RWE Sells 51% Stake in 4 Texas Wind Farms to Algonquin Subsidiary for $600 Mn Updated On Tue, Dec 15th, 2020 by Saurenergy RWE has signed an agreement with a subsidiary of Algonquin Power to sell a 51 percent stake in four of its onshore wind farms in Texas Leading renewable energy company RWE has announced that it has signed an agreement with a subsidiary of Algonquin Power & Utilities Corp to sell a 51 percent stake in […] Read more
China & India Remained Biggest Emerging Markets for Clean Energy Investments: BNEF Updated On Thu, Dec 10th, 2020 by Saurenergy According to a new report by BNEF, China and India remained the biggest emerging markets for clean energy investment As 2019 came to a close, the outlook for renewable energy growth in developing economies was exceptionally bright. Power-generating capacity from solar plants such as solar projects reached 325 gigawatts (GW), up from just 1 GW […] Read more
NextEra in the US, Adani Green In India, More Similar Than They Seem Updated On Wed, Dec 9th, 2020 by Saurenergy One is the market cap leader among renewable firms in India, and going by its project pipeline, a potential global leader. The other is the world’s largest solar and wind energy firm owned by investors, poised to enter the next big opportunity in electric mobility too. The renewable energy boom, when it comes in, surprised […] Read more
Vestas, Siemens Gamesa and GE Will Capture 60% of Global Market by 2029: WoodMac Updated On Tue, Dec 8th, 2020 by Saurenergy The top three wind turbine OEMs – Vestas, Siemens Gamesa and GE – will increase their combined global market share to 60 percent by 2029. According to a new report, the top three wind turbine players (OEMs) in the world, in Vestas, Siemens Gamesa Renewable Energy and GE Renewable Energy, will increase their combined global […] Read more
Govt Role, Hydrogen In Focus At Plenary On Future Of RE At REINVEST Updated On Thu, Dec 3rd, 2020 by Saurenergy At a plenary session of ReInvest 2020, called the Future of RE, the focus shifted to all that needed to be done to ensure the future arrives on time. Where renewable power forms the basis of the economy without causing the sort of upheavals and disruptions that many skeptics continue to warn of. Picking up […] Read more
IRENA and Ocean Energy Europe Partner to Drive Ocean Energy Industry Updated On Tue, Dec 1st, 2020 by Saurenergy New IRENA reports forecast a 20-fold growth potential of ocean energy by 2030, providing coastal communities with a climate-safe roadmap for COVID-19 recovery The CEO of Ocean Energy Europe (OEE), Rémi Gruet and the Director-General of the International Renewable Energy Agency (IRENA), Francesco La Camera, signed a Memorandum of Understanding (MoU) today at the annual Ocean Energy Europe […] Read more
Vestas Launches Venture Investment Programme to Accelerate Innovation Within Sustainable Energy Solutions Updated On Thu, Nov 26th, 2020 by Saurenergy Driving on from its success in the wind energy segment, global wind energy major Vestas has announced that to accelerate the deployment of sustainable energy, the electrification of societies and unlock new growth opportunities, it is now launching a new venture investment programme entitled Vestas Ventures. “We want to combine Vestas’ 40 years of experience in pioneering […] Read more
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
Enel Plans to Invest €160 Bn by 2030 to Accelerate the Energy Transition Updated On Wed, Nov 25th, 2020 by Saurenergy Enel has released its vision 2030 and announced that it is placing at the core of its strategy the acceleration of the energy transition. One of the biggest utilities in Europe – Enel has released its vision 2030 and 2021–2023 strategic plan. The firm has announced that it is placing at the core of its […] Read more
