Report Forecasts 70 GW of Floating Wind Capacity by 2040 Updated On Thu, Jul 16th, 2020 by Saurenergy The Carbon Trust has released the latest summary findings from the Floating Wind JIP, forecasting 70 GW of floating wind capacity by 2040. The Carbon Trust has released the latest summary findings from the Floating Wind Joint Industry Project (JIP). The Floating Wind Joint Industry Project – Phase II summary report, outlines floating wind technology challenges prioritised […] Read more
Siemens Gamesa Scores Double Order for 165 MW in Vietnam Updated On Thu, Jul 16th, 2020 by Saurenergy Siemens Gamesa has scored a double order, worth a combined 165 MW, including one for the largest nearshore wind farm in Vietnam Siemens Gamesa has scored a double order, including one for the largest nearshore wind farm in Vietnam, as the country quickly advances on its renewable ambitions. The two deals, with 75 MW and […] Read more
IFC, EBRD, and EU to Support First Solar Project in Armenia Updated On Thu, Jul 16th, 2020 by Saurenergy IFC, EBRD and the EU have signed on to support the development of the first utility-scale solar power plant in Armenia, the 55 MW Masrik Solar Project. The International Finance Corporation (IFC), a member of the World Bank Group, the European Bank for Reconstruction and Development (EBRD), and the European Union (EU) have signed on to […] Read more
$151 Bn for Fossil Fuels, Only $89 Bn for RE in COVID-19 Recovery Packages Updated On Thu, Jul 16th, 2020 by Saurenergy A new report shows that total commitments for fossil fuels reached USD 151 billion from G20 governments, and only USD 89 billion for clean energy. A new report shows that during the global pandemic, total commitments in support of fossil fuels reached at least USD 151 billion from G20 governments. Of which, only 20 percent made financial support […] Read more
Hitachi ABB Power Grids Launches ‘Grid-eMotion’ EV Charging System Updated On Thu, Jul 16th, 2020 by Saurenergy Hitachi ABB Power Grids has launched its new grid-to-plug EV charging system – Grid-eMotion Fleet, that delivers a step-change approach for public transport and commercial operators. Hitachi ABB Power Grids has launched its new grid-to-plug EV charging system – Grid-eMotion Fleet, that delivers a step-change approach for public transport and commercial operators. The smart mobility […] Read more
Mukesh Ambani Signals A Clean Energy Shift at RIL AGM Updated On Thu, Jul 16th, 2020 by Saurenergy At the Reliance AGM (Annual General Meeting for Shareholders) yesterday Chairman Mukesh Ambani made some key announcements that deserve scrutiny for their implications on India’s fossil fuels future. The 43rd AGM of Reliance Industries Limited, now India’s most valuable group, was notable for announcements in the group’s traditional fuels business, even as all the thunder […] Read more
Pattern Energy Looking to Raise $700 Mn From Senior Notes Updated On Wed, Jul 15th, 2020 by Saurenergy Pattern Energy has announced the pricing of its offering of USD 700 million aggregate principal amount of 4.50 percent Senior Notes due 2028. Pattern Energy Operations LP and Pattern Energy Operations Inc have announced the pricing of their offering of USD 700 million aggregate principal amount of 4.50 percent Senior Notes due 2028. The firm […] Read more
COVID-19 Flattens Q1 Wind Additions in Key Markets: Report Updated On Wed, Jul 15th, 2020 by Saurenergy In Q1 2020, the wind sector saw a 19 percent drop in installations against the same period in 2019, mainly due to supply disruptions caused by COVID-19 Support schemes for the wind sector must be extended to prevent a prolonged slowdown in installations, according to a new analysis by Rethink Technology Research. In a quarterly […] Read more
Solar to Push Much of Remaining Coal Fleet in Texas Offline: IEEFA Updated On Wed, Jul 15th, 2020 by Saurenergy New utility-scale solar will push much of remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by IEEFA New utility-scale solar is poised to push much of the remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by the […] Read more
