Wind and Solar to Account 25% of US Generating Capacity by 2026: FERC Updated On Thu, Jul 20th, 2023 by Saurenergy The utility-scale solar and wind of the US appear to be on track to provide a quarter of the nation’s installed electrical generating capacity within three years, as per a review by the SUN DAY Campaign of data newly released by the Federal Energy Regulatory Commission (FERC). According to the most recent “Energy Infrastructure Update” […] Read more
Duke Energy To Offload Commercial Distributed Generation Biz to ArcLight In $364 million Deal Updated On Thu, Jul 6th, 2023 by Saurenergy Duke Energy has announced an agreement to sell its commercial distributed generation business to an affiliate of ArcLight Capital Partners, LLC , a leading middle market infrastructure investor, for an enterprise value of $364 million, inclusive of non-controlling tax equity interests. Duke Energy expects approximately $259 million of proceeds from this transaction, which is subject to certain […] Read more
AngloGold Ashanti Unveils Renewable Project with Storage at Tropicana Gold Mine in Australia Updated On Wed, Jun 28th, 2023 by Saurenergy Global mining company AngloGold Ashanti plans to build one of the largest renewable projects in Australia’s natural resource sector, the firm announced recently. The company’s subsidiary, AngloGold Ashanti Australia Ltd., has agreed with power developer Pacific Energy to construct and operate 62 MW of wind and solar generation capacity at the Tropicana gold mine site. […] Read more
Europe’s Nuclear Regret: Sweden Moves To Redress The Nuclear Exit Updated On Tue, Jun 27th, 2023 by Saurenergy Sweden, over four decades after deciding to phase out nuclear power, is now considering the construction of additional nuclear reactors. This shift comes as the country’s parliament officially abandoned its goal of achieving 100 per cent renewable energy to reach net-zero emissions by 2045. Sweden recently revised its net-zero targets to focus on achieving 100 […] Read more
Energy Trading In An Interconnected World Updated On Thu, Jun 22nd, 2023 by Saurenergy Matteo Mazzoni, Director of Energy Analytics, ICIS Energy markets are evolving, moving away from discrete regional or local hubs to become truly global and far more interconnected than ever before. The rise of LNG and associated infrastructure investment, for example, has seen it emerge as an analogue of more traditional natural gas hubs. Whereas previously, […] Read more
As Bangladesh’s Textile Sector Makes Green Switch, Lessons For India’s Export Giants Too Updated On Tue, Jun 20th, 2023 by Saurenergy Bangladesh has been a laggard when it comes to Grid-scale solar adaptation, historically. The country, which also imports power from India, faces a challenge when it comes to energy, with a reliance on natural gas besides thermal power from India. However, there have been clear signs of acceleration in its solar installation drive recently. At […] Read more
China’s Offshore Wind Achieves Remarkable Power Price Parity with Coal Prices Updated On Tue, Jun 13th, 2023 by Saurenergy China’s rapidly expanding offshore wind industry has defied the global norm by successfully driving down power prices to match those of coal, according to a recent report by BloombergNEF. While other regions continue to face upward pressure on energy costs, China’s offshore wind sector has experienced a significant reduction in prices, presenting a promising development […] Read more
ICCT Suggests Placing Premium on Battery Electric Trucks in Delhi EV Policy 2.0 Updated On Tue, Jun 13th, 2023 by Saurenergy The current Electric Vehicle Policy of Delhi phases out this August. The policy, without a doubt, has played a key role in giving an impetus to e-mobility in Delhi. The International Council On Clean Transportation has come up with recommendations for the city’s Electric Vehicle Policy 2.0. The report stresses on providing incentives for medium […] Read more
Duke Energy in $2.8 Billion Deal with Brookfield Renewable for Commercial Renewables Business Updated On Tue, Jun 13th, 2023 by Saurenergy A key US electricity distributor and generator, Duke Energy has announced reaching reached an agreement to sell its unregulated utility scale commercial renewables business to Brookfield Renewable for $2.8 billion. Brookfield is one of the world’s largest owners and operators of renewable power and climate transition assets. Duke Energy’s expected net proceeds from this transaction […] Read more
