Wind Energy now the top Source of Renewable Electricity in America Updated On Mon, Mar 2nd, 2020 by Saurenergy For the first time in history, wind turbines created more electricity than the longtime renewable champ, hydroelectric dams in the USA In 2019, the United States generated about 4.1 trillion kilowatt-hours (kWh) of electricity. According to new figures from the US Energy Information Administration, 63 percent is still generated by fossil fuels, while 20 percent […] Read more
RK Singh Dedicates 11 Renewable Energy Management Centres to Nation Updated On Sat, Feb 29th, 2020 by Saurenergy New and Renewable Energy Minister RK Singh has dedicated to the nation 11 Renewable Energy Management Centres for renewable energy integration. Power and New and Renewable Energy Minister RK Singh has dedicated to the nation 11 Renewable Energy Management Centres (REMCs) for renewable energy integration. The minister also inaugurated the Northern Region Renewable Energy Management Centre (NR-REMC) at a […] Read more
Greenbacker Enters Tax Equity Commitment With Morgan Stanley Renewables Updated On Fri, Feb 28th, 2020 by Saurenergy Greenbacker Renewable Energy has announced that it has completed a tax equity financing commitment with Morgan Stanley Renewables Inc. Greenbacker Renewable Energy Company has announced that it has completed a tax equity financing commitment with Morgan Stanley Renewables Inc. The tax equity financing will be placed on a diversified portfolio of solar commercial and industrial […] Read more
Renewable Energy to Employ 42 Mn People by 2050, 26 Mn in Asia: IRENA Updated On Thu, Feb 27th, 2020 by Saurenergy The number of people employed in renewable energy could reach 42 million globally by 2050, up from 12 million in 2017, according to a new recent report The number of people employed in renewable energy could reach 42 million globally by 2050, up from about 12 million in 2017, according to a recent report by the International Renewable Energy Agency (IRENA). […] Read more
GE Renewable Energy Wins Turbine Order for 300 MW Wind Project in Gujarat Updated On Wed, Feb 26th, 2020 by Saurenergy GE Renewable Energy has received an order from the EDF-SITAC JV to supply and install 112 – 2.7 MW wind turbines at a 300 MW wind project in Gujarat, India. GE Renewable Energy has announced that it has received an order from the EDF-SITAC joint venture to supply and install 112 of its 2.7 MW […] Read more
Kerala Commission Issues Renewable Energy and Net Metering Regulations Updated On Mon, Feb 24th, 2020 by Saurenergy KSERC has issued its ‘Kerala State Electricity Regulatory Commission (Renewable Energy and Net Metering) Regulations, 2020’. The Kerala State Electricity Regulatory Commission (KSERC) has issued the new state regulations for renewable energy and net metering in its ‘Kerala State Electricity Regulatory Commission (Renewable Energy and Net Metering) Regulations, 2020’. As per the new regulations, the […] Read more
Mahindra Renewables Sells its 3 Arms to CLP India for About Rs 340 Cr Updated On Sat, Feb 22nd, 2020 by Saurenergy India’s leading car maker Mahindra & Mahindra said that its wholly-owned renewables subsidiary, Mahindra Renewables, has sold its entire stake in three subsidiaries for about Rs 340 crore to CLP India, an arm of Hong Kong-based CLP Group. CLP India has entered into a share purchase agreement to buy 100 percent shareholding each in Cleansolar Renewable […] Read more
EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn Updated On Fri, Feb 21st, 2020 by Saurenergy EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […] Read more
Standard Chartered Commits $35 Bn Towards Renewable Projects Updated On Wed, Feb 19th, 2020 by Saurenergy Standard Chartered has committed to providing USD 35 billion of project financing, M&A advisory and debt structuring services for renewable projects by 2024 Standard Chartered Bank has announced its business targets for supporting its clients as they transition to a low- carbon economy as part of the Bank’s sustainability aspirations. By the end of 2024, […] Read more
