A Majority Renewables Grid by 2030 Will Support 980,000 Direct Jobs in US: Report Updated On Tue, Dec 22nd, 2020 by Saurenergy A new study has found that reaching a majority renewables grid over the next decade will support 980,000 direct jobs in the US According to a new ‘first-of-its-kind’ study, released by Wood Mackenzie and the American Clean Power Association (ACP), reaching a majority renewables grid will deploy over USD 1 trillion in capital investment into the American economy […] Read more
Delay in Imposition of BCD on Solar Equipment Impacting Investments: CII Updated On Tue, Dec 22nd, 2020 by Saurenergy CII has urged the finance ministry to impose the BCD on solar equipment, stressing that the delay in implementation is impacting investments. The Confederation of Indian Industry (CII) in a written memorandum to the Ministry of Finance has urged the ministry to impose the planned basic custom duty (BCD) on solar equipment as announced in the last general budget, stressing […] Read more
Perceived Risk of Investment in Indian Solar Market Cited in UNDP HDR Updated On Tue, Dec 22nd, 2020 by Saurenergy The latest edition of the UNDP HDR cited the case of India to explain the disparity in renewable investments around the world The latest edition of the United Nations Development Programme (UNDP) Human Development Report (HDR) cited the case of India to explain the disparity in the investments made in renewable energy amongst lower-middle-income and […] Read more
Vestas Invests in CIP to Expand Presence Across Wider Range of Renewable Value Chain Updated On Mon, Dec 21st, 2020 by Saurenergy Vestas has invested in Copenhagen Infrastructure Partners, (CIP), the world’s largest dedicated fund manager in greenfield renewable energy infrastructure, to acquire a 25 percent minority stake in the investment management company, ref. Company Announcement no. 45/2020 of 18 December 2020. With the investment, Vestas seeks to create value across a wider range of the renewable […] Read more
CDPQ to Invest USD 1 Billion in Invenergy Renewables Updated On Mon, Dec 21st, 2020 by Saurenergy CDPQ has committed USD 1 billion to Invenergy Renewables, one of the largest developers, owners and operators of RE projects in North America Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, has announced a USD 1 billion commitment to Invenergy Renewables, one of the largest private developers, owners and operators of wind and solar […] Read more
NTPC Planning for Renewable InvIT in JV With NIIF Updated On Mon, Dec 21st, 2020 by Saurenergy NTPC is mulling over creating a JV with the central governments’ strategic investment fund NIIF to set up a renewable InvIT. State-owned power giant NTPC Ltd has proposed that it is mulling over creating a joint venture company with the central governments’ strategic investment fund NIIF to set up a renewable infrastructure investment trust (InvIT). As […] Read more
Xcel Energy Brings Up 522-MW Wind Plant in New Mexico Updated On Fri, Dec 18th, 2020 by Saurenergy The U.S. based Xcel Energy Inc. has built the 522-MW Sagamore Wind Plant, switching on its 240 turbines in the state of New Mexico. As the company says, more than USD 900 million has been invested in the wind plant which will be operational before the end of December 2020. Enlighting on the project, David […] Read more
South Asia Should Prioritise Sustainable Energy to Accelerate Economic Recovery: SEforALL Updated On Fri, Dec 18th, 2020 by Saurenergy A new guide from SEforALL shows that countries in South Asia should strengthen sustainable energy policies & finance to accelerate their economic recovery As 2020 comes to an end and the world continues to face ongoing challenges from the COVID-19 pandemic, a new guide from Sustainable Energy for All (SEforALL) shows that countries in South […] Read more
GE Renewable Energy Bags 265 MW Turbine Order From ALLETE Updated On Fri, Dec 18th, 2020 by Saurenergy GE Renewable Energy has announced today a 265 MW onshore wind turbine order for ALLETE Clean Energy’s Caddo Wind farm in Oklahoma. GE Renewable Energy today announced today a 265 MW onshore wind turbine order for ALLETE Clean Energy’s Caddo Wind farm, located in Caddo County, Oklahoma. The wind farm will utilize GE’s 2.8-127 turbines. Construction on […] Read more
