that its renewable energy targets of […] Read more
Rajasthan, Utah Sign Agreement to Collaborate in Energy Sector Updated On Wed, Sep 4th, 2019 by Saurenergy The Rajasthan government and state of Utah in the US have entered into a partnership for knowledge sharing and collaboration in the energy sector The Rajasthan government and state of Utah in the US have entered into a partnership for knowledge sharing in the energy sector. The two states signed an MoU last week to advance state-level policy exchange, share emerging […] Read more
ADB Pledges $12 bn to India’s New Flagship Initiatives Updated On Tue, Sep 3rd, 2019 by Saurenergy ADB President, Takehiko Nakao recently met with Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Asian Development Bank (ADB) President, Takehiko Nakao recently met with Prime Minister Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Modi and Nakao discussed […] Read more
Vestas Sells Majority Stake in 3 Romanian Wind Projects Updated On Fri, Aug 30th, 2019 by Saurenergy Vestas has entered into an agreement to sell 80% of its shares in the subsidiaries owning the 3 Romanian wind power plants at a price of EUR 136 million Wind Energy Major, Vestas Wind Systems has announced that it has entered into an agreement to sell 80 percent of its shares in the subsidiaries owning […] Read more