Ørsted’s Taiwanese Offshore Wind Farm Generates First Power Updated On Wed, Sep 11th, 2019 by Saurenergy Ørsted has announced that the second phase of Formosa 1, Taiwan’s soon-to-be first commercial-scale offshore wind farm, produced first power. Danish wind energy major and the leading offshore wind energy firm in the world, Ørsted has announced that on September 5, 2019, the company’s second phase of Formosa 1, Taiwan’s soon-to-be first commercial-scale offshore wind […] Read more
Himachal Launches State-Wide Solar Program to Install 28 MW Capacity Updated On Wed, Sep 11th, 2019 by Saurenergy Himurja has announced its new program that seeks to deploy 28 MW solar energy projects in Himachal Pradesh. The Himachal Pradesh agency for renewable energy, Himurja has announced its new program that seeks to deploy 28 MW solar energy projects in the state. The state has invited proposals from local entrepreneurs for setting up of […] Read more
65 GW of European Onshore Turbines Need Upgrade or Replacement by 2028 Updated On Tue, Sep 10th, 2019 by Saurenergy A new report has revealed that 65 GW of European onshore wind turbines will reach end-of-design-life by 2028 and will be needing upgrades or replacement A new report has revealed that 65 GW of European onshore wind turbines will reach end-of-design-life by 2028. From 2019 to 2028, an average of 4 GW of turbines per […] Read more
Lightsource BP and Penn State Start Construction on 70 MW Solar Plant Updated On Tue, Sep 10th, 2019 by Saurenergy Lightsource BP and Penn State have announced the beginning of construction on their 70 MW utility-scale solar plant in Pennsylvania. Lightsource BP, a global solar leader, and Penn State, consistently ranked as a top 25 research university in the US, have announced the beginning of construction on their 70 MW utility-scale solar plant in Pennsylvania. […] Read more
Floating Solar to Expand 100-Fold in Southeast Asia: Report Updated On Mon, Sep 9th, 2019 by Saurenergy Floating PV panels are making a splash in Southeast Asia, and a new study expects floating solar developments, to increase 100-fold in the next 5-15 years Floating PV panels are making a splash in Southeast Asia, where gigawatts (GW) worth of utility-scale solar power are planned in the coming years. Development plans are in the […] Read more
IFC Raises $569 mn From 1st Canadian Green Bond Updated On Sat, Sep 7th, 2019 by Saurenergy IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […] Read more
GWEC Predicts 330 GW of new Wind Capacity by 2023 Updated On Sat, Sep 7th, 2019 by Saurenergy The GWEC updated market outlook has predicted an additional 330 GW of new wind energy capacity will be added to the global energy market from 2019 to 2023 The Global Wind Energy Council’s (GWEC) recently released updated market outlook has predicted an additional 330 GW of new wind energy capacity will be added to the […] Read more
Solar Leads as RE Investment Skyrocket Past $2.5 Trillion Updated On Fri, Sep 6th, 2019 by Saurenergy In the last ten years, the investments in the renewable energy sector have crossed the threshold of 2.5 Trillion dollars with solar at the top. The decade of investment (2010‐2019) quadruples renewables capacity from 414 GW to about 1,650 GW Solar capacity alone will have risen to more than 26 times the 2009 level — […] Read more
THDCIL Receives Bids for Rs 3215 cr Against Rs 1500 cr Bond Updated On Fri, Sep 6th, 2019 by Saurenergy THDCIL has received bids for Rs 3215 crore in response to its corporate bond series-II of Rs 1500 crore with a greenshoe option of Rs 1000 crore THDC India Limited (THDCIL), a joint venture of Government of India and Government of Uttar Pradesh, which was incorporated to develop, operate and maintain the 2400 MW Tehri […] Read more