Indonesia Racing Towards 23% Renewable Energy: IEEFA Updated On Tue, Mar 3rd, 2020 by Saurenergy The electricity system in Indonesia might soon see a glimmer of hope after going more than 3 years without significant growth in renewable energy investment The electricity system in Indonesia might soon see a glimmer of hope after going more than three years without significant growth in renewable energy investment, a new IEEFA report finds. […] Read more
Longroad Energy Acquires Four California Solar Projects From First Solar Updated On Tue, Mar 3rd, 2020 by Saurenergy First Solar has announced that Longroad Energy is the acquirer of its four solar projects with a combined capacity of 160-MW in California. US-based First Solar has announced that Longroad Energy is the acquirer of its four solar projects with a combined capacity of 160-megawatts (MW) in California. Longroad Energy is a US-based renewable energy developer, […] Read more
Wind Energy now the top Source of Renewable Electricity in America Updated On Mon, Mar 2nd, 2020 by Saurenergy For the first time in history, wind turbines created more electricity than the longtime renewable champ, hydroelectric dams in the USA In 2019, the United States generated about 4.1 trillion kilowatt-hours (kWh) of electricity. According to new figures from the US Energy Information Administration, 63 percent is still generated by fossil fuels, while 20 percent […] Read more
The Role of AI and ML in Solar Energy Updated On Sat, Feb 29th, 2020 by Saurenergy Climate change is one of the biggest threats that humanity is currently facing. With these challenges which lie before the government and various energy solution providers, it has become imperative for them to provide a sustainable mode of renewable energy. This has also made renewable energy to be an alternative source of energy compared to […] Read more
IFC to Assess Potential of Private Investments in Energy Storage Solutions in Burkina Faso Updated On Mon, Feb 24th, 2020 by Saurenergy IFC will assess how private investment in energy storage can contribute to higher solar power production while enhancing grid stability in Burkina Faso The International Finance Corporation (IFC), a member of the World Bank Group, has announced that it has signed an agreement with Burkina Faso’s Ministry of Energy to assess how private investment in […] Read more
EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn Updated On Fri, Feb 21st, 2020 by Saurenergy EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […] Read more
BHEL Bags TERI’s Battery Energy Storage Tender for Rs 2.51 Crore Updated On Thu, Feb 20th, 2020 by Saurenergy BHEL has emerged as the best supplier in a tender recently floated by TERI for the installation and maintenance of battery energy storage systems (BESS). Bharat Heavy Electricals Limited (BHEL) has emerged as the best supplier of battery and associated equipment in a tender recently floated by The Energy and Resources Institute (TERI) for installation […] Read more
Renewable Energy Industry Must Face up to new Realities: Willis Towers Updated On Thu, Feb 6th, 2020 by Saurenergy Willis Towers Watson has identified several new realities that the renewable energy industry needs to face up to at the beginning of the new decade. Willis Towers Watson, a leading global advisory, broking and solutions company, today launched its inaugural Renewable Energy Market Review for 2020. The Review identifies several new realities that the industry […] Read more
Generate Raises $1 Bn to Scale Renewable, Sustainable Infra Platform Updated On Wed, Feb 5th, 2020 by Saurenergy Generate (formerly Generate Capital) has announced that it has secured more than $1 billion in funding to continue to scale its renewable and sustainable infrastructure fleet Generate has announced that it had secured more than USD 1 billion in funding to continue to scale its renewable, sustainable infrastructure fleet. New investors include some of the […] Read more