China, Europe Will Lead World To Record-breaking RE Capacity In 2022 Updated On Wed, May 11th, 2022 by Saurenergy The International Energy Agency (IEA) said today (May 11) that China and Europe would lead the world to set a new record in renewable energy capacity in 2022 after which the momentum could drop in the following year. The findings come from IEA’s Renewable Energy Market Update for May, 2022. A press release issued by […] Read more
Austria’s Verbund bags renewable portfolio in Spain Updated On Tue, May 10th, 2022 by Saurenergy Austrian hydropower utility Verbund said on Monday it had acquired a portfolio of renewable energy assets in Spain from local private equity fund Q-Energy for an undisclosed sum. The assets include operating photovoltaic power plants with a combined capacity of 82 megawatts (MW) and projects planned to have an eventual capacity of up to 4,000 […] Read more
Denmark to build energy islands for greater supply of renewable energy Updated On Thu, May 5th, 2022 by Saurenergy Denmark is mulling to build two energy islands that can supply renewable energy produced offshore sources to the domestic market of Denmark and other countries of Europe. Minister of Climate, Energy, and Utilities of Denmark, Dan Jorgensen has recently said that Denmark and the rest of Europe must get rid of Russian fossil and for […] Read more
‘Big Battery’ fuels revenue jump at French renewables group Neoen Updated On Wed, May 4th, 2022 by Saurenergy French renewable power producer Neoen ‘s first-quarter revenue jumped by more than a third, helped by the commissioning of one of the world’s largest lithium-ion batteries in Australia, the company said on Tuesday. Neoen, which specialises in solar farms, onshore wind and energy storage, posted overall sales up 36 per cent at 109 million euros […] Read more
Iberdrola signs its largest green loan worth €1 B with Banco Santander Updated On Thu, Apr 28th, 2022 by Saurenergy Spanish electric utility Iberdrola has signed its largest green loan with Banco Santander for an amount of €1 billion, which in turn is backed by an Export Credit Agency (ECA), said the company. The loan has a maximum term of 15 years.The funds will be used mainly to finance Iberdrola’s orders to suppliers of turbines […] Read more
TotalEnergies Acquires Core Solar; Raises RE Portfolio by 4GW in USA Updated On Thu, Apr 28th, 2022 by Saurenergy French energy major TotalEnergies has announced that it has acquired Austin, US based Core Solar whose portfolio includes more than 4 GW of utility-scale solar and energy storage projects. These projects are at various stages of development across several U.S. states and power markets. According to TotalEnergies official statement, Core Solar CEO Greg Nelson and […] Read more
India could become carbon neutral before its 2070 goal: IRENA chief Updated On Wed, Apr 27th, 2022 by Saurenergy India’s focus on decarbonising its steel sector and developing offshore wind power will help it become carbon neutral ahead of its promised goal of 2070, the director-general of the International Renewable Energy Agency (IRENA) said. IRENA’s Francesco La Camera told an international news agency that India was “very serious” about meeting the challenges and was […] Read more
Masdar Signs Agreement with Kyrgyzstan to Develop 1GW Renewable Projects Updated On Wed, Apr 20th, 2022 by Saurenergy The Central Asian economies are looking to diversify their energy basket in order to reduce their carbon emissions and reduce dependence on fossil fuels which are mostly imported. In the latest development, United Arab Emirates based clean energy company Masdar has signed a memorandum of understanding (MoU) with the Ministry of Energy of Kyrgyzstan in […] Read more
Lightrock Power to Build 400 MW Solar Projects in UK Updated On Fri, Apr 1st, 2022 by Saurenergy After ‘farming friendly’, animal friendly solar is also getting here. Bristol based solar power developer Lightrock Power has announced that the company plans to develop a number of solar projects in the United Kingdom that will be ‘wildlife-friendly.’ The combined capacity of the solar projects will be 400 MW. As per Lightrock Power, these upcoming […] Read more
