Engie and EDPR JV ‘Ocean Winds’ is Officially Launched Updated On Wed, Jul 22nd, 2020 by Saurenergy ENGIE and EDPR have announced the creation of Ocean Winds, a JV equally controlled by both companies in the floating and fixed offshore wind energy sector. ENGIE and EDP Renováveis (EDPR) have announced the creation of Ocean Winds (OW), a joint venture (JV) equally controlled by both companies in the floating and fixed offshore wind […] Read more
LAUNCHING- Solis 255K “More Than BIG” on 22nd July 2020 Updated On Mon, Jul 20th, 2020 by Saurenergy 2020 is the year when the photovoltaic industry moves from subsidy to parity, and also the year of great technological change! Since the beginning the year, at least 7 companies have released new PV modules, with the power moving from 500W to 600W+! At the same time the renewable industry in India is witnessing aggressive […] Read more
Ultra Fast Charging Tech Firm StoreDot Wins BNEF Pioneer Award Updated On Mon, Jul 20th, 2020 by Saurenergy Ultra-fast charging technology firm, StoreDot, has been named as a 2020 Bloomberg New Energy Finance (BNEF) Pioneers Winner. Ultra-fast charging pioneer, StoreDot, has been named as a 2020 Bloomberg New Energy Finance (BNEF) Pioneers Winner. The awards recognises companies that are leading the transition to a low-carbon economy through the development of cutting-edge renewable energy products, […] Read more
CIT Leads Financing for 108 MW Solar Project in North Carolina Updated On Mon, Jul 20th, 2020 by Saurenergy The CIT Group’s Power and Energy unit served as lead arranger on a USD 126 million financing for the 108 MW Trent River Solar project in North Carolina. The CIT Group has announced that its Power and Energy unit served as lead arranger on a USD 126 million financing for the 108 MWdc Trent River solar project […] Read more
20% Duty on Solar Power Equipment to cut Imports: Anurag Thakur Updated On Sat, Jul 18th, 2020 by Saurenergy The government is considering a 20% basic customs duty on solar equipment to discourage imports, particularly from China, Anurag Thakur has said. The government is considering a proposal by the Ministry of New and Renewable Energy (MNRE) to impose 20 percent basic customs duty on solar modules to provide an edge to domestic manufacturers and discourage imports, […] Read more
Three Solar Parks Proposed in Anandpur Sahib – Punjab Updated On Sat, Jul 18th, 2020 by Saurenergy The Punjab government is planning to set up three solar parks in the Anandpur Sahib parliamentary constituency, Congress MP Manish Tewari has said. The Punjab government is planning to set up three solar parks in the Anandpur Sahib parliamentary constituency, Congress MP Manish Tewari told local reporters. The state government has asked the deputy commissioners of Mohali and Rupnagar to identify the land for the purpose, the […] Read more
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
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