Dramatic Fall in Cost of Funding Behind Record Breaking Solar Tariffs: IEEFA Updated On Tue, Jun 9th, 2020 by Saurenergy The cost of solar continued to decline during the pandemic, driven by dramatic falls in the capital cost of solar (solar module costs) and in the cost of funding. The Institute for Energy Economics and Financial Analysis (IEEFA) in a new report has detailed that despite the devastating impact of the COVID-19 pandemic, during the […] Read more
India, Denmark Ink MOU to Develop Long-Term Cooperation in Power Sector Updated On Mon, Jun 8th, 2020 by Saurenergy India and Denmark have signed a Memorandum of Understanding (MoU) on Indo-Denmark Energy Cooperation to develop a strong, deep and long-term co-operation between the two countries in the power sector. The MoU was inked between the two countries on June 5, 2020, on the basis of equality, reciprocity and mutual benefit. From the Indian side, MoU […] Read more
Equinor Investing More in RE Projects Than all Other Oil Majors Combined Updated On Mon, Jun 8th, 2020 by Saurenergy More than half (55%) of the investments made by global oil majors in renewable energy projects are expected to be invested by a single company – Equinor. Investments in solar and wind (RE) energy projects by the world’s major oil majors until 2025 are expected to exceed USD 18 billion, a new analysis by Rystad […] Read more
Ingeteam Blows Past 50 GW Wind Energy Milestone Updated On Fri, Jun 5th, 2020 by Saurenergy Ingeteam, the Spanish technology Group specialized in electric power conversion, has confirmed commissioning 50 GW of electrical wind power conversion equipment to date. This includes sales of wind power converters and wind control cabinets. Ingeteam entered the wind industry in 1995 working on the development of variable-speed machines. They were the first manufacturer to launch […] Read more
Delayed Solar Development in Japan amid Covid-19 Likely to Facilitate Coal Usage Updated On Fri, Jun 5th, 2020 by Saurenergy Amidst coronavirus crisis, electricity demand in Japan like other countries has dropped significantly and thus resulted in a decline in power prices. This drop in demand and rise in solar power generation eventually driving down the wholesale electricity prices, as revealed by the data & analytics company. According to GlobalData, the ongoing economic contraction, delays […] Read more
JinkoSolar Tiger Pro Series Gets World’s 1st Salt Mist Corrosion Standards Certification Updated On Wed, Jun 3rd, 2020 by Saurenergy JinkoSolar has announced that its Tiger Pro Series modules have received the world’s first certification for salt mist corrosion test issued by TÜV Nord AG JinkoSolar, one of the largest solar module manufacturers in the world, has announced that its innovative Tiger Pro Series of high-efficiency modules received the world’s first IEC 61701 Ed 3 […] Read more
Renewables Increasingly Cheaper Than new Fossil Fuels Based Capacity: IRENA Updated On Wed, Jun 3rd, 2020 by Saurenergy Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by IRENA finds. Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half […] Read more
Siemens Gamesa Bags Massive 2.64 GW Order for new 14 MW Platform Updated On Thu, May 28th, 2020 by Saurenergy Siemens Gamesa will conditionally supply SG 14-222 DD offshore wind turbines to the massive 2.64 GW Dominion Energy Coastal Virginia Offshore Wind project. Siemens Gamesa Renewable Energy will conditionally supply SG 14-222 Direct Drive offshore wind turbines to the massive 2.64 GW Dominion Energy Coastal Virginia Offshore Wind (CVOW) commercial project. This project will be […] Read more
63 GW new Wind Capacity Added in 2019; Vestas top Supplier: GWEC Updated On Thu, May 28th, 2020 by Saurenergy According to a new report, 22,893 wind turbines were installed globally in 2019 produced from 33 suppliers and accounting for over 63 GW of capacity. The Global Wind Energy Council (GWEC) has published the second edition of its annual ‘Supply-Side Analysis 2019’ report on its market intelligence platform. According to the report, 22,893 wind turbines […] Read more
