India Now the Lowest Cost Producer of Solar Power Updated On Thu, May 30th, 2019 by Saurenergy A new report by IRENA has revealed that India now holds the tag of the lowest cost producer of solar power in the world. The International Renewable Energy Agency’s (IRENA) latest report, ‘Renewable Power Generation Costs in 2018’ highlights the latest trends for each of the main renewable power technologies. And draws on the latest […] Read more
Cost of Renewable Power Dropped to a Record Low in 2018: Report Updated On Thu, May 30th, 2019 by Saurenergy The Renewable energy Sources like solar, onshore Wind costs will see a further slide next year consistently cheaper than any other fossil fuel source says the newest IRENA report. Boosting the business case for Renewables in the world, costs of renewable sources like onshore wind and solar photovoltaic (PV) technologies will in the next year […] Read more
Solar Dominates as China Approves 21 GW of Subsidy Free RE Projects Updated On Thu, May 23rd, 2019 by Saurenergy Chinese authorities approved list puts solar projects ahead of wind and other renewables China’s top economic planning agency, the National Development and Reform Commission (NDRC) has given the nod to the first batch of renewable projects under its new zero-subsidy policy. NDRC gave a go-ahead to 20.8 GW of renewable energy projects that will be […] Read more
Four Renewable Energy Companies Show The Way in Cape Town Updated On Tue, May 21st, 2019 by Saurenergy South Africa’s Cape Town’s clean energy ambition needs an overhaul and according to South Africa outlet, these 4 companies are one to watch out for. South Africa’s famous city, Cape Town has set an ambitious goal of having renewable power account for 20% of its energy mix by 2020, which a number of companies will […] Read more
Danish Renewable Energy Infrastructure Fund Closes on $700 Mn Updated On Mon, May 20th, 2019 by Saurenergy Copenhagen Infrastructure Partners (CIP) new fund, the New Markets Fund I, which will invest in renewable energy infrastructure targeting fast-growing major new economies primarily in Asia and Latin America, reached the first close of USD 700 million. “Obtaining first close commitments of USD 700m from a group of leading Nordic investors is an important proof […] Read more
China, US & France Top 3 Markets for RE, India Slips to 4th: Report Updated On Fri, May 17th, 2019 by Saurenergy China and US held the top 2 attractive markets’ status for Renewable energy according to EY index while India drops its third position. China and the US remained the most attractive markets for renewable energy in Ernst & Young’s 53rd edition of the Renewable Energy Country Attractiveness Index (RECAI). The next spot was held by France which ranked third […] Read more
E.on Posts Lower EBIT and Net Income For First Quarter of 2019 Updated On Mon, May 13th, 2019 by Saurenergy The Renewables segment’s adjusted EBIT rose by 23 percent year on year, from €171 million to €211 million. Thanks to commissioning of offshore wind farms in Germany and the UK and an onshore wind farm in the US. The Germany-based electric utility company, E.On, with its core business in Energy Networks, Customer Solutions and Renewables […] Read more
Europe’s Solar Resurgence is on the Horizon: Report Updated On Tue, Apr 30th, 2019 by Saurenergy A new report has revealed that the European solar market is undergoing a resurgence with more than 10 gigawatts (GW) installed in 2018, marking a five year high. Wood Mackenzie’s ‘Global solar PV market outlook update: Q1 2019’ predicts that based on this growing trend of more and more solar installations the continent should break […] Read more
European Commission Approves EUR 385 Mn Support For RE Transition in Lithuania Updated On Fri, Apr 26th, 2019 by Saurenergy The scheme will contribute to Lithuania’s transition to low carbon and environmentally sustainable energy supply, in line with the EU environmental objectives and our state aid rules. The European Commission has approved, under EU State aid rules, a scheme to support electricity production from renewable energy sources in Lithuania. The measure, open to all types […] Read more
