Breakthrough in Affordable Technology to Harness Solar Power Updated On Wed, May 15th, 2019 by Saurenergy The most affordable, efficient way to harness the cleanest, most abundant renewable energy source in the world is one step closer to reality. A University of Toledo physicist is pushing the performance of solar cells to levels never before reached and has made a significant breakthrough in the chemical formula and process to make the […] Read more
APICORP Signs $75 Mn Financing Facility with Saudi Renewable Firm Alfanar Updated On Wed, May 15th, 2019 by Saurenergy The 5-year financing facility has been initially designed to support the Saudi-based renewable energy developer’s renewables energy projects, most notably the wind project it is currently developing in Spain. The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has signed a strategic five year Murabaha financing facility worth USD 75 million with Alfanar […] Read more
Clearway Energy Begins Work on 419 MW Texas Wind Farm Updated On Tue, May 14th, 2019 by Saurenergy San Francisco-based clean energy group, Clearway Energy Group has announced that it has closed financing and commenced construction on Mesquite Star, a 419 MW wind farm in Fischer and Nolan counties in Texas. Mizuho Bank of Japan led the group of banks including KeyBank, MUFG, and Santander, that will provide a loan to finance the […] Read more
Global Energy Investment Stabilised in 2018 with Oil & Coal Supply Bouncing Back Updated On Tue, May 14th, 2019 by Saurenergy A new report has revealed that the global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables. The International Energy Agency’s latest annual review, published in its World Energy Investment Report 2019, reported a […] Read more
Adani Green Energy Commissions 50 MW Solar Power Project in UP Updated On Tue, May 14th, 2019 by Saurenergy The Company has filed an appeal before the Appellate Tribunal for Electricity (APTEL) challenging reduction in PPA tariff from Rs 8.44/kWh to Rs 5.07/kWh by Uttar Pradesh Electricity Regulatory Commission (UPERC). Adani Green Energy (UP) Limited (AGEUPL), a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has commissioned 50 MW solar power project in the […] Read more
EBRD to Invest $100Mn in Turkish Renewable Firm Updated On Mon, May 13th, 2019 by Saurenergy With EBRD funds, the company plans to invest in wind farms and solar projects with a combined capacity of up to 250MW. In a new boost to Turkey’s renewable energy sector, the European Bank for Reconstruction and Development (EBRD) is investing US$ 100 million in a stake of Ictas Surdurulebilir Enerji Yatirimlari (Ictas Energy), the […] Read more
Renewables Under Modi. A Success Story Validated by Industry Stakeholders. Updated On Mon, May 13th, 2019 by Saurenergy Despite policy reversals and various other operational challenges faced by the industry, a bulk of the respondents are optimistic about its growth prospects. The Indian renewable industry has given a pass certificate to the five years under Modi government rule with 78 percent of the respondents in a survey of CEOs of the industry feel […] Read more
Climate and Energy Goals Can be Met Without Sacrificing Rivers: WWF Updated On Mon, May 13th, 2019 by Saurenergy A new report from WWF and The Nature Conservancy has revealed that the renewable energy transition can solve the world’s climate and energy challenges without sacrificing its remaining free-flowing rivers and the diverse benefits they provide to people and nature. Launched on the eve of the World Hydropower Congress in Paris, Connected and Flowing: A renewable future for rivers, climate and […] Read more
Decline In Wind Growth Puts German and EU Renewable Targets at Risk Updated On Fri, May 10th, 2019 by Saurenergy The growth of onshore wind energy is collapsing in Germany, jeopardizing both the German and EU renewables targets. Germany installed just 134 MW of new onshore wind farms in the first quarter of 2019 – the country’s worst first quarter for onshore installations since 2000. And is likely to install a total of just 1-2 […] Read more
