Ayana Renewable Scoops Up $390 Million In Fresh Funding Updated On Fri, Dec 18th, 2020 by Saurenergy CDC and Eversource Capital-backed Ayana Renewable has announced additional funding of $390 million from its key backers. Ayana Renewable Power, the CDC and Eversource Capital (through Green Growth Equity Fund) backed renewable energy firm, has announced additional funding of $390 million (Rs 2,200 crore)from its key backers. The big change will be the investment from […] Read more
Drop In Blade Manufacturing Costs Changing Wind Energy Supply Chains- GWEC Updated On Thu, Dec 17th, 2020 by Saurenergy The global Wind Energy Council (GWEC) has explained the transformations in the Global Wind Blade Supply Chain Update 2020. According to GWEC Market Intelligence, wind blades are one of the vital and expensive components of a wind turbine, and reduced production costs will improve the supply chain. Having the right supply chain strategy is crucial […] Read more
IRENA Offers Recommendations to Accelerate El Salvador’s Energy Transition Updated On Thu, Dec 17th, 2020 by Saurenergy IRENA analysis presents 14 concrete actions that can significantly accelerate the country’s uptake of renewable energy Enhancing long-term planning for the renewable energy sector, fostering project development and establishing clear institutional frameworks are among the key action areas that can significantly accelerate the deployment of renewable energy in El Salvador, according to recently published recommendations […] Read more
Accenture Makes Strategic Investment in Reactive Technologies Updated On Wed, Dec 16th, 2020 by Saurenergy Accenture has made a strategic investment in Reactive Technologies, a London-based provider of power and grid technology solutions. Accenture has made a strategic investment, through Accenture Ventures, and formed a strategic alliance with Reactive Technologies, a London-based provider of power and grid technology, to help utilities accelerate the transition to low-carbon energy. According to a new report from […] Read more
China & India Remained Biggest Emerging Markets for Clean Energy Investments: BNEF Updated On Thu, Dec 10th, 2020 by Saurenergy According to a new report by BNEF, China and India remained the biggest emerging markets for clean energy investment As 2019 came to a close, the outlook for renewable energy growth in developing economies was exceptionally bright. Power-generating capacity from solar plants such as solar projects reached 325 gigawatts (GW), up from just 1 GW […] Read more
COVID-19 Surge Leaves 446,000 US Clean Energy Workers Unemployed: Report Updated On Thu, Dec 10th, 2020 by Saurenergy As COVID-19 cases surged in the US, fewer than 8,000 jobs were added by US clean energy businesses in November, leaving more than 446,000 unemployed Clean energy companies added the fewest number of jobs in November since unemployment peaked in May, as COVID-19 cases and shutdowns in the US surged to their highest levels since […] Read more
McDonald’s Secures two Wind PPAs Worth 326 MW With Apex Clean Energy Updated On Wed, Dec 9th, 2020 by Saurenergy Apex Clean Energy has announced two power purchase agreements (PPAs) executed with McDonald’s totaling 326 MW of wind energy. Apex Clean Energy has announced two power purchase agreements (PPAs) executed with McDonald’s totaling 326 MW of wind energy. McDonald’s will purchase 200 MW from Caddo Wind, located in Caddo County, Oklahoma, and 126 MW from […] Read more
IRENA and AfDB to Scale up Renewable Investments in Africa Updated On Wed, Dec 9th, 2020 by Saurenergy IRENA and AfDB have agreed to work together to advance energy transition through initiatives that support renewable investments in Africa The International Renewable Energy Agency (IRENA), and the African Development Bank (AfDB), have agreed to work closely together to advance the energy transition in Africa through joint initiatives that support investments in low-carbon energy projects. […] Read more
GE Renewable Energy signs first Cypress order in Spain Updated On Mon, Dec 7th, 2020 by Saurenergy GE Renewable Energy announced today that it has been selected by Azora to supply 19 Cypress onshore wind turbines for the 100 MW Cuevas de Velasco wind farm located in the Cuenca province in Spain. Azora will operate the Cypress turbines at 5.5 MW, with a rotor diameter of 158m, the most powerful ever permitted […] Read more