Renewables in APAC to be Cheaper Than Coal by 2030, Led by India Updated On Thu, Nov 26th, 2020 by Saurenergy A new report shows that most markets in the Asia Pacific (APAC) region can expect to see a cheaper levelised cost of electricity (LCOE) for renewables compared to coal by 2030. With India and Australia expected to lead the charge. The latest report by Wood Mackenzie tails that across the region, new investments in renewables […] Read more
Tesla to Build ‘World’s Largest’ Battery Manufacturing Plant Near Berlin Updated On Wed, Nov 25th, 2020 by Saurenergy Tesla CEO Elon Musk has said that he plans to build the world’s largest battery-cell factory at the group’s electric car plant near Berlin. Tesla Boss Elon Musk said that he plans to build the world’s largest battery-cell factory at the group’s electric car plant near Berlin. Tesla has already started construction on a huge […] Read more
ADB Grants $600 Mn Loan to Indonesia’s PLN to Promote Renewable Energy Updated On Wed, Nov 25th, 2020 by Saurenergy ADB has approved a USD 600 million loan to help PLN, Indonesia’s state-owned power company, expand electricity access and promote renewable energy in eastern Indonesia. The Asian Development Bank (ADB) has approved a USD 600 million loan to help the State Electricity Corporation (PLN), Indonesia’s state-owned power company, expand electricity access and promote renewable energy […] Read more
Canadian Solar Records Big Growth in Module Shipments, Profit in Q3 Updated On Fri, Nov 20th, 2020 by Saurenergy Canadian Solar has reported big growth in all key business segments including growth in Module Shipments, Module Manufacturing capacity, etc in Q3. Canadian Solar, one of the largest solar module manufacturers and project developers has reported its financial results for the 3rd quarter (Q3) of the financial year. The firm has reported big growth in […] Read more
Iberdrola Pledges €75 Billion to Capitalise on Energy Transition Updated On Sat, Nov 7th, 2020 by Saurenergy Ignacio Galán CEO of Iberdrola “After 20 years of anticipating the energy transition, our business model positions us as a key agent in the transformation of the industrial fabric. With our experience, our engagement with society and our financial strength, we are advancing a model for long-term sustainable economic growth capable of meeting the current […] Read more
71.3 GW of Wind Capacity in 2020, 348 GW by 2024: GWEC Updated On Sat, Nov 7th, 2020 by Saurenergy According to the latest GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19. According to the latest market outlook by GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19, which is […] Read more
Powering Solar to 2025 and beyond Updated On Fri, Nov 6th, 2020 by Saurenergy The Technologies and Interventions That Will Drive Solar For the global solar sector, the pandemic hit home much earlier than it did for many other sectors. For even before global lockdowns became the norm, China’s early lockdown in late January, followed by other cities subsequently, was sufficiently disruptive for global shipments of solar equipment, of […] Read more
ADB to Deliver Disaster-Resilient Clean Energy to Consumers in Palau Updated On Wed, Nov 4th, 2020 by Saurenergy The Asian Development Bank (ADB) has approved a USD 3 million grant to increase access to disaster-resilient clean energy for consumers in Palau. The Asian Development Bank (ADB) has approved a USD 3 million grant to increase access to disaster-resilient clean energy for consumers in Palau. The grant comes from the Japan Fund for Poverty Reduction, […] Read more
ADB Grants $132.8 Mn Loan to Modernise Power Distribution Network in Meghalaya Updated On Wed, Nov 4th, 2020 by Saurenergy ADB has approved a USD 132.8 million loan to improve power quality and upgrade the power distribution network in Meghalaya. The Asian Development Bank (ADB) has approved a USD 132.8 million loan to improve power quality and upgrade the power distribution network in India’s northeastern state of Meghalaya. The project will construct 23 substations; renovate […] Read more