AIP Invests in Longroad Energy’s 215 MW Solar Assets Updated On Wed, Apr 8th, 2020 by Saurenergy After investment partnership with AIP, US-based renewable energy developer Longroad Energy has closed the financing for its Little Bear Solar project. Moreover, it has now started the construction of the Little Bear Solar project, which comprised of four separate projects aggregating 215 MW in Fresno County in California. Besides, two Danish pension funds i.e. PKA and PenSam, […] Read more
Majuperak Enters JVA for Solar Energy Project in Malaysia Updated On Mon, Apr 6th, 2020 by Saurenergy Malaysian investment holding company Majuperak Holdings Berhad (MHB) has entered into a joint venture agreement (JVA) with United Solar Energy to jointly venture into the solar photovoltaic (PV) generating system project using net energy metering scheme in the state of Perak in Malaysia. The company’s wholly-owned subsidiary Majuperak Power Resources has entered into an agreement through via […] Read more
Toyota Launches Renewable Venture With Chubu Electric in Japan Updated On Mon, Apr 6th, 2020 by Saurenergy Toyota has established Toyota Green Energy with Chubu Electric for the purposes of obtaining and managing renewable energy sources in Japan Toyota Motor Corporation has announced that it has concluded an agreement to establish Toyota Green Energy LLP with Chubu Electric Power and Toyota Tsusho Corporation, for the purposes of obtaining and managing renewable energy […] Read more
Significant Investment Needed to Transform Africa’s Energy System Updated On Fri, Apr 3rd, 2020 by Saurenergy IRENA and UNDP’s Africa Centre for Sustainable Development have outlined why significant investment is needed to transform Africa’s energy system. Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy. Despite the tremendous efforts that have been deployed […] Read more
California Doubles its Clean Energy Targets for 2030 Updated On Fri, Mar 27th, 2020 by Saurenergy With an aim to reduce carbon footprints and increase the share of renewable energy in the total energy mix, the California Public Utilities Commission (CPUC) on Thursday has adopted a new target for the electric sector that would more than double the state’s clean energy capacity installation by 2030. However, one of the green group […] Read more
New York Announces Awards for 21 Renewable Projects Worth 1278 MW Updated On Wed, Mar 25th, 2020 by Saurenergy New York has unveiled the details of the awards for 21 large-scale solar, wind, and energy storage projects totaling 1,278 MW of new renewable capacity. (Updated on March 25, 2020) New York Governor Andrew M. Cuomo recently unveiled the details of the awards for 21 large-scale solar, wind, and energy storage projects across upstate New […] Read more
Wind Energy Counts Its Losses From Coronavirus Updated On Wed, Mar 25th, 2020 by Saurenergy With the epicentre of the Covid 19 epidemic shifting to Europe and possibly the US, the global wind Energy industry is set o to take a big hit. According to research and consultancy firm Wood Mackenzie, global wind energy additions in 2020 could decline by 4.9 GW versus earlier projections. That means a drop from […] Read more
Renewables Industry Confused due to Lack of Advisory on Coronavirus: FICCI Updated On Fri, Mar 20th, 2020 by Saurenergy FICCI claims the Renewables industry in India is in a state of confusion due to the lack of advisory from ministries and departments regarding coronavirus The Federation of Indian Chambers of Commerce and Industry (FICCI) in a note has described that the Renewables industry in India is in a state of confusion regarding the next […] Read more
Flexible Grids key to Meeting Energy Transition Goals in 2020s: WoodMac Updated On Fri, Mar 20th, 2020 by Saurenergy In the 2020s, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility & power markets Over the next decade, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility and power markets, according to […] Read more